Sales and Analytics Internship at Bloomberg

I have a final round for Bloomberg's Financial Sales and Analytics Program- anyone have information as to how the interview is structured and what to expect??

bloomberg financial product sales and analytics

Our users generally advise against pursuing an internship with the sales and analytics department as it is effectively the Bloomberg help desk. If you are looking to leverage this into a traditional wall street front office role, it will be a difficult undertaking.

pmk1218:
Analytics at Bloomberg is help desk (when you hit the help key twice.) Basically, no quant work. Programming is a completely different position. Just know why you want to do sales, and your motivation for sitting in front of a computer all day answering other people’s questions through the Bloomberg chat. Have a couple buddies who got offers, and they said that it wasn't too tough. Just brush up on your pitch.

Investor1:
If you are looking to get into the high-paying and competitive areas of the finance industry such as Investment Banking, Sales & Trading, Hedge Funds, Private Equity, Venture Capital etc. I would stay far, far away from the Bloomberg Financial Sales and Analytics opportunity.

It is a help desk role for the first year where you answer client questions about using the Bloomberg and then you move into sales where you sell the Bloomberg terminals. This will not help you build any relevant skills such as valuation, building financial models, or learning how to trade.

Why Bloomberg Answer?

Check out a sample answer below. It is important to emphasize your connection with the firm / group culture and you should tell the story of how you became interested.

I first became interested in Bloomberg when attending an informational session at XYZ school. There I spoke with several alumni from the Sales and Analytics Division. After connecting with members of the firm at that event, I was connected to speak to more alumni from the firm who spoke extensively about how the Bloomberg system supplies the critical infrastructure that keeps the sell side and buy side running smoothly. Recently, I had the chance to visit Bloomberg and after experiencing the very entrepreneurial environment and connecting with more members of the Sales and Analytics team I knew that I wanted to pursue a career with Bloomberg.

You can learn more about the group in a video from Bloomberg below.

You can read more about Bloomberg on the WSO Company Database.

You can also learn more about careers at Bloomberg on their company website.

Read More About Bloomberg on WSO

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This sounds similar to the analytics program I worked in at a BB.

Expect questions on numerical methods, matrices, quantitative brain teasers (read "Heard on the Street"), and maybe a few econ/DCF questions.

If you're getting hired as a programmer, expect data structures and algorithms. You won't be expected to know as much finance/math, but the questions may still come up.

 

Not too familiar about the final round interviewing process, but analytics at Bloomberg is help desk (when you hit the help key twice.) basically, no quant work. programming is a completely different position. just know why you want to do sales, and your motivation for sitting in front of a computer all day answering other peoples questions through the bloomberg chat. have a couple buddies who got offers, and they said that it wasn't too tough. just brush up on your pitch.

 

how did you hear about these opportunities? i only recently started considering bloomberg as a summer option. have all the deadlines passed already? how long did you have to wait to hear back from them after submitting your resume/cover letter?

i feel so behind on all this ... you guys are already have final round interviews! is it too late to apply to bloomberg?

 
Best Response

If you are looking to get into the high-paying and competitive areas of the finance industry such as Investment Banking, Sales & Trading, Hedge Funds, Private Equity, Venture Capital etc. I would stay far, far away from the Bloomberg Financial Sales and Analytics opportunity.

It is a help desk role for the first year where you answer client questions about using the Bloomberg and then you move into sales where you sell the Bloomberg terminals. This will not help you build any relevant skills such as valuation, building financial models, or learning how to trade.

Base salary is $55K with a $3K year-end bonus bringing total compensation to $58K, which is $2K lower than the back-office (operations, compliance, etc.) base salary at the banks ($60K) and about $12-15K lower than back-office total compensation of $70-75K.

I was seriously considering the Bloomberg opportunit,y but turned it down after I learned about the low pay and poor exit opps.

 

Just say something like the fact that Bloomberg itself has done for the financial world and how the company is such a huge significant tool and asset to the financial world. Bloomberg brings vital information by the second to a wide variety of clients etc. Say you want to be part of such a great well-run company and that you appreciate their relentless efforts to be up to date and effectively and positively affecting companies, business', people, institutuions etc blah blah blah. Come on man you could say something

 

The interview is going to be mostly behavioral, with a "Why do you want to work for Bloomberg?" question thrown in. Even their in-house interviews on super day are mostly behavioral. The final round interview is the tough one. Good luck.

 

light778

I had a final interview with them for the same position in Tokyo a week ago. They called me the day after saying that they had to process my application in New York and would be in touch with me in 1 to 2 weeks.

I'm still waiting for their reply but got the impression that they take time before they can offer you a position. So don't be too nervous :)

 

what exactly is attractive about working in bloomberg? From what i got from their info sessions, u spend about 3-4 years working at the help desk before you move on to sales and the sales you are doing is just selling their terminal packages. Sounds like a mediocre job to me. They paying really well?

 

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