Finance is much more beyond the usual compliances and reading of financial statements. Deciphering the financial data coupled with relevant information to generate excellent rewards is a common ask from a finance professional. To prepare the students to surpass the expectations of the industry, they are exposed to the real time markets apart from the exemplary studies and the basic constructs.
The finance lab at Symbiosis Institute of Business Management, Hyderabad provides an excellent platform for experiential learning. To complement their exemplary learning, the students are exposed to the global markets in real time. Working on live streaming markets aids the learning in a real time set up. The bloomberg finance lab is equipped with Bloomberg terminals to provide the live global data.
Bloomberg is a global financial and business news leader, that produces more than 5000 stories a day from 146 news bureaus in 72 countries. It also provides real-time financial data, news feed, messages and also facilitates the placement of financial transactions.
Bloomberg terminal is prominently used for the following purposes:
To navigate the platform and view the market moving data (of various countries using Key Bloomberg words)
To screen stocks, bonds to have an idea of a company’s profile.
To construct a portfolio and analyse its performance.
To work on the data provided by Bloomberg in excel format.
Bloomberg terminals prove to be a valuable tool for all the students pursuing management program. It provides the global macro and the micro economic data useful in decision making. While these terminals are predominantly used in the field of finance. It helps to complete modern financial workflows by using various modules of Bloomberg Terminal, such as Analysing the Market, Exploring the Equity Market, Discovering the Fixed Income Market, Understanding Economic Indicators coupled with Derivatives, Global Currency Market and Building an Equity Portfolio.
It helps students perform technical and fundamental analysis on the stock market. In technical analysis it provides advanced tools ensuring accuracy in the analysis with provision to back test the strategies. It provides easily accessible financial data for any company when it comes to performing fundamental analysis, thus simplifying valuation of any company. Bloomberg provides detailed data for a deep understanding of the company in respect to its financial aspect or any other external factor impacting the business or the stock market as a whole.
As a part of the program offerings, students are provided certification for their proficiency in using the terminals for analysis, called as BMC. As a part of peer learning the designated students who are the Bloomberg champions provide Bloomberg learning sessions to their peers from the field of Marketing, Operations and Human Resource. These sessions create awareness on the uses and application of the tools and the techniques involved in collection and the analyses the data for various assignments and projects. The learnings from these sessions provide glimpse of the real-life financial world enabling them to think and have ideas regarding the steps for the future, which helps them grow and prepare professionally.