bloomberg assessment
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OURSELF
DISTINGUISH
BloombergAssessmentTHE
BOOSTAND
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OVERVIEW
A new, global, standardized assessmentmeasuring financial knowledge and a variety of skills and
abilitiesrelevanttotheworldofprofessionalfinance.
Tobetakenprimarilybyundergraduatestudents(preMBA)aroundtheworld,whowanttoapplyforaninternshiporentrylevelpositioninthefinancialservicesindustry.
VALUEPROPOSITION
EMPLOYERSTheBLOOMBERGASSESSMENTwillhelpemployersscreentheiroverwhelmingnumber
ofentrylevelapplicantsmoreefficiently,consistentlyandobjectively,andwillhelppromotefairness,
diversity and meritocracy. Employers will also beable to reach talented candidates outside their
traditional recruiting channels. The BLOOMBERG ASSESSMENT may help reduce overall recruiting
costs.
STUDENTSTheBLOOMBERGASSESSMENTwillhelpstudentsdemonstratetofinancialemployersthatthey are strong potential recruits, adding a powerfuldatapoint to theireducationaland personal
background.
UNIVERSITIESTheBLOOMBERGASSESSMENTwillhelpuniversitiesdemonstratethequalityoftheirstudents, assess/improve their own finance curriculum, and help facilitate student placement in
financialcareers.
TESTDESCRIPTION
Threehourcomputerbasedtest,administeredinpersonatpartneruniversitiesandBloomberg
officesaroundtheworld.
Approximately150multiplechoicequestions,includingBloombergscreens,chartsandfunctions,
emphasizingthereallife,practicalaspectofthetest.
Twosections:(i)Knowledge:willassessbasiceconomicandfinancialknowledge,and(ii)Skillsand
Abilities:math,verbal,ethicsandanalyticalreasoning.
AllquestionsandanswerswillbeinEnglish.
Studentswillberankedrelativetotheirpeers(e.g.,nonfinancestudentswillbecomparedtoother
nonfinancestudents)acrosseachcontentarea.
Employerswillhaveaccesstothedatabaseoftestresultsandparticipantsonananonymousbasis.
Identifiableinformationwillbeprovidedforafee,uponstudentpermission.
ThereiscurrentlynofeetotaketheBLOOMBERGASSESSMENT.
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MILESTONES
6,000+studentshaveregisteredfortheBLOOMBERGASSESSMENT
3,000+studentshavetakentheBLOOMBERGASSESSMENT
75+participatingcolleges/universitiesglobally
STARTTODAY!
ParticipatinginthebetaversionoftheBLOOMBERGASSESSMENToffersawidevarietyofimmediate
benefitstotheschoolanditsstudents.
StudentsgetasneakpeekattheBLOOMBERGASSESSMENTbeforeitofficiallylaunchesinQ22011
Studentsreceivevaluableinformationabouttheirstrengthsandweaknesses,relativetotheirpeersintheU.S.andaroundtheworld
Universitiesreceiveafreeassessmentreportthatcontainsimportantdataaboutstudentperformance,bothonawholeandinrelativeterms.Thesereportsindicateoverallandper
topicrankings(e.g.,financeknowledge78thpercentile,verbalskills83
rdpercentile)
UniversitiesjoinaprestigiousgroupofworldwideuniversityBLOOMBERGASSESSMENTpartnerswhoareactivelyinvolvedinhelpingtoguidetheBLOOMBERGASSESSMENTduringits
betaphase.Theseschoolsinclude:CornellUniversity,DukeUniversity,HongKongUniversityandtheUniversityofCambridge,tonameafew
Studentsgainimmediateaccesstoacuttingedgerecruitingtoolthatisalreadyavailabletosomeoftheworld'sleadingfinancialinstitutions
RegisterNOWthroughwww.bloomberginstitute.cominoneofthefollowingsessions:
Tuesday,March2909:00amto12:00pm Tuesday,March2910:00amto01:00pm Tuesday,March2901:00pmto004:00pm
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ImportantRegistrationTips:
1. Privacy:ifyoucheckthisbox=youDONTwantyourassessmentresultstobesharedwith
Bloombergoritsclients.
2. Testlocation:SelectAfrica,Egyptandoneofthebelowtimings/locations.Savethedate,time&placeoftheassessment!
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SAMPLESTUDENTREPORTRegistered users (e.g. employers, universities, etc.) may search the BLOOMBERG ASSESSMENT
databaseforcandidatesbasedonscoreperformanceandbasicdemographicdata.Asshowninthe
sample report below, a students profile is anonymous and scores are based on relative rankingswithinpeergroups.
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SAMPLESCHOOLREPORT(page1)Participatingcolleges/universitieswhosend their students through theBLOOMBERGASSESSMENT,
will receive a report summarizing the schools performance (individual student scores will not be
disclosed).Peerrankingsacrossgeographicregionsandareaofstudy(businessvsnonbusiness)will
alsobeprovided.
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SAMPLESCHOOLREPORT(page2)
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SAMPLEFINANCEQUESTIONS
ECONOMICS
FINANCIALSTATEMENTSREPORTING&ANALYSIS
VALUATION
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SAMPLEFINANCEQUESTIONS(cont.)
INVESTMENTBANKINGCORPFINANCE&FINANCIALADVISORY
INVESTMENTBANKINGCAPITALMARKETSISSUANCE/SYNDICATION
GLOBALMARKETS
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SAMPLEFINANCEQUESTIONS(cont.)
INVESTMENTMANAGEMENT
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SAMPLENONFINANCEQUESTIONS
VERBAL
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SAMPLENONFINANCEQUESTIONS(cont.)
MATHAmobilephonemanufacturerhasfixedcostsof$100,000permonth.Theperphoneproductioncost
istypically50%ofthemanufacturer'ssuggestedretailprice,whilephonesnormallysellfor$60aftera
discount of 25% off the manufacturer's suggested retail price. How many phones does the
manufacturerneedtosellpermonthtobreakeven?
(A) 1,000phones
(B) 2,000phones
(C) 5,000phones
(D) 10,000phones
ANALYTICALREASONINGThefollowingdiagramrepresentsvariouscategoriesofexperts:
1.AccordingtoabovediagramwhichofthefollowingstatementsisCORRECT?
(A)Allscientistswhoarehistoriansarealsomathematicians
(B)Therearesomemathematiciansthataremagicians
(C)Therearesomehistorianswhoarealsoeconomists
(D)Alleconomistsareeitherscientistsormathematicians
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SAMPLENONFINANCEQUESTIONS(cont.)
ETHICS
You are a recent graduate with a business and finance degree. Looking for a job you find an
opportunity to work for a small bank that provides short term loans. After some research you
discoverthatthemajorityofthecompanyscustomersareindividualswhoaregenerallyonweekly
wages and oftenhaveabad credit history.You alsodiscover thatmostof their short term loans
averageanAPRof2680%.Theseloansaredesignedfornolongerthan4weeksandhaveamaximum
amountof1000.Moreover,theinformationprovidedtoclientsabouttheseloanscharacterizethe
loansasaneasyandflexiblewaytobridgeshorttermfinancialshortfall,meanwhilefailingtoclearly
state the terms and conditions such as APR and other fees/penalties for late repayments. What
shouldyoudo?
(A) You take the job because you need to think about your own career and financial
commitments.
(B) Youtakethejobbecausecustomershavealltheinformationanditisnotillegaltoprovidesuchfinancialservices.
(C) Youdonottakethejobbecauseyoubelievethesepracticesareexploitativeandaformofloansharking.
(D) Youdonottakethejobandcallthefinancialauthoritiesbecauseyoubelievethesepracticesaresoharmfulthattheywarrantimmediateinvestigation.