Indonesia’s Leading University, Universitas Diponegoro opens first Bloomberg Finance Lab in Indonesia

Semarang – Universitas Diponegoro (Undip), one of Indonesia’s top universities, and Bloomberg, the global financial information and technology company, today announced the opening of the first Bloomberg Finance Lab in Indonesia. Prof. H. Mohamad Nasir, Ph.D, Ak, Minister of Research, Technology and Higher Education, Republic of Indonesia was the guest-of-honour at the official opening ceremony.

Universitas Diponegoro joins more than 800 universities worldwide with Bloomberg Terminals or Finance Labs. The new facility in the university’s school of business will have 12 Bloomberg Terminals for business and economics undergraduates and postgraduates.

“The Bloomberg Finance Lab will greatly enhance the skills and professional marketability of our undergraduate and graduate students in finance, accounting and business,” said Suharnomo, Dean of Faculty of Economics and Business, Universitas Diponegoro. “We are also looking to expand our international exchange programs with top business universities from around the world and believe the launch of the lab will help connect our students to global financial markets.”

“We are thrilled to partner with Undip and offer its students and professors access to the same market-moving news and data relied on by the world’s leading business and financial professionals,” said Maggie Ng, Head of ASEAN Sales, Bloomberg. “We hope that the training and coursework offered by the Bloomberg Finance Lab will advance the careers of hundreds of students in Indonesia, and build the next generation of financial professionals in one of ASEAN’s most dynamic centers.”

The Bloomberg Terminal is a software platform that provides real-time and historical data, market moving news and analytics to help leading business and financial professionals worldwide make better informed investment decisions. The service also features execution platforms for every asset class, research and a global network to communicate securely and reliably.

The Bloomberg Finance Lab will help undergraduate and graduate students build the skills needed for a career in finance. Students will also have access to Bloomberg Market Concepts (BMC), an e-learning certification course, and CFAPRO, a database that maps the CFA Institute Candidate Body of Knowledge to over 387 relevant Bloomberg Terminal functions.

Students of the undergraduate and master’s programs will receive training on the use of the Terminal, as well as courses on investment, risk and portfolio management. The lab will also be accessible to the university’s academic community to conduct research projects.

Since 1999, Bloomberg has been working with local banks, corporations and government agencies to advance Indonesia’s financial market infrastructure and enhance transparency and efficiency, through its data, news and analytics. In 2016, Bloomberg’s foreign exchange trading platform was integrated into Bank Indonesia’s real-time trade monitoring system SISMONTAVAR for seamless transaction and post-trade reporting. In 2017, Bloomberg launched a reverse repo analysis and trading platform to deepen Indonesia’s money market. Together with the Mutual Funds Association of Indonesia, Bloomberg has also been recognising top performing local funds with the APRDI-Bloomberg Indonesia Fund Awards since 2014. From 1 June 2018, Indonesian rupiah-denominated debt was included in the Bloomberg Global Aggregate Index (Index) for the first time.

###

About Universitas Diponegoro

Universitas Diponegoro (Diponegoro University, abbreviated as Undip) is one of the largest public universities in Semarang, Central Java, Indonesia. Founded in 1957, Undip is a pioneer of higher learning institutions in Indonesia and the first and oldest education corporation in Central Java. It is a member of IDGHE (the so-called Ivy League colleges) in Indonesia. Nationally, Undip is one of six best universities in the Ministry of Research, Technology and Higher Education’s 2017 ranking.

About Bloomberg

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company’s strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg’s enterprise solutions build on the company’s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit Bloomberg.com/company or request a demo.

Media contacts

Universitas Diponegoro: Firmansyah, +628122964639, firmansyah@live.undip.ac.id

Bloomberg: Grace Ngoh, +65 6231 3690, gngoh2@bloomberg.net