{"id":14695,"date":"2021-10-22T12:43:01","date_gmt":"2021-10-22T16:43:01","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/"},"modified":"2024-08-16T08:34:00","modified_gmt":"2024-08-16T12:34:00","slug":"demystifying-the-world-of-finance-top-5-lessons-learned","status":"publish","type":"post","link":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/","title":{"rendered":"Demystifying the world of finance for underrepresented students"},"content":{"rendered":"
\n \n\t\n\t\n\t
\n\t\t\n\t\t\t
\n\t

\n \"Student\"Student\n
Student from Greenwood Project visits Bloomberg’s New York Office, Photo Credit: Greenwood Project<\/figcaption>\n<\/figure>\n
\n \n

Bringing transparency and demystifying the financial markets was at the heart of Bloomberg\u2019s mission when it was created 40 years ago. Today, our employees are working to make the world of finance more accessible and relatable to a new generation of leaders who have been traditionally underrepresented in our industry.\u00a0 From our work as a founding partner of the Girls <\/a>Who Invest <\/a>program to our recently launched CUNY Futures in Finance<\/a>, Bloomberg\u2019s Corporate Philanthropy program is committed to providing young people from diverse backgrounds with a look into the world of financial markets and careers in business, finance, and technology.<\/p>\n

This year, we expanded our Finance and Business training programs, welcoming three new non-profit partners (Youth About Business, Greenwood Project and SEO) to our summer finance program, and growing our programming with Girls Who Invest.\u00a0 Bloomberg employee volunteers designed and led training sessions for high school and college students focused on how to use the Bloomberg Professional Service, otherwise known as the Bloomberg Terminal. As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.<\/p>\n\n<\/div>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n

\n \n\t\n\t\n\t
\n\t\t\n\t\t\t
\n\t
\n\t
\n\t\t
\n\t\t\t

Make it happen here.<\/p>\n\t\t\t

<\/p>\n\t\t<\/div>\n\t\tSEARCH NOW<\/a>\n\t<\/div>\n<\/div>\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n

\n \n\t\n\t\n\t
\n\t\t\n\t\t\t
\n\t
\n \n

While sharing this glimpse into what careers in finance might look like, Bloomberg employees have learned a few things along the way:<\/p>\n

Gen Z is not intimidated by finance and business <\/strong><\/p>\n

Students are incredibly eager to learn about the world of business. Many are opting-in to programs like Girls Who Invest and Youth about Business to learn about careers in finance, but lack access to guidance from mentors with business backgrounds. Our new partner, Greenwood Project <\/a>works to introduce Black and Hispanic students to career pathways in the financial services industry. High school and college students apply for intensive summer training programs to learn about the financial services industry and hone their career development skills with corporate partners through internships and mentoring.<\/p>\n

\u201cThe students were very engaged, asked many questions, and seemed interested in learning more. They asked pointed questions not only about the functions themselves but also about their use case.\u201d —<\/em> Yascarlo Gonzalez, Bloomberg Analytics.<\/p>\n

\u201cMy experience was phenomenal with both Youth About Business and Girls Who Invest. I could see the impact on the students. They were excited to learn and some even reached out to let us know how their projects turned out afterward.\u201d<\/em> — Kristin Mascolo, Bloomberg Sales<\/p>\n

You don\u2019t have to \u201cdumb down\u201d finance when talking to students<\/strong><\/p>\n

This summer, more than 900 high school and college students from our four finance programs across the United States were offered free access to our Bloomberg Market Concepts<\/a> certification, a self-paced e-learning course that provides an interactive introduction to the financial markets. The young people in our programs may not have been knowledgeable with the acronyms and occasional jargon of the finance world, but with clear and deliberate communication, they participated in our interactive introduction to the financial markets. Learning about economic Indicators, equities, and portfolio management is a key part of SEO\u2019s<\/a> mission to close the opportunity gap for Black, Latinx, and Native American college students through professional skills training programs, mentorship, and internship placements.<\/p>\n

\u201cWhen we take the time to explain complicated financial terms and make them relatable, students tend to make them their own and become excited to contribute. Knowing how to use the Bloomberg Terminal feels like knowing a secret code language that can help people stand out in business, and students realize that very quickly,\u201d <\/em>\u00a0— Joy Lowenwirth, Bloomberg for Education’s Head of University Engagement for the Americas.<\/p>\n

Young people\u2019s enthusiasm and entrepreneurship are not to be underestimated<\/strong><\/p>\n

High school students from our partner Youth about Business<\/a> (YAB) were among 470 students from underserved communities who received free access to the Bloomberg Terminal this summer. As part of their annual business camp, students participate in training sessions on how to use the Bloomberg Terminal to analyze the markets and complete financial workflows with a curriculum created by Bloomberg employees. This training enables the students to produce\u00a0 simulated Merger & Acquisition transaction presentations with an aim to develop business literacy and leadership skills.<\/p>\n

\u201cI participated in the mock M&A for a high school summer camp, and my biggest takeaway was how smart and engaged these students were. For being in high school, they were very interested in Finance and learning, and it was a great experience to be able to help them and get a taste of what Bloomberg is doing outside of my personal day-to-day<\/em>.\u201d — Max Goshen, Bloomberg Analytics.<\/p>\n

\u201cLearning how to use a powerful tool like the Bloomberg terminal helps students flex their entrepreneurial muscles, analyze market trends in real-time and better understand how business decisions are made.\u201d <\/em>\u00a0— Sam Kirk, Executive Director, Youth About Business<\/p>\n

Mentoring and teaching create a deeper connection to your field<\/strong><\/p>\n

Teaching and mentoring helps to strengthen the lessons you have already learned. Employees in our Analytics department have found themselves more connected to their everyday work thanks to the lesson plans they create. By sharing their knowledge about the Bloomberg Terminal with young women in the Girls Who Invest<\/a> program, they are also supporting the organization\u2019s mission of bringing more women into the asset management industry.<\/p>\n

\u201cWe have access to such unique and powerful experiences at Bloomberg. It was great to see the young women from Girls Who Invest so engaged and ready to learn, it made what I learn at work have meaning in new ways,\u201dsaid Victoria Sanzo de la Vega, Bloomberg Analytics.<\/p>\n

\u201cAfter learning about the different asset classes during the Girls Who Invest Summer Intensive Program, accessing and using Bloomberg helped me solidify what I learned. I enjoyed learning about different shortcuts for functions and seeing all the data that can potentially be used in making financial decisions,\u201d said Ridha Mirza, Girls Who Invest scholar<\/p>\n

Leadership development opportunities come in different forms<\/strong><\/p>\n

Our skills-based volunteer programs provide Bloomberg employees with opportunities to develop leadership skills, gain new perspectives, and showcase their strengths by sharing them with students. Through stretch opportunities ranging from teaching hard skills such as Python coding to soft skills such as interview best practices, Bloomberg employees from all walks of life serve as role models for students from our more than 75 education partners around the world.<\/p>\n

\u201cI loved having the ability to help broaden the skill set of women in the finance industry. I think it was a unique opportunity to be able to give back and be a part of a philanthropic effort that you got to see the change in real-time. I felt I was able to make an impact.\u201d —<\/em> Molly Pontius, Bloomberg Sales<\/p>\n

\u201cAt Girls Who Invest, we prioritize making sure that our scholars are prepared to succeed in a real-world internship environment.\u00a0 Bloomberg has provided invaluable support in taking that preparation to the next level. By providing terminal training, our students become familiar with a resource that will help them throughout their internships and well beyond as they embark on their careers. The Bloomberg team goes above and beyond and also provides coaching and mentorship to our girls. It is a true partnership in every way.\u201d —<\/em> Katherine Colsher, CEO, Girls Who Invest.<\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.<\/p>\n","protected":false},"author":204,"featured_media":14697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2171,22],"tags":[73,57,48],"class_list":["post-14695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-culture","category-philanthropy","tag-listicle","tag-partnerships","tag-philanthropy"],"yoast_head":"\nDemystifying the world of finance for underrepresented students | Bloomberg LP<\/title>\n<meta name=\"description\" content=\"As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Demystifying the world of finance for underrepresented students | Bloomberg LP\" \/>\n<meta property=\"og:description\" content=\"As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/\" \/>\n<meta property=\"og:site_name\" content=\"Bloomberg L.P.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/bloomberglp\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-22T16:43:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-08-16T12:34:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"fgiacco\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@bloomberg\" \/>\n<meta name=\"twitter:site\" content=\"@bloomberg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"fgiacco\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/\",\"url\":\"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/\",\"name\":\"Demystifying the world of finance for underrepresented students | Bloomberg LP\",\"isPartOf\":{\"@id\":\"https:\/\/www.bloomberg.com\/company\/#website\"},\"datePublished\":\"2021-10-22T16:43:01+00:00\",\"dateModified\":\"2024-08-16T12:34:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.bloomberg.com\/company\/#\/schema\/person\/dd36f91a0095cb19f3a76a841e823947\"},\"description\":\"As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":\"1\",\"name\":\"Home\",\"item\":\"https:\/\/www.bloomberg.com\/company\/\"},{\"@type\":\"ListItem\",\"position\":\"2\",\"name\":\"Demystifying the world of finance for underrepresented students\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bloomberg.com\/company\/#website\",\"url\":\"https:\/\/www.bloomberg.com\/company\/\",\"name\":\"Bloomberg L.P.\",\"description\":\"Bloomberg L.P. is the leader in global business and financial information, enabling customers to make smarter, faster, more informed business decisions.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.bloomberg.com\/company\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.bloomberg.com\/company\/#\/schema\/person\/dd36f91a0095cb19f3a76a841e823947\",\"name\":\"Bloomberg L.P.\",\"url\":\"https:\/\/www.bloomberg.com\/company\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Demystifying the world of finance for underrepresented students | Bloomberg LP","description":"As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/","og_locale":"en_US","og_type":"article","og_title":"Demystifying the world of finance for underrepresented students | Bloomberg LP","og_description":"As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.","og_url":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/","og_site_name":"Bloomberg L.P.","article_publisher":"https:\/\/www.facebook.com\/bloomberglp\/","article_published_time":"2021-10-22T16:43:01+00:00","article_modified_time":"2024-08-16T12:34:00+00:00","og_image":[{"width":800,"height":600,"url":"https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg","type":"image\/jpeg"}],"author":"fgiacco","twitter_card":"summary_large_image","twitter_image":"https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg","twitter_creator":"@bloomberg","twitter_site":"@bloomberg","twitter_misc":{"Written by":"fgiacco","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/","url":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/","name":"Demystifying the world of finance for underrepresented students | Bloomberg LP","isPartOf":{"@id":"https:\/\/www.bloomberg.com\/company\/#website"},"datePublished":"2021-10-22T16:43:01+00:00","dateModified":"2024-08-16T12:34:00+00:00","author":{"@id":"https:\/\/www.bloomberg.com\/company\/#\/schema\/person\/dd36f91a0095cb19f3a76a841e823947"},"description":"As part of our summer finance program, students learned ways to explore market trends and the role of data and news analysis in financial decision making.","breadcrumb":{"@id":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.bloomberg.com\/company\/stories\/demystifying-the-world-of-finance-top-5-lessons-learned\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":"1","name":"Home","item":"https:\/\/www.bloomberg.com\/company\/"},{"@type":"ListItem","position":"2","name":"Demystifying the world of finance for underrepresented students"}]},{"@type":"WebSite","@id":"https:\/\/www.bloomberg.com\/company\/#website","url":"https:\/\/www.bloomberg.com\/company\/","name":"Bloomberg L.P.","description":"Bloomberg L.P. is the leader in global business and financial information, enabling customers to make smarter, faster, more informed business decisions.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bloomberg.com\/company\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.bloomberg.com\/company\/#\/schema\/person\/dd36f91a0095cb19f3a76a841e823947","name":"Bloomberg L.P.","url":"https:\/\/www.bloomberg.com\/company"}]}},"featured_image_rendered":"<img srcset='https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg 253w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg 300w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg 768w, https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg 800w' src='https:\/\/assets.bbhub.io\/image\/v1\/resize?width=auto&type=webp&url=https:\/\/assets.bbhub.io\/company\/sites\/51\/2021\/10\/Student-from-Greenwood-Project-visits-Bloombergs-New-York-Office-Photo-Credit-Greenwood-Project.jpg' alt='Student from Greenwood Project visits Bloomberg's New York Office Photo Credit Greenwood Project' \/>","category_info":{"name":"Our Culture","blog_landing_name":"Our Culture"},"_links":{"self":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/posts\/14695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/users\/204"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/comments?post=14695"}],"version-history":[{"count":7,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/posts\/14695\/revisions"}],"predecessor-version":[{"id":35520,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/posts\/14695\/revisions\/35520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/media\/14697"}],"wp:attachment":[{"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/media?parent=14695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/categories?post=14695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloomberg.com\/company\/wp-json\/wp\/v2\/tags?post=14695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}