The Bloomberg Terminal (aka Bloomberg Professional Services) connects finance professionals to a dynamic network of information, people, and ideas. At the core of this network is the ability to deliver real-time data to finance professionals around the world.
The main value added services provided by Bloomberg Terminal are:
Data
News
Analytics
These services are provided through innovative, proprietary technology, that quickly and accurately provides financial information to individuals and across enterprises around the world.
Financial analysts around the world use Bloomberg and the terminal to perform their financial analysis and financial modelingWhat is Financial ModelingFinancial modeling is performed in Excel to forecast a company's financial performance. Overview of what is financial modeling, how & why to build a model. A 3 statement model links income statement, balance sheet, and cash flow statement. More advanced types of financial models are built for valuation, plannnig, and.
Sales & TradingSales and Trading Career ProfileThe sales & trading division (S&T) of an investment bank helps mutual funds, hedge funds, pension funds, etc. facilitate equities transactions (buy/sell). A career in sales & trading can be extremely strenuous with a very fast paced environment. The competition for positions is intense, compensation can be very high, professionals use Bloomberg extensively to help them execute trades and orders.
Investment bankingInvestment Banking Career PathInvestment banking career guide - plan your IB career path. Learn about investment banking salaries, how to get hired, and what to do after a career in IB. The investment banking division (IBD) helps governments, corporations, and institutions raise capital and complete mergers and acquisitions (M&A). Analysts work 100 professionals use it to look for information on historical M&A transactions and other pertinent information used in their pitch books.
Equity researchEquity Research AnalystAn equity research analyst provides research coverage of public companies and distributes that research to clients. We cover analyst salary, job description analysts and associates use Bloomberg for preparing reports and conducting the coverage of public companies.
Alternative data providers
Alternative services used by corporate finance professionals include CapIQCapIQCapIQ (short for Capital IQ) is a market intelligence platform designed by Standard & Poor’s (S&P). The platform is widely used in many areas of corporate finance, including investment banking, equity research, asset management and more. The Capital IQ platform provides research, data, and analysis on private, public, Thomson Reuters, and Pitchbook to name a few. Each has their area of expertise, with Bloomberg being the leader in market data and trading, Capital IQ being the leader in transactions screening and investment banking tools, and Pitchbook being the leader in lower to middle market transactions and private deals.
More career resources
We hope this brief summary of Bloomberg Terminal has been helpful and believe some of our additional resources may also be valuable in advancing your corporate finance career. Our mission at CFI is to help you advance your career. With that goal in mind, we’ve created these valuable resources to help you along your path to becoming a world-class financial analyst.
Relevant resources from CFI include:
Interactive career mapMapInteractive Career Map - discover your career path in corporate finance. Learn which job is right for you: salary, personality, skills, certifications etc.
How to be a world-class financial analystThe Analyst Trifecta® GuideThe ultimate guide on how to be a world-class financial analyst. Do you want to be a world-class financial analyst? Are you looking to follow industry-leading best practices and stand out from the crowd? Our process, called The Analyst Trifecta® consists of analytics, presentation & soft skills
Financial modeling guideFree Financial Modeling GuideThis financial modeling guide covers Excel tips and best practices on assumptions, drivers, forecasting, linking the three statements, DCF analysis, Excel modeling and much more. Designed to be the best free modeling guide for analysts by using examples and step by step instructions. Investment banking, FP&A, research
Analysis of financial statementsAnalysis of Financial StatementsHow to perform Analysis of Financial Statements. This guide will teach you to perform financial statement analysis of the income statement, balance sheet, and cash flow statement including margins, ratios, growth, liquiditiy, leverage, rates of return and profitability. See examples and step-by-step instruction
Financial Analyst Certification
Become a certified Financial Modeling and Valuation Analyst (FMVA)®FMVA™ CertificationThe Financial Modeling & Valueation Analyst (FMVA)™ accreditation is a global standard for financial analysts that covers finance, accounting, financial modeling, valuation, budgeting, forecasting, presentations, and strategy. by completing CFI’s online financial modeling classes and training program!
