Sales and Analytics - Financial Sales and Analytics Bloomberg Employee Review

2.0
11 Dec 2016
Recommend
CEO approval
Business outlook

Pros

Generally nice people and some possibility of relocation. Free food and drinks. Depends on the department some practical training.

Cons

*This review only reflects ADSK (sales and analytics) I did not have much exposure to other Non-Core terminal departments. I would give 4 starts as a company but 1 star for the department. I joined Bloomberg after my graduate degree thinking/hoping I will be an analyst. However after I worked for nearly two years I can tell you that it is not an "analytics" -Most of us were hired to move to sales quickly and very focused on all interviews. BUT in reality, not many people move to sales as there is no demand. People usually wait 2 years or more to join and mean time stuck taking"tickets" -Long hours of doing the same thing. As mentioned, there are not much to analyze on a daily basis. All you doing is just looking up for functions or fixing excel sheet. Everything is monitored and made us feel bad taking a break or going to a bathroom. Those "Stats" are everything as most of the "team leaders" luck with management skills so that your performance is depend on that stats. If you help others it will not be good for your stats so team work is not great. Especially people with no real skills tend to focus on stats as they wont be able to do much else to show. -"Training" they provide is NOT a financial education. It is only for use of the terminal. You become "specialists" but most of them does not know basic knowledge of finance. I.e. first week of training they will explain what is bond and stock...(yes they actually did) then after few weeks of training you become "specialist". -Your future depends on the team you are assigned to. In this department, it is all about being liked by the management and have a good stats. NOT knowing real finance at all. If you get stuck with not good team or manager it is very challenging to move anywhere. -No transferable skills. The job is all about the terminal. This is one of the biggest issue. You will get stuck with this department. I have seen so many "analyst" (without any financial background) trying to find a job after couple of years but cannot get any. Knowing how to use the terminal is a good skill but without actual financial knowledge no one will hire you. Then this is the part that gets worse. Those people without skills cannot move to sales or find a new job so they stick around and become Team Leader without any people or management skills. -Very fast turnover. People who can leave do leave very fast. others stuck with ADSK will left doing the same job over and over. TL will put a lot of pressure on you to keep up the stats even though people are leaving because of them. The reason is very simple, their pay is based on the stats as well and their stats is basically our stats. So they want big bonus so they will use you as much as possible to achieve what they want. I would NOT recommend anyone for this potion to be honest. Yes, Bloomberg is a good name but when you look for a new job name will not get you a job but your ability. So little you can learn from this department and unreasonable amount of unnecessary stress it is very poor work experience. If you are thinking about joining, you should think well. If you have to take it then leave fast. Your market value will decrease rapidly.

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Cons

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Pros

Only a five-hour-per-week time commitment, which is very manageable with my class schedule. Bloomberg provides ideas for challenges and activities to host at my school, so I would not have to come up with everything from scratch. There is flexibility to choose when I table and to tailor the role around my schedule.

Cons

The budget for the program is tight, which is frustrating because advertising to law students is exactly how Bloomberg Law builds a dedicated user base. In my opinion, whoever makes the budget is not seeing the bigger vision. A lot of attorneys may not like Bloomberg Law, use it regularly, or ask their firms to purchase a subscription simply because they were never meaningfully exposed to it in law school. This is exactly why Lexis has taken over in such a big way: its presence and budget are felt at law schools across the country. If Bloomberg wants future attorneys to become loyal users, it needs to invest more seriously in reaching students while they are still learning which legal research platforms they prefer.

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