Bloomberg Market Concepts (BMC): Certification for Students (and Their Professors)
10 Pages Posted: 1 May 2023 Last revised: 23 May 2023
Date Written: May 22, 2023
I show you how to use the Bloomberg Professional Service (i.e., the “Bloomberg Terminal”) to obtain Bloomberg Market Concepts (BMC) certification.
BMC certification is a self-paced e-learning interactive course that can be taken for free when sitting in front of the Bloomberg Terminal. It is run by the Bloomberg for Education group at Bloomberg LP. I explain the structure of the BMC certification process and I give advice for anyone attempting to gain this certification.
You can make BMC certification a formal requirement in your course or a strong recommendation. BMC certification can be followed up with the more specialized Bloomberg Environmental Social Governance (ESG) certification (as discussed in [Crack, 2023b]).
I argue that exploiting BMC and ESG certification for undergraduate students, graduate students, and academic faculty is part of a virtuous cycle that builds knowledge and skills that lead to a self-reinforcing increase in the use of the Bloomberg Terminal at your institution, justifying its funding and adding value to all involved (sponsors, administrators, academics, graduate students, and undergraduate students). Using well-constructed hands-on Bloomberg exercises (e.g., Crack, 2023a and Crack, 2023c for value investing and ESG investing, respectively) buttresses this virtuous cycle.
Keywords: Bloomberg Professional Service, Bloomberg Terminal, Bloomberg Market Concepts Certification, BMC Certification, ESG Certification, Sponsorship
JEL Classification: G11, G12, A22, A23
Suggested Citation: Suggested Citation