Bloomberg Assessment Test (Prep Guide & Comparison)

Shivgan Joshi http://stockcreditfinancecfa.blogspot.com

Content (10 hrs plan)

1. FRA/Corporate/Equity Valuations/Ratios (5 hrs) 2. Investment Banking (2 hrs) 3. Bloomberg terminal (2 hrs) 4. Bond/Fixed Income Market (2 hrs) 5. Economics revision / Federal Reserve (2 hrs) 6. Interpreting Market News (2 hrs)

Disclaimer
Copyright of all questions belongs to Bloomberg This video is for non profit and research purpose Based on 3 file which are on BAT Website: BAT_Demo.pdf BAT_Presentation.pdf SampleQuestions.pdf

Introduction
150questions-3hrs-12sections BAT vs CFA vs FRM vs GMAT vs CMT vs Terminal Exam has some part embedded from all Easy exam for those who have flavor or all 4 All real areas covered Excel at B Terminal

Bloomberg Terminal
Understanding what is it all about 3 tutorials are there: 1. Bloomberg_Tutorial.pdf 2. Bloombergfull.pdf 3. Bloomberggetstarted.pdf Helping in understanding how their platform looks which we will be working on.

Corporate Valuation (equity)

Equity Valuations (CFA L2) Multiples DCF: Free cash flows, and EBITS. WACC

Etc

Investment Banking
Matrix questions of merger and acquisition Synergy and re pricing IPO for getting money, and effect of activity Determination of final stock prices of the acquiring company (price of the company once the deal goes through) in M&A Stock-exchange, debt, equity, and combined debt/equity payments in M&A IPO session by Umesh Notes Investment Banking by J. ROSENBAUM J Wiley

Bond market questions

Real terms in market based on news analysis Many questions in this area

More toward FRM as questions are tough News

Global Markets
Numerical Low scoring area after accounting UK / Japan / EU / Latin America

Economics
CFA l1 and l2 included like currency also Level 2 economics also in play Currency / interest rates / inflation Effect of Federal interest rates

Financial Market
Capital Markets is another where people score low accuracy

News Items
General News interpretation and decisions Bond News for PIGS / Japan / Fed impacts News of recession in EU / UK Looking into the past to recession (correlation) Recession creates arbitrage opportunity to earn money Correlation between Bonds, Commodity(gold and crude), S & P 500

CFA L2
Equity and Corporate Finance Financial Reporting Analysis International economics Cash flow calculations Mistakes Improvements

CFA L1
All topics of CFA L1 are important 1. Economics & FSA (imp) 2. Fixed Income, Equity & Corporate Finance (imp) 3. Derivatives (less imp) 4. Portfolio Management, AI, Quant (less imp) FRSA is lowest mean, means it is toughest

FRM
Many questions del with rating agencies Kind of most talked about thing: The rating agencies Predicting Volatilities

Foundation or Risk VAR (bonds and rating etc)

GMAT
RC CR Even the new section included which is Analytical Reasoning

CMT (Chartered Market Technician)

Exam Taken by MTA Charts at Terminal Bull vs Bear Reversal Support

6 Video in the Series

1. 2. 3. 4. 5. 6. Economics FRA / Accounting Equity valuation & Corporate Finance Ratio Bloomberg Terminal Bonds in real markets

Logical Reasoning questions CAT

New Section added in GMAT Data arrangement Table-Astra Other questions with lots of Data on the screen

30 Question Financial Market

The longest area Which one to do first and which one to do last

My Experience
Analytical Questions Modeling question

Conclusion
Tried to link BAT with other Exams Pointed out the difference and similarities

References for BT
www.stern.nyu.edu/~adamodar/pdfiles/Bloo mbergfull.pdf