Advertisement

Bloomberg Launches New Historically Black College Trading Challenge

Gaby M. Rojas

Bloomberg for Education and Bloomberg Human Resources put the finance knowledge of more than 60 students at Historically Black Colleges and Universities (HBCUs) to the test in a new environmental, social, governance (ESG) trading challenge event.

This event, called the Bloomberg and HBCU ESG Trading Challenge, is a virtual investment competition taking place entirely on the Bloomberg Terminal. Students from Clark Atlanta University, Howard University, Hampton University, Morehouse College, and Morgan State University were among the first group of students to participate. Students invested $1 million virtual U.S. dollars across securities while receiving support from faculty advisors and training from Bloomberg employees.

The winner was decided based on the trade performance of each participant. Darren Stephens, a sophomore at Clark Atlanta University came out on top. “This was my first time interacting with the Bloomberg Terminal and the Bloomberg team did a great job teaching me how to navigate and complete analytical research on companies,” said Stephens. “I learned through this experience that investing requires you to take risks.”

This initiative stemmed from the annual Bloomberg Global Trading Challenge, Bloomberg’s flagship Terminal-based investment competition. The Bloomberg and HBCU ESG Trading Challenge is geared towards Black students in the US who are typically underrepresented in the finance industry. It was created to help HBCU students build marketable skills and knowledge needed to compete for finance jobs.

As part of their participation, students were among the first group of users to access the Bloomberg for Education ESG Certificate course focused on sustainable investing, an increasingly relevant area of finance. Upon completion of the course, students receive a certificate of completion that they can put on their resumes and LinkedIn profiles.

“Bloomberg for Education aims to better equip university students for the ever-changing financial world,” says Emily Perrucci, Bloomberg Global Head of User Support. “These interactive courses give students the opportunity to grow their working knowledge and familiarize themselves with the Bloomberg Terminal.”

Students who participate in the challenge also receive direct access to Bloomberg recruiters who provide professional development support around interviewing and resume creation.

The Bloomberg and HBCU ESG Trading Challenge is the latest addition to Bloomberg’s ever-growing relationship with HBCUs nationwide and represents Bloomberg’s commitment to nurturing a pipeline of diverse talent across financial services.

Advertisement

Advertisement

Advertisement

Latest Stories...

NMSDC Economic Impact Report
Business Diversity

NMSDC Releases the 2023 Minority Businesses Economic Impact Report

MBE Magazine Staff — June 13, 2024

Money

Providing Economic Opportunities for All

MBE Magazine Staff — June 12, 2024

Gary Charles, a Black man in a plaid jacket and brown fedora.

The Voice of Racial Equality in Sports

Jeremy Reynolds — June 10, 2024

Black woman shakes hand with latino man.
Sales

Strategic Lead Acceleration

Hasan Ali — June 10, 2024

Four diverse college students smiling while walking down a hall
BCH AMEN Corner

How the new SAVE Student Loan Repayment Plan works for you!

Sidney T. Curry and Saundra Curry — June 7, 2024

Latino businesswoman in black jacket stands over a table looking to her right and smiling.
Strategies

Rekindle Your Place: How Women Can Overcome Gender Bias

Neeta Murthy — June 5, 2024

Photo of Excecutive Option CEO Mike Prado in a gray suit.
GameChangers

Continuing His Mission

Jeremy Reynolds — May 21, 2024

The Equity Honors logo
Business Diversity

NMSDC Recognizes 2024 Equity Honors RecipientsĀ 

MBE Magazine Staff — May 21, 2024

Advertisement