How to Pass the Bloomberg Essentials Certification Exam
If you are in the Finance industry, you know how much of a tool the Bloomberg Terminal can be. Since I have gone through the certification process, I can save you time by helping you learn from my mistakes. I will not be providing you with the answers to the exam because of several reasons, the most dominating factor being that getting the answers will not help you become a better trader and it will not help you over the long run. This article will provide you will everything you need in order to pass.
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Before You Start: There are 4 videos that you must watch before you are eligible to take the exam. These videos serve as the guide you must study and comprehend before you take the exam. These videos are around 15 to 30 minutes long and packed with information you should know. It is important to note at this point, you are only able to take the exam once (or twice depending on your terminal) so it is essential that you concentrate on learning all of the material that is presented. After taking the exam and discussing with colleagues that have too gone through this, the most essential video in this whole process is the last and longest one. It explains the Bloomberg API system. This is a system that allows users to bring in data from The Bloomberg into Microsoft Excel. Most of the questions on my exam, and potentially yours will involve topics covered in this video. Pay attention to this one.
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Timing: After some research on the Internet, many of the official classes are done in a single session. If you can concentrate that long, I would highly recommend doing it that way. When you break it up, the information is not as fresh in your head. What ever you do, don’t let it go more than a week or two before you take your test or you will forget it. After you complete the 4 videos, there is a 30 question exam that can take anywhere from