The text below provides a full candidate recruitment, assessment and preparation guide and practice for those applying to jobs, internships and graduate programs at Bloomberg.
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If you are aiming to apply to Bloomberg or have a Bloomberg assessment test coming up, our text below is the best place to start.
Not sure if you should practice to prepare for the Bloomberg assessments? In a nationwide recruiter survey, Yello (2020) found that 51% of recruiters use interview scheduling software. A further 28% are considering the move.
Researchers at the University of Sussex Business School, in association with the Institute for Employment Studies, have warned that young jobseekers feel confused, dehumanised and exhausted by automated recruitment systems
In a nutshell:
How to prepare for the Bloomberg assessment process and tests to get the job?
You should practice answering questions that typically come up in interviews. Your answers need to flow and be timely. Avoid filler words. Your verbal communication should be convincing, filled with content that presents you in the best way for the job.
Prepare for your telephone interview by running mock interviews answering typical interview questions. For Bloomberg interview practice, use:
Our video interview practice platform contains predefined competency and industry questions and emulates experience you will have in platforms used for employers’ interviews (Hirevue, Pymetrics, Sonru). Always record your answers and watch them to develop your interview technique, timekeeping and words used. Repeat recordings until you feel satisfied.
Use the STAR method for your answers and practice each answer several times.
Bloomberg makes use of a variety of competitive exercises during the assessment center to find the right candidates. Ensure that you practice a variety of exercises including:
Hone your written and spoken communication technique. Research online, prepare and practice presentation of as many business case studies as possible. Be aware; not many get to this stage. The competition is very fierce.
Continue reading to get answers to these critical questions:
Looking into assessments with Bloomberg, simply use your fingertips or click in the table below to practice assessments relevant to your assessment process!
When you apply for Bloomberg, practice your online aptitude tests with us to improve your results and get scores above their threshold.
Bloomberg is a privately held financial software, data, and media company headquartered in New York City. They provide financial software tools such as an analytics and equity trading platform, data services, and news to financial companies and organisations via the Bloomberg Terminal: the main profit-driver of the company.
This part of the recruitment process is your first chance to set a good impression and stand out from your competition. The online form will ask you to provide details of your education and any academic results, work experience and may include some motivational questions, depending on the business area you apply to.
Apply as early as possible, as applications are often reviewed on a rolling basis. This way you increase your chances of progressing through to the next stage of the recruitment process.
It is very likely that this stage will also include some motivational questions, such as:
In answering motivational questions remember to be as precise as possible: refer to unique facts about Bloomberg that motivate you to work there, such as special awards, CSR projects, etc. When describing why you want to apply for this specific role, mention the core skills required for this position and how these match both your previous experiences and personal interests.
After you passed the online tests stage, you will be invited for Bloomberg’s first round interview. This is a chance for you to demonstrate your passions and skills that make you suitable for the role.
It will be competency based. Think about the projects you have previously worked on, in your professional experiences or education, and think about what your role was, what you achieved and how you approached any problems.
Tip #1: Your interview should last up to 30 minutes. Although it might seem long-winded, remember to refer to specific arguments following the S, T, A, R method: describe the particular situation, the task you were faced with, the action you took to resolve it, concluding with the result of your action/work.
Tip #2: Remember, it is important to talk about a variety of experiences so do not get hung up on one job you did in the past.
This interview can take the form of either a telephone interview or face-to-face interview. If you are expecting a telephone interview, practice answering questions with your friends over-the-phone and ask them for their feedback on your clarity of speech, loudness, tone, etc. Also, on the day of the interview, find a quiet space where you will not be interrupted.
Want to know what questions could come up in your interview? Graduates First can help with the Question Identifier Tool (QIT). The QIT tool is included in our Go Premium and Go Essential practice tests packages.
Tip #3: Prepare and write down a couple of projects or initiatives that you did exceptionally well in. The interviewer will be interested in understanding how you approached the problem, any analysis you did, the data gathered, insights and actions taken, results achieved and what your role was.
At the end of your interview you will be given a chance to ask questions. You must definitely use this opportunity! This is a way of showing that you are interested and motivated, so prepare some thought-provoking and interesting questions beforehand. You can also ask your interviewer about their career path.
You should prepare some ideas of examples that you can later use during your interview, and should base these on the most common types of interview questions.
The Bloomberg Assessment Centre will be a chance for you to network with professionals working at Bloomberg, and learn more about the company. It is the perfect time for you to get a better insight into what it is like to work at Bloomberg.
The exercises you might be expected to take are:
This exercise will examine your ability to work as part of a team. Throughout this task various Bloomberg employees will observe you on how you solve problems when required to work with others.
It is important that you are confident to share and argue for your ideas, but also be ready to contribute to somebody else’s input. Most importantly, speak clearly and do not interrupt anyone!
Try to persuade others towards your ideas and also ask critical thought-provoking questions, but only do so when it feels natural. You need to appreciate that other people on the team are just as important.
Learn more about Group Exercises
This task will ask you to prepare a response to a previously unseen case study problem. It will be provided in the candidate brief given to you.
Start by skimming through all the information in the candidate brief and then plan your response quickly. You should not be starting to answer before you form a clear idea for your response. Always check your spelling and watch the time – in many cases it might be better to miss one or two arguments in order to finish the task on time.
Learn more about Written Exercises
In this exercise you will be given around 20 minutes to work in a pair and analyse a set of information. You and your partner will then need to prepare your response. In the second part, your interviewer will play the role of a client and you will be representing Bloomberg. In this task, you will need to demonstrate your negotiation skills, teamwork and analytical thinking.
Learn more about Role Play Exercises
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