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Bloomberg: Getting Started

Where is the Bloomberg?

Bloomberg terminals are located in the Wall Street Trading Room Annex (Mandeville 294).  

A Bloomberg terminal is located on the first floor of Drexel Library, near the main service desk.

The Bloomberg terminals are unavailable until further notice.  There is no remote access.

Bloomberg is now offering FREE access to BMC, Bloomberg’s certification program, via the web, in lieu of a terminal connection. The fee for web access to this program is normally $149 US but is now being waived for academic customers. 

What is Bloomberg?

Bloomberg has data on more than 5 million bonds, equities, commodities, currencies & funds. It covers most every publicly traded company in the world, and has profiles on more than a million people.

Navigation in Bloomberg is different from most other databases you use.  Bloomberg is a decentralized command driven system.  The commands are represented by codes.  These codes tell Bloomberg the function you would like the database to perform or the type of information you want on a security or a market for example.

Being a decentralized database, there are three things to keep in mind:

Decentralized Bloomberg

 

  • Hierarchical nature of information, but not "main" menu.
 
  • Each market is its own "silo."
 
  • With use of a command, you can jump from silo to silo.


With more than 25,000 codes, the key to becoming an expert Bloomberg user is to

  • Memorize the codes you use most often and
  • Know how to get help in Bloomberg to find new codes.

It may seem awkward at first, but as you use Bloomberg more and memorize some of the codes, you will find that it is a time saver.

Bloombert Syntax

Learning how to put a command together in Bloomberg is similar to learning another language.  The example below provides the basic structure of a command.

HELP

Bloomberg help is available via email.

Hit the green < HELP > key twice and a window will open with an option to type in your question and send it to a Bloomberg support specialist.

Create an Account

Step 1 Press < GO > without entering a username or password. Select the option to create an account.
Step 2 Provide your cell phone number so they can text you a code to start the process.
Step 3 Follow the prompts on screen to create your account. This account will work on all of the Bloombergs on campus..

TO LOG-OUT:

Step 1: Press the red < CONN/DFLT > key in the upper right hand of the keyboard.

News

Bloomberg's News Feed is a popular feature.

N < GO > - to get to the main news screen. From here you can specify what kind of news items you want to view.


READ < GO > - to view the most popular news stories on Bloomberg.

CN - to view company news. For example JNJ < EQUITY > CN < GO >

Click on the headline to view a story.

You can also email or download the stories.

Functions of interest

N updated news from around the world update, filtered by topic, language, and date ECO  find upcoming and past economic releases  
JOBS to view job listings WECO   for world economic releases
MSG the Bloomberg message system BTMM   for key rates
HDSK to retrieve Help desk messages WEI world economic indices lists the benchmark  indices by   geography
NIM for new issues IBQ for industry analysis
MA mergers & acquisitions search BDRG pharmaceutical industry information
EVTS events calendar EASY for quick start tips
EQS equity screening LEAG league tables
SRCH bond search BLAW Bloomberg Law
GLCO global commodity prices & data FXGN foreign exchange