What it does: Bloomberg collects and processes business and financial information, news, and insights from across the globe and sells it mainly to news organizations that have subscribed, such as radio and television broadcasters, and newspapers, with non-subscribers able to access only a little of the available content.
Mission: Bloomberg has a mission to connect decision-makers in any part of the world to a responsive network of relevant and useful information, ideas, and people.
Size and presence: More than 2,300 editors and reporters in 72 countries. Bloomberg has 146 news bureaus worldwide. It has three headquarters; 731 Lexington Avenue, New York City, United States; London, United Kingdom; and Hong Kong.
Best known for: Top-notch capabilities in collecting business news, processing the information it gets and sharing the information and insights with its clientele.
The good bits: Employees get excellent exposure, training, and competitive salaries. Easy gaining of useful skills and experience for great future career prospects.
The not so good bits: Competitive environment from day one, which can be overwhelming for fresh graduates.
Michael Bloomberg and Matthew Winkler founded Bloomberg News with the name Bloomberg Business News in 1990 as a subsidiary of the larger Bloomberg L.P to deliver financial news to subscribers of the Bloomberg Terminal. At the time, it had a team of six employees.
After its founding, Bloomberg went about setting itself up to be compliant with various requirements in the news industry. In 1997, the Bloomberg Business News company changed its name to Bloomberg News.
Bloomberg has grown, made acquisitions, and made technological innovations. It has come up with various services delivering data, news, and analytics quickly and accurately to address the evolving needs of news consumers and its clientele in general.
Bloomberg has a challenging, surprising, fast-paced, and purposeful work culture. Your time at the company is never dull due to the global nature of the company, the work that you do, and a lively Bloomberg office culture.
“We work on purpose. Come find yours” is the guiding slogan for the Bloomberg employee recruitment and engagement strategies. Working at this company hones your talent in the finance industry. Bloomberg is proud of its openness, inclusivity, collaborative work environment, and providing a work environment in which people are inspired to be their best.
Bloomberg employees work hard, smartly, and always give their best to the company. In reciprocation, they get an enjoyable workplace, and mentorship, and gain useful skills and experience.
As a graduate, intern, or fresher at Bloomberg, you are warmly welcomed and receive adequate guidance about working at the company.
Freshers and students can gain entry into Bloomberg by searching for opportunities that are listed on the company website and applying for the ones that they qualify for. Opportunities at Bloomberg include internships, full-time positions for graduates, apprenticeships, and externships.
Bloomberg welcomes people from a wide range of fields of study. The company wants people that are passionate about financial markets, challenging the status quo, and solving complex problems.
Students that are interested in careers at Bloomberg and the financial industry should engage with the Bloomberg Academy to learn about the Bloomberg team and gain the knowledge and skills that they need for careers in the financial industry.
Freshers can engage with the Bloomberg Engineering Accelerator program for coaching and guidance on skills that they need for success in the corporate world.
The Bloomberg Launch and Bloomberg Launch CUNY programs prepare job candidates who are underrepresented in the financial industry for the interview process.
Other useful opportunities to engage and learn about Bloomberg and recruitment into the company are Discover Bloomberg, Women in Business Insight Week, Women in Tech Insights, and the First Year Insights Day programs.
Bloomberg values passionate multi-talented people that desire to work in the finance industry and make a global impact. If you prove your expertise and value to the company, you not only get hired but also get access to many useful career growth opportunities.
Career growth at Bloomberg is made possible by the company making your job to grow with you, building your skills, and helping you to build your network in various ways, through programs such as the Global Mobility program, Bloomberg University program, and the Bloomberg Communities program among others.
On average, Bloomberg employees earn an annual salary of INR 10.726 lakh. The highest salary in the company is INR 45.400 lakh, and the lowest salary is INR 2.87 lakh till date
Bloomberg has philanthropic activity across the world through Bloomberg Philanthropies. Another notable body is Bloomberg Associates which is a pro bono consultancy active in many cities around the world.
Bloomberg Philanthropies encompasses all philanthropic activities by the founder (Michael R. Bloomberg), the founder’s foundation, Bloomberg Associates, the Bloomberg corporate company, and personal philanthropy by employees. It has reached more than 900 cities in more than 170 countries around the world.
The various philanthropic efforts by Bloomberg aim to ensure better and longer lives for as many people as possible. Bloomberg Philanthropies focuses on the Arts, Environment, Education, Public Health, and Government Innovation.