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U-M Business School/Bloomberg Partnership Provides Competitive Adantage

1/20/2003 --

Thanks to a new partnership with Bloomberg L.P., the University of Michigan Business School is one of the first business schools in the world to offer an in-house Bloomberg Professional certification program to its students. The program, which has been adopted by many financial institutions and corporations worldwide, is designed to provide market professionals with the tools and resources to optimize their job performance.

"Michigan has long been a destination for business students with a career focus in the financial sector," says Robert J. Dolan, dean of the U-M Business School. "By forging close relationships with industry leaders like Bloomberg, Michigan students will continue to have a significant advantage as they enter the job market with unique and practical experience."

Bloomberg's exclusive certification program, which is now being offered during the Winter 2003 semester, requires students to take four seminars in required topics and one elective. To date, more than 300 students in all degree programs at the Business School, including BBAs, MBAs, Master of Accounting students and Ph.D. students, have signed up to become certified.

The U-M Business School/Bloomberg partnership will use the 14 Bloomberg financial terminals installed in the School's new John R. and Georgene M. Tozzi Electronic Business and Finance Center. These terminals are equipped with Bloomberg Professional financial software and data feeds. The size of Michigan's program, with its large concentration of Bloomberg terminals, is unmatched at any other school.

The Tozzi Center is a $3 million, state-of-the-art learning facility that has the look and feel of a trading floor environment. The 5,800-square-foot center includes a financial analysis and trading floor classroom, a flexible and wireless electronic classroom and an E-lab seminar room, equipped with live financial data feeds, information services and research and trading tools.

"The technology and resources available to students in the Tozzi Center, including networked workstations, an integrated teleconferencing system, dedicated feed for real-time information form global markets, and the latest financial services like Bloomberg Professional, rival the tools and resources of financial professionals, including investment managers, investment bankers, traders and many other financial positions," says Richard G. Sloan, professor of accounting and finance. "Students who have the opportunity to learn in this classroom will clearly have an advantage when they enter the business marketplace."

"Prospective employers will know that with this certification, students at the U-M Business School have the skills to succeed in these uncertain times," adds Dolan. "It is a great supplement to a degree from one of the nation's top business schools."

View the complete Special Report on the Tozzi Center.



For more information, contact:
Bernie DeGroat, 734.936.2150, bernied@umich.edu