Bloomberg Assessment Test Pre Course: 10 hours in 10 classes

(Free beta Version & Prep Guide)

Shivgan JoshiTo be Launched soon in Aug 2012 on Wiziq by the

author of stockcreditfinancecfa.blogspot.com

Content (10 hrs plan)

• Strategy to take Bloomberg Assessment test (1 hrs)• FRA/Corporate/Equity Valuations/Ratios (4 hrs)• Investment Banking (2 hrs)• Bloomberg terminal (1 hrs)• Bond/Fixed Income Market (2 hrs)• Economics revision / Federal Reserve (2 hrs)• Interpreting Market News (2 hrs)• Analytical Reasoning (1hrs)

Disclaimer

• Copyright of all questions belongs to Bloomberg

• This video is for non profit and research purpose

• Based on 3 file which are on BAT Website:• BAT_Demo.pdf• BAT_Presentation.pdf• SampleQuestions.pdf

Author

• Instructor has 70% score on BAT, in aprox top 90 percentile globally

• Cleared CFA L1, FRM L1 exams• Prior to this author has given classes on GRE

and GMAT

Class 1: Introduction to BAT

• 150 questions-3hrs-12sections• BAT vs CFA vs FRM vs GMAT vs CMT vs

Terminal• Exam has some part embedded from all• Easy exam for those who have flavor or all 4• All real areas covered• Excel at B Terminal

Class 2: Bloomberg Terminal

• Understanding what is it all about

• 3 tutorials are there:1. Bloomberg_Tutorial.pdf2. Bloombergfull.pdf3. Bloomberggetstarted.pdf

• Helping in understanding how their platform looks which we will be working on.

Class 3: Corporate Valuation (equity)

• Equity Valuations (CFA L2)• Trading Multiples• DCF: Free cash flows, and EBITS.• WACC • Private company valuation• Residual valuation

Class 4: Investment Banking M&A• Matrix questions of merger and acquisition • Synergy and re pricing• IPO for getting money, and effect of activity• Determination of final stock prices of the acquiring

company (price of the company once the deal goes through) in M&A

• Stock-exchange, debt, equity, and combined debt/equity payments in M&A

• EV multiples

• Investment Banking by J. ROSENBAUM J Wiley

Class 5: Fixed Income & Bond market

• Real terms in market based on news analysis• Many questions in this area

• More toward FRM as questions are tough• News

Class 6: Global Markets Sensitization

• Numerical• Low scoring area after accounting• UK / Japan / EU / Latin America

News Items

• General News interpretation and decisions• Bond News for PIGS / Japan / Fed impacts• News of recession in EU / UK• Looking into the past to recession (correlation)• Recession creates arbitrage opportunity to

earn money• Correlation between Bonds, Commodity(gold

and crude), S & P 500

Class 7: Economics

• CFA l1 and l2 included like currency also• Level 2 economics also in play• Currency / interest rates / inflation • Effect of Federal interest rates

Class 8: Financial Market

• Capital Markets is another where people score low accuracy

• Derivatives and Exotic financial instruments like CDS

Class 9: 30 Question Financial Market

• The longest area• Which one to do first and which one to do last

Class 10: Logical Reasoning questions CAT vs BAT

• New Section added in GMAT• Data arrangement • Table-Astra • Other questions with lots of Data on the

screen

CFA L1 vs BAT

• All topics of CFA L1 are important 1. Economics & FSA (imp)2. Fixed Income, Equity & Corporate Finance

(imp)3. Derivatives (less imp)4. Portfolio Management, AI, Quant (less imp)

• FRSA is lowest mean, means it is toughest

FRM L1 vs BAT

• Many questions del with rating agencies• Kind of most talked about thing: The rating

agencies • Predicting Volatilities

• Foundation or Risk• VAR (bonds and rating etc)

GMAT vs BAT

• RC• CR• Even the new section included which is

Analytical Reasoning

CMT (Chartered Market Technician)

• Exam Taken by MTA• Charts at Terminal • Bull vs Bear• Reversal • Support

CFA L2

• Equity and Corporate Finance• Financial Reporting Analysis• International economics • Cash flow calculations• Mistakes Improvements

Upcoming 6 Video in the Series

1. Economics2. FRA / Accounting3. Equity valuation & Corporate Finance4. Ratio5. Bloomberg Terminal6. Bonds in real markets

My Experience

• Analytical Questions• Modeling question

Conclusion

• Tried to link BAT with other Exams• Pointed out the difference and similarities

References for BT

• www.stern.nyu.edu/~adamodar/pdfiles/Bloombergfull.pdf