First in the Baltics: KTU will open ‘Bloomberg’ Financial Markets Lab

This lab is the result of cooperation between world’s leading supplier of financial information ‘Bloomberg’ and KTU.

In the laboratory KTU students will have access to the information platform ‘Bloomberg Professional’, which is used by more than 320 thousand business leaders and financial professionals worldwide.

“The opening of this laboratory is a big step forward for the University to provide students with real, practical experience in their lectures. Here they will be able to experience the day to day business and financial market pulse”, – says rector of KTU Petras Baršauskas.

“Students learn from books, but the book does not reflect every hour a changing financial market and its processes. ‘Bloomberg Professional’ fills this gap. This is the real financial expert experience “, – says Karina Collis, Manager for Baltic states.

 Dean of KTU School of Economics and Business Edita Gimžauskienė says that the fall students will face tasks to be carried out on the ‘Bloomberg’ platform.

“Almost all business economics and finance disciplines, which are taught to make decisions will be based on this platform. Even in the engineering sciences student must be aware of what is happening in the financial markets and must be able to read the business press”, – says she.

According to professor Andrius Guzavičius (KTU School of Economics and Business), with competent and motivated teachers, the laboratory will undoubtedly increase the KTU research quality.

“It will be useful not only in the social sciences, economics, finance, accounting, business, but also in other fields, such as mathematics, pharmaceuticals, energy, students, – says A. Guzavičius.

KTU Shool of Economics and Business Financial Department Head Rytis Krušinskas highlights the benefits of this laboratory for the entire national economy.

“The ‘Bloomberg’ laboratory benefits will be felt by the business and government organizations. Students who will work with this platform, will acquire modern knowledge required for professionals in the market, while topical research scientists will receive world-class information, because public information sources sometimes are quite limited and difficult to find “- says the professor.

About the lab Bloomberg Financial Markets Lab

Project in Numbers:

• The total value of the project – 90 thousand. Eur. (For more detailed numbers does not reveal Bloomberg publicity Regulations);
• It is the only laboratory of its kind in Lithuania and the Baltic States and Poland;

Benefits:

• These laboratories have the best universities in the world, for example. Harvard University.
• Provide an opportunity for businesses and public sector organizations to adopt new workers who are ready to global economic challenges, and knows a lot of practical information what is happening in the market.
• To provide students with the opportunity to submit and track information about themselves in (obtained by ‘Bloomberg Institute’ evaluation test ‘Bloomberg Aptitude Test’) company’s ‘Talent Search Scheme’.
• Bloomberg Talent Search tool used by more than 20 thousand financial institutions managers from different countries, who are constantly looking for talented, well-finance of knowledgeable professionals.
• ‘Bloomberg Institute’ evaluation test ‘Bloomberg Aptitude Test’ in keeping students can see and assess their level of financial knowledge in areas such as investment banking, investment management, financial markets, the company’s financial reporting analysis, as well as to identify their strong and weak analytical thinking skill points, professional English language available knowledge and consideration of the financial situation and assessing competencies.