Bloomberg Guide: Bloomberg Market Concepts

Bloomberg Market Concepts (BMC) is an 8-10 hour self-paced e-learning course that provides a visual introduction to the financial markets. BMC consists of 4 modules – Economic Indicators, Currencies, Fixed Income and Equities – woven together from Bloomberg data, news, analytics and television.

More information on the course modules and learning outcomes is available at BCER <GO> on the terminal.

Once you are in the BMC section you can Log in. Select Log In with SSO:

On the first access, you will be asked to Sign up. Choose to continue as a Learner; you will be prompted to a new page:

Hit Launch course: the default browser will open  to your account on the Bloomberg Education portal, where you can start the 4 modules. After the first time, the Log In with SSO option will directly lead you to the Launch course page. On the browser, please select Certificates and then Bloomberg Market Concepts:

By clicking on BMC on the top menu you will access the Bloomberg Market Concepts page, where you can work through the different modules and check your progress. You can pause and resume the module whenever you want.

To earn the certificate only the 4 modules with the certificate icon are required.

The Bloomberg Market Concepts page also includes other modules that you are free to complete but that are not required for receiving the BMC certificate.

Certificate of Completion

After completing all four modules you will receive a Certificate of Completion that you can include in your resume or share in your social media.

What is the commitment?

It takes approximately 8-10 hours to complete all 4 modules.

I know nothing about finance – is the course for me?

Yes. BMC is an introduction to finance course designed for people with limited prior exposure to the financial markets.

Do I need a calculator to complete the course?

Yes. A basic calculator or phone calculator is sufficient.

How long is my BMC access valid for?

Access is valid for 12 months from the registration date.

Do I get a certificate after completing each module?

You have to complete all 4 modules in order to be awarded a certificate of completion.

When do I get the certificate?

If you log in to the BMC, your certificate will be downloadable from the course home page as soon as you have completed all four modules.

Economic Indicators

• Discover the regiment upon which economic indicators are published and analyzed.
• Identify how investors use economic indicators to gauge the health of the economy.
• Explain the qualities of good economic indicators.
• Explore how economic indicators can be used to spot inflection points.

Currencies

• Explore the history and mechanics of currency markets.
• Identify the three main drivers of currency valuation.
• Discover the role of central banks in guarding against inflation and deflation.
• Demonstrate how investors and businesses are affected by currency markets and how they manage currency risk.

Fixed Income

• Discover how the bond market became the biggest, most complex market in the world and how it serves a vital public service.
• Describe how yields facilitate comparison across the vast diversity of the bond market.
• Describe how government bond yields are a yardstick by which all other investments are measured.
• Describe how bond markets instill discipline in governments around the world.
• Discover why, when, and how central banks make interest rate decisions.
• Explore how bond valuation is driven by credit worthiness, inflation, and central bank interest rates.
• Describe the importance of the yield curve to businesses and consumers around the world.
• Interpret the meaning of the four major shifts in the yield curve and the meaning of curve inversion.

Equities

• Calculate equity index performance from the performance of single stocks.
• Explore the nature and allure of equity ownership.Identify why equities are more volatile than bonds.
• Describe how industry and supply chain analysis is foundational to equity research.
• Discover how the use of accurate industry drivers facilitates accurate earnings forecasts.
• Describe the five-step absolute valuation process and the attendant pitfalls.
• Identify the three types of relative valuation and the role of future earnings growth when assessing fair value.