Bloomberg Aptitude Test
| Company type | Skills assessment test |
|---|---|
| Industry | Education, Finance |
| Predecessor | Bloomberg Assessment Test |
| Founded | 2010 |
| Fate | Phased out |
Area served | 58 countries |
| Products | Skills assessment exam |
| Parent | Bloomberg Institute (educational branch of Bloomberg LP) |
The Bloomberg Aptitude Test (BAT) was a skills assessment created and distributed by the now-defunct Bloomberg Institute, which previously functioned as an educational branch of Bloomberg LP. Employers utilized this exam to measure candidates' competencies pertinent to careers in finance. The test was conducted at universities across 58 countries.
Originally launched as the Bloomberg Assessment Test, the exam was rebranded in 2013 as the Bloomberg Aptitude Test before eventually being phased out. Currently, Bloomberg provides a paid, self-directed e-learning program known as Bloomberg Market Concepts, which is accessible exclusively through a Bloomberg terminal.
Background and Scoring
Introduced in 2010 as a three-hour examination, the BAT was reduced to a two-hour format in 2013, featuring 100 multiple-choice questions. Scores were reported on a scale of 0 to 100, with an average score around 55, and included percentile rankings to assist in comparing candidates. The assessment encompassed eight distinct areas: News Analysis, Economics, Math Skills, Analytical Reasoning, Financial Statements Analysis, Investment Banking, Global Markets, and Chart and Graph Analysis.
Campus Proctoring
The BAT was offered solely on university campuses under the supervision of the Bloomberg Ambassador program. Participation in the test was complimentary and did not require any prior study or preparation.