Possessive company with little to offer - Sales Bloomberg Employee Review

1.0
31 Oct 2013
Recommend
CEO approval
Business outlook

Pros

Not many, if you're starting out they will train you on finance basics and you can do a qualification later on such as the CFA. (Which you pay for yourself and if you pass your exams you will be refunded).

Cons

1. Personality cult - Mike Bloomberg is a demi-god in there.. Doctoroff, present CEO tries to steer the company the same way MB did. 2. No need for your input - just do your job. All decisions are centralized and structure is anything but flat. 3. Every now and then the management falls into panic mode, typically because sales figures etc are sliding. This results in pointless call campaigns and a lot of effort going into justifying every single thing you do. (to prove you're generating value) 4. If you're thinking about their grad scheme - the "Sales and Analytics" programme - don't do it. For the next 1.5-2 years you will be stuck in a Bloomberg helpdesk taking 4-8 questions at the same time. These can be anything from pointing a client to a button to answering a pricing question. I've seen 50% of a graduate intake QUIT in the middle of the training! NEVER, EVER have I seen this at any other company. 5. Company is split 50/50 between juniors and dinosaurs, you either join and leave quickly or you stay for ages.. Very few people have spent 3-5 years there. Most of them bail within 2 years or you stay for 10, 15 or 25. 6. Work is minimum 10h per day for ALL employees. If you're in sales like I was you will do more frequently. Pay does not match proper financial companies so effectively you do not get compensated for that. 7. Few manage to jump into a decent bank or financial institution. Look this up on LinkedIn yourself: most of ex-Bloomberg staff end up with other vendors (such as Thomson Reuters) or go into never-heard-of small brokerages. 8. All work at Bloomberg revolves around one product - the terminal. All side products are based on the presence of the terminal. This means the company does not need YOU, it needs you to do your work so the product can get better. There is little point in investing a lot in their staff.

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1 June 2026
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Pros

Free food, good salary, incredible Pro Bono opportunities

Cons

Lack of flexibility around RTO policy

5.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

Only a five-hour-per-week time commitment, which is very manageable with my class schedule. Bloomberg provides ideas for challenges and activities to host at my school, so I would not have to come up with everything from scratch. There is flexibility to choose when I table and to tailor the role around my schedule.

Cons

The budget for the program is tight, which is frustrating because advertising to law students is exactly how Bloomberg Law builds a dedicated user base. In my opinion, whoever makes the budget is not seeing the bigger vision. A lot of attorneys may not like Bloomberg Law, use it regularly, or ask their firms to purchase a subscription simply because they were never meaningfully exposed to it in law school. This is exactly why Lexis has taken over in such a big way: its presence and budget are felt at law schools across the country. If Bloomberg wants future attorneys to become loyal users, it needs to invest more seriously in reaching students while they are still learning which legal research platforms they prefer.

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