Ball State students who aim for a career in finance and related fields now can stand out in a tough job market due to a free Bloomberg Assessment Test.
Brought on campus by Ball State Miller College of Business and the Bloomberg Institute, the test provides college and recently graduated students with an access to a large pool of potential employers.
"More than 20,000 of our customers all over the world, including Bloomberg itself, search for prospective students using the BAT Talent Search database," said Jesus Diaz, director of University Marketing Operations for the Americas at the Bloomberg Institute.
Ball State introduced the test in October. Srinivasan Sundaram, professor of finance, said only 15 of 2,200 Miller College of Business students have taken the test so far. Sundaram said the department continues to provide the exam this semester and hopes to increase the number of volunteers up to 30 students.
"I would like to take this test, especially if it is free. But I haven't heard anything about it. Maybe they should make the marketing more aggressive so the news can reach a larger amount of students," Austin Parrish, sophomore accounting major, said.
James Mitchell, an associate director of the Career Center that launched a strategic partnership with the Miller College of Business in spring 2010, is also unaware about the aptitude test provided by its partner. However, he said that the application process is subjective in a lot of ways, so high scores on an assessment test don't ensure student a job.
Robert Vaught, a recent financial planning and investments graduate, said though he hadn't received an interview despite his high scores, the exam still benefited him in the long run.
"The BAT helped me to be ready for such qualification exams as the CAIA that are required for those who wants to work in financial sphere," Vaught said.
Mitchell said that he thinks the assessment test could be helpful for those who don't have lot of experience.
"Major banks and companies do not necessarily come to Midwest to hire students. From this point, it might be an useful tool for students to stand out," he said.
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