Campus Talk: Bloomberg Terminal at St Xavier’s College to train students in finance

Assistant Professor Ameya Patekar from Xavier’s Institute of Management and Research (XIMR), said, “The Bloomberg Terminal will benefit students across various departments, particularly those in economics, commerce, and management studies. It will enable them to conduct in-depth market research, analyse economic trends, and make data-driven decisions. The terminal’s robust analytics and trading capabilities will also offer practical experience, bridging the gap between theoretical knowledge and real-world application.”

Talking about what is unique in case of the Bloomberg Terminal at the St. Xavier’s College, Prof Patekar said, “Generally such lab access is available for students of management courses such as MBA or equivalent courses. But here at St. Xavier’s college, along with students from post-graduation management courses, undergraduate students and their faculty too will have this access to real-time financial data, analytics, and news.”

Dr. (Fr.) Conrad Pesso, Chairman XIMR, said, “This powerful tool, widely used by finance professionals globally, will provide Xavierites with a comprehensive understanding of global markets, equipping them with the skills necessary to excel in the financial industry.”

After the lab was inaugurated last week, training and orientation sessions have begun for faculty and students to familiarise them with the use of this sophisticated technology.

With activities like workshops, competitions, certifications and curriculum integration, the renowned city college intends to bring practical aspects to whatever is taught in classrooms by seeing how the theories and concepts are applied.

“We are providing the exposure and access to all. Now it is up to the students how much they want to explore this infinite source of knowledge,” said Prof Patekar.

The new addition to the college’s academic infrastructure is expected to provide its students an edge in placements as recruiters from the financial sector would value young individuals having knowledge of maximising the use of the terminal.

Principal of St. Xavier’s College, Dr. Rajendra Shinde, said, “Generally, we see graduates from BMS, BBA and BAF entering industry and then learning it and in turn, returning to classrooms for their MBA to hone their skills. But at St. Xavier’s college, graduates from these courses too will have working knowledge of the Bloomberg Terminal.”