no career progression - Global Data Analyst Bloomberg Employee Review

1.0
Dec 7, 2017
Recommend
CEO approval
Business outlook

Pros

Michael Bloomberg is a great leader and he sets the mission of his company to give back to the community through vast charity and research investments. For that reason alone I respect Bloomberg and was happy to don their name on my resume. However good the forefront of the company is, senior management allowed global data as a department to rot in human capital management. Let this review serve as a warning for those of you who do not wish to be in the same shoes i was in.

Cons

First of all, this job is 90% data entry, 5% data sourcing (googling financial statements) and 5% of various other things such as loading Pdf files into the system or looking into formulas that calculate financial statements in a software to check for errors. Your core responsibilities will be clicking on a number in a PDF and then clicking on a field in a grid that corresponds to the label next to the number. You do this until you go through a 200 page financial report. You are assessed by how many of such data points are captured by you. Sounds dull? It gets worse. The software you are expected to work with is slow and bugged, the formulas to calculate the financial statements are written and maintained by people who have no real accounting knowledge, aka you in 5 years). Expect things to not make sense and financial statements to not calculate properly. You will most likely edit the formulas to make it work but compromising it by adding extra complexity and stepping away from accounting principles. Now about the people. The management of global data could ve summarized as incompetent and unknowledgable. These are in 90% people who have been working their entire career in global data or as bank tellers/hair dressers etc., or with poor prior career choices like ex auditors from the big4. Some of them are good leaders but those are rare and often leave when they can. leadership has zero interest in solving problems with you, or educating you or providing any form of development. Staying a year and leaving is the best thing you can do. Work can be interesting - go get what you deserve.

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Pros

Free food, good salary, incredible Pro Bono opportunities

Cons

Lack of flexibility around RTO policy

5.0
May 31, 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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