Bloomberg for Education and CFA Institute Launch CFAPRO Database

Terminal function helps investment professionals connect theory to practice

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Jan 30, 2018, 09:15 ET

NEW YORK, Jan. 30, 2018 /PRNewswire/ -- Bloomberg for Education and CFA Institute today announced CFAPRO on the Bloomberg Terminal, a function that matches the Learning Outcome Statements of the CFA^® Program to Bloomberg data, news and analytics. Those with access to a Bloomberg Terminal can review the database by typing {CFAPRO<GO>}.

Interest in the CFA^® Program has increased 28 percent globally over the past five years, especially in mainland China, India, and Brazil, according to CFA Institute. To help address the demand and support candidate learning, Bloomberg for Education reviewed all Learning Outcome Statements (LOS) of the CFA® Program and identified 387 Bloomberg Terminal functions that map to the majority of the concepts. The result, CFAPRO, is a database that connects theory to practice.

"Bloomberg is a hub for the financial community, and we hope CFAPRO will help increase market literacy among aspiring and experienced finance professionals," said Rob Langrick, Bloomberg for Education Head. "This new technology on the Bloomberg Terminal should give students a solid leg up on the career ladder."

Stephen Horan CFA, CIPM, Managing Director of Credentialing at CFA Institute, said, "The CFA^® charter sets the standard for credentials in investment management, and is held by more than 150,000 professionals around the world. By joining forces with Bloomberg, a global leader in business information, we further our reach to a global community of future financial analysts dedicated to professional growth and upholding the highest standards of competence and ethics."

This partnership builds on existing efforts between Bloomberg and CFA Institute to cultivate the next generation of investment management professionals. Bloomberg Terminals currently power the work of 5,900 students worldwide participating in the CFA Institute Research Challenge. Students at over 1,100 universities are competing now to showcase their skills as financial analysts, all aiming to advance to competitions in Boston (March 19-20), Dublin (April 4-5), and Kuala Lumpur (April 25-26).

Bloomberg for Education helps universities, deans, and professors give students the experiential learning needed to compete for business and finance jobs. More than 800 universities worldwide have a Bloomberg Terminal or Bloomberg Finance Lab.

The CFA^® Program provides a foundation of advanced investment analysis and real-world portfolio management skills. Completing the CFA^® Program earns candidates the Chartered Financial Analyst^® (CFA) credential, and demonstrates mastery in a broad range of practical portfolio management and advanced investment analysis skills.

About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg's enterprise solutions build on the company's core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit Bloomberg.com/company or request a demo.

About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion of ethical behavior in investment markets and a respected source of knowledge in the global financial community. Our aim is to create an environment where investors' interests come first, markets function at their best, and economies grow. There are more than 150,000 CFA® charterholders worldwide in 165+ countries and territories. CFA Institute has eight offices worldwide and there are 149 local member societies. For more information, visit www.cfainstitute.org or follow us on Twitter at @CFAInstitute and on Facebook.com/CFAInstitute.

SOURCE Bloomberg