Bloomberg L.P.

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  1. 1 person found this helpful  

    Been here for 6 months and loving it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Applications Engineer in New York, NY
    Current Employee - Financial Applications Engineer in New York, NY

    I have been working at Bloomberg L.P. full-time (less than a year)

    Pros

    The company values the employees a lot. There are a lot of opportunities to learn and build your skills, be it in the finance sector or in the programming side. The management is very helpful and encourages the employees to learn. To give an example, those who join the company from a non-computer science background, are give 16 weeks of amazing training on Unix, C and C++.

    Cons

    The compensation is bellow average, specially for an insanely expensive city like NYC.

    Advice to ManagementAdvice

    Keep it going.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Smart people, haphazard growth.

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Team Leader in New York, NY
    Current Employee - Team Leader in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 8 years)

    Pros

    Smart people to work with. Less time spent in busywork and paperwork.

    Cons

    its entirely up to the employee to figure out a growth path.

    Recommends
    Positive Outlook
  3.  

    Great company, terrible politics and management in media group.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Producer in New York, NY
    Current Employee - Producer in New York, NY

    I have been working at Bloomberg L.P. full-time (more than a year)

    Pros

    smart people, great benefits, vibrant workplace. Potential to do game-changing work is there, if they could only get out of their own way.

    Cons

    very political, top managers in media operate fiefdoms like petty dictators. Leadership is clueless about how to do good TV.

    Advice to ManagementAdvice

    Take a closer look at talent in the building before hiring big guns from the outside. Mike bloomberg is passionate about developing talent, you should be too.

    Neutral Outlook
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  5. 3 people found this helpful  

    Great company, people. Caring company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Software Developer in New York, NY
    Current Employee - Software Developer in New York, NY

    I have been working at Bloomberg L.P. full-time (more than a year)

    Pros

    The culture is work-hard, play-hard, with much thought put toward philanthropy and the environment (these altruistic goals really come from the top-down); great snacks; great office/environment; a lot of smart people all across the board; convenient location; great connections throughout the city due to the CEO being a former mayor; lots of educational opportunities outside of field, such as financial training for R&D folks, technical training for business-folks; payment for further education; sports teams to play on. Great healthcare, great 50% match on 401k; generous pay-raises and bonuses. Awesome training program for fresh-out-of-college hires: 12 weeks long, fantastic instructors for advanced C++ and javascript (and a lot more), plus great networking opportunities. Really well run. The whole company works like clockwork, from facilities to help desk to sales to software to data warehouse. Quite impressive.

    Cons

    A lot of proprietary software development tools.
    A lot of customers don't like change; customers are paying a steep price, and thus often have a stronger say than they should.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Good company to start with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Software Developer in New York, NY
    Current Employee - Financial Software Developer in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 3 years)

    Pros

    Open door, and transparent policy, very intelligent and motivated people. ability to take ownership, be proactive. Awesome training program for the fresh students. Very generous benefit, great snack,and nice working environment.

    Cons

    Very aggressive culture, it might take a while to get use to. Could be very busy sometime and overtime is expected.

    Recommends
    Positive Outlook
    Approves of CEO
  7. 3 people found this helpful  

    A good company, but not great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer in New York, NY
    Current Employee - Senior Software Developer in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 8 years)

    Pros

    fancy office, food, beautiful fish tanks. great summer party.
    Sometimes you can work on interesting projects. For junior software engineer, this is a great place to start a career and great opportunity to learn.

    Cons

    career path is a problem. If is hard to advance, and you may wind up doing same stuff several years ago.

    Advice to ManagementAdvice

    Need to think how to give senior programmers more opportunities. How to retain best people.

    Recommends
    Neutral Outlook
    Approves of CEO
  8. 1 person found this helpful  

    satisfying

    • Comp & Benefits
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    Current Employee - Account Manager in New York, NY
    Current Employee - Account Manager in New York, NY

    I have been working at Bloomberg L.P. full-time (more than a year)

    Pros

    great work-life balance culture. Bloomberg offers very good benefits for employees.

    Cons

    career advancement depends very much on management

    Recommends
  9. 8 people found this helpful  

    Mediocre Internship Experience in Sales and Analytics

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Sales and Analytics Intern in New York, NY
    Former Intern - Sales and Analytics Intern in New York, NY

    I worked at Bloomberg L.P. as an intern (less than a year)

    Pros

    - Good work life balance (as others have mentioned: in at 8, out by 5)
    - Young office feel. The vast majority of the employees I interacted with were fresh out of college or only several years out. Accordingly, there was lots of energy and opportunities to make friends.
    - Very rigorous training program on the Bloomberg (opportunity to get some exposure to financial markets training for liberal arts majors)
    - Arguably decent entry-level pay although not comparable to actual finance jobs
    - Pantry

    Cons

    - Poor quality of hires as there are not very many incentives for talented individuals (not surprisingly, the firm has a very hard time recruiting at strong schools)
    - VERY political. The experience felt above all else like a crash course on brown nosing (this is quite possibly the only transferable skill you will acquire in your time at ADSK). Advancement and success did not seem to be primarily based on creativity, intelligence, or even sheer effort.
    - Poor long term career prospects and exit opportunities. You basically either advance in Analytics or move to Sales.
    - There is a feeling of constantly being surveilled. In this sense, employees are treated somewhat like children (cultivates a culture of fear to a certain extent).
    - ADSK job is rather mind numbing. It is generally perceived as a glorified help desk and you get very little respect from the finance community, i.e. your clients. Clients often berate ADSK employees for problems out of their control.
    - Not very intellectually stimulating tasks or peers. One head sales guy even went as far as to say that you don't need to be "smart" to do well at the firm during a presentation to all S&A interns.
    - Not very entrepreneurial on the sales side-- very little to no freedom in projects and client outreach (discourages engagement and commitment to the job).

    Advice to ManagementAdvice

    If the Sales and Analytics program is the talent pool you're drawing from in order to fill higher positions in the firm then you will need to step up your game. At the moment, it seems as though you are doing a very poor job of retaining top talent. Try to make the analytics program consist of more than just taking chats. Ideally, you would include a component that requires some actual analysis (as the job title suggests) in order to distinguish talented individuals from non talented ones. As an employee in the analytics program you are painfully aware that in 5-10 years time your role will likely be outsourced to computers.

    Doesn't Recommend
    Approves of CEO
  10. 5 people found this helpful  

    Great place to start a career in finance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales Representative in New York, NY
    Current Employee - Sales Representative in New York, NY

    I have been working at Bloomberg L.P. full-time (more than 8 years)

    Pros

    - Excellent finance training program
    - Amazing benefits
    - Advancement is based on merit, not time at company
    - Fun work environment
    - Job security

    Cons

    - Job security creates environment where employees do minimum to stay employed. Happens after being at the company for a number of years and reaching a desirable salary.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Data analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Global Data Analyst in Skillman, NJ
    Current Employee - Global Data Analyst in Skillman, NJ

    I have been working at Bloomberg L.P. full-time (more than a year)

    Pros

    Open environment that does allow you gain a lot of experience as a young professional. Some valuable experiences with some great mentors.

    Cons

    Need better opportunity for growth - things become stagnate after a year or so. It is difficult to transition in this position throughout this company due to your specific experience in data.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

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