As a Finance student who strives to stay up-to-date with stocks and business news (usually between classes), I know how essential it is to find an app that offers this information in a timely fashion.
Keeping up with business news is fundamental for any business student’s success. If you want older generations (a.k.a. your future employers) to believe that your generation follows news other than Kim Kardashian’s latest engagement, prove your worth with your most powerful tool: knowledge.
The Bloomberg app offers a richness of business news and market updates with minimal effort. While there are many apps that offer similar benefits to the Bloomberg app, listed are 5 reasons why Bloomberg is best for business students going on business leaders:
1) It’s Free!
If you’re like most university students, you have a tight budget.
Why pay for Stock Watch, Stocks Live, Stock Pro or Portfolio Live when you can get the Bloomberg app that gives you stock updates with zero cost. As students, we tend to agree that everything is better when it’s free.
The table below shows Bloomberg’s rank in 4 major categories compared with its direct competitors (other free business/stock apps):
Ratings are available through the link below. They were placed on a 6-point scale for the purposes of comparison.
Bloomberg dominates overall.
It ranks 8% higher than CNBC, the runner-up. Let’s explore the importance of these categories to business students.
2) Strong business news quality
Let’s face it: millenials have a bad reputation in the business world. We’re stereotyped as lacking work ethic, being apathetic and over confident without substance. What better way to disprove these damaging stereotypes than to illustrate your extensive knowledge on business news? The Bloomberg app ranks highest in this category compared with its competitors.
3) Beneficial for future investors
The Bloomberg app allows you to create an updatable “watchlist” that allows you to track preselected stocks to watch the market change live. The app also gives you the ability to see these stocks in a snapshot to compare them.
4) Most valuable to the active trader
To minimize your risk as an active trader, developing better option investment strategies is crucial.
Compared with its direct competitors, Bloomberg ranks in the top two for its value to active traders. To meet your future portfolio objectives and become a smart investor, start understanding the impact that macroeconomic and microeconomic indicators have on stocks.
5) Easy to use (Time Saver)
Time is precious for every university student.
Bloomberg’s stock summaries make the app easy to follow. It provides a snapshot that allows users to see all of the information necessary for an investment decision without having to spend time searching through various features on the app.
Bloomberg offers quality, efficiency and cost effectiveness.
If you’re a business student looking to gain business knowledge to land a great job (or you at least want to look like you have that knowledge in an interview), download the Bloomberg app right now!