Bloomberg Terminal program launches in the College of Business

By Carlos Andres López ’10

Students at NMSU can now get a taste of Wall Street without having to leave Las Cruces, thanks to the new Bloomberg Terminal curriculum and certification program that launched at the start of the 2019-2020 academic year in the College of Business.

Bloomberg Terminal is a software platform that provides real-time and historical data, market-moving news and analytics to help leading business and financial professionals worldwide make better-informed investment decisions. The service also features execution platforms for every asset class, research and a global network to communicate securely and reliably. 

By bringing the Bloomberg Terminal curriculum to NMSU, students can now gain insight and understanding of financial markets, and learn how to assess economic scenarios and interpret critical news developments that impact the global economy. They’ll also have the opportunity to obtain a résumé-enhancing certification offered by Bloomberg Market Concepts.

Thurman Case

The program was made possible through financial gifts from Thurman Case ’80 ’81, chief financial officer and vice president of finance for the Austin, Texas-based Cirrus Logic, and the Santa Fe, New Mexico-based Thornburg Investment Management.

“As the largest investment manager in New Mexico, we are thrilled to partner with NMSU and Thurman Case to inspire and transform NMSU students into the next generation of leaders in business and finance,” says Jason Brady, president and CEO of Thornburg Investment Management.

“Giving NMSU students access to the Bloomberg Terminal curriculum and certification can cultivate the skills that will help prepare them for opportunities in the business world,” says Case, who received a bachelor’s degree in economics and a master’s degree in business administration from NMSU.

NMSU joins more than 950 universities worldwide that incorporate the Bloomberg Terminal into classwork. The program at NMSU is housed on the third floor of Business Complex and features nine Bloomberg Terminals. 

“You can’t get more real world than using the Bloomberg Terminal,” says Kenneth Martin, a Regents professor and finance department head. 

Martin is one of five faculty members from the department who are integrating the Bloomberg Terminal curriculum into courses. In summer 2019, Martin and two other finance professors, Harikumar Sankaran and Shofiqur Rahman, spent time at Thornburg Investment Management in Santa Fe, training on the terminals in preparation for the program launch.

In Martin’s financial information technology course, students are using the Bloomberg Terminals, along with electronic financial information resources with spreadsheet applications, to investigate and solve financial issues and problems.

“This course is required of all finance majors,” Martin says, “so every finance student will have the opportunity to work on the Bloomberg Terminal.”

Jason Brady

In fall 2019, the first group of NMSU students started completing the certification program offered by Bloomberg Market Concepts. After successfully finishing the program, students can add the certification to their résumés, becoming more marketable. 

“The Bloomberg Terminals are the coolest thing that I think I have used at this school,” says Austin Parkins, an undergraduate finance student who attends Sankaran’s fixed-income course in fall 2019. “After I put that I was certified on LinkedIn, I got a call within 24 hours from someone asking about it.”

Alex Ledgerwood, a graduate student in the MBA Program, uses the terminals in three of his classes in fall 2019. 

“In my international managerial finance class, taught by Dr. Maria DeBoyrie, we used Bloomberg to understand the exchange rates in currency. We can see it all in real time,” he says. 

“Continuing the program would help NMSU turn out graduates who are already versed in the most common trade platform in the world,” Ledgerwood says. “I can’t emphasize enough that this something huge for our Finance Department.”

Austin Parkins uses a Bloomberg Terminal in a fixed-income markets and securities course taught by finance professor Harikumar Sankaran.

Kenneth Martin, a Regents professor in the Department of Finance, works on a Bloomberg Terminal. Martin is one of five faculty members in the department who are integrating the Bloomberg Terminal curriculum into finance courses.

NMSU students (from left) Billy Nipp, Eric Aragon and Madison McNeile work on the new Bloomberg Terminal program.