Mount Saint Mary Academy, at the cutting edge of providing young women with the top-notch resources for financial literacy and independence for nearly 110 years, announced that it will establish a Bloomberg Financial Markets Lab on campus in the fall.
According to Karen Calta, Assistant Directress for Academics and Faculty, Mount Saint Mary Academy will be the fifth school in the New York Metropolitan area and the first all-girls school in New Jersey to offer the Lab from Bloomberg, a leading global provider of data, information and technology.
“This opportunity puts Mount Saint Mary Academy at the forefront of economic and financial education on the high school level,” noted Mrs. Calta.
“Mostly available in colleges and universities, the Lab is currently available in only five local high schools in New Jersey and New York,” she said. “The Lab is integrated into the existing curriculum through Economics, Financial Literacy and Data Analysis, and provides our students with the opportunity to engage in online and off-line use of the trading platform.”
Beginning this September, four Bloomberg Terminals will be installed in a classroom inside the Academy’s main building. These Terminals are integrated software platforms that provide financial, trading and pricing data, news, messaging, and more to leading business and financial professionals around the world.
The Bloomberg Financial Markets Lab enables educational support throughout the year to our students enrolled in economics classes. Mount students would be eligible to earn Bloomberg Certification by taking the Bloomberg Market Concepts (BMC) course and may be able to apply for internships at companies which use the Terminals.
Bloomberg certification, which involves approximately 10 hours of training, would ensure that students learn how to use the Terminals and would demonstrate how they can explore information about any corporation, enable networking and financial professionals, and examine economic data to perform data analysis.
Kathleen Brennan, Mount Saint Mary Academy Director of Mathematics who spearheads the school’s successful economics and financial literacy program, stated, “The skills that will be learned by using the Bloomberg Terminals are critical regardless of whether our students opt for careers in finance. It is an essential part of the Mount’s mission to make sure that our graduates know how to manage their money and take control of their financial futures.”
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