What is it like to work at sales and analytics at Bloomberg?

Working in Sales and Analytics at Bloomberg can be a complex and varied experience, as highlighted by several sources.

Pros

• Professional Development: Bloomberg invests heavily in the development of its employees. There are extensive training programs, especially for fresh graduates, which include a month of training on financial markets and the Bloomberg Terminal. Additionally, there are daily mini-webinars and opportunities to attend conferences, which are valuable for learning and networking12.

• Work-Life Balance: Many employees praise Bloomberg for its good work-life balance, particularly in the Sales department. Unlike the Analytics role, which can be highly demanding and micromanaged, Sales roles offer more flexibility in managing one's time12.

• Benefits and Perks: Bloomberg is known for its generous benefits, including health care, pension contributions, free snacks, and other perks. These benefits are often highlighted as positive aspects of working at the company12.

• Exposure and Learning: Working in Sales and Analytics at Bloomberg provides exposure to influential financial institutions and a dynamic environment where one can learn a lot about market knowledge and financial analytics12.

Cons

• Micromanagement: A common complaint across various reviews is the high level of micromanagement, especially in the Analytics department. Employees often feel that their time is overly managed, and there is a lack of trust in their ability to handle their responsibilities12.

• Toxic Culture and Bureaucracy: Some employees describe the culture as toxic, with a bureaucratic environment that can be slow to adapt and make decisions. This can lead to frustration, especially when simple tasks require extensive approval processes and multiple meetings2.

• Career Growth and Mobility: There are concerns about career growth and mobility within the company. Some employees feel that it is difficult to move between departments, and the lack of a clear structure for internal moves can be stressful. Additionally, career advancement may be limited, and skills learned at Bloomberg may not be fully transferable to other companies12.

• Turnover and Management Issues: High employee turnover, particularly in the 0-3 year range, is a notable issue. Management practices, including favoritism and the promotion of friends rather than based on merit, are also criticized2.

• Salary and Compensation: While salaries are generally good, especially for fresh graduates, there is a perception that the potential for high six-figure earnings is limited compared to other financial institutions like banks and hedge funds12.

Departmental Differences

• Analytics: Working in Analytics, particularly as a customer service representative, can be highly stressful due to constant client interactions and micromanagement. The work is often grueling, and it can be difficult to leave the desk even for short breaks1.

• Sales: In contrast, Sales roles offer more flexibility and autonomy. As an Account Manager, one is responsible for driving sales and maintaining client relationships, which allows for better time management and a more balanced work life1.

In summary, working in Sales and Analytics at Bloomberg can offer valuable learning opportunities, good benefits, and a dynamic work environment. However, it also comes with challenges such as micromanagement, bureaucratic processes, and limited career growth opportunities. The experience can vary significantly depending on the department and individual roles.