A recent gift from the Regions Foundation has allowed UT’s Haslam College of Business to purchase four additional Bloomberg terminals, a system that allows finance professionals to monitor and analyze real-time market data, and place trades.
The additions mean the college will have the second highest number of terminals among its Southeastern Conference peers.
“Bloomberg is considered the gold standard amongst financial databases,” said Laura Seery Cole, director of the Masters Investment Learning Center. “Practical experience with this software differentiates Haslam students in the job market when competing against candidates from other universities.”
The Haslam College of Business, which will now have sixteen terminals, is one of the few business schools in the nation to integrate Bloomberg training into its curriculum.
“Given the expense of each Bloomberg terminal, most competing universities only have a few,” said Cole. “With more terminals, we are able to train more business students—not just finance majors, but accounting, supply chain, and economics students, too. And we are now able to do so at a deeper level.”
A check presentation was held in the Masters Investment Learning Center on December 2 recognizing Regions’ contribution. Dean Steve Mangum thanked Mike McNamee, Regions’ area president for East Tennessee and North Carolina, along with Kevin Crateau, Regions’ vice president for marketing, and Bruce Duggins, a senior vice president at Regions.
“At Regions, we value the hard work, dedication, and personal drive that students at the University of Tennessee display when it comes to their education,” said McNamee. “This will open up a vast array of financial tools to hundreds of additional students in the Haslam College of Business every year.”
Regions is a longtime supporter of the college, but this is its largest donation to date. By contributing to the Masters Investment Learning Center, Regions hopes to help cultivate greater business acumen and economic growth in the area.
“We believe a solid education is the key to making good decisions and reaching your goals in life,” said McNamee. “Supporting the Haslam College of Business and the Masters Investment Learning Center not only helps the school become a more competitive institution, but helps its students become more competitive for the rest of their lives.”
The new Bloomberg software will be installed and available for student use in spring semester 2016.
For more information on UT’s Masters Investment Learning Center, visit tiny.utk.edu/MLVI.
For more information on the Regions Foundation visit www.regions.com/about_regions/community_affairs.rf.
Katie Bahr (865-974-3589, firstname.lastname@example.org)