VERMILLION, S.D. -- The average score of seven Beacom School of Business students at the University of South Dakota, who took the Bloomberg Assessment Test, exceeded the global average by dozens of percentage points according to recently released results.
The Bloomberg Assessment Test (BAT) is a global online exam developed by the Bloomberg Institute in partnership with premier financial institutions and university faculty around the world. By taking the BAT, it enables the students to showcase their skills to more than 20,000 potential employers who are conducting daily searches to identify and fill internships and entry-level positions.
Beacom School of Business students have been taking the Bloomberg Assessment Test since 2010. The BAT measures a student’s analytical, problem solving and math skills along with a student’s aptitude and skills to be successful in business. Over the past three years, Beacom School of Business students who took the BAT consistently bettered the global or regional average by fairly significant amounts, says Yewmun Yip, Ph.D., associate professor of finance.
“USD students’ performance in 2013 is at least 20 percentage points better than the global average in all eight categories, except Math Skills,” Yip adds. “Even in the case of Math Skills, USD students outscored the global average by 12 percentage points.”
In the Economics category, seven USD students averaged 75 percent compared to the global average of 45 percent. In Charts and Graphs, USD students averaged 74 percent and in Financial Statement Analysis 64 percent. USD students bettered the national average by nearly 30 percent in all three of those BAT categories. Other categories tested included Global Markets, Investment Banking, Analytical Reasoning and News Analysis. Overall, USD students averaged a 67 percent score compared to the global average of 43 percent.
This year, more than 30,650 students took the BAT prior to graduation, including nine USD students: Aaron Steele of Vermillion, Christopher Hubbs of Yankton, S.D., David Vander Grift of Sioux Falls, S.D., Erik Muckey of Corsica, S.D., Jill Guericke of White Lake, S.D., Kyle Kunde of Milbank, S.D., Leighann Van Wormer of Western Springs, Ill., Matt Westra of Rock Valley, Iowa, and Renee Grabow of Watertown, S.D. Only seven, though, requested that their results be included in the database available to potential employers.