October 25, 2019, Jersey City, NJ – Hudson County Community College (HCCC) marked the official opening of the College’s new Bloomberg Finance Lab with a ribbon-cutting ceremony on Wednesday, October 23, 2019 at 11:30 a.m. The event took place in the new Lab, which is located on the fourth floor of the College’s Culinary Conference Center at 161 Newkirk Street in Jersey City, NJ.
The event was hosted by HCCC President Dr. Chris Reber, who welcomed Bloomberg LP Account Manager, Dana Klarer; HCCC Executive Vice President and Provost, Dr. Eric Friedman; Associate Dean of Business, Culinary Arts and Hospitality Management, Paul Dillon; and HCCC students, faculty, and staff.
The HCCC Bloomberg Finance Lab is designed to provide students with real-world experience utilizing the same platform employed by the world’s leading banks, corporations, and government agencies. The Lab is outfitted with a terminal and computers like those found in major financial institutions on Wall Street and around the world. The Bloomberg for Education Terminal, for example, is a 24-hour, global, financial-services system that provides transparent and reliable financial, economic, and government information on all markets. The Terminal features more than 20 years of company financials, market data, charts, and statistics; as well as communication platforms, and current news reports.
“The Bloomberg Finance Lab gives our business students a tremendous edge,” Dr. Reber stated. “It exposes students pursuing Associate of Science degrees in Business Administration to a simulated – but very realistic – market environment, and provides them with the opportunity to attain the hands-on knowledge and real-world experience they will need to compete in today’s financial world.”
The Bloomberg Finance Lab was made possible by a grant from the Carl D. Perkins Vocational and Technical Education Act. The federal funding is awarded to the states and then allocated to secondary and post-secondary Career and Technical Education (CTE) programs.
The HCCC Associate in Science in Business Administration program prepares graduates for seamless transfers to baccalaureate degree programs in business-related fields. HCCC graduates are also qualified for entry-level administrative and management positions. The curriculum includes communication skills, accounting, economics, finance, marketing, and business management courses, and electives that prepare students for specialized and advanced coursework.