Good place to start, but difficult place to stay. - Financial Software Developer Bloomberg Employee Review

2.0
10 Sept 2010
Recommend
CEO approval
Business outlook

Pros

Pay and benefits top notch, bonus very good compared to a lot software jobs. The building is amazing. Snacks are ok (but they get you fat). Free entry into NY museums and cultural events. A lot of very smart people, and the work will definitely keep you busy. You get code into production fast compared to many software jobs, where the turn around on a project might be months to years. At Bloomberg projects many projects last weeks.

Cons

Technology is extremely proprietary. You're not working with open source technology, or even Microsoft tools. You're working with Bloomberg specific technologies, many of which date back to hacky solutions from the early 80s. A lot of the new stuff is poorly documented and in a constant state of flux. I often am jealous of my friends who get to work with more interesting technology, even though I'm better compensated. The management is a bit lacking. The structure is very loose (which can be a good thing), but sometimes things feel disorganized. They don't employ any software methodologies or process, so even though they use rapid development, projects are poorly organized and lack planning and testing. This also can make projects more stressful than they need to be.

Explore other reviews about Bloomberg

5.0
11 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great company, in this role you have the chance to learn about the financial markets, the terminal, and also you get client exposure.

Cons

Not really cons, culture is great.

5.0
31 May 2026
Recommend
CEO approval
Business outlook

Pros

Only a five-hour-per-week time commitment, which is very manageable with my class schedule. Bloomberg provides ideas for challenges and activities to host at my school, so I would not have to come up with everything from scratch. There is flexibility to choose when I table and to tailor the role around my schedule.

Cons

The budget for the program is tight, which is frustrating because advertising to law students is exactly how Bloomberg Law builds a dedicated user base. In my opinion, whoever makes the budget is not seeing the bigger vision. A lot of attorneys may not like Bloomberg Law, use it regularly, or ask their firms to purchase a subscription simply because they were never meaningfully exposed to it in law school. This is exactly why Lexis has taken over in such a big way: its presence and budget are felt at law schools across the country. If Bloomberg wants future attorneys to become loyal users, it needs to invest more seriously in reaching students while they are still learning which legal research platforms they prefer.

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