Asper Student inducted into Bloomberg Hall of Fame
A fifth-year student at the University of Manitoba’s Asper School of Business has achieved a jaw-dropping score on the Bloomberg Aptitude Test (BAT) – and a ranking that has vaulted him into the global Bloomberg Hall of Fame.
In December 2013, Stefan Baluta earned a raw score of 710/800, rocketing him to the top 99th percentile of candidates worldwide and onto North America’s coveted Top Five list. He was the only Canadian student to be listed in the Bloomberg Hall of Fame, which recognizes the test’s outstanding performers.
The BAT is a standardized, two-hour online test designed by the Bloomberg Institute in collaboration with leading academics and business professionals to assess the finance knowledge and career aptitude of college and university students. Over 100,000 students have taken the BAT from over 1,000 universities around the world.
More remarkable still, Baluta was majoring in Actuarial Mathematics – not Finance – at the time he took the test.
“I needed to fill my electives, so I decided to try a finance course,” he says. “The professor teaching the class recommended all his students try out the BAT, which I did – right after my final exams of a very difficult term. After finding out about the BAT results I rearranged my schedule to double major in actuarial math and finance.”
Baluta says his exposure to finance has opened his mind to a range of career options in either discipline.