# Introduction to Bloomberg Terminals

## Projects

To make the most of the Bloomberg Terminals, you will want to use them
to try out your own ideas. Over the next three weeks, you should create your
own mini-project using Bloomberg data and give a ten minute presentation on
your findings. Work in teams of three to do this, so you can share the workload
and exchange ideas.

It is up to you what you do in your project. You should make sure
that it fits your interests and that it isn't too ambitious for the time that
you have available. A good way to decide what to do is to ask what you would
like to do for a career: now come up with a project that will be good to talk
about at a job interview. For example, if you want to work as a risk manager
perhaps a project where you compute historic value at risk would be a good idea.

To help you get started, I've come up with some possible projects. I've also written
up some hints for how to complete the projects. Hopefully
you will be able to think of some more interesting ideas though!

You will want to perform your own data analysis, so you may want
to use Excel, MATLAB or R to do this. If you are using Excel, here are some tips.
If you are using MATLAB, here are some tips.

- Write a trinomial tree pricer in Excel (some hints)
- Write a Monte Carlo pricer in Excel (some hints)
- Use Bloomberg data to compute Monte Carlo VaR (some hints)
- Use Bloomberg data to compute historic VaR (some hints)
- Explore historic yield curve data and produce MATLAB visualisations (some hints)
- Backtest the delta hedging strategy with Bloomberg data (some hints)
- Given an opinion on the market, use an optimizer to find the "best" portfolio to invest in (some hints).
- How well does the Heston model explain fat tails?
- How well does the GARCH explain nonlinear correlations in stock prices?
- Fit a jump diffusion model to real stock prices.
- Use R to see if you can find relationship between balance sheet data and the stock price. Can you use this to devise a trading strategy.
- Price an interest rate derivative.
- Price a credit derivative.