ISM students are better than their counterparts attending the best universities in the world in terms of competencies

The results of the Bloomberg Assessment Test (BAT) showed that the competencies of ISM students were better than those of students attending other Lithuanian universities and even exceeded the average score of students throughout the world. According to the results of the global BAT test taken by students of management and economics, the students at ISM University of Management and Economics are among the most competent students when compared to their counterparts from 750 other establishments of higher education around the world.

‘The results of the Bloomberg Assessment Test attained by the students of ISM University of Management and Economics are exceptionally good. They are better than those of other students studying in Lithuania and even better than the average score of all students throughout the world. The score of more than half of our students who took the test exceeded 60 per cent, and 5 students scored more than 70 per cent. The results show that the knowledge of ISM students equals the competencies of the students attending the best universities in the world, and in the area of economics and finance our students are even better’, Dr Nerijus Pačėsa, rector of ISM University of Management and Economics, said.

The BAT results of the students at ISM University of Management and Economics are 25 per cent better than the average result of all Lithuanian students who took the test. The average score of ISM students is 60.4 per cent, and the average score for Lithuania is 44 per cent. The average score of ISM students was 13.4 per cent better than that of the rest of the students in the world who took the test, i.e. 60.4 and 47 per cent respectively.

‘The BAT test is an objective way to assess the competencies of students and future employees. They are taken into consideration by many heads of international corporations who are eager to select the most professional employees. In Lithuania the results of the test contribute to the added value of an individual wanting to get employment in the area of financial management. The students of our university score high in the global Bloomberg rating of employees, which makes them valuable candidates for open positions at prestigious international corporations. We are sure that the said achievements of ISM students will serve as encouragement for our secondary school graduates to continue their studies in Lithuania’, Ms Gintarė Aldonytė, head of ISM Career Centre, said.

Initiated by the Bloomberg Institute, the global BAT test of the competencies of students of management and economics was taken by 28 ISM students, who were asked to provide written answers to over 100 questions in economics, corporate management, investment, and banking. The BAT test also helped assess their entrepreneurship and leadership skills.

The ISM students took the test in English and demonstrated the best results in the areas of investment banking, economics, and investment management. In terms of personal qualities, the ISM students demonstrated exceptional mathematical reasoning abilities and ethics. The BAT test has been taken by 67,000 students around the world. The best results have been demonstrated by students from North and South America. The average score for their competencies was 50.4 per cent.

The Bloomberg Assessment Test (BAT) is a global test meant to assess the competencies of specialists and students of finance and management. The individuals taking the test are asked to provide written answers to questions about economics, finance management, corporate management, investment banking, and financial markets. The test is taken in English. It also helps assess the skills of candidates in areas such as public speaking, mathematical and analytical reasoning, situational analysis, and ethics. The BAT test was initiated by the Bloomberg Institute, which was established by Bloomberg L.P., the leading economic news agency.