Is ChatGPT a free alternative to the Bloomberg Terminal for undergraduate experiential learning?

This is a comparison of active learning-based assignments for basic stock analysis in an introductory finance class using the Bloomberg Terminal and ChatGPT from both faculty and student perspectives. I undertook this analysis at the end of Spring of 2024 after learning that my College would be terminating its Bloomberg contract at the end of semester. The results indicate that the DDM output can be replicated using Yahoo finances API and Python with coding assistance provided by ChatGPT, and doing so will likely improve students understanding of the learning objectives. However, ChatGPT/Python assignment will be significantly more difficult than the Bloomberg version, thus placing the weight of the cost savings on the shoulders of the weakest students.

Authors

Publication Details

Journal
The Transnational Journal of Business
Published
2025-01-01
DOI
https://doi.org/10.64010/qode8088
Primary Topic
Artificial Intelligence in Healthcare and Education
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Is ChatGPT a free alternative to the Bloomberg Terminal for undergraduate experiential learning?

Daria Newfeld
The Transnational Journal of Business
Artificial Intelligence in Healthcare and Education
article

Is ChatGPT a free alternative to the Bloomberg Terminal for undergraduate experiential learning?

Daria Newfeld
article en

Abstract

This is a comparison of active learning-based assignments for basic stock analysis in an introductory finance class using the Bloomberg Terminal and ChatGPT from both faculty and student perspectives. I undertook this analysis at the end of Spring of 2024 after learning that my College would be terminating its Bloomberg contract at the end of semester. The results indicate that the DDM output can be replicated using Yahoo finances API and Python with coding assistance provided by ChatGPT, and doing so will likely improve students understanding of the learning objectives. However, ChatGPT/Python assignment will be significantly more difficult than the Bloomberg version, thus placing the weight of the cost savings on the shoulders of the weakest students.

The Transnational Journal of BusinessVol. 10(1)
Openalex Percentile: Top 92%
Artificial Intelligence in Healthcare and Education
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.