KINGSVILLE — Kleberg Bank has made it easier for business students at Texas A&M University-Kingsville to get real-world practice, thanks to a $75,000 donation to develop a Bloomberg Financial Lab in the College of Business Administration.

“Kleberg Bank believes that supporting our local education efforts is key to helping shape a vibrant and sustainable community and proudly supports Texas A&M-Kingsville and the College of Business Administration’s plans to establish a Bloomberg Financial Lab,” said Brad Womack, Kingsville Market President.

“Once completed, the university will be able to leverage this valuable resource – the same industry-leading data and technology used by the world’s leading banks, corporations and government agencies – along with the College of Business Administration’s recent accreditation, to attract the very best students to the university,” he added.

“Our bank, its shareholders and the board of directors clearly value Texas A&M University-Kingsville’s work and continue to invest in its efforts,” said Gabe Guerra, Kleberg Bank President and CEO. “Kleberg Bank applauds the university for creating a world-class learning environment to support not only its growth, but also the long-term development of the future workforce in our region.”

“True to its mission, Kleberg Bank’s generous donation to establish a financial lab at the College of Business Administration will spawn leaders in a host of industries, primarily within financial services, both regionally and globally,” said Dr. Natalya Delcoure, dean of the College of Business Administration. “We are insanely grateful.”

One of the classrooms in the Business Administration Building is being converted to accommodate the lab, with it scheduled to open for student use in spring 2019.

About the Bloomberg Lab

The Bloomberg Essentials terminals that will be housed in the lab provide users with an introduction to the Bloomberg Professional Service. The terminals will be used as an educational and research tool in undergraduate classes, community workshops and financial literacy education.

Universities and colleges around the globe use Bloomberg to bring the real world of business and finance into the classroom, providing students with access to the same information platform used by leading decision makers. The Bloomberg Professional Service and the Bloomberg terminals seamlessly integrate the very best in data, news and analytics.

The terminal is a 24-hour, global financial services system that provides transparent and reliable financial, economic and government information covering all market sectors. It features company financials, market data spanning more than 20 years, charts, statistics, a communications platform and current news reports.

Many employers utilize Bloomberg terminals in their businesses and students can develop valuable skills that will improve their competitiveness in the job market. Bloomberg Service also allows students to post their resume and accomplishments on the Bloomberg website, which can then be viewed by all terminal users throughout the world.