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Bloomberg internship: Your chance in finance reporting

Would you like to kick-start a career in finance journalism? This might be your chance. ...

Are you interested in storytelling and current affairs? Would you like to kick-start a career in finance journalism? Bloomberg is offering a 10-week paid internship starting in January 2023.

Bloomberg News is a global media outlet with branches in more than 150 countries, including an office in the heart of Sydney. This ranges between TV, radio, digital and print publications, with content circulating in over a thousand newspapers and magazines around the world.

In an interview with W’SUP, Bloomberg managing director, Ed Johnson explained interns would learn to draw links between seemingly everyday activities and events, and their impact on the economy.

The internship will provide training and practical experience in finance and business reporting across Australia and the globe. Interns will be trained in various areas of finance journalism, ranging from reporting on stock markets, politics, economy, social and environmental issues.

“You might be in the stocks team, working with stock reporters and editors who are covering the whole of Asia and reporting it to a team leader who might be based in Singapore or Hong Kong, but you’re also part of the Sydney newsroom and helping tell the broader Australian story,” he adds.

Interns will also benefit from mentorship by leading experts in finance and journalism for the duration of the internship, along with networking opportunities with industry professionals.

You don’t have to be a journalism or communication student to apply. The opportunity is open to students from various disciplines. Whether you’re studying law, business, communication, maths or history, all you need is a keen interest in journalism and finance.

“If you are a journalism student, don’t let the lack of business and finance knowledge put you off, and if you’re not a journalism student, we’re going to be as equally interested in you if you’re from a different academic discipline, we just want to see that passion for current affairs,” Ed said.

The managing director, however, did clarify some criteria for intending internees.

“We’re looking for a student who has an open, inquisitive, enquiring mind with a bit of an international mind-set who wants to look beyond the local story and try to tell that local story for an international audience. You just need to have an inquiring mind and a proven passion for current affairs,” he said.

The selection process includes video and face-to-face interviews, and a written test in the final stage. Even if you don’t make it, there are perks to going through the application process. This might include creating essential networks in the media industry, and potential job opportunities in the future.

“If you go through that process and you impress us, even if you don’t make the final cut, then we stay in touch with you, link up with you on LinkedIn and track your career progress. That pool of people that we get to know through the application process is the likely group we target when they hit a two-three years mark experience in the industry,” said Ed.

While this internship may be challenging for some students, due to a lack of prior exposure to finance and journalism, the support and guidance of the team at Bloomberg promises growth and development and an enjoyable experience.

“You’re working from day one basically. We realise that it’s quite a steep learning curve as you’re coming up to speed with new and unfamiliar topics, but we try to make that learning curve as manageable as possible. So, there’s plenty of mentoring, ongoing support and guidance,”

 

At the conclusion of the internship, interns may transition into a full-time role or a cadetship program.

 

 

Applications are open, apply through the link below:

https://careers.bloomberg.com/job/detail/106648

 

For more information about the internship, register for the virtual information event that will be held on 15 September.

https://bloomberg.recsolu.com/app/collect/event/rPxi9To_FDvkQgrUep6M8g

 

 

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How diverse is Australia’s media?

While Australia prides itself on being a multicultural country - how much of Australia actually reflect this?...

Australia prides itself on being a multicultural country. We’ve known this our whole lives. But how much of Australia actually reflect this?

Who we see on television is meant to mirror our society and communities, but Australia doesn’t seem to be getting this right. To put it into perspective, the media is the body that represents our voices, our stories, and ultimately – our people as a nation. Media Diversity Australia (MDA) conducted a report into news and current affairs, focusing on the people who tell, frame, and produce the stories we see with some alarming research.

The report found that 75% of presenters, commentators and reporters have an Anglo-Celtic background, where only 6% have an Indigenous or non-European background. This clearly illustrates who the industry is largely dominated by, and for a multicultural country like Australia – our media doesn’t appear to truly reflect its citizens. A survey conducted by MDA in June 2020 found that more than 70% of participants measured the representation of culturally diverse men and women in the industry as either “poorly” or “very poorly”.

The MDA report also found that most respondents felt there were greater barriers for culturally diverse individuals when it comes to finding work both in front of and behind the camera. Nearly 86% of respondents from a non-European background believe that having a culturally diverse background is a barrier to career progression. This shows how the possibility for opportunities and success is challenging and limited for culturally diverse backgrounds in an industry that should be representative of its audience, and beyond.

And it’s not just the topic of diversity that we find underrepresentation. The same report found that, as of July 2020, every national news director in the country is both of an Anglo-Celtic background and male. Although our society increasingly preaches gender equality, women are still missing out on high-level jobs and opportunities that supposedly frame, manage and deliver our media.

While the personalities, individuals, and voices in our newsrooms form a large part of the media, it is more than just media representation that needs work. According to research from Deakin University published in The Conversation, Australia found that more than a third of media articles reflected negative views on minority communities. Reporters should be fair and balanced when it comes to presenting cultural issues in the media, but no matter how hard we try to deny it, underlying tones of racism and bias remain.

This includes our beloved, and immensely diverse Western Sydney region, where Josephine Parsons says to The Guardian that the region has traditionally been associated with all the markers of poverty, disadvantage, and distinct lack of cultural sophistication.

“More recently, as Western Sydney has become increasingly multicultural, the stereotypes have focussed more on ‘ethnic crime’ and immigrant ‘ghettoes’” Josephine adds.

When we think about news and media, we need to consider that it covers a lot of government-related information and news, particularly during the 2020’s testing COVID-19 outbreak. In saying this, many culturally diverse individuals and communities have been seriously disadvantaged when it comes to COVID-19 information as governments do not alter their messages for these communities. In another report by Media Diversity, Australia found that the country’s Notifiable Diseases database lacked data on the ethnicity, languages spoken, and country of birth of Australian residents. Without this information, government officials, and the media that recycles government information, could not accurately cater to the needs of culturally diverse communities.

It’s pretty clear that Australia is not as progressive in the realm of diversity or equality as we claim to be, especially when it comes to the media. There’s no better place to start than the media.

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Why a psychologist encourages you to go on social media during COVID-19

Connecting with friends online is now more important than ever. ...

While self-isolation is vital for flattening the COVID-19 curve, the lack of social interactions can have devastating consequences on our wellbeing and mental health.

 

Social media connections. Photo: Shayma Abdellatif

The uncertainty that clouds our lives is causing stress and anxiety for almost everyone, however, Dr Harley Watson says that social media offers an antidote to relief some of this anxiety, and ensure our mental wellbeing is maintained.

“The biggest thing is to remember that you’re not alone in this. Everyone else is experiencing this too,” she says.

Dr Harley Watson is a clinical psychologist and the CEO of Open Parachute, an online school health program that raises awareness about mental health among teenagers and aims to reduce bullying in school.

Clinical psychologist and CEO of Open Parachute, Dr Harley Watson

 

 

 

 

 

 

 

 

 

 

Social media is the reality of this generation, and instead of denying that fact, Dr Watson said that we need to find ways to take advantage of what this reality offers. The key to interacting online is whether the experience is having a positive or a negative outcome on one’s wellbeing. Having a network of support, especially for young people, where they can have intimate conversations about their emotions and struggles, is now more important than ever.

“Reaching out online and staying connected to their friends and using social media to connect with them is really important for their mental health right now,” says Dr Watson.

Being online often may also mean being exposed to content that lowers self-esteem and confidence, which only adds to the problem. In order to avoid this, Dr Watson advises social media users to interact with friends in small private networks instead of sharing personal feelings and content publicly.

“When we share something with the whole world, we lose that personal feedback and personal interaction, and we open ourselves to any type of response including online bullying,” she says.

 

When asked about online challenges that appeared in the past months, Dr Watson says that if participating in those public challenges helps young people cope with this crisis, then that’s fine. Creating a sense community support and knowing that everyone is going through similar struggles is equally important. However, she says that every person needs to constantly reflect on any online interaction, and use their judgment to determine whether that’s beneficial or counter-productive.

     “Ultimately, we want the online world to connect us not separate us,” she says.

In a Snapchat survey, the majority of Snapchatters, 66 percent, said that communicating with friends and family online have helped them cope with the situation, and allowed them to still enjoy some quality time despite the COVID-19 restrictions. More than 71 percent said they have become more aware about how to stay safe, through the platform, since the beginning of the crisis.

Many social media platforms are playing an increasing role in proving information about ways to stay safe during COVID-19. In a press release, General Manager for Snap Inc. ANZ, Kathryn Carter, said that Snapchat is collaborating with local and international health experts to increase awareness about health among its users.

“Content on our Discover platform is curated and moderated, and we work closely with only a select set of partners, including some of the most trusted news organisations around the world, to develop fact-based content for our community,” says Ms Carter.

In partnership with the World Health Organisation (WHO), Snapchat launched a series of filters and Bitmojis with information about hygiene and self-isolation, as well as links to local mental health support services.

 

If you need mental health support services, don’t hesitate to contact any of the following: