Welcome to Business Research Plus

July 27, 2011 1 comment

Bloomberg SuiteBusiness Research Plus on iPad (FTSE)

From specialist databases to business literature, Business Research Plus provides advice and tips based on the MBS library service resources and expertise.  See our About page for more details.

  • Library Research Plus provides expert insight from The University of Manchester Library’s Research Services for researchers in all disciplines including business.
  • My Learning Essentials, the Library’s award-winning skills progamme includes online resources with a wealth of useful tips on searching, referencing, writing to support personal and professional development.

Exploring our resources – try the Business and Management Resources page (LibGuides),  scroll down to category or tag cloud in the right-hand column, search this blog (top right) or search Manchester Business Answers 24/7 (FAQ). For latest news see @MBSLibrary 

(MBS Library Service is part of The University of Manchester Library. )

Finance Zone and Bloomberg Suite access to relocate to Precinct Library from Saturday, 21 March (until Sunday, 12 April)

March 20, 2015 1 comment
Specialist database provision at Precinct Library

Specialist database provision at Precinct Library

As explained in our previous post, Changes to MBS Library facilities, Finance Zone and Bloomberg Suite access will relocate to Precinct Library from Saturday, 21 March (until Sunday, 12 April).

For these three weeks, the following business data services will be available from Precinct Library.

Existing specialist PCs

  • The existing Bloomberg PC and Datastream PC will be available during Precinct Library opening hours, 7 days a week.
  • These two PCs will be bookable online from Monday, 23 March via My Manchester for students. Staff should contact the Business Data Service.
  • The Datastream PC has just been replaced with a new, faster one.

New specialist PCs

  • There is now a temporary third specialist PC available at the Precinct Library.  It will run Bloomberg, Datastream, Thomson Reuters Spreadsheet Link (TRSL) and SDC Platinum.
  • This PC will be bookable by a paper form; please see the form by the computer for instructions.

Research Consultations

  • Research Consultation sessions will run every Tuesday and Thursday afternoon from 2.30pm to 4.30pm in Precinct Library Seminar Room 1.
  • These provide a drop in facility which provides specialist help with our full suite of financial databases.
  • There will be one or two laptops available during the Research Consultation with Bloomberg, Datastream and other databases You will be able to work with the Business Data Service library staff in this room during these sessions, but remember it is a drop-in service.

If you have any questions, please speak to a member of library staff at Precinct Library, email libdesk@mbs.ac.uk or telephone 0161 306 3200.

Changes to MBS Library facilities

March 19, 2015 1 comment
Illustration of new MBS Library

Illustration of new MBS Library

The next phase of the University’s £1 billion campus redevelopment, which will transform over 20,000 square metres of teaching and learning facilities in MBS, is about to begin. To support the development, important changes to MBS library facilities are announced.

Between Monday 9 March and Monday 13 April, Eddie Davies Library, located in Devonshire House, will be vacated and its facilities will transfer across two sites. All printed resources will transfer to the lower floor of Precinct Library.

Specialist resources, including the Finance Zone and Bloomberg Suite, will transfer to a new facility at Dover Street, which will open on Monday 13 April.

Eddie Davies Library will close to all library users on Friday 20 March.

Library facilities will remain operational during the transition period, but users will experience some temporary disruption to stock access and services. Here is a summary of the key dates, activities and impact for users:

    • Week commencing Monday 16 March
    • Week commencing Monday 6 April
      • Usual lending and stock access to resume at Precinct Library from Tuesday 7 April.
    • Week commencing Monday 13 April
      • New Dover Street facility to open to library users on Monday 13 April.
      • Access to Finance Zone and Bloomberg Suite available at Dover Street.

During this phased program of activity, partial closures and contingency measures, including a retrieval service for borrowing books, will be in place at Precinct Library from Monday 9 March.

There will be also be reduced access to Finance Zone and Bloomberg Suite resources at Precinct Library, until Dover Street opens on Monday 13 April.

Precinct Library will remain operational during the transition period, but it is expected to be busier than usual and less study space will be available.

Students requiring study space are encouraged to consider other library sites across the campus, most notably Joule and Kantorowich libraries. Students should also consider accessing online resources whenever possible.

For enquiries about library services and facilities during the transition period, please speak to a member of library staff at Precinct or Eddie Davies, email libdesk@mbs.ac.uk or telephone 0161 306 3200.

MBS and University Library Twitter followers can also track key updates using the hashtag #MBSchanges.

ThomsonONE.com has replaced Thomson ONE Banker

March 17, 2015 Leave a comment
T1com-Amazon

Example screen of ThomsonONE.com

As you may or may not be aware, Thomson ONE Banker (the service platform for company data) is no longer supported by Thomson Reuters. We have been running Thomson Reuters’ new service platform ThomsonONE.com, in parallel with Thomson ONE Banker, for over a year now. This is a necessary transition arrangement as staff and students require training and adjustment in the new ThomsonONE.com.

Recently, we have received feedback from our users that keeping the both Thomson ONE Banker and ThomsonONE.com in the Library’s Database list is rather confusing. We have reviewed Thomson ONE Banker again and have found the platform tired looking and slow performing. With advice from academic staff in Manchester Business School, we have therefore decided to withdraw Thomson ONE Banker from the Library’s Database list from 1 May, 2015.

Thomson ONE Guide

A short hand-out guide is available for those new to ThomsonONE.com. Please visit Getting Started Guides in the Library’s Business and Management Subject Guide pages.

Please note, ThomsonONE.com requires Internet Explorer 9. If you are using IE 10 or later, you must use Compatibility View. See our earlier post Thomson ONE.com Browser Compatibility for more details.

VLearn: video study resource for business and management students

March 17, 2015 Leave a comment

If you are interested in learning by watching new video resources then consider using VLearn.

VLearn website thumbnailFrom their website: “VLearn is the new ‘free access’ study resource for business and management students. We provide free access video material to enhance your learning experience. Use VLearn as a supplementary study resource to your traditional learning materials. VLearn brings research to life.”

It is a collection of short videos, organised into categories such as:

  • Marketing
  • Strategy
  • Leadership
  • Ethics
  • Sustainability

Have you already used it? Why not leave a comment below to let us know what you think, if you found it useful, and if you would recommend it to others.

Categories: General Business Tags: , ,

Getting data in and out of Eventus

February 13, 2015 Leave a comment

WRDS select data setEventus is a tool to perform event studies on US companies, pulling data directly out of the CRSP stock database. It is available through the WRDS portal for postgraduate students and members of staff at The University of Manchester.

The interface of Eventus is similar to the other platforms available through WRDS, but it can be a little more confusing to the newcomer. The post aims to help you get data in and out of Eventus, resulting in a usable Excel or CSV document. It does not aim to explain the mechanics of Eventus or what is really happening under the surface!

Preparing company identifiers and dates

Eventus 1 - source data

Mergers and acquisitions data, including acquirer PERMNO and announcement date

Eventus 2 - prepare columnsTypically, people who decide to use Eventus already have a list of acquiring companies, identified by PERMNO codes, and a corresponding list of dates to study (in YYYYMMDD format). Copy these two columns to a new Excel workbook in this order, then delete the header row if there is one.

Eventus 3 - ready to uploadThis workbook will need to be Saved as type: Text (Tab delimited) (*.txt). Ignore any warnings about the file type not accepting multiple sheets — you only need the active worksheet. Accept any warning about features not compatible with this file format. After the file has saved, close it, ignoring any further warnings about not saving changes.

You should now have a plain text file that begins like this if you open it in Notepad++ or similar.

Using Eventus

Your file is now ready to be uploaded to Eventus. Log onto WRDS, then choose Eventus from the drop-down list Select a Data Set on the top-left. Choose Cross-Sectional Analysis Daily. (Only the cross-sectional analysis options produce data that can be used in the methods described by this blog post.) You will see that CUSIP codes could have been chosen instead of PERMNO, but I suggest PERMNO where possible — there can be confusion over CUSIP codes sometimes, whether you need 6, 8, or 9-digit versions.

Eventus 4 - Fill in fields

Launch Eventus Cross-Sectional Analysis, fill in the fields and upload the prepared file

Choose your new text file to upload. Fill in the options as you require, including the event period and alternative windows.

Eventus 5 - download

Download the files produced by Eventus; the first is the most useful (*.sas7bdat)

When ready, click on the Submit Query button. The next screen can take a few seconds to load, but hopefully it will look like this (above). If not, read the error message and check what you entered on the previous screen.

You can download three files, but the first one is the most useful. It has a filename ending in .sas7bdat. This is a SAS dataset.

Opening or converting the results

If you have SAS installed on your computer, you can open the results file directly in that.

If you have SPSS instead, you can import the results file then export it to Excel format or CSV.

  • To launch SPSS, go to Start > IBM SPSS Statistics > IBM SPSS Statistics 22 (or 20).
  • To import in SPSS, use File > Open > Data and then Files of type: SAS (*.sas7bdat).
  • To export it from SPSS, use File > Save As and then Save as type: Excel 2007 through 2010 (*.xlsx) or Comma delimited (*.csv).
Eventus 6 - SPSS and Excel

Output from Eventus opened in IBM SPSS Statistics and exported to Microsoft Excel

Summary

This guide should help you to upload data to and download data from Eventus, ready for the next stage of your study. If you found this useful, or if you need further help explaining these steps, please leave a comment below.

Categories: Data Analysis Tags: , ,

Research Feasibility

 

In undertaking research on a particular topic it is a good idea to ask the question: is this research feasible?

Seeking guidance from a librarian can be beneficial, highlighting relevant factors in completing an MSc dissertation, for example. Is it possible to obtain the data required? How difficult is it to use a database? Can I obtain the data I need in the time available?

 

Datastream Desktop

 

Datastream:  a database commonly used in financial research.

 

 

Restricting Factors.

 

Factors such as timing and location can be pertinent.

Timing: Limited to 3 months to complete an MSc dissertation, a student must carefully consider if what they are planning is realistic – trying to replicate what has been produced for a journal article is unlikely to be so.

Location: This can limit options in terms of obtaining data, where a student is a distance learner – meaning the data they require may not be accessible.

In seeking to confirm the feasibility of research, the Business Data Service (part of Research Services, The University of Manchester Library) assist students (and staff) at the University of Manchester, through:

 

Training.

 

Numerous sessions are delivered each semester (e.g. Mergers and Acquisitions, Researching Quoted Companies, Researching Private Companies, Researching Company Directors, Datastream [standard, advanced], Bloomberg Professional [introductory]) providing assistance in using specialist financial databases, to help students gain competence in searching for required data.

BDS Training Sessions (available to current students and staff of the University of Manchester).

 

Research Consultations.

 

Through these regular drop-in sessions, students can discuss their requirements and confirm the best options to obtain data.

 

One to One Training Session.

 

These allow extended support and the flexibility to fit in with the student/librarian’s other work commitments and any preparation needed on the part of the librarian.

 

Summary.

 

Establishing the feasibility of research provides a valuable service, taking advantage of the accumulated knowledge and experience of librarians (such as those in the Business Data Service), for the benefit of students.

 

A more detailed post is available on the Library Research Plus blog.

Student webinar sessions from Thomson Reuters

February 3, 2015 Leave a comment

Thomson Reuters logo Thomson Reuters provides student training resources, specifically Question & Answer sessions in the form of webinars.

The products covered are Datastream and ThomsonONE.com, although they also cover Thomson Rueters Eikon (which we do not have at The University of Manchester).

Theses sessions are free to current students of an institution that is a Thomson Reuters customer. You simply need your University email address to sign up.

Upcoming dates:

  • Thomson ONE: Wednesday, 11 February 2015, 2pm to 3pm (GMT)
  • Datastream: Tuesday, 17 February 2015, 10am to 11am (GMT)

Thomson Reuters Student Training Resources website

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