The College of Business Bloomberg Terminal is located in Schulze Hall (SCH 325) on the Minneapolis campus.
I've recorded a couple of videos showing off the terminal and some of its features. During lower usage times (J-term, summer) you may be able to get into the room and do the Bloomberg Market Concepts (BMC) certification.
Video: Creating an Account & Bloomberg's "Welcome to the Terminal" (06:21)
Video: Equity (company) Research on the Bloomberg Terminal (26:20)