Personal Development in the Finance Field

Assessment

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
P1) Explain the given professional field.....................................................................................1
P2) Describe and analyse your career planning .........................................................................2
P3) Identify your competencies or qualities and link them with possible career paths. ............2
P4) Identify possible challenges and discuss how you can overcome them ..............................2
CONCLUSION ...............................................................................................................................3
REFERENCES................................................................................................................................5

INTRODUCTION
Personal development refers to the activities that help in the developing personal
capabilities and potential, build human capital and enhance the quality of life along with the
realization of the aspirations. It is associated with the procedure of self discovery and self
actualization that guides the way of living of an individual. Moreover professional development
is described as learnings for maintaining the professional credential which involves academic
degrees to formal courses (Pugh and Broome,2020) . This concept involves all forms of
education and learning which is intended to help employees to be better and more efficient. The
topic for this report is finance, on the basis of which further analysis is completed and will
evaluate the information about personal development in professional field along with the
employability services.
MAIN BODY
P1) Explain the given professional field
Finance is a broad term, that is associated with the oversight, creation and study of
money, banking, credit, investments, assets and liabilities which together make up financial
system. Financial professionals use knowledge of finance, accounting and tax law in order to
provide services in field of finance. This offers variety of positions on basis of different skills
and interests along with sub-industry that provides niche opportunities to individuals
(Hildebrand, 2018). The financial services is multifaceted, that is also consist of the several
positions and roles for instance promotes entrepreneurship, provides easy access to loans and
capital etc. In addition to this, financial planners are the one who helps individuals to develop
their plan which ensures about their present and future financial stability. Moreover, corporate
finance jobs is refers to working for a company in which individual has a capacity of finding and
managing the necessary capital for the smooth running of enterprise. It is done while maximizing
corporate value and eliminating financial risk. This is also divided into sub categories such as
forecasting profit and loss, preparations of financial statement, relationship management with
outside auditors. Furthermore, investment backing is also one of the professional field in finance
that has most elegant and intense career jobs. As this facilitates new issuance of firm's security
and bring them into the market for investors so that they can purchase them. professional filed of
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