Career Action Plan for Finance Field in Event Management Sector
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This report highlights the career professional interest in finance area and the skills sets required for further development. Personal SWOT analysis and personal development plan is also highlighted in this report.
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Career Action Plan
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Table of Contents Introduction......................................................................................................................................1 Main Body.......................................................................................................................................1 Personal analysis....................................................................................................................1 Career action plan...................................................................................................................3 Conclusion.......................................................................................................................................6 References........................................................................................................................................7 Appendix..........................................................................................................................................8 CV...........................................................................................................................................8
Introduction Career development is referred to the process of selecting a career by an individual, improvising their skills and advancing in a career path. It's a continuous process of learning and decision making through a individual bringing them closer to their desired goals and objectives (Crumpton-Young, 2019). For an individual it is considered to be one of the most essential steps needed to be taken by them so that they can start working towards it as well as improve their skills according to the requirements. Career development helps increasing the motivational level of an individual and offer them clarity of things needed attained by them in order to be successful. It also helps in improving students’ academic interest and performance. There are various skills that can be learned by the students to develop themselves. This report highlights the my career professional interest in finance area and the skills sets required for further development. For personal development plan is also highlighted in this report. Main Body Personal analysis Career plays an important role in an students life and development of his academic performance. I have decided to make my career in finance field which is considered to be one of the most growing and established field in any industry. I will mainly looking for finance field in event management sector. Event management is one of the most growing and profitable sector around the globe and finding job in finance field in this sector will be huge opportunity for me. As per the opportunitiesI can get I have effectively developed myself as well as continuously developing myself as well. In order to achieve these career goals I have decided to complete my higher studies and take proper degree in that particular field. It will help in increasing my chances of getting more opportunities (Ginevra and Nota, 2018). I have taken finance degree which is I think is important for me if I have to get this job role and accomplish my desired goals. I have graduated from London school of science and technology and also I have great knowledge of IT analytics. In addition to this I have also completed my training in finance department as an assistant manager. This all makes me confident about my future career development in the finance field. This also will help me in finding suitable career path and enhance myself more and accomplish my desired career goals and objectives. There are certain 1
skills I have that I am confident of such as communication skills, analytical skills, IT skills, data analysis skills, team management skills and so on. But with changing trends it is essential to update my skills to grab new and advance opportunity, in order to do so the personal SWOT analysis and personal development is mentioned below: Personal SWOT analysis It refers to the framework taken into consideration by the individual in order to determine their ownpersonalstrengthsandweaknesses(GnanavelandSaranya,2018).Also,various opportunities and threat available for them. Strength ï‚·One of my greatest strength is that I am highly motivated and enthusiastic towards my career goals and objectives ï‚·I also have great IT and analytical skills, in addition to this I have also analysed that I have great communication skill, data analysis skills, team management skills and so on. These skills will help me to accomplish my desired career goals and objectives as well as enhance my performance. Weakness ï‚·One of my weakness is that i am unable to complete my work on time ï‚·I have also analysed that I lack in critical analysis skills which is essential for any career goals Opportunities ï‚·Enhancing time management, critical analysis as well as problem solving skills will help me in my future finance career. ï‚·There are also various career opportunities in finance field which will help me to grow ï‚·Also my great IT and analytical skills will help me in grabbing new opportunities in finance field. Threat ï‚·Increasing competition in chosen field will create threat for me in my future career and development ï‚·Also there can be threat from my colleagues studying same profession as well ï‚·Not having required skills will also create threat for me in the job market. 2
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Career action plan Career action plan is a detailed plan prepared by the students in order to determine the required steps needed to be taken by them in order to achieve desired career objectives (Hamilton, 2021). Through personal SWOT analysis it is determined that I have great IT, analytical, communication and team management skills. But is also determined that I have poor time management, problem solving and critical analysis skills. So in order to accomplish my career goals in finance field the personal development plan is mentioned below: Personal development plan (PDP)- Skills to be developedActions to be takenEvaluationDue date Time management,Timemanagement skillsisoneofthe essentialskills required by any career path.Time management will help me to divide my time as per the priority as well as accomplish my goals in time (Hamiot, 2019). It will help me in my finance career field. The actions that canbetakento improvemytime management skill is to set proper time table for each task also set deadline.Itcanalso bedonethrough making a proper list of Evaluationofskills canbedonethrough mycolleaguesand superiors.Itcanalso be done be me through completing the task on timeorbeforethe deadlinealsothrough accomplishmygoals in time 3 Months 3
workneededtobe done.Inadditionto this various books on time management can also be considered be me Problem solvingProblemsolvingis another skill needed to be improved be me in ordertoaccomplish mydesiredcareer goal.Improving problem solving skills will help me to handle complexproblems effectively (Mary and Costalat-Founeau, 2018).Theactions that can be considered toimproveproblem solving skills through clearlydefiningthe problemandfind alternatives to find the best possible solution. Anotheractionthat canbeconsideredis listoutasmany solutions as possible. The evaluation can be donebemethrough effectivelyableto handlecomplex problem and also solve theproblem.Itcan alsobeevaluated throughmysuperiors throughsolving complex problem. 1 Month Critical analysis skillsCriticalanalyticalThe evaluation of the2 Month 4
skillsplaysan essentialrolein determiningor analysing the facts in order to form a proper decisionabout anything.Foran financemanager properdecision dependson determiningthefacts and figures. In order to grow and develop myselfand accomplishdesired goalsIhaveto improvemycritical analyticalskills.The actionsthatcanbe takeninto considerationto improvemycritical thinkingskillsis throughdetermining theproblemorbe specific regarding the problem,thengather orcollectrequired information.After collectingthe information I have to skills can be done by superiorsand colleagues. As well as it can be done by me aswellthrough effectivelyableto collectrelevantfacts and information. Also takeproperdecision onthebasisof collected facts. 5
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analysethedataand accordingly make the decisionproblem.I havetoinvolvedin continuous practice. Conclusion From the above report, it has been concluded that career development plays an essential role in the growth and development of an individual and leading them towards achieving desired career goals. It also analysed that personal analysis helps in determining the strengths and weaknesses of an individual as well as various opportunities and threat available for him, it outlines the further actions needed to be considered to achieve their future career path and objectives. Through this report also helps in analysing that proper personal development plan helps in determining the future skills needed to be developed by the students as well as resources that can be used to develop those. This report helps in analysing the factors needed to be considered by the students to achieve their desired career path in finance area. 6
References Books and Journals Crumpton-Young, L.L., 2019.Key Productivity and Performance Strategies to Advance Your Career. Academic Press. Ginevra, M.C. and Nota, L., 2018. ‘Journey in the world of professions and work’: A career intervention for children.The Journal of Positive Psychology,13(5), pp.460-470. Gnanavel, B. and Saranya, M., 2018. A study on career management of employees working in Federal Bank at Vellore District.ZENITH International Journal of Multidisciplinary Research,8(9), pp.50-56. Hamilton, T.B., 2021.Social Workers: A Practical Career Guide. Rowman & Littlefield. Hamiot, J.Y., 2019. Managing career lengthening in France: why such inertia?.Journal of Management Development. Mary, G. and Costalat-Founeau, A.M., 2018. Investigating the professional identity dynamic in careercounselling:Thesocioconstructivistinterview.InternationalJournalfor Educational and Vocational Guidance,18(1), pp.101-120. Paige, K. and Hardy, G., 2019. Science as human endeavour, critical pedagogy and practitioner inquiry: three early career cases.International Journal of Science and Mathematics Education,17(4), pp.679-699. Remi, O.K., 2019.Guide to a Great Career: Landing the Dream Job. iUniverse. Sahin, A., Ekmekci, A. and Waxman, H.C., 2018. Collective effects of individual, behavioral, and contextual factors on high school students’ future STEM career plans.International Journal of Science and Mathematics Education,16(1), pp.69-89. Sawitri, D.R. and Creed, P.A., 2021. Adolescent–Parent Career Congruence as a Predictor of Job Search Preparatory Behaviors: The Role of Proactivity.Journal of Career Development, p.0894845321992548. 7
Appendix CV Curriculum Vitae XYZ 56 street London Contact number-56975576 Personal Summary-A highly dedicated and hard working person. Having experience in finance department as an assistant manager. Looking for great opportunities to expand my experience and gain new knowledge. Personal skills- ï‚·IT Skills ï‚·Analytical skills ï‚·Communication skills ï‚·Team management skills ï‚·Data analysis skills Work experience-Complete training in finance department as an assistant manager from recognized organization Education- I am graduated from London school of science and technology 8