Career Research and Education Research for Finance Manager and Software Engineer

Learn about the nature of work, salary range, minimum education/training requirements, and more for finance manager and software engineer. Also, get insights on the admission requirements, cost of the program, and graduate placements for the programs of interest.

Running head: PSYCHOLOGY
Psychology
Name of the Student
Name of the University
Author Note

1PSYCHOLOGY
Part A: Career Research
Occupation 1: Information Citation (where
you found this
information)
nature of the work,
including
 the work
environment
 typical work tasks
 degree of
independence
 physical demands
 typical workplaces
 characteristics/
personality
needed
 The financial managers are
responsible for providing the
guidance to the clients and
supporting them to take the decisions
for the business organizations so the
organizations can take the best
decisions.
 The work environment is very much
professional and they work with the
top executives of the organizations.
 They have to provide the financial
information to the business
professionals, build up long term
business plans with proper strategies,
analysis of the need for change and
advise accordingly to the authority.
 The financial managers have enough
independence in their work places.
They can analyze the current market
trends and provide the information to
the business managers. They are free
to develop some external
relationships with the auditors and
solicitors.
 They have to build up certain
relationships with the stakeholders of
the businesses. They have to be able
to handle extreme workloads. They
must build up strong customer
relationships as well.
 They work in a very competitive
workplace. This helps them to
improve their skills and they have to
grow their career prospects as well.
 The financial managers should
always be honest and they should be
able to approach their higher
authorities in the best ways possible.
They should also motivate their
junior employees to work better as
(Badolato,
Donelson & Ege,
2014).
(Wawryszuk-
Misztal &
Wrońska-Bukalska,
2014).

2PSYCHOLOGY
well.
salary range The annual salary of the financial managers
in Canada can be expected around
CA$101,713 per annum.
possibility for
advancement and/or for
moving into related fields
The financial managers do really have good
career prospects indeed. They can grow with
time if they increase their degrees. They can
try out jobs for general management or the
HR management as well. They can do
fellowship with universities and be their
instructors.
(Wawryszuk-
Misztal &
Wrońska-Bukalska,
2014).
employment outlook The employment outlook can be ranged
between 15% and 25%. It is much faster
than the average.
minimum
education/training
requirements
They must possess a degree or diploma in
accountancy and finance/ economics/
management/ statistics or mathematics. The
postgraduate degrees will be helpful indeed.
(Tridico, 2012).
any other criteria that
interest you
The financial managers are very
professional in their approach and they have
various skills of solving the issues regarding
financial troubles of the company.
Occupation 2: Information Citation (where
you found this
information)
nature of the work,
including
 the work
environment
 typical work tasks
 degree of
independence
 physical demands
 typical workplaces
 characteristics/
The software engineers also work in a very
competitive environment indeed. The
software engineers are responsible for
designing and integrating software programs
in the computers. They must have a good
grasp on the information technology.
They have to consult with the firms,
information warehouses and the
telecommunication providers.
(Wasserman &
Freeman, 2012).

3PSYCHOLOGY
personality
needed
They are open to work with the consulting
firms and express their views about the
installation of the new software in their
operations.
They have to be active most times of their
working hours so they can be able to resolve
all the issues that occur in their
organizations.
The software engineers will have to work in
different kinds of typical workplaces like
public and private sectors. This is very
challenging for them.
The software engineers are required to
possess a strong personality with the proper
power to take the relevant decisions very
quickly.
salary range The average income level for the software
engineers is about CA$85000 to CA$93000.
possibility for
advancement and/or for
moving into related fields
They can advance in the related fields very
swiftly and this will prove their versatility of
adjusting into new segments of work by
applying their skills.
(Wasserman &
Freeman, 2012)
employment outlook The employment outlook for software
engineers is better because there is a steady
growth in this occupation.
(Myers, Hall & Pitt,
2012).
minimum
education/training
requirements
A bachelor’s degree preferably in computer
science is needed to become a software
engineer. The candidates must have a sound
knowledge in computer programming.
any other criteria that
interest you
The candidates should have an experience in
engineering drawings and making reports.
(Myers, Hall & Pitt,
2012)

4PSYCHOLOGY
Part B: Education Research
Occupation 1:
Program of Interest:
School 1 School 2 Citation
Admission
requirements
The candidates must
have completed their
school level studies with
English 4U and some of
the subjects like
Biology, Chemistry,
Calculus and Vectors,
Computer Science and
others.
The candidates must
have the science
subjects like
mathematics, chemistry,
physics or accountancy
in their high school
curriculum.
(Uleth.ca, 2018)
(Uwo.ca, 2018).
Cost of the program The total cost of the
program is between
CA$7000 to CA$20000.
The estimated cost for
this course can be
around CA$8000 to
CA$22000.
(Uleth.ca, 2018)
(Uwo.ca, 2018).
Duration of the
program
The duration of the
program is 24 months
for full time students
and 48 months for part
time students.
The duration of this
program would be four
years in which the
candidates would be
taught various subjects.
(Uleth.ca, 2018)
(Uwo.ca, 2018).
Start dates The program would
start from September,
The program should
commence from the
(Uleth.ca, 2018)
(Uwo.ca, 2018).

5PSYCHOLOGY
2018 at the earliest middle of 2018 indeed.
Graduate placements The graduate
placements can be done
in the governments,
large corporations,
banks and the security
businesses.
The graduate
placements can be like
the specialists in finance
in different corporate
firms, investment
analysts in banks,
insurance companies
and others.
(Uleth.ca, 2018)
(Uwo.ca, 2018).
Any other important
information
Many good careers are
possible like investment
bankers, stock brokers,
financial planners and
chief financial officers.
The specialist
candidates can get their
placements in different
government financial
regulatory agencies as
well.
(Uleth.ca, 2018)
(Uwo.ca, 2018).
Occupation 2
Program of interest
School 1 School 2 Citation
Admission
requirements
Ontario Secondary
school diploma. English
grade 12 C or U. Good
skills in science and
mathematics
Special diplomas in
mathematics and
computer science. Good
grades in English as
well.
(Centennialcollege.ca,
2018)
(Ualberta.ca, 2018)

6PSYCHOLOGY
Cost of the programs CA$3996.50 for
domestic students and
CA$ 16484 for
international students
Around CA$11000 to
CA$ 15000.
(Ualberta.ca, 2018)
(Centennialcollege.ca,
2018)
Duration of the
program
3 years 4 years (Ualberta.ca, 2018)
Start dates Fall, Winter Around September,
2018
(Ualberta.ca, 2018)
(Centennialcollege.ca,
2018)
Graduate placements Various places like IBM
Canada, RBC, Bell
Canada, American
Express and others
Several big
organizations that
require the development
of the new software
programs for the benefit
of their business like
IBM, Dell and others.
(Ualberta.ca, 2018)
(Centennialcollege.ca,
2018)
Any other important
information
They provide the best
quality technology
programs that maintain
the industry standards.
The internship facilities
are also very important
as well.
(Ualberta.ca, 2018)
(Centennialcollege.ca,
2018)
Analysis

7PSYCHOLOGY
The most exciting things about the occupation of finance managers is to control the cash
flow of the organizations in the best ways. They are liable to control the accounts departments of
the organizations they are working in. This is why they should be able to have a deep
understanding of the finance related issues (Drucker, 2012). The finance managers can always
prepare the financial reports that would help the organization to measure the profits and losses.
They can also work as the treasurers of the work organizations. The financial managers have the
rights to prepare the balance sheets and income statements for the organizations which is a very
exciting job indeed. It is also the duty of the finance managers to provide the cash receipts and
disbursements for the organization (Drucker, 2012). Thus they can understand the flow of the
economy on a global basis indeed. These are the exciting facts about the occupation of a finance
manager.
Some issues or challenges have been faced in this regard as well. The finance managers
will have to keep notice all the things that are taking place in the global economic perspective.
Some of the challenges that the financial managers face in this competitive business environment
are to make the proper record keeping and financial reporting (Brigham & Ehrhardt, 2013). If
they cannot maintain the proper record keeping they will face certain problems indeed. The
aspect of financial analysis will have to be done in this context as well. The financial analysis is
also a very important aspect of the financial managers so they have to complete this work as well
(Brigham & Ehrhardt, 2013).
The careers should be matched up to the personalities of the candidates. Some important
values of the candidates should be put in to match them as well. There are four core elements
that help the candidates to match up with the qualities to be a successful professional. These four
core elements are Introversion, Intuition, Thinking and Perceiving. In short, it is called INTP. I

8PSYCHOLOGY
think I have the thinking capacity to a good deal that will help me to understand my
responsibilities in both the professions. After that I will be able to put my understanding into
these concepts and I will be able to being out the best results. Thus I can work honestly and
practice the best values in my career options. Then only I can be successful enough (McAfee et
al., 2012).
I have not been able to meet all the requirements that are needed to succeed in these
areas. I will have to work harder to meet all these admission requirements indeed. As for the first
career option of a finance manager, I have not scored good grades in my science subjects in my
penultimate semester. This is why I will have to work harder to achieve my objectives. I must
also join some class assessments to improve my academic performance indeed. This will surely
to go ahead and perform at the best level. The various class assessments like TypeFocus and
Career Cruising will help me in many ways indeed. These ways will probably help me to achieve
my objective of becoming either a finance manager or a software engineer.
When I will be on my way to achieve my dreams by being a successful finance manager
or a software engineer I might face several problems as well. There are many stresses or conflicts
that I might face in order to achieve my objectives of becoming a successful professional. I
might face several communication problems with my seniors and my teachers. I will surely have
to cope up with them by communicating with them verbally and non-verbally as well. I should
build a good relationship with my managers that will ease the differences to a great extent. Other
than that I have to get over the fear for my seniors. I have to keep in mind that they are only my
seniors and I have to respect them and not fear them. These things will surely help me to achieve
the best standards in my profession. I should clearly judge the best things for the improvement in
my profession. Thus I will be successful by coping up with these stresses and conflicts.

9PSYCHOLOGY
I will have to advance in my career that will have a good impact on my personality
development as well. The better education will provide me with the insights into the things for
the betterment of my career. If I afford the best education from the best institutions for the
advancements in my career, I will be highly benefitted. My personal relationships can make a
matter in the progress of my career because I might not get the ample time to complete my
studies within the given time and score good marks. This might stop me from meeting the
admission requirements. If I want to get the jobs of software engineer or financial manager in big
corporate organizations, governments or bank I must fulfill the criterion as well. I have to
manage my duty hours and maintain a good work-life balance. This will be very useful for me to
lead a good and successful life in terms of my profession and family life.
References
Uwo.ca, W. (2018). Western University. Uwo.ca. Retrieved 7 April 2018, from
http://www.uwo.ca/
Badolato, P. G., Donelson, D. C., & Ege, M. (2014). Audit committee financial expertise and
earnings management: The role of status. Journal of Accounting and Economics, 58(2-3),
208-230.
Brigham, E. F., & Ehrhardt, M. C. (2013). Financial management: Theory & practice. Cengage
Learning.
Centennialcollege.ca (2018). Centennial College | Community Colleges in Toronto, Canada.
[online] Centennialcollege.ca. Available at: https://www.centennialcollege.ca/ [Accessed
7 Apr. 2018].

10PSYCHOLOGY
Drucker, P. (2012). Management challenges for the 21st century. Routledge.
McAfee, A., Brynjolfsson, E., Davenport, T. H., Patil, D. J., & Barton, D. (2012). Big data: the
management revolution. Harvard business review, 90(10), 60-68.
Myers, C., Hall, T., & Pitt, D. (Eds.). (2012). The responsible software engineer: selected
readings in IT professionalism. Springer Science & Business Media.
Tridico, P. (2012). Financial crisis and global imbalances: its labour market origins and the
aftermath. Cambridge Journal of Economics, 36(1), 17-42.
Ualberta.ca (2018). University of Alberta. [online] Ualberta.ca. Available at:
https://www.ualberta.ca/ [Accessed 7 Apr. 2018].
Uleth.ca. (2018). University of Lethbridge. Uleth.ca. Retrieved 7 April 2018, from
https://www.uleth.ca/
Wasserman, A. I., & Freeman, P. (Eds.). (2012). Software Engineering Education: Needs and
Objectives Proceedings of an Interface Workshop. Springer Science & Business Media.
Wawryszuk-Misztal, A., & Wrońska-Bukalska, E. (2014). Duties of financial director from
board’s perspective. In Proceedings of the Management Knowledge and Learning
International Conference (pp. 673-680).