Portfolio on Employability of the Finance Sector in the United Kingdom

PORTFOLIO ON EMPLOYABILITY OF
THE FINANCE SECTOR IN THE UNITED
KINGDOM
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Table of Contents
INTRODUCTION.........................................................................................................3
AIMS AND OBJECTIVES........................................................................................... 4
THE LABOUR MARKET AND RECRUITMENT PROCESS IN THE UK....................5
THE FINANCE SECTOR LABOUR MARKET IN THE UK......................................5
RECRUITMENT AND SELECTION PRACTICES...................................................6
PERSONAL PROFILE................................................................................................ 7
CREATING ONLINE IDENTITY..................................................................................8
LINKEDIN ACCOUNT............................................................................................. 8
OVERALL REFLECTION..........................................................................................10
REFERENCES..........................................................................................................11
APPENDIX................................................................................................................ 13
AIM........................................................................................................................ 13
OBJECTIVES........................................................................................................ 13
SMART CRITERIA................................................................................................ 13
SUMMARY OF LABOUR MARKET IN UK............................................................14
ELEVATOR PITCH................................................................................................14
CURRICULUM VITAE...........................................................................................15
STATISTICS OF THE NUMBER OF EMPLOYEES IN THE BANKING SECTOR IN
LONDON FROM 2007 TO FIRST HALF OF 2015................................................17
NUMBER OF EMPLOYEES IN THE FINANCIAL SERVICES SECTOR IN THE
UNITED KINGDOM FROM 2007 TO 1ST HALF OF 2015......................................18
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INTRODUCTION
The Masters in Business Administration is a program that is designed to boost the
eligibility for the higher paying jobs and drive towards the successful career ahead. It
has a crucial role in building the professional network and applies the theoretical
aspects into practical implications. Although together with earning a degree in MBA it
is also vital to gain suitable work experience that will lend a better opportunity to grab
placement in future. The work experience adds to various benefits that help in
adding a value to the professional profile (McCollum and Findlay, 2015).
In context to the MBA degree, I am looking forward to gaining better work placement
that will drive me gaining experience in the finance sector and gain better insights
about the global businesses with my engaging personality. I am looking forward to
grabbing every opportunity in the finance sector so as to boost my employability and
work experience by gaining MBA degree. I have opted for the MBA placement
pathway as it will render solid grounding on the latest financial tools and markets and
will drive me towards the route of finance and service sector. It will help in building
strong base about the global business knowledge by enhancing the finance skills
and will make me competent enough so as to be sourced by the top companies with
whom I can give a start to my career (Wilton, 2016.).
Through the MBA placement pathway, the type of work experience that I can gain is
into the sectors of accounting, banking and finance, insurance and the financial
planning sectors that have a high employability rate and have many employers for
the MBA’s. Through these placement opportunities in the UK, it will allow me to get a
foot in the door through work experience. This will help me to gain better and long-
term experience in the retail banks and will also result in permanent positions.
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AIMS AND OBJECTIVES
My current aim will strive to attain a work placement in the finance sector in the
United Kingdom that will help me to gin long-term employability in the same.
By applying the SMART framework two objectives that will help me in attaining
effectively the desired aim are as under:
1. To gain vocational finance qualifications in tax, investment and accounting
management until July 2018.
2. To seek schemes that will offer me a clear pathway into finance career and
help me to gain a recognized professional qualification from the bodies of
CFA institutes.
These aims and objectives have been made aligning with the work schedule that I
follow being a full-time MBA student. And the objectives are framed in accordance
with the SMART framework that is attached in the appendix (Ashton, et al. 2016).
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