Personal & Professional Development: Navigating Finance Career Paths

This essay explores personal and professional development within the finance sector, focusing on various career paths such as financial analyst, asset management, risk management, corporate finance, and equity research. It identifies key strengths like analytical and forecasting skills and weaknesses, linking them to suitable career options. The essay also addresses potential challenges, including limited visibility into business drivers and inaccurate financial forecasts, and suggests strategies to overcome them using identified strengths. The analysis emphasizes the importance of self-awareness and strategic planning in navigating a successful career in finance. The document concludes that understanding one's professional interests is essential for selecting the right job based on education, talents, and interests. Desklib provides access to similar solved assignments and study resources.

PERSONAL AND
PROFESSIONAL
DEVELOPMENT

Table of Content
• Introduction
• Description of professional field of interest
• Discussion and analysis of career paths
• Graph for illustrating career paths
• Identification of strengths/weaknesses and linking them with possible career paths
• Identifying possible challenges and ways to overcome them with strengths\
• Conclusion
• References

Introduction
• Personal and professional development can be termed
to an approach of assessing own knowledge, abilities
and skills by taking into consideration aims of life for
maximising true potential. “Finance” is chosen
professional field of interest in which areas of
working comprises of financial planning, money
management, commercial banking and hence forth.

Description of professional field of interest
• Career in “Finance” field is a rewarding
decisions of a student. The professional field of
finance takes natural abilities of an individual
and reward them with exciting together with
financially stable career.

Discussion and analysis of career paths
• Career path refers to group of jobs which involves usage
of similar skill sets. . For professional field of finance,
some of career paths are as discussed:
• Financial analysts
• Asset Management
• Risk management
• Corporate Finance
• Equity research

Graph for illustrating career paths
• Career paths in field of finance offers high
pay together with fast career placements to
students after graduation. Even in turbulent
situations, students’ graduation with finance
as majors continue to be in strong demand.

Identification of strengths/weaknesses and linking
them with possible career paths
• For making career in professional field of Finance, strengths of mine as a student and their
linkage with possible career paths are identified underneath:
• Analytical skill
• Forecasting skill

Identifying possible challenges and ways to
overcome them with strengths
• While pursuing career in professional field of Finance, there are various possible challenges
that are faced by a student. Following are certain possible challenges and how to overcome
them with strengths in field of finance are as identified:
• Limited visibility into essential drivers of business
• Inaccurate financial forecasts

Conclusion
• From the information in presentation paper, it is concluded that having knowledge about
professional field of interest, a student is able to select right job on the basis of their education,
talents addition to interests.

References
• Burnette, L., 2020. AGA's Government Finance Case Challenge Offers Students" Real World"
Experience. The Journal of Government Financial Management. 68(4). pp.58-59.
• Lambert, S. A., Herbert, I. P. and Rothwell, A. T., 2020. Rethinking the Career Anchors Inventory
framework with insights from a finance transformation field study. The British Accounting
Review. 52(2). p.100862.
• Mattia, L., 2018. The Rewards of a Career in Finance. In Gender on Wall Street (pp. 13-22). Palgrave
Macmillan, Cham.
• What Are the Benefits of Working in Finance. 2020. [Online]. Available through: <
https://worldfinancialreview.com/what-are-the-benefits-of-working-in-finance/>