Personal and Professional Development: Finance Career Path Report

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Added on  2022/11/29

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This report delves into the crucial aspects of personal and professional development, emphasizing their significance in fostering career growth. It begins with a description of the professional field, specifically focusing on finance, and explores various career paths within it. The report outlines the importance of setting both short-term and long-term career goals to provide direction and facilitate action plans. A key element of the report is the use of a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) to evaluate the individual's capabilities and potential challenges. The analysis highlights strengths like strong calculation skills and problem-solving abilities while acknowledging weaknesses like communication and cost analysis skills. The report also identifies opportunities and potential threats related to these strengths and weaknesses. Furthermore, the report discusses challenges such as difficulties in fitting into an organization and facing interviews, offering solutions like improving communication skills and learning cost analysis. In conclusion, the report stresses the importance of continuous personal and professional development for career advancement, referencing various sources to support its findings.
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Personal and Professional
Development
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Table of content
Introduction
Description of professional field
Discussion and Analysation of career path
Use of graph to illustrate career path
Swot analysis
Identification of strength and their link with possible career path
Identification of possible challenges and discussion
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Introduction
Personal development and professional development help individual to
develop skills and learning which provide them career growth. These
developments are important for individual as it provide them
continuous growth and make them updated with current scenario.
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Description of professional field
Professional field refers to occupation which provide
opportunity of employment tin occupation to an
individual with completion of academic degree. There
are various professional field which provide various
option of a person. These field include information and
technology, finance, human resource, marketing, project
management, international business, accountancy.
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Discussion and Analysation of career
path
To develop career path in field of finance, a person needs to build career
goals. These career goals provide direction to individual and also helps
them to build action plan. By following career goals, a person can attain
ultimate goals of their life. There are two types of career goals which
include short term and long-term goals which are as follows:
Long term goals
Short term goals
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Use of graph to illustrate career path
These career path helps individual to understand their position and put
efforts in order to improve themselves to attain career goals.
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Swot analysis
Strength Weakness
I have strong calculation which is important skills to
build career in finance field as helps to solve
problems related to finances in academic.
I have problem skills which is important for
building career in any field including finance.
I do not have good communicate skills which make me
hesitated to speak in front of others.
I have lack of cost analysis which can affect my career
as it is one of important skills for field of finance.
Opportunity Threat
Problem solving skills and strong calculation skills
provide various career opportunity to me as it is
important for buiilding career.
Strong calculation also provides good grades to a
person which helps them to build their career as it
creates good impression in minds of employer.
One basis of my weakness interviews is one of problem
which can affect my career development. As due to
poor communication problem, I got problem related to
face interview.
It also creates problem related to fitting in organisation
as lack of cost analysis skills create problem for me in
organisation.
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Identification of strength and their
link with possible career path
Strength are those which provide opportunity to individual to build
their career. These strengths are linked with career path of individual
which are as follows:
Strong Calculations
Problem solving skills
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Identification of possible challenges
and discussion
Challenges:
There are various challenges occur in life of an individual which create
problem in career development of an individual which are as follows:
Problem in Fitting in
Problem to face interview
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Solutions: To overcome these challenges individual need to put various
efforts which helps them in building career and these are as follows:
Improve communication skills
Learning cost analysis
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CONCLUSION
From above mentioned project report, it can be concluded that
personal and professional development is important for growth of
individual in their life. To get these development opportunities, a
person needs to select one of professional field. There are various
professional field including finance, human resources, marketing,
information technology.
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