EDU765 : Professional Orientation : Financial Service Industry
Question:
S.M.A.R.T. Goal- (Review what you have written, and craft a new goal statement based on what the answers to the questions above have revealed):
Plan to Achieve Goal: You need to include a clear and practical ‘step by step’ plan for achieving your identified goals above. The table below shows a format that you could use for your plan.
|
Goal Objectives |
Actions |
Time Frame |
Evaluation |
Finances |
|
Break your goal into smaller objectives or steps towards completing the larger goal. Make sure they are realistic. |
What specific and practical actions are needed to achieve each smaller goal objective? Research how you will go about achieving them. You may need to look outside the university. |
Set a time-frame for the achievement of each smaller goal objective. |
How will you know that each of your smaller goal objectives has been completed? |
Are there any financial considerations necessary for each smaller goal objective? What are the costs involved if you have to do other qualifications/courses? Will you need to have a budget? |
Answer:
Initial goals
The purpose of this report is to create a five year development plan in order to get a job in the finance sectors specifically in banking. In this regard, it requires some goals and objectives that facilitate the process of getting the job. Furthermore, there are also a timeline to achieve the milestones and objectives related to the job.
In this context, the initial goal is “to get a job in a finance or banking company within the next 5 years”.
SMART goals
Specific
I want to improve my efficacy in the financial service industry within the next five years. It can be argued that there are a number of determinants that are responsible to foster a better opportunity for getting the job.
Measurable
To measure the work progress I will make a time chart and try to maintain it as hard as possible. This time chart will ensure the goals and expectations regarding the job throughout the year.
Achievable
Working hard and committed to the scheduled fixed for achieving the goals will lead to achieve the aim.
Relevant
In course of this I will participate in several number of development programs and projects so that it will deliver an advantage for getting job in a financial service industry.
Time bound
As far as the process of getting job in a renowned financial service company, it can be stated that the process is time consuming because it is depended on a number of programs and projects.
New goal statement
The discussed SMART goals are clearly portrayed a process through which one pursue for a financial service job in a renowned company. However, it can be stated that the process will be time consuming and requires a number of measures to achieve the objective within the given time. Henceforth, a new goal is “to take effective measures and compete the goals within the given time”.
Plan to achieve goal
|
Goal Objectives |
Actions |
Time Frame |
Evaluation |
Finances |
|
Get in-depth knowledge regarding the financial industry. |
It requires studying articles and books regarding the financial service industry
|
1 year |
Daily evaluation or examination will bring better understanding regarding this. |
40$- 50$ |
|
It is better to get admission for a 2 year management course on financial industry |
2 year |
Annual examination |
$ 250 for course fee | |
|
Taking an interactive session with people who have previous experience in the financial sector |
1 month |
Question and answer |
$5 - $10 for the interview props | |
|
Developing leadership quality |
Taking initiatives in various team programs and game so that the leadership quality can be practised. |
1 year |
Discussion with the team members |
Zero cost |
|
Putting emphasis on the handling customers by doing internship. |
6 months |
The experience certificate of the company |
$150 for the internship | |
|
Adaptation of the knowledge of AI and block chain technology |
Get acknowledged with the process and mechanisms of the technology |
6 months |
Practice and analyse individually |
$150 for the necessary tools |
|
|
Join a crash course on automotive service to get more in-depth and relevant experience |
6 months |
Evaluate thorough practical assignments and examinations |
$ 100 course fee |
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