Deck 22: Appendix E Careers in Contemporary Business

Question 1

Visit one of the job Web sites such as CareerBuilder or Monster and research an industry in which you think you might be interested. Prepare a report on what you learned about the field. Was the site helpful? What types of jobs were available in the field? Based on your report, do you plan to pursue this industry or select another field?

Answer 1

Financial services refer to the commercial services delivered by the finance industry that encompasses a wide range of establishments. These include managing money, including credit card companies, credit unions, banks, insurance companies, stock brokerages, investment funds, consumer finance companies, and some government supported enterprises. The financial services industry represents 20% of the market capitalization of the S P 500 in the United States. From the period of 1947 to 2010, the income of finance industry as a proportion of GDP grew from 2.5% to 7.5% and the finance industry's percentage of all corporate revenue grew from 10% to 20%. , CareerBuilder was helpful in finding information about the finance industry and finding out the vacancies related to it.
Following jobs were available in the finance industry:
1) Commercial banking.
2) Asset management.
3) Hedge fund management.
4) Retail banking.
5) Risk Management.
6) Wealth management.
7) Investment banking.
8) FX Money market operations. , I plan to pursue finance industry operations as it fits my knowledge base and also interests me.

Question 2

Prepare your résumé following the procedures outlined earlier in this section. Exchange your résumé with a classmate so you can critique each other's resume. Then revise and proofread your résumé.

Answer 2

Arnold Stallone
17025 Lanker road, New York,
c: 455-989-1234 e: [e-mail]
Job Objective
To achieve a challenging position in the organization where I can employ my skills and grow to the management position.
PROFESSIONAL EXPERIENCE
Innx Foam, Inc., 2007-Present
Manager
• Accomplished daily operations of a $12 million from an Insulation Firm.
• Established an effective marketing promotion and restructured product pricing resulting in a 90% bid acceptance rate.
Indiana Rescue Officer , 1995-2006
Manager , (2004-2006)
• Network Manager --Managed control and command data network that used to produce video illustration of geographic area adjacent ship. Team comprised of 42 individuals from five departments.
• Production Regulator Officer --Organized the efforts of 150 workers utilizing 52,000 man hours, finished 320 jobs totaling over $9 million during 11 month restoration period.
EDUCATION
• MBA in Finance, Texas University.
• B.A. Business Economics: Harvard University.
• Integrated Project Course: Project Management College, New York.
AWARDS AND COMMENDATIONS
• Humanitarian Service Award
• Financial Aid Award

Question 3

Go online to the Web site for a specific company for which you might be interested in working. Click on the "Careers" or "Job Opportunities" section of the site, and read carefully the job descriptions for any entry-level positions and the procedure for applying for them. Also review any general information about career development at the firm. Write a cover letter as if you were actually applying for one of the jobs.

Answer 3

James Carter,
Human Resource Manager,
Deloitte,
United States
697 11EF
Sir,
I would like to apply for the Finance Analyst job as advertised by you. I am currently working on contract for Blue Financials and am now looking for a permanent position in an investment bank.
In my existing role, I am accountable for analyzing financial data for producing forecasts of industry, economic, and business conditions for the use in making investment decisions.
I am also responsible for business development that involves linking with investment bankers for attracting new corporate customers to securities firms and contacting brokers for discussing price and the future value of possible investments, so we can guide them on portfolio endorsements.
I enjoy the role so much that I would prefer to take up a position directly employed in an investment bank. I enjoy liaising with customers and recommending on the pricing of securities and recommending investments.
I will be available for the interview at any time to suit your needs, and hope to listen from you with regard to conversing on this chance further.
Yours faithfully,
Allison Johnson,
Tel. [phone]
E-mail: [e-mail]

Question 4

With a classmate, practice interviewing for the job you selected in the previous question. Prepare questions for each other and take turns interviewing and being interviewed. What parts of the interview did you handle well? What could you improve?

Question 5

Think about where you would like to be in your career in five years and write about your plans. Share your plans with the class, then seal them in an envelope. Keep the envelope and open it in five years to see how close you came to your predictions.