Potential career choices - Essay Example

Career Choices Introduction Career choice is a vital step in a person’s life. This is the step that needs the chooser to keep in mind some very essential aspects of his life (Bingham, Stryker & Bignham 37). These aspects may include; concern to the future, concern to the present, inborn skills and qualities, respect of the profession or career and many more (Lore 126). Careers I am Interested in The first and my favorite career choice is the Chartered Accountancy (CA). The choice I made is due to the vast scope and a respectful name of the profession.

A chartered accountant is a person who is a master in any of the four fields; Auditing, Taxation, Corporate laws and Consultancy services. Another career choice that attracts me is the MBBS which stands for Medicinae Baccalaureus, Baccalaureus Chirurgiae (in Latin words) while it is called Bachelor of Medicine, Bachelor of Surgery in English. Research and salary packages of the careers It is mentioned above; Chartered Accountancy is perfection in one of the aforesaid four subjects/fields. Choosing Audit from these four fields give the choice maker an opportunity to become an internal auditor of well-reputed organizations as well as an external auditor of various other organizations.

Services of external auditor are performed by the CA firms registered with the relevant authorities. Similarly Chartered Accountants in the field of taxation have the opportunity to seek attractive post in the revenue authorities of a country. Corporate laws experienced CAs are experts in all the rules and regulations related to the Companies Ordinances and Acts of respective countries. The salary packages of Chartered Accountants vary with the countries lived in and the industry structure of those countries.

For example, the average annual salary package for a Chartered Accountant is almost 58,000 USDs. Working conditions for a Chartered Accountant are generally good as he has to work indoors with not much long hours but the stress is always felt by him as he has the responsibility to make very important decisions all the time. My other career choice, MBBS, is abbreviated in several different ways. It is the combination of two different undergraduate first professional degrees. These degrees are awarded together to a student who graduates from a medical school in surgery and medicine.

The person qualifying MBBS becomes a doctor and then a specialist in a particular field with further respective courses. MBBS is a very respectful profession as a hardworking and patient-loving doctor is sometimes called as the life giver. Being a human, a doctor always needs to be ready for emergencies even if he is off-duty hence people around the whole world respects a doctor from the depth of their heart. Since MBBS is a wide range of different courses, therefore the salaries of MBBS doctors from different fields differ from each other.

However, an MBBS doctor’s salary ranges from 3031.6-25,305 USDs. Work conditions for a doctor are quite stressful as he may have to work in nights and on weekends in case there is an emergency. Career Requirements and work conditions Becoming a Chartered Accountant from the Institute of Chartered Accountants of Pakistan (ICAP) first requires a person to pass AFC level and then MFC level from the exams commenced by ICAP. After passing these two levels, the person is required by ICAP to spend 3.

5 years as a trainee student at any registered firm. This duration of three years is known as Articleship and at the same time the student is required to pass the other two modular exams (i.e., Module-E and Module-F). As soon as the student does both these, he is awarded with a certificate of Chartered Accountancy by the ICAP. Entry requirements for qualifying MBBS may vary between the course applied for and medical school. It is therefore important for the applicants to be aware of all the requirements of the institute from where they want to qualify MBBS.

Most of the medical schools oblige candidates to have A levels in chemistry, while some may agree upon AS level in chemistry, contingent upon the other certificates being offered. Some also require A level in biology. 2. The Future In my future, I see myself in the following manner: Living Working Lifestyle 3-5 years Living in hostels and hired flats with my friends for the sake of study environment. Working nowhere as I would just be a student in the said period. My lifestyle during the said period will be quite simple and focus will be paid to my studies.

5-15 years Living with my own family after seeking a job fair enough to keep my family with me. Working with a firm as a trainee or a complete chattered accountant. A little luxurious, roaming around with friends but also some time for studies. 15-30 years With the whole family. Working in a well-reputable multinational company as a financial analyst or financial advisor A perfectly luxurious life due to high salary and attractive salary packages. d. Yes, my career ideas completely support my lifestyle desires because a chartered accountant can spend his life as good as can be wished for.

With high salary packages and jobs of my own wish, it is quite possible for me to acquire and achieve what I want from my life. 3. Goals of my life Financial Career Lifestyle 1-5 years My financial goal for the coming 1-5 years would be to have a salary good enough to be independent of my family and earn for my educational expenses. Career objective for the next 1-5 years would be to qualify CA-inter at least so that I become able to join a CA firm for my articleships. A simple student life for the next 1-5 years spending it with my colleagues.

5-10 years To be financially strong enough to support my family for the basic necessities of life. I would like to see myself a qualified Chartered Accountant in the coming 5-10 years. Again a simple life but with a little joy of being with my family. 10-70 years Be very strong financially to have every desire fulfilled. Be a CFO of a well-known company and make progress by hard work and achieving desired goals. A well balanced and luxurious life with friends and family. Work Cited Bingham M , Stryker S & Bignham M.

 Career Choices: A Guide for Teens and Young Adults : Who Am I What Do I Want How Do I Get It (Revised edition). Academic Innovations, 1990. Print. Lore N. The Pathfinder: How to Choose or Change Your Career for a Lifetime of Satisfaction and Success (Revised edition). Touchstone, 2012. Print.