Five-Year Development Plan. My Career Development Plan Essay

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five-year development plan. My career development plan reveals my goals and objective and the strategies I will employ to achieve my goals and objectives. I am currently undergoing an undergraduate degree program with a major in accounting. My career goals and objectives reveal the career I intend to pursue within the next 5 years.

Career Goals and Objective

My career goal and objective is to become a chartered accountant. In the United States, UK and other countries of the world, professional accountant is one of the most sought professionals in the world. Virtually all small, medium and large organizations require a professional accountant to prepare their financial data and cost accounting structure. A professional accountant assists firms to use appropriate strategy to cut costs in order to achieve a competitive market advantages. Without the service of professional accountant, many organizations will run at a loss. Pursing a professional accounting career will assist me to achieve rapid growth in my career choice.

b. "Possible Promotional opportunities for Career Growth"

Accounting profession is a rewarding profession that will assist me to achieve a rapid growth. My bachelor degree in accounting will assist me to move into a management position in many companies and work as a management accountant. A management accountant is also cost accountant in middle and large companies. A first -- year cost accountant in a large company is expected to receive a salary of between $43,000 and $53,000 per year. However, within three to five years of working experience in accounting profession, I will be able to reach a position of financial controller of a large company where I would be able to earn between $72,000 and $99,950 per year.

Apart from the promotional opportunities that accounting profession could provide for me in private organizations, I also could enjoy possible promotional opportunities as public accountant in private and government organizations.

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Working with the government will make me to become a certified public accountant (CPA). In a private or government organization, I could start working as an auditor or staff accountant earning between $52,950 and $65,000. With 5 to 10 years of working experience, I will be earning a salary ranging between $92,000 and $126,000 per year.

I could also move into finance positions as a professional accountant. As a financial accountant, I will be able to assist companies to assess risks in order to comply with the government regulations. As a financial analyst, I could become a portfolio or fund manager earning a yearly income of $74,500 within 5 years.

c. "Methods for Career Management"

The strategic that I will use to manage my career management is to develop my skills in order to achieve my career goals and objectives. The best career management strategy is to finish my accounting degree. Finishing my accounting degree will assist me to achieve my career goal. After finishing my first degree, I will register for a profession accounting exam to become a certified accountant. After working for some years and acquire two or 3 years of working experience, I will further my education to obtain my Master degree in Business Administration (MBA) to reach a managerial position in a big organization.

d. "Inventory of Current Skills, Abilities, Training, and Education"

Presently, I could boast of several inventories in skills, education and abilities. With the few years as an accounting student in the university, I have been able to develop numeracy skills having the ability to understand, manipulate data as well as able to make use of statistical and numerical data. Moreover, I have also developed communication skills in both oral and written through seminar work and essay. I have also developed analytical skills with.....

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