Identification of Proper Career Choice - Essay Example

Research Report Assisting a Client in a Career Choice Introduction: This report is intended to provide you guidance on the most suitable job for you.We find that you possess a Bachelor's degree in accountancy and business studies. This report compares the job market and your expectation in order to suggest you the best job. Nowadays, the role of both accountants and real estate agent is very wide in nature. In any kind of organization, the accounts and accounting work is crucial. So, the career opportunity for accountant is massive. Similarly, the opportunities for real estate agents are also hiking along with the reality sector boom. Even though the job market is promising for both accountants and real estate agents the ability, taste and preference of the candidates are the factors that determine the job that should be provided to them. Only then right persons can be placed on right job. In this report at first the various factors that are to be considered before selecting the job are studied in detail on the countries perspective. After that an analysis of the interview conducted with the you is done to help us determine which job suits you the most. Literature review Human Resource Management or HRM is playing a prominent role in the modern economy for taking an appropriate organizational or personal decision in a most significant manner. As far as an organization is taken in to consideration, human resources or the people belonging to an entity are the most valued asset. Personal management is quiet important, because the selection of right person for the right job is necessary to accomplish the goals and perform the work in a better manner. In this particular report, it is necessary to take a most appropriate decision about the career selection in the present scenario. At present, due to the modernization and change in values and living style, the standard of living of the society or people got changed a lot. As a result of which, the level of education also got improved. As far as an individual is taken in to consideration, employment is one of the key concepts in the present scenario. Identification of proper career choice is a key concept during the life time of humans. For the selection of a best suited career, requires a combination of knowledge, skill, experience, interests, and resources. Proper and effective utilization of theoretical knowledge and skills in to practical life is essential in this regard. In case of humans, it is important to set personal goals, which will accomplish during the life time through the proper career selection. While making recommendations about the better career selection, it is necessary to taken in to consideration certain areas like nature of the work, salary, working conditions, qualification, experience and Personality. All these factors can be studied in detail on the country's perspective at first. Nature of work: Nature of the work is the core factor that is to be considered at first. Nature of the work refers to the activity or work the employee should do when he is placed on a job. This is what an employee considers at first. While considering the post of accountant it can be seen that the accountant is left with the job of maintaining the day book and preparing the final accounts. But nowadays the scope of the job has been extended towards analyzing the financial data too. Real estate agents are those who act as middle man between the customer and real estate broker. The nature of job of a real estate agent is to find persons who are in need of apartments or any other property and to make them purchase the apartments or properties from the real estate broker whom he is contracted with. In simple words his duty would be to boost up the sales of real estate broker. "Real estate agent in America helps seller by marketing their properties and selling it for the highest possible price and on the other hand helps buyer in finding a real estate according to their needs and helps them in purchasing a property for the lowest possible price" (US Real Estate Agents, 2007). Salary: Well qualified personnel require an amount of salary which should be satisfactory enough. Whenever the working condition is taken in to consideration, it is also important while selecting a career. The salary offered for accountants in the country is attractive. In 2005 a person with bachelor's degree was offered an average salary of $43, 269. A student who has a post graduate degree can earn even more than this. "According to a salary survey conducted by the National Association of Colleges and Employers, bachelor's degree candidates in accounting received starting offers averaging $43,269 a year in 2005; master's degree candidates in accounting were offered $46,251 initially" (Accountants and auditors, 2005). In most cases the earnings of real estate agents are in the form of commission though there will be a nominal salary. The commission amount will depend on the value of the business made by them. When the agents bring more business to the broker he will be rewarded more commission as a percentage on the extra sales. The real estate agents in US have earned about $54, 770 along with commission. This varies according to the ability and skill of the agents. Working condition: The environment in which the organization is prevailing is a major concept. Moreover, the organization should be able to fulfill almost all personal requirements in a best suitable manner. Organization is responsible for ensuring the safety of the workers. In most of the case the accountants are made to work inside the office. Only in some cases where the accountants are appointed by any government agencies they need to travel. The self employed accountants work for more hours than the usual accountants. The working condition of a real estate agent is entirely different from that of an accountant. Though the real estate agent arranges the sale of the property through online portals he has to involve much of his time out of the office. They spend time outside inorder to show the properties to their potential clients. There is no fixed working hours for real estate agents. Qualification: In addition to this, qualification is also playing a great role in case of career selection. The minimum qualification required to acquire the post of accountant is a Bachelors degree in accounting or any other discipline that is related to accounting. Only then the person will be able to handle the work related to accounting. Both technical and educational qualification is essential for selecting a best suitable person. In case of an accountant, he should posses both theoretical and practical attachment towards the work. For a person to acquire job as real estate agents they should have crossed the age of 18, must surely be a high school graduate and he should definitely possess license. The license makes them a valid real estate agent for USA. The person should also do a course from any real estate schools that provide better understanding of the real estate scenario in the country. Real estate agent should have not only the educational qualification, but also he requires adequate communication skill while dealing with the relevant customers. The primary quality of a real estate agent is a very pleasing personality and good convincing skill. Experience: Experience is the next factor that should be considered in order to gain job in the two positions. Those who have good work experience in the field of accounting can fetch job with attractive salary packages. Nowadays the colleges are taking continuous effort to provide summer placements to their students so that they gain experience in the field. Usually experience is not a matter of concern for a person for him to be placed as a real estate agent. This post is the first step of a person to develop good career in the real estate field. Mostly fresh candidates are taken as real estate agents in by the real estate brokers. Experienced and smart real estate agents are also considered for the post of managers in the marketing departments by different companies. Now your taste and preference is learned in order to offer you the best job that is suitable for you. For this we have conducted an interview with you. A brief description regarding the interview is give below. Excerpts of interview with you: An interview is conducted with you in order to know your taste and preferences. The interview is conducted on a formal setting. It was conducted by our panel of experts. There were three members in the panel. The approach adopted in the interview was different for different expected results. For instance your salary expectation was known by asking you directly about that but the personality trait is measured through many indirect questions. When you were asked about the salary expectation you replied that the expected salary is around $60,000. This is quite a good amount and a salary that can be offered for an accountant post as well as the commission for a real estate agent. We know that you qualified enough for the post of an accountant. Further interview with you has shown that you are a person who would like to travel and meet people and learn different culture. You also have good communication skill. You managed to answer very smartly for the tricky questions of the interview board. We also considered the fact that you have got no work experience. Recommendation On the basis of the interview we would like to put foreword the following recommendations for you. 1) Real estate agent is the suitable job: Real estate agent is the suitable job for you even though you possess good qualification for the post of an accountant and your salary expectation will be met by it. We find that you like to travel and meet people which are an essential part to be played by a real estate agent. You convincing skill is very much helpful for the job as a real estate agent. 2) Growth in the career: You have good growth opportunity if you join as a real estate agent. An accountant is always placed in the seat of an accountant for the lifetime while an efficient real estate has the opportunity to be promoted as a marketing manager. You are efficient enough to gain this. 3) Obtain license: We recommend you to obtain the license to work as real estate agent as soon as possible. For this you need to join any agencies to get trained for the questions to be answered for obtaining license. Reference US Real Estate Agents. (2007). USA Real Estate Agent. Real Estate Zing. Retrieved December 6, 2007, from http://www.realestatezing.com/usa/real-estate-agents.html Accountants and auditors. (2005). Earnings. U.S. department of Labor. Retrieved December 6, 2007, from http://www.bls.gov/oco/ocos001.htm#earnings Read More