Perso 101 - Chapter 5

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INTRODUCTION TO

CAREER PLANNING
SELF-ASSESSMENT AND CAREER
EXPLORATION
01 02
4 KEY STEPS IN CAREER
DEFINITION
PLANNING
Career, Job, Occupation, and (1) Self-Awareness, (2) Exploring
Profession Defined your option, (3) Decision making
and Planning, and (4) Taking

03 04
Action

JOB OPPORTUNITIES CAREER DEVELOPMENT &


As an Economics graduate, CAREER MANAGEMENT
what are your options?
What is CAREER & 01.
CAREER PLANNING?
COMMON WORDS RELATED TO CAREER
CAREER
Career is a lifelong
PROFESSION journey in which an
individual learns skills,
A profession is a job and use those skills with
OCCUPATION requiring special training knowledge, and gain
JOB An occupation is a
and formal qualifications. experience in a particular
field or industry to earn
A job is a paid position of generalized word referred
money.
regular employment. It is to as a number of jobs that
when a person performs are done with similar
some tasks for the characteristics.
organization in exchange
for payment.
CAREER
According to the National Career Development Association:

● “Career: Time extended working out of a purposeful life pattern through work undertaken by the
person” (p. 6).
● Traditional Concept of Career
● The relationship of employer-employee was characterized by
an exchange of worker loyalty for the organization’s implicit
promise of job security.
● The vertically integrated hierarchical organizations provided
the opportunity for advancement through promotion up the
“corporate ladder”
CAREER
According to Hall and Mirvas (1996):

● “Protean Career”: “encompasses any kind of flexible,


idiosyncratic career course, with peaks and valleys, left
turns, moves from one line of work to another, and so
forth.
● PROTEUS GOD – a sea god in Greek Mythology
● Protean- “flexible”, “adaptive”, and “changeable”.
● The protean career represents a new type
of career contract in which careers are flexible,
dynamic and managed by the individual instead of the
organization.
CAREER

PLANNING
It is a multi-stage process that needs to
be thoroughly planned and executed to
reap the desired benefits.
• -it involves organizing your ideas and
managing your time to make things
happen in your future.
What are the 4 KEY 02.
STEPS / STAGES in
Career Planning?
STAGES OF CAREER PLANNING

SELF- DECISION- TAKING


EXPLORING
AWARENESS MAKING AND ACTION
YOUR OPTIONS
PLANNING
01.SELF-
AWARENESS
SELF-AWARENESS: GET TO KNOW YOURSELF BETTER

What things am I
passionate about?
01 03 What skills would you
(interests, hobbies, and like to learn or improve?
advocacies)

Understand what you When it comes to


have to offer (Identifying 02 04 workplace, what is
your STRENGHTS) important to me?

05
What have I achieved
already?
02.EXPLORING
YOUR OPTIONS
What options are available to you?
What do other graduates do?
CAREER OPPORTUNITIES FOR ECONOMICS GRADUATE

Statistician
Educator/ Instructor
Statisticians can work in nearly any industry, using
statistical calculations to answer questions for both public
Researcher and private organizations. Statisticians can work on projects
such as risk management, increasing efficiency in business
and more.
Business Journalist
Financial Adviser
Entrepreneur Personal financial advisors work with people to help them
achieve certain short and long-term financial goals. They
assess individuals’ financial standing and help them make
personal decisions on items such as savings, loans, stocks,
insurance and other investments.
Market Research Economic Consultants Economic consultants use analytical and research
skills to carry out studies regarding economic
Analyst scenarios. They analyze industry trends to help
organizations improve their performance. They
Market research analysts tap might work for organizations in a variety of
knowledge of industry trends to industries, including business, finance, healthcare,
assess how products or services education, the government, and more.
might fare under various
Credit Analyst
economic conditions. Credit analysts conduct microeconomic analyses
of prospective clients to assess the risks involved

Financial Analyst
with loaning funds to those people or businesses.
Credit analysts prepare reports summarizing their
Financial analysts research findings and suggest interest rates that are
companies, industries, stocks, appropriate to clients' risk profiles.
bonds, and other investment
Policy Analyst
vehicles for finance Policy analysts research and analyze issues that
departments. Their analyses impact the public and recommend legislation and
often require the advanced government intervention to address the problems.
quantitative skills possessed by Economic knowledge is critical to understanding
many economics majors. many of the issues and for creating affordable
solutions.
03.DECISION
MAKING AND
PLANNING
How are you going to achieve your goal (if you have decided what it is)?
How will you fit this career planning into your schedule along with your studies
and any other commitments you have?
CAREER PLANNING

Identify your PRIORITIZE


Careeer Options

 Develop a list of career options by -skills, interest, and other


examining your interests, skills, considerations such as personal
and values through self- preferences (such as
assessment. (1) location/proximity, level of difficulty)
 Do your part in Opportunity search
(2) - Create a refined list
CAREER PLANNING

MAKE Set ‘SMART’ goals


COMPARISONS
Specific -- Identify your goal clearly and
specifically.

CONSIDER OTHER FACTORS


Measureable -- Include clear criteria to
determine progress and accomplishment.
(EXTERNAL) Attainable -- The goal should have a 50 percent
 What is the current demand for this field? or greater chance of success.
 If the demand is low or entry is difficult, are you Relevant -- The goal is important and relevant to
comfortable with risk? you.
 What qualifications are required to enter the Time bound -- Commit to a specific timeframe.
field?
 Will it require additional education or training?
CREATE YOUR CAREER ACTION PLAN
NOTE: INTEGRATE CAREER PLANNING IN YOUR SCHEDULE

MON TUE WED THU FRI SAT SUN


04.TAKING
ACTION
CAREER 04.
DEVELOPMENT &
CAREER
MANAGEMENT
Career Management
Career Management is a life-long process of investing resources
to accomplish your future career goals. It is a continuing process
that allows you to adapt to the changing demands of our dynamic
economy.

Career Management: It is the process by which individuals can


make reasoned, appropriate decisions about their work life
Career Development
Career development as defined by the American Counseling
Association “is the total constellation of psychological,
sociological, educational, physical, economic, and chance
factors that combine to influence the nature and significance
of work in the total life span of any given individual” (Engels,
1994, p. 2).

Career Development is the lifelong process of managing


learning, work, leisure, and transitions in order to move
toward a personally determined and evolving preferred
future.

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