The two career paths that I will critically evaluate in this essay derive from the finance industry. I will use the financial bodies involved, which are the CISI and the ICAEW to portray the steps needed which may increase the chances of gaining access to the finance sector. One of my preferred career options is investment banking, I will talk about the capital markets programme provided by the CISI to gain exposure towards this career path. Another option as a career for me is corporate finance for which I will use the ICAEW to show the path which could lead to a career in this. The CISI and ICAEW have a joint association which makes the corporate finance qualification available to the CISI as well.
One of the benefits of completing the corporate …show more content…
In a conversation on the 6th of October with Ms Lloyd, she had informed me that the top investments banks may take on university graduates at an analyst level, however to become an associate or to progress further, a MBA can increase my chances of becoming employable (CISI, 2014a). This may cost in the range of £26,000-£57,000 (Lightfoot, 2013). Despite the preliminary financial burden, in my opinion, the starting costs may seem astronomical for a student such as myself; nevertheless the initial costs appear insignificant when looking at the level of salaries of a starting associate. Moreover, even if the capital markets programme costs higher than the corporate finance qualification, they cover a wide range of the financial instruments that I have a personal interest in, these include; derivatives, global securities as well as mergers and acquisitions. This therefore shows that a career in investment banking may be suited for myself over a career in corporate finance regardless of the initial costs due to my interests and desire to work in investment …show more content…
One of the reasons I feel that this would be suitable for me as a future career is due to the environment surrounding the finance sector: My interests in securities, M&A’s and my passion to work under a fast paced industry has steered my career pathway in this direction. Furthermore, regardless of the initial capital required to pursue this career, when I will have entered the industry, the salary potential far exceeds the amount required to get to this position as I will be able to recover the costs after two years of practice. One other reason that I chose the CISI pathway rather than the ICAEW pathway was because it does not meet my personal goals. To attain the certificate of corporate finance, I have to return to education with five years of industry experience. My personal goal is to complete my education by the age of
One of the benefits of completing the corporate …show more content…
In a conversation on the 6th of October with Ms Lloyd, she had informed me that the top investments banks may take on university graduates at an analyst level, however to become an associate or to progress further, a MBA can increase my chances of becoming employable (CISI, 2014a). This may cost in the range of £26,000-£57,000 (Lightfoot, 2013). Despite the preliminary financial burden, in my opinion, the starting costs may seem astronomical for a student such as myself; nevertheless the initial costs appear insignificant when looking at the level of salaries of a starting associate. Moreover, even if the capital markets programme costs higher than the corporate finance qualification, they cover a wide range of the financial instruments that I have a personal interest in, these include; derivatives, global securities as well as mergers and acquisitions. This therefore shows that a career in investment banking may be suited for myself over a career in corporate finance regardless of the initial costs due to my interests and desire to work in investment …show more content…
One of the reasons I feel that this would be suitable for me as a future career is due to the environment surrounding the finance sector: My interests in securities, M&A’s and my passion to work under a fast paced industry has steered my career pathway in this direction. Furthermore, regardless of the initial capital required to pursue this career, when I will have entered the industry, the salary potential far exceeds the amount required to get to this position as I will be able to recover the costs after two years of practice. One other reason that I chose the CISI pathway rather than the ICAEW pathway was because it does not meet my personal goals. To attain the certificate of corporate finance, I have to return to education with five years of industry experience. My personal goal is to complete my education by the age of