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Results of Jung Typology Assessment - Personal Statement Example

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The paper "Results of Jung Typology Assessment" discusses the way to be employed for the job on the author's own experience, explains how benefits evaluating companies and industries’ economic performances for interested investors to make valuable investments, gives personal characteristics…
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Results of Jung Typology Assessment
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Personal Growth Portfolio 9th December Results of Jung Typology assessment: My Myers Briggs Position test My Myers Briggs Position tests result is ISFJ. ISFJs are usually quiet, gentle and thoughtful. They often think and consider their problems by themselves and solve it by own at first. However, when they have a hard question, they usually share some ideas with other people to help them solve it. ISFJ do not like to share their ideas with others so much. They have an own rich inner world. People under the ISFJ group always think carefully before making a decision to say or do something. They have good memories to learn some things, particularly with regard to people and about things that matter to people. ISFJ know how to relax themselves and be easy going, but they are sometimes lazy. They treat others with sensitive and warmth especially when they are the leaders. ISFJ make some action immediately when they “should” do something that what they need to do, but during the action, they will feel somewhat uncomfortable and unsure of themselves. ISFJs sometimes think negatively. They do not believe in fiction or unreal things; every action that happens to an individual is as a result of the individual’s actions and the individual has to think things through before acting. In my opinion, I agree with most of the answers from Myer’s Briggs Position test, however, some of the answers are not true about me and so I also do not believe some of the answers. An example to one of the contradicting answers is; the result of the test that says that ISFJ have good memories. I am not so good at memorizing things or something, especially memorizing historical terms. I also often share some ideas with others. So this test can show most of an individual’s characters but not all (Humanmetrics, 2011). A Job Description written in compliance with ADA Job Title: Financial Adviser The major role is to advice clients on financial matters to help them make decisions on the best ways to make use of their money. The adviser evaluates companies and industries’ economic performances for interested investors to make valuable investments (Prospects, 2011). Other Job Tasks Making presentations on investment Getting in touch with clients to organize meetings in the business premises, client’s homes or within the company office environment Gathering financial reports’ data and creating financial reports Carrying out comprehensive review of the clients’ financial situations, current prerequisite and future goals Guide customers on financial matters in order to make informed decisions Conducting research from various sources for information on existing products, new products, financial products’ providers and other matters affecting financial investment; or examining conditions of the market and analyzing the economic and social conditions to prepare plans suited for clients’ requirements Ensuring that information about financial products is up to date Keeping up to date with the legislation Setting objectives and strategies necessary for marketing and selling clients’ financial products as negotiated with the client Coordinating with necessary organizations or professionals such as solicitors, estate agents, valuers, Financial service providers on behalf of the client and for purposes of accomplishing the aims of the organization employed in. Communicate with clients on matters affecting their investments such as legislation changes and market conditions among so many others Negotiating on behalf of the client for the possible rates with product suppliers (prospects, 2011) Appropriate Knowledge, Skills and Abilities Needed For Dream Job Basic Requirements A bachelor’s degree in finance Coursework in economics, accounting and finance can be added Quantitative and analytical skills Certifications required: every financial adviser has to pass the series 7 exam. This exam is offered by FINRA. Additional credentials could also be required depending on the state and if as a financial adviser needs more senior positions (Kolakowski, 2011) Knowledge Financial advisers need to have knowledge on insurance, investments and tax laws. This knowledge is necessary for determining the best organization or area of investment for the clients; it therefore gives the advisers the information necessary for providing financial alternatives to those businesses and firms that will coordinate with the clients’ long term and short term goals. The adviser has to evaluate the estate plans, risk management, college funding, retirement plans and relevant investment options. This cannot be done without knowledge on tax laws, insurance and investments (HotCourses, 2011) Technological knowhow: The current world is changing rapidly and is characterized by changes in technology. The financial adviser has to have relevant technology knowledge that will be important in this position. Skills Relationship management skills: The adviser has so many people to relate to; the suppliers, the clients, financial institutions and other organizations. In order to coordinate well with other organizations and the client, he/she has to have relationship management skills. Communication skills: financial advisers need strong speaking, presentation and writing skills. From the above duties, financial advisers are required to make presentations on investments, communicate with clients on matters affecting their investments and write reports. All these need good communication skills. Management and sales skills: The financial adviser sometimes is required to market and sell the client(s)’ financial products as negotiated with the client. This requires good management and sales skills. Tenacity and ethics: The adviser will need to be trusted in order to handle client’s finances and investments. A financial adviser needs tenacity and ethics to build his reputation as a trustworthy and ethical adviser. This also contributes to his or her competitive personality (HotCourses, 2011). Problem solving skills: every job has problems therefore the adviser should be able to solve them without cracking under pressure. Organization skills: financial advising just like any other job requires efficiency, effective timing and budget management; these require organization skills. It is also important to stay organized when managing any project. There are several projects the financial adviser will be managing. He/she has different client’s investments to analyze, a market to analyze based on social and economic conditions and organizations to coordinate with while performing all these duties. The financial adviser will be dealing with analytical projects, if results cannot be produced in a timely manner, the accuracy of the final output will also be questioned even if it is accurate. Organization skills are required for easy access to information and even for easy management of ones work (HotCourses, 2011) Abilities Ability to manage projects: as indicated above, there are several projects to be managed and this requires an ability to manage them. Ability to pay attention to detail: This is important because every small change in the market may or may not change clients’ investments’ statuses. Ability to identify client’s problem and make appropriate decisions Ability to confidently make decisions under pressure and under uncertainty The financial adviser should know how to deal with dissatisfied clients and failure (Kolakowski, 2011) Personal Skills That Meet Job Requirements Currently, I am a junior business manager. The knowledge and skills I have that meet the requirements of a financial adviser are; People management skills Organization and governance skills Communication skills Marketing and strategic planning skills Risk management Knowledge on basic computer applications Basic accounting and budgeting applications These skills are some of the requirements but not all, not even the basic requirements for being a financial adviser has been fulfilled. Abilities: From the above assessment using Myers Briggs Position test, I belong to the ISFJ group. Some of the characteristics described by this test show my real characters while others do not. One contradicting characteristic is that the test indicates that ISFJs have good memories of people and things that matter to them. I am not good at memories especially those of historical terms. If this test is right, having a good memory is very important in this job. This job requires dealing with people and their investment, good memories of people and things that matter to them are important for paying attention to detail. ISFJ are usually quiet, gentle and thoughtful. This and the ability to know how to relax themselves and be easy going are very important. The job requires dealing with failure, dissatisfied clients, and making decisions under pressure. These qualities make me suitable for handling such a job. With more training and knowledge, my confidence will be improved and handling problems related to the job will not be difficult. ISFJs also think carefully before making a decision to say or do something. This is very important. The major role of a financial adviser is to guide clients to make informed decisions. Based on the requirements of the job; where the financial adviser has to analyze the market, the clients’ investments and other factors that may affect the clients’ investments, it is very important fr making informed decisions. When they are leaders, they treat people with sensitivity and warmth; this is good for client-financial adviser relationship. I am ISFJ and it is only the ability to memorize that does not match my character; the rest of the characteristics described are true about me, so the descriptions give details of my abilities to handle the job. Specific Training Needed To Become A Financial Adviser A bachelor’s degree in finance: this encompasses coursework in economics, accounting and finance and so I will not need to do such courses separately. I have some basic knowledge and currently, I am a business manager. I could have gone for specific courses that will give me specific skills needed, but I need to be competitive in the market. The bachelor’s degree is also inclusive of quantitative and analytical skills. It is better to have the bachelor’s degree than several courses needed to bridge the gap between my current knowledge and skills and those required for financial advising. I will however need certification from FINRA. A 5-Year Personal Growth Plan I would like to work for two more years before I go for further education. During these two years, my plan is to save for my college fees and make some middle class investments for my upkeep during my time in college. My college education (bachelor’s degree in finance) should take four years. I plan to take work less hours during this period and spend most of my time for classes. This will be from a certified college near my place of work or my home. Year Scheduled Activity 2012 (January-December) Start saving for investments and college fee 2013 (January- Continue saving, make appropriate investments 2013 (September-December) Make inquiries about registration and register for Bachelor’s degree in finance 2014 (January) Begin classes (depending on the college’s semesters) 2015 Continue with classes and work 2016 Continue with classes and work (The idea about this plan is obtained from Career Development Help, 2007) Works Cited Career Development Help. Planning Your Career Development Process: Your Roadmap to Success! 2007. Retrieved on 8th December 2011 from: http://www.career-development-help.com/planning-your-career-development-process.htm HotCourses. Financial Advisor. 2011. Retrieved on 8th December 2010 from: http://www.hotcourses.com/careers-uk/financial-advisorcareers/16180339/0/0/1141/rst/zone412/careersadvice.html. Human Metrics. Jung Typology assessment: My Myers Briggs Position test. 2011. Retrieved from: http://humanmetrics.com/ Kolakowski, Mark. Financial Advisor. 2011. Retrieved on 8th December 2011 from: http://financecareers.about.com/od/financialadvisor/a/finadvisor.htm. Prospects. Financial Adviser: Job description. 2011. Retrieved on 8th December 2011 from: http://www.prospects.ac.uk/financial_adviser_job_description.htm Read More
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