Trace the path to establish yourself in your chosen profession, with obstacles and how to deal with them
Trace the path you expect to follow to establish yourself in your chosen profession, considering possible obstacles you may face and how you expect to deal with them.
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Business English MGT 201
Solution
I aspire to establish myself as a chartered accountant, and the path to this goal involves clear stages of preparation, practical experience, and perseverance through the obstacles I expect to face along the way.
- Completing my academic foundation: I plan to finish my BBS degree with strong grades in accounting and finance, building the theoretical base needed for professional-level study.
- Pursuing professional certification: After my bachelor's degree, I intend to enroll in the Chartered Accountancy (CA) program under the Institute of Chartered Accountants of Nepal (ICAN), which requires passing rigorous exams at multiple levels.
- Gaining articleship/practical training: Alongside my CA studies, I will complete the mandatory articleship under a licensed audit firm, gaining hands-on experience in auditing, taxation, and financial reporting.
- Building professional networks: I will attend seminars, workshops, and professional gatherings organized by ICAN and local business chambers to connect with practicing professionals and potential mentors.
- Obstacle — rigorous exam difficulty: the CA exams have a historically low pass rate, and I expect to face setbacks; I plan to deal with this through disciplined study schedules, joining study groups, and seeking guidance from those who have already qualified.
- Obstacle — financial constraints: professional courses and coaching classes can be expensive; I intend to manage this by taking up part-time bookkeeping or tutoring work during my studies to fund my education.
- Obstacle — competition in the job market: with many qualified accountants competing for limited positions, I plan to distinguish myself by gaining specialized knowledge in areas like taxation law or auditing software, which are in high demand.
- Obstacle — balancing work and study: managing articleship duties alongside exam preparation is demanding; I will address this by maintaining a strict weekly schedule and prioritizing consistent, focused study sessions over last-minute cramming.
- Gaining independent practice or employment: after qualifying, I aim to first work at an established audit firm to build credibility and experience before eventually considering independent practice or a senior finance role in a corporate organization.
- Continuing professional development: even after establishing myself, I plan to keep learning through continuing education programs, since accounting standards and tax laws change frequently and staying updated is essential to remaining competent in the profession.
Through this structured path — education, certification, practical training, and persistence through financial and academic obstacles — I expect to steadily establish myself as a trusted and competent professional in my chosen field.
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