This document discusses career planning and its importance. It defines career as a long-term occupation undertaken to earn monetary benefits. Career planning consists of self-assessment, exploration, decision-making, taking action, and evaluation. The key steps in career planning are to assess one's interests, research options, make decisions, take action on goals, and continually evaluate progress. Career planning is important to capitalize on opportunities, succeed in a competitive world, and become a respected professional.

2. PRESENTATION
BY
UNIVERSITY OF KARACHI
KARACHI UNIVERSITY BUSINESS SCHOOL
MBA Banking & Finance 2014
Semester II

4. CAREER
PLANNING

5. What is career?
Career planning is an occupation or profession, that
one undertakes for a long period of his life time
&derive monetary benefits from it.
Example:
If some one is painting picture for long time, but
does not expect to gain any monetary reward will
be consider as Hobby rather than career.
Similarly if he paints & exhibits his painting in a
gallery for prospective buyers, then painting will be
consider as his profession.

6. What is career planning?
Career planning consists of activities and action
that you take to achieve your individual goals.
It is way by which one can achieve goals and
ambitions successfully.
It is a difference between success & failure which
always leads to satisfactory result.
It is a vision.

7. Career planning processes.
Career planning is simple process of self
analyzing, self upgrading & improvement.
Which leads you toward SUCCESS.
There are five steps to active planning.
Self Assessment
Exploration and Research
Decision making
Taking action
evolution

8. Self Assessment
Self assessment revolves around the
thoughtful consideration, reflection, and
evolution of your interests, personality
characteristics, values, and skills through
variety of methods, such as the use of a
whole host of career-related tools and
instruments.

9. Exploration and Research
The career planning component consisting of
exploration and research is all about being
in information gathering mode. This is the
time to explore, collect, and organize all
available resources to eventually begin
analyzing them to see what top option
arise.

10. Decision making
The decision making step of the career
planning process is when you put all the
pieces of information carefully collected
career information together as best as
possible to produce a list of career related
goals and options.

11. Taking Action
Taking action is one of those things that’s
easier said than done. This stage is about
literally being proactive with your career
plans and following through with what
you’ve decided on doing.

12. After you have made career related decisions
and indentified your goals, keep in mind
that many of the folks who achieve career
success are the one who continually
evaluate and assess their status. They keep
track of their career progress throughout
work.
Evolution

13. Tips for building a career
Realize your goals
Never stop learning
Ask, listen and learn
Fulfill your current job
Build your network
Prepare yourself

14. Importance of career planning
Why career planning is important?
o Second chances are very rare so we
have to capitalize on the opportunity
available to us.
o If you don’t plan you don’t succeed

15. Need of career planning
We live in competitive world, which
follow the policy of survival of the fittest
a.k.a “the law of jungle”. Where those
who are weak are crushed by mighty.
Career planning is a tool that makes a
person competitive.

16. An individual conduct a research & the result
lead to an increased awareness in the field of
interest.
Strives day and night to achieve the vision.
More chances of becoming a dignified and a
respected professionals.
Less chances of becoming the “Rotten
Tomato”
Benefits of career planning

17. Myths
Choosing a career is simple.
A career counselor can tell me what
occupation to pick.
Once I choose a career I will be stuck to
it.
If my (best friend or brother or uncle or
neighbor) is happy in particular field, I
will be too.

18. Source of planning
often students seeks out knowledge for career
planning from various channels. Some of
these channels are listed below.
Family & friends (guidance from elders,
cousins, & good friends.
Changing market trends (observation)
Professional counseling (teacher, professor,
& other various professionals)
Mass media (talk show, radio, etc)
Following in the shoes of role model
(influence)

19. Conclusion
Career planning is a must for every
individual in order to become
successful in life.
Career planning brings out the best
with in individual & helps utilize
persons skills & abilities to the
optimum level.