briefly discuss your expectation concerning the professional progress (or steps) along the way that will lead you from your initial occupation and industry to the what you will be doing professionally at the end of your career.

Individual Career-Related Project: Due 2/11/2016 (Total Points= 50)

Part 1: Scenario Development
A. On Page 1 (on the top right hand corner, type your name)
With focus on your chosen occupation and industry, write a short “story”that begins with what you
anticipate to be initially doing professionally upon graduation and then 5 years after you
graduate from college. Then describe what you hope to be doing professionally at the end of your
career (i.e., at retirement year). Keeping in mind that your story is limited to one typed page
(double-lined spaced and 12 point font), briefly discuss your expectation concerning the
professional progress (or steps) along the way that will lead you from your initial occupation and
industry to the what you will be doing professionally at the end of your career.
Note, if you plan to go to graduate school, then this story should be about what you hope to
be doing professionally initially upon that graduate school graduation and then
5 years after you complete your graduate education.

B. On Page 2:
a. Identify and list 6 professional publications, of which:
Two are related to a general business perspective; Two are related to your scenario’s occupation;
Two are related to your scenario’s industry.
Note, for each publication provide the following information: title, publisher,
frequency of publication (e.g., weekly), the non-student annual subscription price, and the year
the publication was first published.
b. Name 3 companies, organizations, or institutions that could provide the opportunity for you to
do what you hope to do professionally 5 years after you graduate.
For each of those listed, provide their relevant web site address from which you coUld gather
additional information about employment opportunities.
C. On Page3: Focus on the occupation within which you hope to be 5 years after graduation. Now,
within the set of two publications related to a general business perspective and the set of two
publications directly related to your scenario’s occupation, find one article that
provides insight into the current (and/or forecasted) labor market conditions for that occupation.
Based on at least this article (and any other source material you may want to use),
provide a summary description of the current labor (and/or possible forecasted) market
conditions for your scenario’s occupation. This summary description is limited to one page
(double-line spaced and with 12 point font). Also, provide a copy (with source cited) of the
chosen article.
· The copy of the articiC should be attached at ·the end as an appendiX to your “Individual
Career-Related Project”.
D. On Page 4: Focus on the industry within which you hope to be working 5 years after graduation.
Now, within the set of two publications related to a general business perspective and the set of
two publications directly related to your scenario’s industry, find an article (i.e., it must be
a different article than that chosen above) that provides insight into the current
(and/or forecasted) economic conditions and trends for that industry. Based on at least
this article (and any other source material you may want to use), provide a summary description
of the economic conditions and trends for your scenario’s industry. This summary description
is limited to one page (double-line spaced and with 12 point font). Also, provide a copy (with
source cited) of the chosen article. The copy of the article should be attached at the end as an
appendix to your “Individual Career-Related Project”.

Part II. Financial Matters
A. On Page 5: This will build off your discussion in Parts I.C and I.D (i.e., on pages 3&4) in
which
you again focus on your occupation, industry, and now add your consideration to also include
location (i.e., you must now also list two chosen likely possible locations) and the listed
hypothetical employers (i.e., listed in B.b above).
a.for your occupation and industry, identify (indicate information source)
a realistic starting salary and also a salary after 5 years of experience. b. for your chosen
likely locations, identify (indicate information source)
The rental rate on an unfurnished two-bedroom apartment
The current housing prices on a 2500 sq. foot home
c. for your three hypothetical employers, provide a brief description and
comparison of the three “benefits packages” provided.
Note, this page should be double-line spaced and with 12 point font.
B. On Page 6: Based on the information provided in Part II.A, present a table that indicates
your Monthly Budgets for the first year of post-graduation employment and also one for after 5
years of employment. These “Budgets” should provide a clear description of how your income
will be allocated across expenditure categories (including taxes & savings, etc.).
C. On page 7:state the age at which you plan to retire and how much total accumulated savings you
feel that you will need to have at retirement in order for you to live as you desire to live during
your retirement years. With the remainder of the space on this page (double-line spaced and
with 12 point font) describe how you will accomplish this savings goal, including the
following:
1. If to achieve your goal, you must annually save/invest a certain amount, which can/will
vary over the life cycle, indicate how you are going to do that, especially given the various
constraints you may face along the way (e.g., school loans, marriage, purchase of first house,
Children, college educatiOn for children, your parents old age, etc.)
2.If your savings/investments goal must achieve some annual rate of return, which can (likely
will) vary over the life cycle, indicate how you plan to achieve that rate of return. That is,
describe your saving/investment portfolio and how you expect the composition of that portfolio to
vary over your life.

D. On page 8:
Present a table that describes at 5-year intervals (i.e., age 25, 30, 35, …, retire age),
your
expected income, amount of current annual savings/investments, current average rate of return,
and the current total accumulated savings/investment amount. Note, your disCussion on page 7
should.explain any differences Over time in your income, current annual savings/investment, and
current average rate of return.
E. Onpagc9:
For simplicity, assume now that your savings/investment portfolio includes only four mutual
funds (two in bonds and two in stocks)
List two companies from which you can buy your mutual funds (i.e., two mutual funds
from each firm)
For each company, list the names (and symbols) of the two mutual funds and provide
a brief description of each of the mutual funds’ objectives.
For each company, provide the expenses associated with acquiring and holding each of these mutual
funds
For each company, provide information concerning the returns made by each of these
mutualfunds_over .that last 1-yr and 5-yr. periods. . — …. E. The Appendixes
will follow page 9


ANSWER.

PAPER DETAILS
Academic LevelCollege (1-2 years: Freshmen, Sophomore)
Subject AreaEconomics
Paper Type Essay
Number of Pages9 Page(s)/2475 words
Sources0
Paper FormatMLA
Spacing
Double spaced

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