Course on Finance and Accounting

After short-listing different types of careers with my counselor, I came up with a career in Finance which I was curious about. This was the main reason for pursuing this course where I got to learn a lot of new things from it which I found very thrilling as well as interesting. The LO’s I have achieved when completing this course are given below:

LO-1:Identify own strengths and develop areas for growth

Being an enthusiastic learner in subjects like BM, I was always puzzled about what a career in finance would be like where I encountered several strengths and weaknesses. The strengths in pursuing this course were the maths involved where I was quite good with calculations. However, I was completely baffled to see new terms in various financial statements which I overcame by researching them on the internet.

LO-3:Demonstrate how to initiate and plan a CAS experience

As this course was very lengthy and time consuming, I had made a proper daily routine during my summer break where I could dedicate some time to learn the basics of finance as well as be committed to completing my IA’s and EE.

LO-2:Demonstrate that challenges have been undertaken, developing new skills in the process

The major challenge I have faced is the accounts part which is an integral part of finance. As this subject is not taught in the IB curriculum, I had to first see videos on YouTube to learn the basics of accounting which was a very tedious procedure. However, it was worth the time in developing and learning new skills as I found accounts quite interesting which kept me busy during my summer break.

LO-7:Students show awareness of the consequences of choices and actions in planning and carrying out CAS experiences

Finance and accounts is a meticulous subject that needs to be taken seriously with calculations and all. Preparing financial statements and analyzing them should be done with utmost sincerity and attention to detail as any slight error could have a huge impact on the overall financial position of any company.

EVIDENCE-