Experience Vs. Qualification Essay Example | Topics and Well Written Essays - 4250 words

Experience Vs. Qualification - Essay Example This misconception is not correct that experience matters more than qualification. Qualified graduates need not dishearten in the absence of experience. Accredited qualification helps in offering plenty of job opportunities; it is true for all streams of study, for example taking the stream of Town Planning in which every year 2000 students get graduated from universities with an RTPI-accredited planning degree (Parkes, 2011). Graduates stand more chances of selection by using various recruitment channels rather than depending solely on traditional methods. Students can no more depend on campus recruitment alone. Lack of experience should not discourage graduates. Some of the suggestions for getting jobs are graduation include: 1. Networking these days has become critical for getting recruited, as only one in five jobs are advertised. In the planning job scenario, the young planners’ network group which held even a speed networking event in Birmingham, could be the best platform for meeting the like-minded audience, prospective employers and create links that help in off-campus recruitment. 2. Graduate students need to maintain high level of awareness on current affairs and possess an insight of the policy decisions related to their subject taken by the government at various levels. It can provide an edge over others in the recruitment process. 3. Due to lack of experience, getting a job becomes additionally arduous task. Ideal way is to offer help to prove your calibre; it can realise in bigger gains. Initially, an employer could be unwilling to offer a permanent job but afterwards may find the services offered by the graduate indispensable to the organisation and could materialise in job offering; it has happened in many cases. 4. Lookout for the organisation that could offer you your dream job. Locate the person doing that dream job, and request their time to guide you on getting where they are today. Such people can offer better advice as they had been in similar position where a graduate finds himself. Chances of getting that dream job could brighten if your dream job is advertised and that guide recalls you to offer that opportunity. 5. Widen your knowledge circumference and work experience to be called for the waiting opportunity amid economic downturn and job competition. Your passion for the job to the prospective employers should be clearly visible while you are still amidst your study. Offer yourself to be a volunteer to charities and community organisations to lead their projects. The RTPl website can provide required assistance pertaining to recruitment agencies and guidance from those who have overseas experience, which can be worked out for getting a competitive edge (Parkes, 2011). Explanation of the Terms Qualification Before arguing in favour of qualification standing better prospects of job selection, a definition of qualification can help in comprehending how a qualifications framework in a given qualifications system can help graduates in selection. Werquin

Assignment Example | Topics and Well Written Essays - 750 words - 111

Assignment Example c) Inflation changes dramatically in the price level. When inflation rises to 4%, buyers will increase the present consumption expenditure and demand price levels raises and money loses its real purchasing power. a) Physical capital refers to the objects used by firms to produce its goods and services. They include machinery, buildings, and equipment. Financial capital refers to resources that are used to purchase those physical objects. The resources come from savings. b) Net investment refers to the amount of actual addition made to the capital stock of economy in a given time, while gross investment refers to the total amount of addition made to capital stock that represent the economy within a given period. c) Types of markets for financial capital include money market, capital market and third and fourth markets, which include foreign exchange, commodity and derivatives market. Their availability and development will depend on the policy a country sets to safeguard the money matters. d) There is a wide swing in prices of goods and services when the interest rates are low. Variation in asset prices changes with interest rates. The business executive knows how to best design ways into meeting the available demands and constant supply of products and services. The increase and decrease in prices of goods depend on profit margins. e) Firms have a number of factors to consider when making an investment decision. They consider the scale of investment, expected returns and the long and short-term effects on investment. The consumer preferences that demand more from the manufacturers usually create an awareness campaign to enhance profitability. f) The determinants of demand for loanable funds are an investment. It changes with interest rates. Those who require putting their money and time into investment in many occasions use loan facilities from banks. g) Household make saving decision by reducing spending and increasing