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Behavioural Skills Lab

NAME:-MEHUL GUPTA
DIV 1
ROLL NO.:-47

GOAL:

• What do I want to accomplish? I want to work as a financial manager


in business sectors as well as in Public
• Why do I want to accomplish sector.
Specific this? For a happy and satisfied life.

• What are the requirements? Skill and Knowledge in the area of finance
• What are the constraints?
Lack of Experience and knowledge .

• How will I measure my By applying my knowledge in assessment given


progress? by college and as well as in Internship.
Measurable • How will I know when the goal When I see myself placed in my respective field
is accomplished? after applying best of my knowledge and skill
that I possess.

• How can the goal be Day to day learning and practicing the subject
accomplished? taught to me in my college as well as gaining
Achievable Indepth knowledge of topics which are required.
•What are the logical steps I Focus with full concentration about the
should take? respective subject taught to me in my college and
clear my doubts in which I am stuck.
Maintaining a book which will have a gist of my
strength and weakness regarding my subject.
Thinking about other ways of finding a better
solutions which will give me confidence in my
subject.
Yes, it is a worthwhile goal. I believe I
• Is this a worthwhile goal? can achieve it.
• Is this the right time? Yes, It is a right time because in terms of practice
Relevant I am applying my knowledge in day to day life
• Do I have the necessary
resources to accomplish this Yes, I do have necessary resources which I
goal? require to accomplish my goal it includes
Subject which I study from my college teachers
and books from library.
Is this goal in line with my long My Long term goal is to improve and update my
term objectives? knowledge and skills on daily basis which will
help me to deal with tough and inevitable
situations that will come across in my life.
I also want to implement my ideas regarding
financial plans which I have studied in my life
because it ultimately will be beneficial for my
future as well as for my self-growth
How long Will it take to I will require 2-3 years to accomplish this goal
accomplish this goal?

When is the completion of this I will most probably complete my goal in


Time-Bound goal due? 2023-24.In terms of day to day practice

When am I going to work on I am going to regularly work on my goal by


this goal? practicing it on daily basis.

Team lead of JP MORGAN

• What do I want to accomplish? Study marketplace trends, demographics


and microeconomic factors to help the
company make smart investments.on
Specific JUNE/JULY 2022
• Why do I want to accomplish
this? fully understand how and where a company has
invested its resources, as well as how secure and viable
that financial outlay will be going forward.
• What are the requirements?
Not only understand how current investments affect
the company, but also how those investments and
future financial interactions will impact short- and
long-term growth.

What are the constraints?


The financial analysis might be ambiguous without the
prior knowledge of the changes in accounting procedure

Inadequate access to venture capital, inflation and


rising interest rates.

• How will I measure my As an analyst, I must understand the risks and


progress? consequences that would result from any decision I make.
Measurable Most of the decisions I make will have a great impact on
the company. This impact can be positive or negative.The
impact will be helpful in measuring my progress.

• How will I know when the goal By increasing the company's value over time.
is accomplished? by producing and implementing financial
plans.

By Maximizing JP Morgan’s profit by


locating opportunities to invest, acquire a
competitor or develop new products.

By Building good and lasting relationships


with all my clients and ensured there were
systems and resources in place to deal with
any of their queries in less than 24-hours

• How can the goal be By reviewing JP Morgan’s financial


accomplished? reports and help them find ways to
Achievable
reduce their costs

•What are the logical steps I Setting targets for limiting overhead costs,
should take? production expenses and debt-serve
management as well as achieving specific
revenues, profit margins and gross profits

• Is this a worthwhile goal? Yes,the goal is worthwhile because I will be able


to provide best of my knowledge whenever
required.
Relevant As of now it’s a bit late for the initial
• Is this the right time?
Preparation but with the past records of the
company it will be quite easier for me to
monitor where I will give my important
suggestion that will ultimately boost JP Morgan’s
position in the market.

• Do I have the necessary


resources to accomplish this Yes I do have necessary resources to accomplish
goal? my Goal It includes
Cash Flow Management
Financial reports
JP Morgan’s budget
Is this goal in line with my long
term objectives?
Yes, I am in line with my long term goal if I
achieve my current goal I will focus on
budget variance analysis to decide if the
actual performance of the company is
meeting its projections, and if not, I will
help determine what changes should be
made in future.

• How long Will it take to The report analysis and budget will start on dates
accomplish this goal? specified by the company.It will take approx 5-6
months for me to accomplish my goal by
Time-Bound analysing all the records of the company.
• When is the completion of this The GOAL COMPLETION is due on JUNE-
goal due? JULY 2022

• When am I going to work on I will start working on it by end of January


this goal? onwards with my team and work with only
motive of providing maximum profit to JP
Morgan.

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