Name: ___Nickolay________ Block: ___B__

Career Life Connections 12

Transition Planning Part One: Career Choice

Post – Secondary Life PLAN A:
MY PLAN A ________Software Engineer_______________
My Plan A: I enjoy solving mathematical problems and creating different coding
projects. I want complete financial independence in the future. I must
Consider: afford whatever I would like to do. I am good at coding, math, psychology,
❏ What do you enjoy? finances. But being good at those spheres is not a perfection. In other
❏ What sort of lifestyle do words, I must continuously improve my skill in all those areas.
you want?
❏ What are you good at?

Career Info that I have ▫ Upsides:

discovered…
Regular challenges
Consider:
Increasing difficulty of the tasks
❏ Upsides/downsides of
job High salary
❏ Job duties/ Career growth
responsibilities
❏ Salary range Big connections network
❏ Future outlook
Adaptability
❏ Lifestyle factors
❏ Advancement ▫ Downsides:
opportunities
Consistent changes of employers
High pressure
A lot of the time in front of the monitor
Regular migrations
▫ Salary range:

The average salary for software engineers in British Columbia, Canada, is

above the national average. The exact salary range can vary depending on
factors such as experience, location within BC, industry, and qualifications.
According to the BC Tech Association, the average salary for software
engineers in BC is around 86,000 CA$ per year, with entry-level engineers
earning approximately 50,000 CA$ to 70,000 CA$ per year, mid-level
engineers earning CAD 70,000 to CAD 100,000 per year, and senior
engineers earning CAD 100,000 to CAD 150,000+ per year. Salaries may
 also be influenced by the region within BC, with cities such as Vancouver
and Victoria having higher salaries due to their higher cost of living and the
higher demand for tech talent in these areas. Overall, the demand for
software engineers in BC is expected to remain high in the coming years,
which may lead to further increases in salaries for those in the field.
▫ Future Outlook:

The future outlook for software engineers is highly positive due to the
growing demand for their skills and the constant advancement of
technology. As businesses continue to digitize, there is an increasing need
for software engineers to develop and maintain software solutions.
Additionally, emerging technologies such as artificial intelligence, machine
learning, and blockchain are creating new opportunities for software
engineers to develop innovative solutions. The COVID-19 pandemic has
also accelerated the shift towards remote work, which has opened
opportunities for software engineers to work for companies worldwide.
Furthermore, the Canadian government has identified technology as a key
sector for growth, which may lead to further investment in the industry
and job opportunities for software engineers in Canada. Overall, the future
looks bright for software engineers, with a strong demand for their skills
and a constantly evolving technological landscape.
▫ Lifestyle factors:

A software engineer's job can have a significant impact on their regular

life. Long hours, tight deadlines, and high pressure to deliver can lead to
stress and limited work-life balance. However, software engineering can
also provide financial stability, opportunities for growth and learning, and
a sense of purpose and fulfillment in contributing to the development of
software solutions that improve people's lives. It is important for software
engineers to manage their stress levels, set boundaries, and take
advantage of opportunities for personal and professional development to
ensure a healthy work-life balance and overall wellbeing.

Three employability skills I 1. Proficiency in programming languages

possess that will support my
plan: Software engineers need to have a strong understanding of programming
languages like Python, Java, C++, and more.
2.Communication
Consider:
Effective communication skills are essential for software engineers, as they
❏ Soft and hard Skills need to be able to effectively communicate with team members and
required for position clients.
❏ Personal attributes
3.Teamwork
Software engineering is often a team effort, so software engineers should
be able to work effectively with others and collaborate towards a common
goal.
Education needed to pursue my Post-secondary:
plan:
I need diploma from Computer Informational Technology or Computer
Systems Technology programs. This diploma will give me an opportunity to
start my career. The most required thing for any software engineers is
Consider: their work experience. So, after the beginning of my career I must work as
❏ Courses/training/ much as possible. As for the requirements for those programs I need: Pre-
certificates needed Calculus 12(67% or more) and English 12 (67% or more).
❏ Post-secondary For my courses, I will choose Coursera website. They have a lot of different
requirements options to extend my qualifications.

Post-Secondary Life PLAN B:

MY BACKUP PLAN ___________Crypto Trader____________________

My Plan B:  As a crypto trader, my primary interest lies in the world of
cryptocurrencies. I find it fascinating to analyze the various
Consider:
cryptocurrencies and their market trends, as well as the underlying
❏ What do you enjoy? blockchain technology. The potential financial gains from successful
❏ What sort of lifestyle do you trades are also a significant motivator for me.
want?  In terms of lifestyle, I prefer a flexible schedule that allows me to
❏ What are you good at? monitor the markets and make trades at any time of the day or night.
This freedom gives me the opportunity to work remotely and travel
while still being able to trade cryptocurrencies from anywhere in the
world.
 I am good at analyzing market trends, identifying potential risks and
opportunities, and making informed decisions based on data and
research. I am disciplined, patient, and able to manage risk effectively.
Additionally, I am staying up to date with the latest developments in
the industry and be able to adapt quickly to changes in the market.

Career Info that I have discovered…  Upsides:

 Potential for high financial gains
 Flexible schedule and remote work opportunities
Consider:  Opportunity to work in a cutting-edge and rapidly evolving industry
 Downsides:
❏ Upsides/downsides of job
❏ Job duties/responsibilities  High volatility and risk in the cryptocurrency market
❏ Salary range  Lack of regulation and potential for frauds
❏ Future outlook  High stress and pressure to make successful trades
❏ Lifestyle factors  Gray-haired in thirties
❏ Advancement opportunities  Salary range:
The salary range for crypto traders can vary widely based on factors such as
experience level, location, and the size of the trading firm they work for.
According to various job search websites, the average salary for a crypto trader
in the United States is around $80,000 to $120,000 per year. However, top
earners in the field can make upwards of $250,000 or more annually. It is
worth noting that a huge portion of a crypto trader's income may come from
bonuses and commissions based on successful trades, which can add a
significant boost to their overall earnings.
 Future outlook:
The future outlook for crypto traders is generally positive as the
cryptocurrency market continues to grow and evolve. The increasing adoption
of cryptocurrencies by individuals and institutions has led to a surge in trading
activity, which is expected to continue in the coming years. One of the main
drivers of growth in the cryptocurrency market is the development of
decentralized finance (DeFi) platforms, which are built on blockchain
technology and allow for peer-to-peer lending, borrowing, and trading without
the need for intermediaries. DeFi platforms have seen explosive growth in
recent years, and this trend is expected to continue as more people adopt
cryptocurrencies and blockchain technology. However, the cryptocurrency
market is highly volatile and can be subject to sudden and unpredictable price
swings. This volatility can create both opportunities and risks for crypto
traders. To succeed in this field, traders will need to stay up to date with the
latest developments in the industry, remain adaptable to changes in the
market, and manage risk effectively.
 Lifestyle factors:
the job can have a significant impact on lifestyle due to the unique nature of
the work. The market for cryptocurrencies is open 24 hours a day, seven days a
week, which means that traders may need to be available to monitor the
market and make trades at any time of the day or night. This can result in
irregular working hours, and the need to be constantly connected to
technology to stay on top of market movements. The flexibility of the job can
also be an advantage for some traders, allowing them to work remotely and
manage their own schedules. This can offer more freedom and the ability to
travel or work from various locations if they have an internet connection and
access to their trading platform. However, the highly volatile nature of the
cryptocurrency market can also lead to prominent levels of stress and pressure
to make successful trades. Traders need to stay up to date with the latest
developments and be able to adapt quickly to changes in the market. This can
mean long hours and constant monitoring of market trends and news.
Three employability skills I possess 1. Critical thinking
that will support my plan:

Consider:
❏ Soft and hard skills required for
2. Experience with technical analysis and charting tools
position
❏ Personal attributes

3. Ability to manage risk effectively and make informed decisions based on

market data

Education needed to pursue my plan: There is no specific educational requirement to become a crypto trader, but a
background in finance, economics, computer science, or mathematics can be
helpful. A strong understanding of the cryptocurrency market and blockchain
Consider: technology is also essential. Many successful crypto traders have gained
experience through working in related fields, such as traditional finance, stock
❏ Courses/training/certificates trading, or programming. Others have taken courses or completed
needed certifications in cryptocurrency trading, blockchain development, or related
❏ Post-secondary requirements fields.
Some universities and colleges now offer courses in blockchain and
cryptocurrency, which can provide a solid foundation in the technology and
market dynamics of the industry. Additionally, there are a growing number of
online resources, webinars, and training programs available for individuals
looking to learn more about crypto trading.
Ultimately, becoming a successful crypto trader requires a combination of
education, experience, and an ability to stay up to date with the latest
developments in the market. A willingness to learn and adapt to changes in the
industry is also key to achieving success as a crypto trade