Developing your skills through coaching EFA

What is the primary goal of coaching?

• Teaching facts and concepts
  

• Giving advice and solutions
  

• Solving personal problems

• To unlock potential and help individuals take action

Which of the following is NOT a key aspect of coaching?

• Goal-setting

• Asking powerful questions

• Providing all the answers to a problem
  

• Active listening
  

How can coaching help finance students?

• By giving them free financial advice

• By improving leadership, accountability, and decision-making

• By replacing the need for formal education

• By telling them exactly what to do in their career

What is a key benefit of coaching?

• It makes decisions for you

• It only works for professionals, not students

• It encourages self-reflection and action-taking

• It’s a one-time conversation with no follow-up

How is coaching different from mentoring in economics, finance and accounting ?

• Coaching helps you find your own solutions, mentoring provides guidance from experience

• Coaching is only for senior professionals
  

• Mentoring involves asking more questions than coaching
  

• Coaching is only useful in sports, not finance

Which skill does coaching improve that is critical in economics, finance and accounting?

• Memorizing financial formulas
  

• Decision-making under uncertainty

• Increasing personal wealth instantly
  

• Learning how to avoid financial markets

Which of these coaching strategies is useful for students entering finance careers?

• Setting SMART goals

• Relying only on textbook knowledge
  

• Avoiding feedback and self-reflection

• Expecting instant career success without networking