Budget Analyst Career Specializations
Budget Analysts are generally required to have a Bachelor Degree and often a Masters
degree is preferred. When working within the government a budget analyst can be
considered with the degree in any field. However within the private sector persons
with accounting, finance, and economics degrees may find employment opportunities
For governmental budget analysts there is an advanced certification available called
the Certified Government Financial Manager. This certification will require a certain
amount of on-the-job hours as well as 24 credit hours in financial management. This
certification can be gained through the Association of Government Accountants.
Budget Analyst Job Duties and Responsibilities
The range of job you do and responsibilities for the budget analyst is dependent
upon whether they work in the governmental or private sector as well as their experience
and position in the field. Because of the recent economic downturn and the belt
tightening measures taken by many companies the job duties of a budget analyst have
been expanded. The budget analyst makes suggestions to improve profits and improve
efficiency and they are vital even in economic downtrends. When working for nonprofit
organizations for governmental bodies in the budget analyst will be most concerned
about how to efficiently and appropriately distribute assets.
Budget Analyst Work Environment
Budget analysts can be found within private sector companies as well as nonprofit
and governmental organizations. They will normally work within environmentally controlled
office. Though usually a budget analyst with the normal office hours extended hours
may be necessary during peak periods, or for budget review periods. Generally the
budget analyst will work between a 35 and 44 hour work week.
Budget Analyst Employment Outlook and Opportunities
Job Growth for the Budget Analyst
The employment outlook for the person holding a budget analysts degree remains firm
with this particular business and finance industry experiencing about average job
growth at about 7 to 13% through the year 2016.
Employment Settings for the Budget Analyst
Budget Analysts can find employment within local state court governmental bodies.
Colleges, universities, and professional schools also employ budget analysts. Naturally
the private sector employees budget analysts as well.
How much does a Budget Analyst make – Budget Analyst Salaries and Wages
Earnings for Budget Analysts with 1 to 4 years experience are reported
to be around $47,789 yearly.
Earnings for Budget Analysts with 5 to 9 years experience are reported
to be around $64,588 yearly.
Earnings For Budget Analysts with 10 to 19 years experience are
reported to be around $80,368 per year.
How to Become a Budget Analyst
Major courses of study for a Budget Analyst program
Though there are no firm standards for the budget analyst degree throughout the
industry, there are some degree plans that will enhance the type of employment opportunities
available to the graduate. Achieving a bachelor's degree within financing, accounting,
public administration, statistics or economics will enhance the earning potential
and the job opportunities available to the graduate.
Career Advancement for the Budget Analyst
The budget analyst career is one way or time on the job is crucial for advancement
as well as advanced degrees such as a Masters degree. In government the certification
“Certified Government Financial Manager” can also help the budget analyst with career
Budget Analyst Career Considerations
Obviously, though requirements differ with the budget analyst between government
jobs and the private sector employment opportunities with budget analyst must have
a head for figures
You can use the links provided on this site to learn more about the exciting career
of a Budget Analyst and find schools offering degrees.