Construction Analysts don't work in the construction site per se. Most of their duties are done behind the desk. They monitor construction projects and loans, working with banks and suppliers to negotiate the best possible deals for their employer. They keep track of material and labor costs, so it helps to have financial expertise and practical knowledge of what is needed on the construction site.
Most employers require their Construction Analysts to have a college diploma. Construction Analysts in the United States commonly hold degrees in Business, Architecture, Finance, and Civil Engineering. Other qualifications include craft experience, mechanical knowledge, and a keen eye for detail.
The average Construction Analyst in the United States earns a yearly salary of $81,000. Although, those in Alaska, Washington, and Maine tend to make higher paychecks. Employers like the United States Department of Homeland Security, TRI Pointe Group, and Acadian Ambulance pay their Construction Analysts a highly competitive salary of $90,000 or more on average.
There is more than meets the eye when it comes to being a construction analyst. For example, did you know that they make an average of $37.78 an hour? That's $78,581 a year!
Between 2018 and 2028, the career is expected to grow 7% and produce 7,700 job opportunities across the U.S.
There are certain skills that many construction analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed craft experience, detail oriented and mechanical knowledge.
When it comes to the most important skills required to be a construction analyst, we found that a lot of resumes listed 35.2% of construction analysts included construction projects, while 10.3% of resumes included cost estimates, and 9.7% of resumes included real estate. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the construction analyst job title. But what industry to start with? Most construction analysts actually find jobs in the finance and retail industries.
If you're interested in becoming a construction analyst, one of the first things to consider is how much education you need. We've determined that 53.3% of construction analysts have a bachelor's degree. In terms of higher education levels, we found that 7.1% of construction analysts have master's degrees. Even though most construction analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become a construction analyst. When we researched the most common majors for a construction analyst, we found that they most commonly earn bachelor's degree degrees or associate degree degrees. Other degrees that we often see on construction analyst resumes include master's degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become a construction analyst. In fact, many construction analyst jobs require experience in a role such as project manager. Meanwhile, many construction analysts also have previous career experience in roles such as construction manager or owner.