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A bachelor’s degree is typically required to become a budget analyst, although some employers prefer candidates with a master’s degree.Education
Employers generally require budget analysts to have at least a bachelor's degree. However, some employers may require candidates to have a master’s degree. Because developing a budget requires strong numerical and analytical skills, courses in statistics or accounting are helpful. Federal, state, and local governments have varying requirements, but usually require a bachelor's degree in one of many areas, such as accounting, finance, business, public administration, economics, statistics, political science, or sociology.
Sometimes, budget-related or finance-related work experience can be substituted for formal education.Licenses, Certifications, and Registrations
Government budget analysts may earn the Certified Government Financial Manager credential from the Association of Government Accountants. To earn this certification, candidates must have a minimum of a bachelor's degree, 24 credit hours of study in financial management, 2 years of professional-level experience in governmental financial management, and they must pass a series of exams. To keep the certification, budget analysts must take 80 hours of continuing education every 2 years.Advancement
Entry-level budget analysts begin with limited responsibilities, but advancement is common. As analysts gain experience, they have the opportunity to advance to intermediate and senior budget analyst positions.Important Qualities
Analytical skills. Budget analysts must be able to process a variety of information, evaluate costs and benefits, and solve complex problems.
Communication skills. Budget analysts need strong communication skills because they often have to explain and defend their analyses and recommendations in meetings and legislative committee hearings.
Detail oriented. Creating an efficient budget requires careful analysis of each budget item.
Math skills. Most budget analysts need math skills and should be able to use certain software, including spreadsheets, database functions, and financial analysis programs.
Writing skills. Budget analysts must present technical information in writing that is understandable for the intended audience.
|Job Title||Company||Location||Start Date||Salary|
|SAP Nota Fiscal Analyst||Paccar Inc.||Renton, WA||Mar 06, 2016||$118,706|
|Associate Health Care Fiscal Analyst||State of New York, Department of Health||Albany, NY||Feb 14, 2012||$66,375|
|Associate Health Care Fiscal Analyst||State of New York, Department of Health||Albany, NY||Feb 14, 2011||$66,375|
|Senior Health Care Fiscal Analyst||State of New York, Department of Health||Albany, NY||Feb 14, 2011||$56,550|
|Fiscal Analyst||The University of Kansas||Lawrence, KS||Apr 13, 2014||$52,000|
|Senior Health Care Fiscal Analyst||State of New York, Department of Health||Albany, NY||Feb 13, 2011||$50,986|
|Fiscal Analyst I||Milwaukee Board of School Directors||Milwaukee, WI||Sep 16, 2016||$47,174 -
|Fiscal Analyst||Community Healthcare Network, Inc.||New York, NY||Sep 11, 2014||$45,900|
|Fiscal Analyst||South Carolina State University||Orangeburg, SC||Jun 15, 2011||$45,500 -
|Fiscal Analyst||The University of Kansas||Lawrence, KS||Jan 17, 2013||$45,000|
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