What does a budget analyst do?
Budget analysts prepare budget reports and monitor spending. Budget analysts help public and private organizations plan their finances. They prepare budget reports and monitor organizational spending.
Which certification is best for budget analyst?
Certified Public Accountant (CPA) certification
What is the best certification for a Budget Analyst? The Certified Public Accountant (CPA) certification is most common among Budget Analysts. This certification is awarded by the American Institute of Certified Public Accountants.
How does a budget analyst get experience?
To earn a CGFM credential, budget analysts must:
- Familiarize themselves with the AGA’s code of ethics.
- Apply and be accepted to the CGFM program.
- Pass three extensive examinations.
- Have a bachelor’s degree and at least two years of budgeting or financial management experience in government.
Do analysts make good money?
So, on average, financial analysts start out much better paid than the typical worker. In addition, financial analysts at the big Wall Street firms often make much more, even during their first year. In fact, earning total compensation of $140,000 or greater is a common goal for first-year analysts at investment banks.
What is a budget analyst salary?
71,590 USD (2015)Budget Analyst / Median pay (annual)
How long does it take to become a budget analyst?
Option 2 : Master’s Degree
| Degree | Time | Cost |
|---|---|---|
| Bachelor’s | 4 years | $54,040 – $133,672 |
| Master’s | 2 years to 3 years | $64,008- $91,648 |
| Certification | – | – |
| Total | 6 years to 7 years | $118,048- $205,320 |
Do you need a CPA to be a budget analyst?
Budget analysts may benefit from CPA certification, which qualifies holders to practice public accounting. To qualify for the CPA exam, candidates must meet certain education and experience requirements, which vary by state.
Are analysts in demand?
Skilled data analysts are some of the most sought-after professionals in the world. Because the demand is so strong, and the supply of people who can truly do this job well is so limited, data analysts command huge salaries and excellent perks, even at the entry-level.
How many hours do budget analysts work?
Work Environment Most budget analysts work between 35-44 hours weekly while a small percentage work more hours. Since they often must meet deadlines, working as a budget analyst can be a stressful job.
How do I become a budget analyst without a degree?
Even without formal college education or a bachelor’s degree, job candidates may be able to qualify for a limited number of entry-level budget analyst position. Some employers accept several years of relevant work experience as an alternative to formal education.