How To Become a Budget Analyst

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How Long Does It Take, What Degree Do You Need, and More

Budget Analysts

Budget Analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

Salary
$82690
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Job Growth

Personality
Interest Match



What degree do you need

Recommended degree level

Bachelor’s Degree

We did a survey to ask other Budget Analysts what degree they had when they became a Budget Analyst. Here are the results.
Bachelor’s Degree
63.99%


Associate’s Degree
10.63%


High School Diploma
10.06%


One of the most common questions that we always get is what major or degree do I need to become Budget Analysts or what courses do I need to take.

We also asked Budget Analysts what did they major in college or university and here are the top 5 most popular majors that came up.

Accounting
Accounting and Finance
Finance
Public Finance

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.



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How hard is it

Difficulty
Hard

You will need a considerable amount of work-related skill, knowledge or experience to be a Budget Analyst. For example, an accountant must complete 4 years of college and work for several years in accounting to be considered qualified.

Careers in this difficulty category will usually need several years of work-related experience, on-the-job training, and/or vocational training. These careers usually involve coordinating, supervising, managing, or training others. Similar careers include sales managers, database administrators, chemists, and art directors.


Related work experience required
2 to 4 years

2 to 4 years
42.37%


1 to 2 years
19.76%


4 to 6 years
12.63%


Job training
6 months to 1 year

6 months to 1 year
52.91%


1 to 3 months
19.2%


2 to 4 years
15.57%



License and certifications

Do you need any license or certification
Recommended but not required

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.


Skills required

We asked other Budget Analysts if they could only have 5 skills, what would they be. Here is what they said.

1. Reading Comprehension what does this mean
2. Active Listening what does this mean
3. Speaking what does this mean
4. Critical Thinking what does this mean
5. Judgement and Decision Making what does this mean

= Hot in-demand that most employers are looking for


Knowledge required

Just like any other job, you will need certain know-hows to excel at your job. Budget Analysts are generally very knowledgeable in these 5 key areas.

1. Economics and Accounting what does this mean
2. English Language what does this mean
3. Mathematics what does this mean
4. Administration and Management what does this mean
5. Computers and Electronics what does this mean


Learn more about Budget Analysts

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Salary
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Quiz

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Related to Budget Analysts Requirements

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