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Career Profile: Budget Analysts

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

Salary and Outlook

According to the US Department of Labor, there are 52,500 people employed as budget analysts in the United States. The median annual salary is $79,000. Entry level employees earn approximately $51,220 per year and senior employees earn approximately $121,360 per year.

Estimates do not include other potential benefits such as health insurance, overtime pay, or retirement benefits that may be offered by employers.

Job Duties

  • Perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
  • Seek new ways to improve efficiency and increase profits.
  • Testify before examining and fund-granting authorities, clarifying and promoting the proposed budgets.
  • Summarize budgets and submit recommendations for the approval or disapproval of funds requests.
  • Analyze monthly department budgeting and accounting reports to maintain expenditure controls.
  • Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
  • Direct the preparation of regular and special budget reports.
  • Provide advice and technical assistance with cost analysis, fiscal allocation, and budget preparation.
  • Compile and analyze accounting records and other data to determine the financial resources required to implement a program.
  • Review operating budgets to analyze trends affecting budget needs.
  • Interpret budget directives and establish policies for carrying out directives.
  • Match appropriations for specific programs with appropriations for broader programs, including items for emergency funds.
  • Consult with managers to ensure that budget adjustments are made in accordance with program changes.

Career List

Job Outlook


Total Current Jobs:
52,500
Annual Openings:
4,300
Increase in Openings by 2030:
5%
Annual Salary Range:
$51,220 - $121,360
Education Requirements:
Bachelor's degree