Career and Education Opportunities for Budget Analysts in Alaska
Alaska has a population of 698,473, which has grown by 11.41% over the past decade. Nicknamed the "Great Land," its capital is Juneau, though its largest city is Anchorage.
Anchorage, Alaska provides a wide variety of opportunities, both career and educational, for budget analysts. There are currently 290 working budget analysts in Alaska; this should grow by 5% to about 300 working budget analysts in the state by 2016. This is not quite as good as the nation as a whole, where employment opportunities for budget analysts are expected to grow by about 15.1%. Budget analysts generally examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
Budget analysts earn approximately $30 per hour or $63,760 annually on average in Alaska. Nationally they average about $31 per hour or $65,320 per year. Incomes for budget analysts are better than in the overall category of Accounting and Auditing in Alaska, and better than the overall Accounting and Auditing category nationally. People working as budget analysts can fill a number of jobs, such as: accountant, cost analyst, and accounting supervisor.
There are three schools within twenty-five miles of Anchorage where you can study to be a budget analyst, among four schools of higher education total in the Anchorage area. Given that the most common education level for budget analysts is a Bachelor's degree, you can expect to spend about four years studying to be a budget analyst if you already have a high school diploma.
In 2008, there were a total of 452,986 jobs in Alaska. The average annual income was $43,922 in 2008, up from $41,081 the preceding year. The unemployment rate in Alaska was 8.0% in 2009, which has grown by 1.5% since the previous year. Roughly 24.7% of Alaska residents have college degrees, which is higher than the national average.
The top industries in Alaska include oil extraction, transportation, and general merchandise stores. Notable tourist attractions include the Oscar Anderson House Museum, the Anchorage Historic Properties Inc, and the Alaska Native Heritage Center.
CITIES WITH Budget Analyst OPPORTUNITIES IN Alaska
JOB DESCRIPTION: Budget Analyst
In general, budget analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. They also analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
Every day, budget analysts are expected to be able to deal with basic arithmetic problems. They need to read and understand documents and reports. It is also important that they decide how to think about problems involving math.
Similar jobs with educational opportunities in Alaska include:
- Accountant. Analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.
- Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
- Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
- Business Management Analyst. Conduct organizational studies and evaluations, design systems and procedures, conduct work simplifications and measurement studies, and prepare operations and procedures manuals to assist management in operating more efficiently and effectively. Includes program analysts and management consultants.
- Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
- Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
- Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
- Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
- Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
- Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
- Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
- Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
LOCATION INFORMATION: Alaska
Alaska has a population of 698,473, which has grown by 11.41% in the last 10 years. Nicknamed the "Great Land," its capital is Juneau, though its biggest city is Anchorage. In 2008, there were a total of 452,986 jobs in Alaska. The average annual income was $43,922 in 2008, up from $41,081 the previous year. The unemployment rate in Alaska was 8.0% in 2009, which has grown by 1.5% since the previous year. About 24.7% of Alaska residents have college degrees, which is higher than the national average.
The top industries in Alaska include oil extraction, transportation, and general merchandise stores. Notable tourist destinations include the The Imaginarium, the Anchorage Historic Properties Inc, and the Exhibit Support.