Career and Education Opportunities for Cost Analysts in Alaska
Alaska has a population of 698,473, which has grown by 11.41% over the past 10 years. Nicknamed the "Great Land," its capital is Juneau, though its most populous city is Anchorage.
If you want to be a cost analyst, the Anchorage, Alaska area offers many opportunities both for education and employment. There are currently 110 working cost analysts in Alaska; this should grow by 28% to 140 working cost analysts in the state by 2016. This is better than the nation as a whole, where employment opportunities for cost analysts are expected to grow by about 25.3%. Cost analysts generally prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service.
The income of a cost analyst is about $26 per hour or $54,940 per year on average in Alaska. In the U.S. as a whole, their income is about $27 per hour or $56,510 annually on average. Compared with people working in the overall category of Adjustment and Analysis, people working as cost analysts in Alaska earn more. They earn more than people working in the overall category of Adjustment and Analysis nationally. Jobs in this field include: building estimator, electrical estimator, and production cost estimator.
The Anchorage area is home to four schools of higher education, including four within twenty-five miles of Anchorage where you can get a degree as a cost analyst. Cost analysts usually hold a Bachelor's degree, so it will take about four years to learn to be a cost 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 in 2007. 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 Exhibit Support, the Fraternal Order of Alaska State Troopers, and the Alaska Association for Historic Preservation.
CITIES WITH Cost Analyst OPPORTUNITIES IN Alaska
JOB DESCRIPTION: Cost Analyst
In general, cost analysts prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. They also may specialize according to particular service performed or type of product manufactured.
Every day, cost analysts are expected to be able to articulate ideas and problems. They need to deal with basic arithmetic problems. It is also important that they listen to and understand others in meetings.
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.
- Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
- 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.
- Coroner. Direct activities such as autopsies, pathological and toxicological analyses, and inquests relating to the investigation of deaths occurring within a legal jurisdiction to determine cause of death or to fix responsibility for accidental, violent, or unexplained deaths.
- 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.
- Emergency Management Coordinator. Coordinate disaster response or crisis management activities, provide disaster preparedness training, and prepare emergency plans and procedures for natural, wartime, or technological disasters or hostage situations.
- 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.
- License Examiner. Examine, evaluate, and investigate eligibility for, conformity with, or liability under licenses or permits.
- 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.
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.