Career and Education Opportunities for Budget Analysts in Tucson, Arizona
If you want to be a budget analyst, the Tucson, Arizona area offers many opportunities both for education and employment. There are currently 1,550 working budget analysts in Arizona; this should grow 5% to about 1,630 working budget analysts in the state by 2016. This is not quite as good as the national trend for budget analysts, which sees this job pool growing by about 15.1% over the next eight years. In general, budget analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
A person working as a budget analyst can expect to earn about $28 hourly or $58,340 per year on average in Arizona and about $31 per hour or $65,320 annually on average in the U.S. as a whole. Earnings for budget analysts are better than earnings in the general category of Accounting and Auditing in Arizona and better than general Accounting and Auditing category earnings nationally. Jobs in this field include: fiscal officer, fiscal agent, and controller.
There are twenty-one schools of higher education in the Tucson area, including five within twenty-five miles of Tucson where you can get a degree to start your career as a budget analyst. Budget analysts usually hold a Bachelor's degree, so it will take about four years to learn to be a budget analyst if you already have a high school diploma.
CAREER 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.
Budget analysts furnish advice and technical assistance as well as cost analysis and budget preparation. They also examine budget estimates for completeness and conformance with procedures and regulations. Equally important, budget analysts have to inspect operating budgets to analyze trends affecting budget needs. They are often called upon to confer with managers to insure that budget adjustments are made in accordance with program changes. They are expected to direct the preparation of regular and special budget reports. Finally, budget analysts perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
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.
It is important for budget analysts to seek new ways to further optimize efficiency and increase profits. They are often called upon to interpret budget directives and establish policies for carrying out directives. They also match appropriations for specific programs with appropriations for broader programs, including items for emergency funds. They are sometimes expected to analyze monthly department budgeting and accounting reports to maintain expenditure controls. Somewhat less frequently, budget analysts are also expected to testify before examining and fund-granting authorities, clarifying and promoting the proposed budgets.
And finally, they sometimes have to perform cost-benefit analyses to compare operating programs, review financial requests, or explore alternative financing methods.
Like many other jobs, budget analysts must be thorough and dependable and have exceptional integrity.
Similar jobs with educational opportunities in Tucson 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.
- 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.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
EDUCATIONAL OPPORTUNITIES: Budget Analyst Training
University of Arizona - Tucson, AZ
University of Arizona, 1401 E University, Tucson, AZ 85721-0066. University of Arizona is a large university located in Tucson, Arizona. It is a public school with primarily 4-year or above programs. It has 38,057 students and an admission rate of 81%. University of Arizona has 2 areas of study related to Budget Analyst. They are:
- Accounting, bachelor's degree and master's degree which graduated zero and thirty-two students respectively in 2008.
- Finance, bachelor's degree and master's degree which graduated eleven and zero students respectively in 2008.
Brown Mackie College-Tucson - Tucson, AZ
Brown Mackie College-Tucson, 4585 E Speedway Blvd., Tucson, AZ 85712. Brown Mackie College-Tucson is a small college located in Tucson, Arizona. It is a private for-profit school with primarily 4-year or above programs and has 365 students. Brown Mackie College-Tucson has less than one year, one to two year, associate's degree, bachelor's degree, and postbaccalaureate certificate programs in Accounting which graduated five, zero, two, sixteen, and one students respectively in 2008.
Pima Community College - Tucson, AZ
Pima Community College, 401 North Bonita Avenue, Tucson, AZ 85709-5000. Pima Community College is a large college located in Tucson, Arizona. It is a public school with primarily 2-year programs and has 30,529 students. Pima Community College has less than one year, one to two year, and associate's degree programs in Accounting which graduated nine, six, and twenty-one students respectively in 2008.
University of Phoenix-Southern Arizona Campus - Tucson, AZ
University of Phoenix-Southern Arizona Campus, 300 S. Craycroft Road, Tucson, AZ 85711-4574. University of Phoenix-Southern Arizona Campus is a small university located in Tucson, Arizona. It is a private for-profit school with primarily 4-year or above programs and has 1,911 students. University of Phoenix-Southern Arizona Campus has a bachelor's degree program in Accounting which graduated twenty-nine students in 2008.
IIA College - Tucson, AZ
IIA College, 5441 E. 22nd St. Ste. 125, Tucson, AZ 85711-5444. IIA College is a small college located in Tucson, Arizona. It is a private for-profit school with primarily 4-year or above programs and has 405 students. IIA College has an associate's degree program in Accounting which graduated three students in 2008.
Fiscal Services - Accelerated Package: Fiscal Services - Accelerated Package course list: Better Requests for Proposals for Better Projects; Continuous Improvement Through Monitoring; Contracting; New Coding System for the 21st Century; Procurement; and Writing Winning Grant Proposals.
For more information, see the Dynamic Works Institute website.
LOCATION INFORMATION: Tucson, Arizona
Tucson is situated in Pima County, Arizona. It has a population of over 541,811, which has grown by 11.3% in the past ten years. The cost of living index in Tucson, 88, is well below the national average. New single-family homes in Tucson are priced at $179,100 on average, which is well below the state average. In 2008, five hundred sixty-five new homes were built in Tucson, down from 1,131 the previous year.
The three big industries for women in Tucson are health care, educational services, and accommodation and food services. For men, it is construction, accommodation and food services, and educational services. The average commute to work is about 22 minutes. More than 22.9% of Tucson residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 9.0%, is higher than the state average.
The unemployment rate in Tucson is 9.2%, which is less than Arizona's average of 9.3%.
The percentage of Tucson residents that are affiliated with a religious congregation, 44.9%, is less than the national average but more than the state average. The largest religious groups are the Catholic Church, the Southern Baptist Convention and the LDS (Mormon) Church.
Tucson is home to the Arizona Correctional Training Facility and the Silverbell Golf Course as well as Vista del Pueblo Park and Verde Meadows Park. Shopping centers in the area include Gaslight Square Shopping Center, Grant Park Shopping Center and Grant Plaza South Shopping Center. Visitors to Tucson can choose from LA Quinta, Casa Tierra Adobe B & B Inn and Best Western Executive Inn for temporary stays in the area.