Career and Education Opportunities for Cost Analysts in Fresno, California
Cost analyst career and educational opportunities abound in Fresno, California. There are currently 25,600 jobs for cost analysts in California and this is projected to grow by 22% to 31,200 jobs by 2016. This is not quite as good as 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.
Income for cost analysts is about $31 hourly or $64,620 per year on average in California. Nationally, their income is about $27 hourly or $56,510 annually. Cost analysts earn more than people working in the category of Adjustment and Analysis generally in California and more than people in the Adjustment and Analysis category nationally. Jobs in this field include: building estimator, production cost estimator, and job cost estimator.
There are twenty-four schools of higher education in the Fresno area, including nine within twenty-five miles of Fresno where you can get a degree to start your career as a cost analyst. Given that the most common education level for cost analysts is a Bachelor's degree, it will take about four years to learn to be a cost analyst if you already have a high school diploma.
CAREER 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.
Cost analysts confer with clients, vendors, personnel in other departments or construction foremen to consider and formulate estimates and resolve issues. They also talk with engineers, architects, owners, and contractors on changes and adjustments to cost estimates. Equally important, cost analysts have to analyze blueprints and other documentation to ready time and labor estimates. They are often called upon to ready estimates for use in selecting vendors or subcontractors. They are expected to ready estimates used by management for purposes such as planning, organizing, and scheduling work. Finally, cost analysts ready cost and expenditure statements and other needed documentation at regular intervals for the duration of projects.
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.
It is important for cost analysts to ready and maintain a directory of suppliers, contractors and subcontractors. They are often called upon to establish and maintain tendering process, and conduct negotiations. Somewhat less frequently, cost analysts are also expected to visit site and record data related to access, drainage and topography, and availability of services such as water and electricity.
Cost analysts sometimes are asked to visit site and record data related to access, drainage and topography, and availability of services such as water and electricity. And finally, they sometimes have to prepare cost monitoring and reporting systems and procedures.
Like many other jobs, cost analysts must be thorough and dependable and be able to absorb the factors involved and a problem and provide a well thought out solution.
Similar jobs with educational opportunities in Fresno 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.
EDUCATIONAL OPPORTUNITIES: Cost Analyst Training
Fresno City College - Fresno, CA
Fresno City College, 1101 E. University Ave, Fresno, CA 93741. Fresno City College is a large college located in Fresno, California. It is a public school with primarily 2-year programs and has 23,063 students. Fresno City College has less than one year, associate's degree, and two to four year programs in Business Administration and Management which graduated twenty-eight, fifty-six, and zero students respectively in 2008.
California State University-Fresno - Fresno, CA
California State University-Fresno, 5241 N Maple Ave, Fresno, CA 93740. California State University-Fresno is a large university located in Fresno, California. It is a public school with primarily 4-year or above programs. It has 22,613 students and an admission rate of 69%. California State University-Fresno has 3 areas of study related to Cost Analyst. They are:
- Mechanical Engineering, bachelor's degree which graduated 27 students in 2008.
- Construction Engineering Technology/Technician, bachelor's degree which graduated 60 students in 2008.
- Business Administration and Management, bachelor's degree and master's degree which graduated two and seventy students respectively in 2008.
Clovis Adult Education - Clovis, CA
Clovis Adult Education, 1452 David E Cook Way, Clovis, CA 93611. Clovis Adult Education is a small school located in Clovis, California. It is a public school with primarily less-than 2-year programs and has 2,429 students. Clovis Adult Education has a one to two year program in Business/Commerce which graduated thirteen students in 2008.
West Hills College-Lemoore - Lemoore, CA
West Hills College-Lemoore, 555 College Avenue, Lemoore, CA 93245. West Hills College-Lemoore is a small college located in Lemoore, California. It is a public school with primarily 2-year programs and has 4,101 students. West Hills College-Lemoore has an associate's degree and a two to four year program in Business Administration and Management which graduated thirty-four and zero students respectively in 2008.
University of Phoenix-Central Valley Campus - Fresno, CA
University of Phoenix-Central Valley Campus, 45 Riverpark Place West Suite 300, Fresno, CA 93720-1562. University of Phoenix-Central Valley Campus is a small university located in Fresno, California. It is a private for-profit school with primarily 4-year or above programs and has 1,800 students. University of Phoenix-Central Valley Campus has a bachelor's degree and a master's degree program in Business Administration and Management which graduated 154 and forty-one students respectively in 2008.
MCed Career College - Fresno, CA
MCed Career College, 2002 N Gateway Blvd, Fresno, CA 93727. MCed Career College is a small college located in Fresno, California. It is a private for-profit school with primarily less-than 2-year programs. It has 256 students and an admission rate of 92%. MCed Career College has a less than one year program in Business Administration and Management which graduated six students in 2008.
San Joaquin Valley College-Fresno - Fresno, CA
San Joaquin Valley College-Fresno, 295 E Sierra Ave, Fresno, CA 93710-3616. San Joaquin Valley College-Fresno is a small college located in Fresno, California. It is a private for-profit school with primarily 2-year programs and has 832 students. San Joaquin Valley College-Fresno has an associate's degree program in Business Administration and Management which graduated twenty-six students in 2008.
Reedley College - Reedley, CA
Reedley College, 995 N Reed Ave, Reedley, CA 93654. Reedley College is a large college located in Reedley, California. It is a public school with primarily 2-year programs and has 15,174 students. Reedley College has 2 areas of study related to Cost Analyst. They are:
- Business/Commerce, associate's degree and two to four year.
- Business Administration and Management, less than one year, associate's degree, and two to four year which graduated one, ten, and zero students respectively in 2008.
Fresno Pacific University - Fresno, CA
Fresno Pacific University, 1717 S Chestnut Ave, Fresno, CA 93702-4709. Fresno Pacific University is a small university located in Fresno, California. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,375 students and an admission rate of 76%. Fresno Pacific University has a bachelor's degree program in Business Administration and Management.
Certified Professional Estimator: The American Society of Professional Estimators (ASPE) has been certifying construction estimators for over thirty years.
For more information, see the American Society of Professional Estimators website.
Certified Anti-Money Laundering Specialist: CAMS certification is rrecognized by employers in both private industry and government.
For more information, see the Association of Certified Anti-Money Laundering Specialists website.
Certified Investment Management Analyst: The CIMA offers an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.
For more information, see the Investment Management Consultants Association website.
Certified Cost Estimator/Analyst : The Society's Certified Cost Estimator/Analyst (CCE/A) program provides a professional credential to SCEA members and nonmembers who demonstrate mastery of basic concepts and methods.
For more information, see the Society of Cost Estimating and Analysis website.
LOCATION INFORMATION: Fresno, California
Fresno is situated in Fresno County, California. It has a population of over 476,050, which has grown by 11.3% over the last ten years. The cost of living index in Fresno, 94, is below the national average. New single-family homes in Fresno are valued at $156,200 on average, which is far less than the state average. In 2008, 1,230 new homes were constructed in Fresno, down from 2,016 the previous year.
The three big industries for women in Fresno are health care, educational services, and social assistance. For men, it is construction, accommodation and food services, and administrative and support and waste management services. The average travel time to work is about 22 minutes. More than 19.0% of Fresno residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 6.1%, is lower than the state average.
The unemployment rate in Fresno is 14.8%, which is greater than California's average of 12.3%.
The percentage of Fresno residents that are affiliated with a religious congregation, 47.5%, is less than the national average but more than the state average. Pearlygrove Baptist Church, Peace Lutheran Church and Golden Harvest Church of God in Christ are all churches located in Fresno. The most prominent religious groups are the Catholic Church, the Assemblies of God and the Southern Baptist Convention.
Fresno is home to the Cribari Winery and the Aspen Hall as well as Beiden Field and Woodward Park. Shopping malls in the area include Figarden Shopping Center, First And Shaw Shopping Center and Fresno Fashion Fair Shopping Center. Visitors to Fresno can choose from Bedding & Fine Furniture, Best Budget Inn and Best Value Water Tree Inn for temporary stays in the area.