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Career and Education Opportunities for Budget Analysts in Colorado Springs, Colorado

Many educational and employment opportunities exist for budget analysts in the Colorado Springs, Colorado area. There are currently 1,030 working budget analysts in Colorado; this should grow 12% to 1,160 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.

Budget analysts earn approximately $32 hourly or $67,070 annually on average in Colorado. Nationally they average about $31 hourly or $65,320 per year. Budget analysts earn more than people working in the category of Accounting and Auditing generally in Colorado and more than people in the Accounting and Auditing category nationally. Jobs in this field include: budget engineer, staff analyst, and fiscal agent.

The Colorado Springs area is home to nineteen schools of higher education, including seven within twenty-five miles of Colorado Springs where you can get a degree 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 Colorado Springs 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.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

EDUCATIONAL OPPORTUNITIES: Budget Analyst Training

National American University-Colorado Springs - Colorado Springs, CO

National American University-Colorado Springs, 5125 North Academy Boulevard, Colorado Springs, CO 80918-4001. National American University-Colorado Springs is a small university located in Colorado Springs, Colorado. It is a private for-profit school with primarily 4-year or above programs and has 277 students. National American University-Colorado Springs has an associate's degree and a bachelor's degree program in Accounting which graduated three and one students respectively in 2008.

Everest College-Colorado Springs - Colorado Springs, CO

Everest College-Colorado Springs, 1815 Jet Wing Drive, Colorado Springs, CO 80916. Everest College-Colorado Springs is a small college located in Colorado Springs, Colorado. It is a private for-profit school with primarily 2-year programs. It has 320 students and an admission rate of 63%. Everest College-Colorado Springs has an associate's degree program in Accounting which graduated seven students in 2008.

Colorado State University-Pueblo - Pueblo, CO

Colorado State University-Pueblo, 2200 Bonforte Blvd, Pueblo, CO 81001-4901. Colorado State University-Pueblo is a medium sized university located in Pueblo, Colorado. It is a public school with primarily 4-year or above programs. It has 4,579 students and an admission rate of 97%. Colorado State University-Pueblo has a bachelor's degree program in Accounting which graduated thirty-one students in 2008.

Colorado Technical University - Colorado Springs, CO

Colorado Technical University, 4435 N Chestnut Street, Colorado Springs, CO 80907-3812. Colorado Technical University is a small university located in Colorado Springs, Colorado. It is a private for-profit school with primarily 4-year or above programs and has 2,237 students. Colorado Technical University has associate's degree, bachelor's degree, and master's degree programs in Accounting which graduated four, four, and eight students respectively in 2008.

University of Phoenix-Southern Colorado Campus - Colorado Springs, CO

University of Phoenix-Southern Colorado Campus, 5725 Mark Dabling Blvd., Colorado Springs, CO 80919-2221. University of Phoenix-Southern Colorado Campus is a small university located in Colorado Springs, Colorado. It is a private for-profit school with primarily 4-year or above programs and has 474 students. University of Phoenix-Southern Colorado Campus has a bachelor's degree program in Accounting which graduated six students in 2008.

College America-Colorado Springs - Colorado Springs, CO

College America-Colorado Springs, 3645 Citadel Drive South, Colorado Springs, CO 80909. College America-Colorado Springs is a small college located in Colorado Springs, Colorado. It is a private for-profit school with primarily 4-year or above programs and has 425 students. College America-Colorado Springs has a bachelor's degree program in Accounting which graduated three students in 2008.

Colorado Technical University Online - Colorado Springs, CO

Colorado Technical University Online, 4435 N Chestnut-Ste E, Colorado Springs, CO 80907. Colorado Technical University Online is a large university located in Colorado Springs, Colorado. It is a private for-profit school with primarily 4-year or above programs. It has 26,134 students and an admission rate of 46%. Colorado Technical University Online has an associate's degree and a bachelor's degree program in Accounting which graduated 196 and 226 students respectively in 2008.

CERTIFICATIONS

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: Colorado Springs, Colorado

Colorado Springs, Colorado
Colorado Springs, Colorado photo by FlickreviewR

Colorado Springs is located in El Paso County, Colorado. It has a population of over 380,307, which has grown by 5.4% over the last ten years. The cost of living index in Colorado Springs, 86, is well below the national average.

The three most popular industries for women in Colorado Springs are health care, educational services, and accommodation and food services. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 21 minutes. More than 33.6% of Colorado Springs residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 12.2%, is higher than the state average.

The unemployment rate in Colorado Springs is 7.0%, which is greater than Colorado's average of 6.6%.

The percentage of Colorado Springs residents that are affiliated with a religious congregation, 37.1%, is less than both the national and state average. The largest religious groups are the Catholic Church, the Southern Baptist Convention and the Charismatic Churches Independent.

Colorado Springs is home to the Wilsons Ranch and the Flying W Ranch as well as Garden of the Gods and Acacia Park. Shopping malls in the area include Academy Center Shopping Center, Academy Place Shopping Center and Academy Place Shopping Center. Visitors to Colorado Springs can choose from Days Inn, Antlers Hilton Colorado Springs and Apache Court for temporary stays in the area.