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Career and Education Opportunities for Cost Analysts in Bridgeport, Connecticut

There is a wide variety of career and education opportunities for cost analysts in the Bridgeport, Connecticut area. There are currently 2,760 jobs for cost analysts in Connecticut and this is projected to grow 14% to about 3,140 jobs by 2016. This is not quite as good as the national trend for cost analysts, which sees this job pool growing by about 25.3% over the next eight years. 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.

Cost analysts earn approximately $31 hourly or $65,000 yearly on average in Connecticut. Nationally they average about $27 hourly or $56,510 yearly. Cost analysts earn more than people working in the category of Adjustment and Analysis generally in Connecticut and more than people in the Adjustment and Analysis category nationally. People working as cost analysts can fill a number of jobs, such as: estimator, construction job cost estimator, and sales engineer.

There are twenty-one schools within twenty-five miles of Bridgeport where you can study to be a cost analyst, among seventy-five schools of higher education total in the Bridgeport area. The most common level of education for cost analysts is a Bachelor's degree. You can expect to spend about four years training to become a cost analyst if you already have a high school diploma.

CAREER DESCRIPTION: Cost Analyst

Cost Analyst video from the State of New Jersey Dept. of Labor and Workforce Development

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 Bridgeport 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.

EDUCATIONAL OPPORTUNITIES: Cost Analyst Training

Central Connecticut State University - New Britain, CT

Central Connecticut State University, 1615 Stanley St, New Britain, CT 06050. Central Connecticut State University is a large university located in New Britain, Connecticut. It is a public school with primarily 4-year or above programs. It has 12,233 students and an admission rate of 60%. Central Connecticut State University has 2 areas of study related to Cost Analyst. They are:

  • Mechanical Engineering, bachelor's degree.
  • Business Administration and Management, bachelor's degree which graduated 112 students in 2008.

Monroe College-New Rochelle - New Rochelle, NY

Monroe College-New Rochelle, 434 Main St, New Rochelle, NY 10801. Monroe College-New Rochelle is a small college located in New Rochelle, New York. It is a private for-profit school with primarily 4-year or above programs. It has 2,153 students and an admission rate of 60%. Monroe College-New Rochelle has associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated seventy-seven, 100, and thirty-three students respectively in 2008.

University of Phoenix-Fairfield County Campus - Norwalk, CT

University of Phoenix-Fairfield County Campus, 535 Connecticut Ave, Norwalk, CT 06854-1700. University of Phoenix-Fairfield County Campus is a small university located in Norwalk, Connecticut. It is a private for-profit school with primarily 4-year or above programs and has 72 students. University of Phoenix-Fairfield County Campus has a master's degree program in Business Administration and Management which graduated one student in 2008.

Post University - Waterbury, CT

Post University, 800 Country Club Rd, Waterbury, CT 06723. Post University is a small university located in Waterbury, Connecticut. It is a private for-profit school with primarily 4-year or above programs. It has 1,687 students and an admission rate of 51%. Post University has an associate's degree and a bachelor's degree program in Business Administration and Management which graduated two and three students respectively in 2008.

University of Bridgeport - Bridgeport, CT

University of Bridgeport, 126 Park Avenue, Bridgeport, CT 06604-5620. University of Bridgeport is a medium sized university located in Bridgeport, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,323 students and an admission rate of 62%. University of Bridgeport has 3 areas of study related to Cost Analyst. They are:

  • Mechanical Engineering, master's degree which graduated 58 students in 2008.
  • Business/Commerce, bachelor's degree which graduated 9 students in 2008.
  • Business Administration and Management, less than one year and master's degree which graduated four and seventy-nine students respectively in 2008.

The College of New Rochelle - New Rochelle, NY

The College of New Rochelle, 29 Castle Pl, New Rochelle, NY 10805-2339. The College of New Rochelle is a medium sized college located in New Rochelle, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,087 students and an admission rate of 56%. The College of New Rochelle has a bachelor's degree program in Business/Commerce which graduated eleven students in 2008.

Yale University - New Haven, CT

Yale University, , New Haven, CT 06520. Yale University is a large university located in New Haven, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 11,420 students and an admission rate of 10%. Yale University has 2 areas of study related to Cost Analyst. They are:

  • Mechanical Engineering, bachelor's degree, master's degree, post-master's certificate, and doctor's degree which graduated nine, twelve, five, and four students respectively in 2008.
  • Business Administration and Management, master's degree, post-master's certificate, and doctor's degree which graduated 237, nine, and five students respectively in 2008.

Manhattanville College - Purchase, NY

Manhattanville College, 2900 Purchase St, Purchase, NY 10577. Manhattanville College is a small college located in Purchase, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,950 students and an admission rate of 52%. Manhattanville College has a bachelor's degree and a master's degree program in Business Administration and Management which graduated zero and fourteen students respectively in 2008.

SUNY Westchester Community College - Valhalla, NY

SUNY Westchester Community College, 75 Grasslands Road, Valhalla, NY 10595. SUNY Westchester Community College is a large college located in Valhalla, New York. It is a public school with primarily 2-year programs and has 11,090 students. SUNY Westchester Community College has an associate's degree program in Business Administration and Management which graduated 103 students in 2008.

Concordia College - Bronxville, NY

Concordia College, 171 White Plains Rd, Bronxville, NY 10708-1998. Concordia College is a small college located in Bronxville, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 706 students and an admission rate of 68%. Concordia College has an associate's degree and a bachelor's degree program in Business Administration and Management which graduated zero and fifty-six students respectively in 2008.

Albertus Magnus College - New Haven, CT

Albertus Magnus College, 700 Prospect St, New Haven, CT 06511-1189. Albertus Magnus College is a small college located in New Haven, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,115 students and an admission rate of 81%. Albertus Magnus College has associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated ninety-five, 199, and 155 students respectively in 2008.

Quinnipiac University - Hamden, CT

Quinnipiac University, Mt Carmel Ave, Hamden, CT 06518. Quinnipiac University is a medium sized university located in Hamden, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,413 students and an admission rate of 45%. Quinnipiac University has a bachelor's degree and a master's degree program in Business Administration and Management which graduated forty-eight and eighty-one students respectively in 2008.

Five Towns College - Dix Hills, NY

Five Towns College, 305 North Service Road, Dix Hills, NY 11746-5871. Five Towns College is a small college located in Dix Hills, New York. It is a private for-profit school with primarily 4-year or above programs. It has 1,163 students and an admission rate of 54%. Five Towns College has an associate's degree and a bachelor's degree program in Business Administration and Management which graduated three and 116 students respectively in 2008.

Norwalk Community College - Norwalk, CT

Norwalk Community College, 188 Richards Avenue, Norwalk, CT 06854. Norwalk Community College is a medium sized college located in Norwalk, Connecticut. It is a public school with primarily 2-year programs and has 6,266 students. Norwalk Community College has an associate's degree program in Business Administration and Management which graduated twenty-five students in 2008.

University of New Haven - West Haven, CT

University of New Haven, 300 Boston Post Road, West Haven, CT 06516. University of New Haven is a medium sized university located in West Haven, Connecticut. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,739 students and an admission rate of 68%. University of New Haven has 2 areas of study related to Cost Analyst. They are:

  • Mechanical Engineering, associate's degree, bachelor's degree, and master's degree which graduated zero, nine, and ten students respectively in 2008.
  • Business Administration and Management, bachelor's degree, postbaccalaureate certificate, master's degree, and doctor's degree which graduated fifty-three, zero, 195, and eight students respectively in 2008.

SUNY Maritime College - Throggs Neck, NY

SUNY Maritime College, 6 Pennyfield Avenue, Throggs Neck, NY 10465-4198. SUNY Maritime College is a small college located in Throggs Neck, New York. It is a public school with primarily 4-year or above programs. It has 1,602 students and an admission rate of 69%. SUNY Maritime College has a bachelor's degree program in Mechanical Engineering which graduated twelve students in 2008.

Western Connecticut State University - Danbury, CT

Western Connecticut State University, 181 White Street, Danbury, CT 06810-6826. Western Connecticut State University is a medium sized university located in Danbury, Connecticut. It is a public school with primarily 4-year or above programs. It has 6,316 students and an admission rate of 58%. Western Connecticut State University has 2 areas of study related to Cost Analyst. They are:

  • Business/Commerce, master's degree which graduated 20 students in 2008.
  • Business Administration and Management, bachelor's degree which graduated 94 students in 2008.

Iona College - New Rochelle, NY

Iona College, 715 North Ave, New Rochelle, NY 10801-1890. Iona College is a small college located in New Rochelle, New York. It is a private not-for-profit school with primarily 4-year or above programs. It has 4,375 students and an admission rate of 59%. Iona College has bachelor's degree, postbaccalaureate certificate, master's degree, and post-master's certificate programs in Business Administration and Management which graduated one, one, twenty-nine, and one students respectively in 2008.

Long Island University-Westchester Campus - Purchase, NY

Long Island University-Westchester Campus, LIU/Westchester Campus, 735 Anderson Hill Road, Purchase, NY 10577-1400. Long Island University-Westchester Campus is a small university located in Purchase, New York. It is a private not-for-profit school with primarily 4-year or above programs and has 290 students. Long Island University-Westchester Campus has a master's degree program in Business Administration and Management which graduated six students in 2008.

Southern Connecticut State University - New Haven, CT

Southern Connecticut State University, 501 Crescent Street, New Haven, CT 06515-1355. Southern Connecticut State University is a large university located in New Haven, Connecticut. It is a public school with primarily 4-year or above programs. It has 11,769 students and an admission rate of 63%. Southern Connecticut State University has a bachelor's degree and a master's degree program in Business Administration and Management which graduated 184 and sixty-one students respectively in 2008.

The College of Westchester - White Plains, NY

The College of Westchester, 325 Central Ave, White Plains, NY 10606. The College of Westchester is a small college located in White Plains, New York. It is a private for-profit school with primarily 4-year or above programs. It has 1,170 students and an admission rate of 76%. The College of Westchester has a one to two year and an associate's degree program in Business Administration and Management which graduated zero and ninety-two students respectively in 2008.

CERTIFICATIONS

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: Bridgeport, Connecticut

Bridgeport, Connecticut
Bridgeport, Connecticut photo by Xtremeyanksfan22

Bridgeport is located in Fairfield County, Connecticut. It has a population of over 136,405, which has shrunk by 2.2% in the past ten years. The cost of living index in Bridgeport, 151, is far greater than the national average. New single-family homes in Bridgeport are valued at $110,900 on average, which is far less than the state average. In 2008, twenty-six new homes were built in Bridgeport, down from forty-one the previous year.

The three big industries for women in Bridgeport are health care, educational services, and finance and insurance. For men, it is construction, administrative and support and waste management services, and accommodation and food services. The average commute to work is about 25 minutes. More than 12.2% of Bridgeport residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 4.6%, is lower than the state average.

The unemployment rate in Bridgeport is 12.1%, which is greater than Connecticut's average of 8.3%.

The percentage of Bridgeport residents that are affiliated with a religious congregation, 70.1%, is more than both the national and state average. Calvary Episcopal Church, Golden Hill United Methodist Church and Good Shepherd Christian Church are among the churches located in Bridgeport. The most common religious groups are the Catholic Church, the Episcopal Church and the United Church of Christ.

Bridgeport is home to the North Branch Bridgeport Public Library and the Challenger Learning Center as well as Went Field and Johnson Oak Park. Shopping centers in the area include Lafayette Shopping Plaza Shopping Center, Baldwin Plaza Shopping Center and Bayview Shopping Center.