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Career and Education Opportunities for Cost Analysts in Cape Coral, Florida

Many educational and employment opportunities exist for cost analysts in the Cape Coral, Florida area. About 12,770 people are currently employed as cost analysts in Florida. By 2016, this is expected to grow by 29% to about 16,410 people employed. 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 $25 hourly or $54,040 yearly on average in Florida. In the U.S. as a whole, their income is about $27 hourly or $56,510 yearly on average. Cost analysts earn more than people working in the category of Adjustment and Analysis generally in Florida and more than people in the Adjustment and Analysis category nationally. People working as cost analysts can fill a number of jobs, such as: environmental marketing specialist, estimator project manager, and design consultant.

There are seven schools within twenty-five miles of Cape Coral where you can study to be a cost analyst, among eleven schools of higher education total in the Cape Coral area. Given that the most common education level for cost analysts is a Bachelor's degree, you can expect to spend about four years studying to be 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 Cape Coral 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

Lee County High Tech Center Central - Fort Myers, FL

Lee County High Tech Center Central, 3800 Michigan Ave, Fort Myers, FL 33916-2204. Lee County High Tech Center Central is a small school located in Fort Myers, Florida. It is a public school with primarily 2-year programs and has 657 students. Lee County High Tech Center Central has a one to two year program in Business Administration and Management which graduated eight students in 2008.

Edison State College - Fort Myers, FL

Edison State College, 8099 College Pky SW, Fort Myers, FL 33919-0000. Edison State College is a large college located in Fort Myers, Florida. It is a public school with primarily 4-year or above programs and has 13,252 students. Edison State College has an associate's degree program in Business Administration and Management which graduated twenty-four students in 2008.

Lee County High Tech Center North - Cape Coral, FL

Lee County High Tech Center North, 360 Santa Barbara Blvd North, Cape Coral, FL 33993-2479. Lee County High Tech Center North is a small school located in Cape Coral, Florida. It is a public school with primarily 2-year programs and has 250 students. Lee County High Tech Center North has a one to two year program in Business Administration and Management which graduated seven students in 2008.

Rasmussen College-Fort Myers - Fort Myers, FL

Rasmussen College-Fort Myers, 9160 Forum Corporate Parkway, Suite 100, Fort Myers, FL 33905-7805. Rasmussen College-Fort Myers is a small college located in Fort Myers, Florida. It is a private for-profit school with primarily 4-year or above programs and has 127 students. Rasmussen College-Fort Myers has an associate's degree and a bachelor's degree program in Business Administration and Management.

Hodges University - Naples, FL

Hodges University, 2655 Northbrooke Drive, Naples, FL 34119-7932. Hodges University is a small university located in Naples, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,922 students and an admission rate of 72%. Hodges University has associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated twenty-one, nineteen, and eleven students respectively in 2008.

Southwest Florida College - Fort Myers, FL

Southwest Florida College, 1685 Medical Lane, Fort Myers, FL 33907-1108. Southwest Florida College is a small college located in Fort Myers, Florida. It is a private not-for-profit school with primarily 4-year or above programs and has 1,478 students. Southwest Florida College has an associate's degree and a bachelor's degree program in Business Administration and Management which graduated thirty-one and seven students respectively in 2008.

Florida Gulf Coast University - Fort Myers, FL

Florida Gulf Coast University, 10501 Fgcu Blvd S, Fort Myers, FL 33965-6565. Florida Gulf Coast University is a large university located in Fort Myers, Florida. It is a public school with primarily 4-year or above programs. It has 10,217 students and an admission rate of 65%. Florida Gulf Coast University has a bachelor's degree and a master's degree program in Business Administration and Management which graduated 113 and sixty 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: Cape Coral, Florida

Cape Coral, Florida
Cape Coral, Florida photo by Boticario

Cape Coral is situated in Lee County, Florida. It has a population of over 156,835, which has grown by 53.3% over the last ten years. The cost of living index in Cape Coral, 88, is well below the national average. New single-family homes in Cape Coral are valued at $121,700 on average, which is far less than the state average. In 2008, two hundred one new homes were constructed in Cape Coral, down from seven hundred sixty-seven the previous year.

The three big industries for women in Cape Coral are health care, educational services, and accommodation and food services. 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 25 minutes. More than 17.5% of Cape Coral residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 5.7%, is lower than the state average.

The unemployment rate in Cape Coral is 13.0%, which is greater than Florida's average of 11.3%.

The percentage of Cape Coral residents that are affiliated with a religious congregation, 38.2%, is less than both the national and state average. Coral Ridge Baptist Church of Cape Coral, Jehovahs Witnesses Cape Coral Congregation and Cape Coral Alliance Church are some of the churches located in Cape Coral. The largest religious groups are the Catholic Church, the Southern Baptist Convention and the Assemblies of God.

Cape Coral is home to the Old Bridge Square and the Pine Island Plaza. Shopping centers in the area include Northshore Shopping Center, Coral Gate Shopping Center and Coral Pointe Shopping Center. Visitors to Cape Coral can choose from Casa Loma Motel On the Waterfront, Cape Coral Accommodations and Banyan Trace Community for temporary stays in the area.