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Career and Education Opportunities for Budget Analysts in Miami, Florida

There are many career and education opportunities for budget analysts in the Miami, Florida area. Currently, 2,980 people work as budget analysts in Florida. This is expected to grow 17% to 3,480 people by 2016. This is better than the nation as a whole, where employment opportunities for budget analysts are expected to grow by about 15.1%. Budget analysts generally examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

Budget analysts earn about $28 hourly or $58,380 annually on average in Florida and about $31 per hour or $65,320 yearly on average nationally. Incomes for budget analysts are better than in the overall category of Accounting and Auditing in Florida, and better than the overall Accounting and Auditing category nationally. People working as budget analysts can fill a number of jobs, such as: accountant, staff analyst, and budget officer.

There are ninety-eight schools of higher education in the Miami area, including nineteen within twenty-five miles of Miami where you can get a degree to start your career as a budget analyst. Given that the most common education level for budget analysts is a Bachelor's degree, you can expect to spend about four years studying 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 Miami 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.
  • Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
  • 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 Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
  • 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.
  • Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
  • 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 Phoenix-South Florida Campus - Plantation, FL

University of Phoenix-South Florida Campus, 600 N. Pine Island Road Suite 500, Plantation, FL 33324-1393. University of Phoenix-South Florida Campus is a small university located in Plantation, Florida. It is a private for-profit school with primarily 4-year or above programs and has 1,937 students. University of Phoenix-South Florida Campus has a bachelor's degree program in Accounting which graduated twenty-two students in 2008.

Barry University - Miami, FL

Barry University, 11300 NE 2nd Ave, Miami, FL 33161-6695. Barry University is a medium sized university located in Miami, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,364 students and an admission rate of 60%. Barry University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated eleven and six students respectively in 2008.
  • Finance, bachelor's degree which graduated 10 students in 2008.

College of Business and Technology-Hialeah Campus - Hialeah, FL

College of Business and Technology-Hialeah Campus, 935 West 49 Street # 203, Hialeah, FL 33012. College of Business and Technology-Hialeah Campus is a small college located in Hialeah, Florida. It is a private for-profit school with primarily 2-year programs and has 128 students. College of Business and Technology-Hialeah Campus has an associate's degree program in Accounting.

Everest University-Pompano Beach - Pompano Beach, FL

Everest University-Pompano Beach, 225 N. Federal Hwy., Pompano Beach, FL 33062. Everest University-Pompano Beach is a small university located in Pompano Beach, Florida. It is a private for-profit school with primarily 4-year or above programs. It has 614 students and an admission rate of 68%. Everest University-Pompano Beach has an associate's degree and a bachelor's degree program in Accounting which graduated eleven and seven students respectively in 2008.

Saint Thomas University - Miami Gardens, FL

Saint Thomas University, 16401 NW 37th Ave, Miami Gardens, FL 33054-6459. Saint Thomas University is a small university located in Miami Gardens, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,381 students and an admission rate of 65%. Saint Thomas University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree, postbaccalaureate certificate, and master's degree which graduated zero, five, and eight students respectively in 2008.
  • Finance, bachelor's degree which graduated 1 student in 2008.

Johnson & Wales University-Florida Campus - North Miami, FL

Johnson & Wales University-Florida Campus, 1701 NE 127th St, North Miami, FL 33181. Johnson & Wales University-Florida Campus is a small university located in North Miami, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,918 students and an admission rate of 63%. Johnson & Wales University-Florida Campus has an associate's degree and a bachelor's degree program in Accounting which graduated six and thirteen students respectively in 2008.

Keiser University-Ft. Lauderdale - Fort Lauderdale, FL

Keiser University-Ft. Lauderdale, 1500 NW 49th St., Fort Lauderdale, FL 33309. Keiser University-Ft. Lauderdale is a large university located in Fort Lauderdale, Florida. It is a private for-profit school with primarily 4-year or above programs. It has 11,305 students and an admission rate of 41%. Keiser University-Ft. Lauderdale has an associate's degree and a bachelor's degree program in Accounting which graduated sixty-two and five students respectively in 2008.

Florida Memorial University - Miami Gardens, FL

Florida Memorial University, 15800 NW 42 Ave, Miami Gardens, FL 33054-6199. Florida Memorial University is a small university located in Miami Gardens, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,813 students and an admission rate of 40%. Florida Memorial University has a bachelor's degree program in Accounting which graduated seven students in 2008.

City College - Miami, FL

City College, 9300 S Dadeland Blvd. Suite Ph, Miami, FL 33156. City College is a small college located in Miami, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 329 students and an admission rate of 61%. City College has an associate's degree and a bachelor's degree program in Accounting which graduated five and zero students respectively in 2008.

Miami Dade College - Miami, FL

Miami Dade College, 300 NE 2nd Ave., Miami, FL 33132-2297. Miami Dade College is a large college located in Miami, Florida. It is a public school with primarily 4-year or above programs and has 57,106 students. Miami Dade College has a one to two year and an associate's degree program in Finance which graduated one and eight students respectively in 2008.

University of Miami - Coral Gables, FL

University of Miami, University of Miami, Coral Gables, FL 33124. University of Miami is a large university located in Coral Gables, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 15,323 students and an admission rate of 39%. University of Miami has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated ten and eleven students respectively in 2008.
  • Finance, bachelor's degree which graduated 20 students in 2008.

College of Business and Technology - Miami, FL

College of Business and Technology, 8991 SW 107 Ave Ste 200, Miami, FL 33176-1412. College of Business and Technology is a small college located in Miami, Florida. It is a private for-profit school with primarily 2-year programs and has 60 students. College of Business and Technology has an associate's degree program in Accounting.

Atlantic Technical Center - Coconut Creek, FL

Atlantic Technical Center, 4700 Coconut Creek Pky, Coconut Creek, FL 33063-3902. Atlantic Technical Center is a small school located in Coconut Creek, Florida. It is a public school with primarily 2-year programs and has 1,091 students. Atlantic Technical Center has a less than one year program in Accounting which graduated twenty-eight students in 2008.

City College - Fort Lauderdale, FL

City College, 2000 W. Commerical Boulevard, Fort Lauderdale, FL 33309. City College is a small college located in Fort Lauderdale, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 441 students and an admission rate of 74%. City College has an associate's degree and a bachelor's degree program in Accounting which graduated five and four students respectively in 2008.

Nova Southeastern University - Fort Lauderdale, FL

Nova Southeastern University, 3301 College Ave, Fort Lauderdale, FL 33314-7796. Nova Southeastern University is a large university located in Fort Lauderdale, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 27,518 students and an admission rate of 45%. Nova Southeastern University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated twenty-eight and seventy-three students respectively in 2008.
  • Finance, bachelor's degree which graduated 21 students in 2008.

Technical Career Institute - Miami, FL

Technical Career Institute, 7757 West Flagler St, Suite 230, Miami, FL 33144. Technical Career Institute is a small school located in Miami, Florida. It is a private for-profit school with primarily less-than 2-year programs and has 880 students. Technical Career Institute has a less than one year program in Accounting which graduated sixteen students in 2008.

Robert Morgan Educational Center - Miami, FL

Robert Morgan Educational Center, 18180 SW 122nd Ave, Miami, FL 33177. Robert Morgan Educational Center is a small school located in Miami, Florida. It is a public school with primarily 2-year programs and has 1,254 students. Robert Morgan Educational Center has a one to two year program in Accounting which graduated five students in 2008.

College of Business and Technology-Flagler Campus - Miami, FL

College of Business and Technology-Flagler Campus, 8230 W Flagler St., Miami, FL 33144. College of Business and Technology-Flagler Campus is a small college located in Miami, Florida. It is a private for-profit school with primarily 2-year programs and has 147 students. College of Business and Technology-Flagler Campus has an associate's degree program in Accounting.

Florida International University - Miami, FL

Florida International University, 11200 S. W. 8 Street, Miami, FL 33199. Florida International University is a large university located in Miami, Florida. It is a public school with primarily 4-year or above programs. It has 34,159 students and an admission rate of 44%. Florida International University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated 173 and ninety-four students respectively in 2008.
  • Finance, bachelor's degree and master's degree which graduated thirty-seven and ninety-two students respectively in 2008.

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For more information, see the Dynamic Works Institute website.

LOCATION INFORMATION: Miami, Florida

Miami, Florida
Miami, Florida photo by Averette

Miami is located in Miami-Dade County, Florida. It has a population of over 413,201, which has grown by 14.0% in the past ten years. The cost of living index in Miami, 140, is far greater than the national average. New single-family homes in Miami cost $273,500 on average, which is near the state average. In 2008, thirty-seven new homes were built in Miami, down from seventy-three the previous year.

The three big industries for women in Miami are health care, accommodation and food services, and educational 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 28 minutes. More than 16.2% of Miami residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.7%, is lower than the state average.

The unemployment rate in Miami is 12.5%, which is greater than Florida's average of 11.3%.

The percentage of Miami residents that are affiliated with a religious congregation, 39.6%, is less than both the national and state average. Church of Resurrection, Church of the Ascension and Church of the Incarnation are all churches located in Miami. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the Seventh-Day Adventist Church.

Miami is home to the Edison West Little River Neighborhood Center and the Miamarina South Pier Light as well as Belle Meade Park and 54th Street Mini Park. Shopping malls in the area include Central Shopping Center, Northside Mall and Northside Shopping Center. Visitors to Miami can choose from AmeriSuites Miami / Kendall, Four Seasons Hotel Miami and Airways Airport Inn & Suites for temporary stays in the area.