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Career and Education Opportunities for Cost Analysts in Miami, Florida

Cost analysts can find many career and educational opportunities in the Miami, Florida area. There are currently 12,770 jobs for cost analysts in Florida and this is projected to grow by 29% to 16,410 jobs by 2016. 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.

Cost analysts earn about $25 hourly or $54,040 annually on average in Florida and about $27 hourly or $56,510 per year on average nationally. Earnings for cost analysts are better than earnings in the general category of Adjustment and Analysis in Florida and better than general Adjustment and Analysis category earnings nationally. Cost analysts work in a variety of jobs, including: job estimator, construction estimator, and sales engineer.

There are twenty-seven schools within twenty-five miles of Miami where you can study to be a cost analyst, among ninety-eight schools of higher education total in the Miami area. 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

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 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.
  • 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

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 associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated one, 187, and 129 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 Cost Analyst. They are:

  • Business/Commerce, bachelor's degree which graduated 1 student in 2008.
  • Business Administration and Management, bachelor's degree, postbaccalaureate certificate, and master's degree which graduated zero, zero, and ninety-five students respectively in 2008.

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 associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated thirty-six, twenty, and thirty students respectively 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 Business Administration and Management which graduated sixteen and twenty students respectively in 2008.

Florida National College - Hialeah, FL

Florida National College, 4425 West 20 Avenue, Hialeah, FL 33012. Florida National College is a small college located in Hialeah, Florida. It is a private for-profit school with primarily 4-year or above programs and has 2,398 students. Florida National College has an associate's degree program in Business Administration and Management which graduated thirty-eight students 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 Cost Analyst. They are:

  • Business/Commerce, bachelor's degree which graduated 223 students in 2008.
  • Business Administration and Management, bachelor's degree, master's degree, and doctor's degree which graduated 231, 701, and forty-five students respectively in 2008.

Sheridan Technical Center - Hollywood, FL

Sheridan Technical Center, 5400 Sheridan St, Hollywood, FL 33021. Sheridan Technical Center is a small school located in Hollywood, Florida. It is a public school with primarily 2-year programs and has 1,526 students. Sheridan Technical Center has a less than one year program in Business/Commerce.

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 2 areas of study related to Cost Analyst. They are:

  • Construction Engineering Technology/Technician, associate's degree which graduated 9 students in 2008.
  • Business Administration and Management, less than one year, one to two year, and associate's degree which graduated 208, seven, and thirty-six students respectively 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 a one to two year and an associate's degree program in Business Administration and Management which graduated zero and fourteen 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 associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated 184, ninety-three, and sixteen 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 Cost Analyst. They are:

  • Mechanical Engineering, bachelor's degree, master's degree, and doctor's degree which graduated twenty-eight, eleven, and one students respectively in 2008.
  • Business Administration and Management, bachelor's degree and master's degree which graduated twenty-six and 352 students respectively in 2008.

ITT Technical Institute-Miami - Miami, FL

ITT Technical Institute-Miami, 7955 NW 12th St, Ste 119, Miami, FL 33126. ITT Technical Institute-Miami is a small school located in Miami, Florida. It is a private for-profit school with primarily 4-year or above programs. It has 726 students and an admission rate of 34%. ITT Technical Institute-Miami has a bachelor's degree program in Business Administration and Management.

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 one to two year program in Business Administration and Management which graduated twenty-one students in 2008.

Brown Mackie College-Miami - Miami, FL

Brown Mackie College-Miami, 1501 Biscayne Blvd, Miami, FL 33132. Brown Mackie College-Miami is a small college located in Miami, Florida. It is a private for-profit school with primarily 4-year or above programs and has 153 students. Brown Mackie College-Miami has an associate's degree program in Business Administration and Management which graduated twenty 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 a one to two year and an associate's degree program in Business Administration and Management which graduated two and three students respectively in 2008.

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 4 areas of study related to Cost Analyst. They are:

  • Materials Engineering, master's degree which graduated 4 students in 2008.
  • Mechanical Engineering, bachelor's degree, master's degree, and doctor's degree which graduated forty-four, nine, and seven students respectively in 2008.
  • Construction Engineering Technology/Technician, bachelor's degree and master's degree which graduated forty-five and fifty-two students respectively in 2008.
  • Business Administration and Management, bachelor's degree, master's degree, and doctor's degree which graduated thirty-six, 256, and eight students respectively 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 a one to two year and an associate's degree program in Business Administration and Management which graduated four and zero students respectively in 2008.

Florida Education Institute - Miami, FL

Florida Education Institute, 5818 SW 8th St, Miami, FL 33144. Florida Education 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 245 students. Florida Education Institute has a less than one year program in Business Administration and Management.

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 Business Administration and Management which graduated eight students in 2008.

Trinity International University - Davie, FL

Trinity International University, 8190 West State Road 84, Davie, FL 33324. Trinity International University is a small university located in Davie, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 341 students and an admission rate of 67%. Trinity International University has 2 areas of study related to Cost Analyst. They are:

  • Business/Commerce, bachelor's degree.
  • Business Administration and Management, bachelor's degree which graduated 2 students in 2008.

Broward College - Fort Lauderdale, FL

Broward College, 225 E las Olas Blvd, Fort Lauderdale, FL 33301. Broward College is a large college located in Fort Lauderdale, Florida. It is a public school with primarily 2-year programs and has 33,527 students. Broward College has 2 areas of study related to Cost Analyst. They are:

  • Construction Engineering Technology/Technician, associate's degree which graduated 8 students in 2008.
  • Business Administration and Management, less than one year and associate's degree which graduated eighteen and forty-five students respectively 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 Business Administration and Management which graduated sixty-one and thirty-one students respectively in 2008.

Carlos Albizu University-Miami Campus - Miami, FL

Carlos Albizu University-Miami Campus, 2173 N.W. 99th Avenue, Miami, FL 33172-2209. Carlos Albizu University-Miami Campus is a small university located in Miami, Florida. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,094 students and an admission rate of 83%. Carlos Albizu University-Miami Campus has a bachelor's degree and a master's degree program in Business Administration and Management which graduated twenty-seven and twenty-four students respectively 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 Business Administration and Management which graduated sixteen and sixteen students respectively in 2008.

ITT Technical Institute-Fort Lauderdale - Fort Lauderdale, FL

ITT Technical Institute-Fort Lauderdale, 3401 S University Dr, Fort Lauderdale, FL 33328. ITT Technical Institute-Fort Lauderdale is a small school located in Fort Lauderdale, Florida. It is a private for-profit school with primarily 4-year or above programs. It has 807 students and an admission rate of 42%. ITT Technical Institute-Fort Lauderdale has a bachelor's degree program in Business Administration and Management.

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 a bachelor's degree and a master's degree program in Business Administration and Management which graduated 201 and forty-one students respectively in 2008.

DeVry University-Florida - Miramar, FL

DeVry University-Florida, 2300 SW 145th Ave, Miramar, FL 33027. DeVry University-Florida is a small university located in Miramar, Florida. It is a private for-profit school with primarily 4-year or above programs. It has 3,283 students and an admission rate of 88%. DeVry University-Florida has a bachelor's degree and a master's degree program in Business Administration and Management which graduated 108 and 112 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: 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.