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Career and Education Opportunities for Budget Analysts in Hawaii

Hawaii has a population of 1,295,178, which has grown by 6.90% over the past 10 years. Nicknamed the "Aloha State," Hawaii's capital and most populous city is Honolulu.

There are currently 450 jobs for budget analysts in Hawaii and this is projected to grow by 2% to about 460 jobs by 2016. This is not quite as good as 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 $30 per hour or $63,250 annually on average in Hawaii and about $31 hourly or $65,320 yearly on average nationally. Compared with people working in the overall category of Accounting and Auditing, people working as budget analysts in Hawaii earn more. They earn more than people working in the overall category of Accounting and Auditing nationally. Jobs in this field include: accountant, fiscal agent, and budget officer.

In 2008, there were a total of 873,749 jobs in Hawaii. The average annual income was $42,078 in 2008, up from $40,924 the previous year. The unemployment rate in Hawaii was 6.8% in 2009, which has grown by 2.8% since the previous year. About 26.2% of Hawaii residents have college degrees, which is higher than the national average.

The top industries in Hawaii include hotels, clothing accessories stores, and full-service restaurants. Notable tourist attractions include the Hawaii Army Museum Society US Army Museum, the Academy of Arts Honolulu, and the Ramsay Museum.

CITIES WITH Budget Analyst OPPORTUNITIES IN Hawaii


JOB 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.

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.

Similar jobs with educational opportunities in Hawaii 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.
  • 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.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

LOCATION INFORMATION: Hawaii

Hawaii
Hawaii photo by Christopher P. Becker

Hawaii has a population of 1,295,178, which has grown by 6.90% over the past decade. Nicknamed the "Aloha State," Hawaii's capital and biggest city is Honolulu. In 2008, there were a total of 873,749 jobs in Hawaii. The average annual income was $42,078 in 2008, up from $40,924 the previous year. The unemployment rate in Hawaii was 6.8% in 2009, which has grown by 2.8% since the previous year. Approximately 26.2% of Hawaii residents have college degrees, which is higher than the national average.

The top industries in Hawaii include hotels, clothing accessories stores, and full-service restaurants. Notable tourist attractions include the Iolani Palace, the Academy of Arts Honolulu, and the The Contemporary Museum.