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Career and Education Opportunities for Budget Analysts in Fort Wayne, Indiana

Many educational and employment opportunities exist for budget analysts in the Fort Wayne, Indiana area. There are currently 560 jobs for budget analysts in Indiana and this is projected to grow by 3% to 580 jobs by 2016. This is not quite as good as the national trend for budget analysts, which sees this job pool growing by about 15.1% over the next eight years. In general, budget analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

Budget analysts earn approximately $29 per hour or $61,930 yearly on average in Indiana. Nationally they average about $31 per hour or $65,320 per year. Budget analysts earn more than people working in the category of Accounting and Auditing generally in Indiana and more than people in the Accounting and Auditing category nationally. Budget analysts work in a variety of jobs, including: budget officer, budget and policy analyst, and budget manager.

There are seven schools within twenty-five miles of Fort Wayne where you can study to be a budget analyst, among sixteen schools of higher education total in the Fort Wayne area. Budget analysts usually hold a Bachelor's degree, so it will take about four years to learn 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 Fort Wayne 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.
  • 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 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.

EDUCATIONAL OPPORTUNITIES: Budget Analyst Training

International Business College - Fort Wayne, IN

International Business College, 5699 Coventry Lane, Fort Wayne, IN 46804-7145. International Business College is a small college located in Fort Wayne, Indiana. It is a private for-profit school with primarily 4-year or above programs and has 620 students. International Business College has 2 areas of study related to Budget Analyst. They are:

  • Accounting, associate's degree which graduated 5 students in 2008.
  • Finance, associate's degree which graduated 7 students in 2008.

Brown Mackie College-Fort Wayne - Fort Wayne, IN

Brown Mackie College-Fort Wayne, 3000 E.Coliseum Blvd., Fort Wayne, IN 46805. Brown Mackie College-Fort Wayne is a small college located in Fort Wayne, Indiana. It is a private for-profit school with primarily 4-year or above programs and has 1,330 students. Brown Mackie College-Fort Wayne has a less than one year and an associate's degree program in Accounting which graduated one and two students respectively in 2008.

University of Saint Francis-Ft Wayne - Fort Wayne, IN

University of Saint Francis-Ft Wayne, 2701 Spring St, Fort Wayne, IN 46808-3994. University of Saint Francis-Ft Wayne is a small university located in Fort Wayne, Indiana. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,112 students and an admission rate of 47%. University of Saint Francis-Ft Wayne has a bachelor's degree program in Accounting which graduated five students in 2008.

Indiana Business College-Ft Wayne - Fort Wayne, IN

Indiana Business College-Ft Wayne, 6413 N Clinton St, Fort Wayne, IN 46825-4911. Indiana Business College-Ft Wayne is a small college located in Fort Wayne, Indiana. It is a private for-profit school with primarily 4-year or above programs. It has 570 students and an admission rate of 100%. Indiana Business College-Ft Wayne has a one to two year and an associate's degree program in Accounting which graduated two and six students respectively in 2008.

Indiana Institute of Technology - Fort Wayne, IN

Indiana Institute of Technology, 1600 E Washington Blvd, Fort Wayne, IN 46803-1228. Indiana Institute of Technology is a small school located in Fort Wayne, Indiana. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,462 students and an admission rate of 74%. Indiana Institute of Technology has an associate's degree and a bachelor's degree program in Accounting which graduated six and sixty-five students respectively in 2008.

Huntington University - Huntington, IN

Huntington University, 2303 College Ave, Huntington, IN 46750. Huntington University is a small university located in Huntington, Indiana. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,211 students and an admission rate of 88%. Huntington University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree.
  • Finance, bachelor's degree which graduated 3 students in 2008.

Trine University-Fort Wayne Regional Campus - Fort Wayne, IN

Trine University-Fort Wayne Regional Campus, 9910 Dupont Circle Drive East, Fort Wayne, IN 46825. Trine University-Fort Wayne Regional Campus is a small university located in Fort Wayne, Indiana. It is a private not-for-profit school with primarily 4-year or above programs. It has 200 students and an admission rate of 100%. Trine University-Fort Wayne Regional Campus has a bachelor's degree program in Accounting which graduated fifteen students in 2008.

CERTIFICATIONS

Fiscal Services - Accelerated Package: Fiscal Services - Accelerated Package course list: Better Requests for Proposals for Better Projects; Continuous Improvement Through Monitoring; Contracting; New Coding System for the 21st Century; Procurement; and Writing Winning Grant Proposals.

For more information, see the Dynamic Works Institute website.

LOCATION INFORMATION: Fort Wayne, Indiana

Fort Wayne, Indiana
Fort Wayne, Indiana photo by FTSKfan

Fort Wayne is located in Allen County, Indiana. It has a population of over 215,661. The cost of living index in Fort Wayne, 77, is well below the national average. New single-family homes in Fort Wayne are valued at $141,700 on average, which is below the state average. In 2008, one hundred thirty-eight new homes were constructed in Fort Wayne, down from one hundred seventy-three the previous year.

The top three industries for women in Fort Wayne are health care, educational services, and finance and insurance. For men, it is construction, transportation equipment, and metal and metal products. The average travel time to work is about 20 minutes. More than 19.4% of Fort Wayne residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 6.5%, is lower than the state average.

The unemployment rate in Fort Wayne is 10.5%, which is greater than Indiana's average of 9.4%.

The percentage of Fort Wayne residents that are affiliated with a religious congregation, 50.2%, is less than the national average but more than the state average. Memorial Church, Bethany Church and Souls Harbor Church are some of the churches located in Fort Wayne. The most prominent religious groups are the Catholic Church, the Lutheran Church and the United Methodist Church.

Fort Wayne is home to the Orchard Ridge Country Club and the Georgetown Square as well as Swinney Park and Rockhill Park. Shopping centers in the area include The Uncommons Shopping Center, Decatur Road Shopping Center and Ayr-Way West Shopping Center. Visitors to Fort Wayne can choose from Days Inn Airport Plaza, Purofirst of Allen County and Hometown Inn for temporary stays in the area.