Career and Education Opportunities for Cost Analysts in Iowa
Iowa has a population of 3,007,856, which has grown by 2.79% over the past 10 years. Nicknamed the "Hawkeye State," Iowa's capital and largest city is Des Moines.
There are currently 2,110 working cost analysts in Iowa; this should grow 23% to 2,590 working cost analysts in the state by 2016. This is not quite as good as 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 approximately $23 per hour or $48,510 per year on average in Iowa. Nationally they average about $27 per hour or $56,510 yearly. Incomes for cost analysts are better than in the overall category of Adjustment and Analysis in Iowa, and better than the overall Adjustment and Analysis category nationally. Cost analysts work in a variety of jobs, including: design consultant, procurement technician, and building construction estimator.
In 2008, there were a total of 2,025,350 jobs in Iowa. The average annual income was $37,509 in 2008, up from $35,755 the preceding year. The unemployment rate in Iowa was 6.0% in 2009, which has grown by 1.6% since the previous year. Approximately 21.2% of Iowa residents have college degrees, which is lower than the national average.
The top industries in Iowa include machinery manufacturing, agriculture, construction, and mining machinery manufacturing, and grain milling. Notable tourist attractions include the Edmundson Art Foundation Inc, the Fort Des Moines Memorial Park, and the Science Center of Iowa.
CITIES WITH Cost Analyst OPPORTUNITIES IN Iowa
JOB DESCRIPTION: Cost Analyst
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.
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.
Similar jobs with educational opportunities in Iowa 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.
- Insurance Adjuster. Investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
- Insurance Appraiser. Appraise automobile or other vehicle damage to determine cost of repair for insurance claim settlement and seek agreement with automotive repair shop on cost of repair. Prepare insurance forms to indicate repair cost or cost estimates and recommendations.
- Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
- 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.
LOCATION INFORMATION: Iowa
Iowa has a population of 3,007,856, which has grown by 2.79% over the past decade. Nicknamed the "Hawkeye State," Iowa's capital and largest city is Des Moines. In 2008, there were a total of 2,025,350 jobs in Iowa. The average annual income was $37,509 in 2008, up from $35,755 in 2007. The unemployment rate in Iowa was 6.0% in 2009, which has grown by 1.6% since the previous year. Roughly 21.2% of Iowa residents have college degrees, which is lower than the national average.
The top industries in Iowa include machinery manufacturing, agriculture, construction, and mining machinery manufacturing, and grain milling. Notable tourist attractions include the Science Center of Iowa, the Italian, and the Hubbell Historical Center.