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Career and Education Opportunities for Budget Analysts in St. Paul, Minnesota

Many educational and employment opportunities exist for budget analysts in the St. Paul, Minnesota area. There are currently 270 jobs for budget analysts in Minnesota and this is projected to grow 4% to about 290 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 $30 per hour or $63,990 annually on average in Minnesota. Nationally they average about $31 per hour or $65,320 annually. Earnings for budget analysts are better than earnings in the general category of Accounting and Auditing in Minnesota and better than general Accounting and Auditing category earnings nationally. Jobs in this field include: financial analyst, budget and policy analyst, and accounting supervisor.

There are seventy-seven schools of higher education in the St. Paul area, including thirty-seven within twenty-five miles of St. Paul 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, 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 St. Paul 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.
  • Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
  • 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

Rasmussen College-Eden Prairie - Eden Prairie, MN

Rasmussen College-Eden Prairie, 7905 Golden Triangle Drive, Suite 100, Eden Prairie, MN 55344-7220. Rasmussen College-Eden Prairie is a small college located in Eden Prairie, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 1,037 students. Rasmussen College-Eden Prairie has an associate's degree program in Accounting which graduated sixteen students in 2008.

National American University-Bloomington - Bloomington, MN

National American University-Bloomington, 7801 Metro Parkway, Suite 200, Bloomington, MN 55425. National American University-Bloomington is a small university located in Bloomington, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 290 students. National American University-Bloomington has an associate's degree and a bachelor's degree program in Accounting which graduated one and two students respectively in 2008.

University of Phoenix-Minneapolis/St Paul Campus - Saint Louis Park, MN

University of Phoenix-Minneapolis/St Paul Campus, 435 Ford Rd., Suite 1000, Saint Louis Park, MN 55426-1063. University of Phoenix-Minneapolis/St Paul Campus is a small university located in Saint Louis Park, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 247 students. University of Phoenix-Minneapolis/St Paul Campus has a bachelor's degree program in Accounting which graduated two students in 2008.

Hennepin Technical College - Brooklyn Park, MN

Hennepin Technical College, 9000 Brooklyn Blvd, Brooklyn Park, MN 55445. Hennepin Technical College is a medium sized college located in Brooklyn Park, Minnesota. It is a public school with primarily 2-year programs and has 5,617 students. Hennepin Technical College has an associate's degree program in Accounting which graduated twenty-two students in 2008.

University of St Thomas - Saint Paul, MN

University of St Thomas, 2115 Summit Ave, Saint Paul, MN 55105-1078. University of St Thomas is a large university located in Saint Paul, Minnesota. It is a private not-for-profit school with primarily 4-year or above programs. It has 10,960 students and an admission rate of 81%. University of St Thomas has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated three and thirty students respectively in 2008.
  • Finance, bachelor's degree and master's degree which graduated sixteen and thirty-four students respectively in 2008.

Concordia University-Saint Paul - Saint Paul, MN

Concordia University-Saint Paul, 275 Syndicate Street North, Saint Paul, MN 55104-5494. Concordia University-Saint Paul is a small university located in Saint Paul, Minnesota. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,644 students and an admission rate of 59%. Concordia University-Saint Paul has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree which graduated 4 students in 2008.
  • Finance, bachelor's degree which graduated 1 student in 2008.

Anoka Technical College - Anoka, MN

Anoka Technical College, 1355 W Hwy 10, Anoka, MN 55303. Anoka Technical College is a small college located in Anoka, Minnesota. It is a public school with primarily 2-year programs and has 2,072 students. Anoka Technical College has an associate's degree program in Accounting which graduated ten students in 2008.

Northwestern College - Saint Paul, MN

Northwestern College, 3003 Snelling Ave N, Saint Paul, MN 55113-1598. Northwestern College is a small college located in Saint Paul, Minnesota. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,022 students and an admission rate of 95%. Northwestern College has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree which graduated 8 students in 2008.
  • Finance, bachelor's degree.

College of St Catherine - Saint Paul, MN

College of St Catherine, 2004 Randolph Ave, Saint Paul, MN 55105. College of St Catherine is a medium sized college located in Saint Paul, Minnesota. It is a private not-for-profit school with primarily 4-year or above programs. It has 5,201 students and an admission rate of 77%. College of St Catherine has a bachelor's degree and a postbaccalaureate certificate program in Accounting which graduated nineteen and eleven students respectively in 2008.

Rasmussen College-Eagan - Eagan, MN

Rasmussen College-Eagan, 3500 Federal Dr, Eagan, MN 55122-1346. Rasmussen College-Eagan is a small college located in Eagan, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 751 students. Rasmussen College-Eagan has an associate's degree program in Accounting which graduated twelve students in 2008.

Anoka-Ramsey Community College - Coon Rapids, MN

Anoka-Ramsey Community College, 11200 Mississippi Blvd. NW, Coon Rapids, MN 55433-3470. Anoka-Ramsey Community College is a medium sized college located in Coon Rapids, Minnesota. It is a public school with primarily 2-year programs and has 8,253 students. Anoka-Ramsey Community College has an associate's degree program in Accounting which graduated eleven students in 2008.

Minneapolis Business College - Roseville, MN

Minneapolis Business College, 1711 W County Rd B, Roseville, MN 55113-0000. Minneapolis Business College is a small college located in Roseville, Minnesota. It is a private for-profit school with primarily 2-year programs and has 408 students. Minneapolis Business College has a less than one year and an associate's degree program in Accounting which graduated nineteen and thirty students respectively in 2008.

North Hennepin Community College - Brooklyn Park, MN

North Hennepin Community College, 7411 85th Ave N, Brooklyn Park, MN 55445. North Hennepin Community College is a medium sized college located in Brooklyn Park, Minnesota. It is a public school with primarily 2-year programs and has 6,904 students. North Hennepin Community College has 2 areas of study related to Budget Analyst. They are:

  • Accounting, less than one year and associate's degree which graduated twenty-six and two students respectively in 2008.
  • Finance, associate's degree which graduated 5 students in 2008.

Walden University - Minneapolis, MN

Walden University, 155 Fifth Ave S, Suite 100, Minneapolis, MN 55401. Walden University is a large university located in Minneapolis, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 34,907 students. Walden University has bachelor's degree, master's degree, and doctor's degree programs in Finance which graduated sixteen, thirty-six, and two students respectively in 2008.

National American University-Roseville - Roseville, MN

National American University-Roseville, 1550 West Highway 36, Roseville, MN 55113-4035. National American University-Roseville is a small university located in Roseville, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 325 students. National American University-Roseville has an associate's degree and a bachelor's degree program in Accounting which graduated zero and three students respectively in 2008.

Minneapolis Community and Technical College - Minneapolis, MN

Minneapolis Community and Technical College, 1501 Hennepin Ave, Minneapolis, MN 55403-1779. Minneapolis Community and Technical College is a medium sized college located in Minneapolis, Minnesota. It is a public school with primarily 2-year programs and has 9,539 students. Minneapolis Community and Technical College has an associate's degree program in Accounting which graduated eleven students in 2008.

Minnesota School of Business - Blaine, MN

Minnesota School of Business, 3680 Pheasant Ridge Dr NE, Blaine, MN 55449. Minnesota School of Business is a small school located in Blaine, Minnesota. It is a private for-profit school with primarily 4-year or above programs. It has 754 students and an admission rate of 100%. Minnesota School of Business has less than one year, associate's degree, and bachelor's degree programs in Accounting which graduated one, one, and zero students respectively in 2008.

Globe University - Woodbury, MN

Globe University, 8089 Globe Drive, Woodbury, MN 55125-3388. Globe University is a small university located in Woodbury, Minnesota. It is a private for-profit school with primarily 4-year or above programs. It has 856 students and an admission rate of 88%. Globe University has one to two year, associate's degree, and bachelor's degree programs in Accounting which graduated four, six, and two students respectively in 2008.

Minnesota School of Business-Brooklyn Center - Brooklyn Center, MN

Minnesota School of Business-Brooklyn Center, 5910 Shingle Creek Pky, Brooklyn Center, MN 55430. Minnesota School of Business-Brooklyn Center is a small school located in Brooklyn Center, Minnesota. It is a private for-profit school with primarily 4-year or above programs. It has 700 students and an admission rate of 98%. Minnesota School of Business-Brooklyn Center has one to two year, associate's degree, and bachelor's degree programs in Accounting which graduated zero, ten, and six students respectively in 2008.

Saint Paul College - A Community and Technical College - Saint Paul, MN

Saint Paul College - A Community and Technical College, 235 Marshall Ave, Saint Paul, MN 55102-9808. Saint Paul College - A Community and Technical College is a medium sized college located in Saint Paul, Minnesota. It is a public school with primarily 2-year programs and has 5,388 students. Saint Paul College - A Community and Technical College has an associate's degree program in Accounting which graduated nineteen students in 2008.

Academy College - Minneapolis, MN

Academy College, 1101 E. 78th Street, Suite 100, Minneapolis, MN 55420-1554. Academy College is a small college located in Minneapolis, Minnesota. It is a private for-profit school with primarily 4-year or above programs. It has 186 students and an admission rate of 100%. Academy College has one to two year, associate's degree, and bachelor's degree programs in Accounting which graduated zero, one, and three students respectively in 2008.

Metropolitan State University - Saint Paul, MN

Metropolitan State University, 700 E Seventh St, Saint Paul, MN 55106-5000. Metropolitan State University is a medium sized university located in Saint Paul, Minnesota. It is a public school with primarily 4-year or above programs. It has 6,909 students and an admission rate of 53%. Metropolitan State University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree which graduated 99 students in 2008.
  • Finance, bachelor's degree which graduated 2 students in 2008.

Minnesota School of Business - Richfield, MN

Minnesota School of Business, 1401 W 76 St, Richfield, MN 55423. Minnesota School of Business is a small school located in Richfield, Minnesota. It is a private for-profit school with primarily 4-year or above programs. It has 1,479 students and an admission rate of 87%. Minnesota School of Business has one to two year, associate's degree, and bachelor's degree programs in Accounting which graduated four, ten, and ten students respectively in 2008.

Minnesota School of Business - Plymouth, MN

Minnesota School of Business, 1455 County Rd 101 North, Plymouth, MN 55447. Minnesota School of Business is a small school located in Plymouth, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 520 students. Minnesota School of Business has one to two year, associate's degree, and bachelor's degree programs in Accounting which graduated one, six, and eight students respectively in 2008.

Century Community and Technical College - White Bear Lake, MN

Century Community and Technical College, 3300 Century Ave N, White Bear Lake, MN 55110. Century Community and Technical College is a medium sized college located in White Bear Lake, Minnesota. It is a public school with primarily 2-year programs and has 9,384 students. Century Community and Technical College has a one to two year and an associate's degree program in Accounting which graduated one and ten students respectively in 2008.

Rasmussen College-Brooklyn Park - Brooklyn Park, MN

Rasmussen College-Brooklyn Park, 8301 93rd Ave N, Brooklyn Park, MN 55445-1512. Rasmussen College-Brooklyn Park is a small college located in Brooklyn Park, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 939 students. Rasmussen College-Brooklyn Park has an associate's degree program in Accounting which graduated eleven students in 2008.

Normandale Community College - Bloomington, MN

Normandale Community College, 9700 France Ave S, Bloomington, MN 55431. Normandale Community College is a medium sized college located in Bloomington, Minnesota. It is a public school with primarily 2-year programs and has 9,478 students. Normandale Community College has an associate's degree program in Accounting which graduated six students in 2008.

Capella University - Minneapolis, MN

Capella University, 225 South 6th Street, 9th Floor, Minneapolis, MN 55402-3389. Capella University is a large university located in Minneapolis, Minnesota. It is a private for-profit school with primarily 4-year or above programs. It has 23,733 students and an admission rate of 100%. Capella University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated nine and four students respectively in 2008.
  • Finance, bachelor's degree and master's degree which graduated ten and thirty-nine students respectively in 2008.

North Central University - Minneapolis, MN

North Central University, 910 Elliot Ave, Minneapolis, MN 55404-1391. North Central University is a small university located in Minneapolis, Minnesota. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,136 students and an admission rate of 29%. North Central University has a bachelor's degree program in Accounting which graduated one student in 2008.

Inver Hills Community College - Inver Grove Heights, MN

Inver Hills Community College, 2500 80th St E, Inver Grove Heights, MN 55076-3224. Inver Hills Community College is a medium sized college located in Inver Grove Heights, Minnesota. It is a public school with primarily 2-year programs and has 5,608 students. Inver Hills Community College has an associate's degree program in Accounting which graduated five students in 2008.

Dakota County Technical College - Rosemount, MN

Dakota County Technical College, 1300 145th Street East, Rosemount, MN 55068-2999. Dakota County Technical College is a small college located in Rosemount, Minnesota. It is a public school with primarily 2-year programs and has 2,919 students. Dakota County Technical College has a one to two year and an associate's degree program in Accounting which graduated one and twenty-four students respectively in 2008.

University of Minnesota-Twin Cities - Minneapolis, MN

University of Minnesota-Twin Cities, 100 Church Street SE, Minneapolis, MN 55455-0213. University of Minnesota-Twin Cities is a large university located in Minneapolis, Minnesota. It is a public school with primarily 4-year or above programs. It has 51,140 students and an admission rate of 53%. University of Minnesota-Twin Cities has 2 areas of study related to Budget Analyst. They are:

  • Accounting, less than one year, two to four year, and bachelor's degree which graduated two, three, and twelve students respectively in 2008.
  • Finance, bachelor's degree which graduated 36 students in 2008.

Minnesota School of Business-Shakopee - Shakopee, MN

Minnesota School of Business-Shakopee, 1200 Shakopee Town Square, Shakopee, MN 55379. Minnesota School of Business-Shakopee is a small school located in Shakopee, Minnesota. It is a private for-profit school with primarily 4-year or above programs. It has 542 students and an admission rate of 99%. Minnesota School of Business-Shakopee has one to two year, associate's degree, and bachelor's degree programs in Accounting which graduated zero, eleven, and eight students respectively in 2008.

Rasmussen College-Lake Elmo - Lake Elmo, MN

Rasmussen College-Lake Elmo, 8565 Eagle Point Circle, Lake Elmo, MN 55042-8637. Rasmussen College-Lake Elmo is a small college located in Lake Elmo, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 541 students. Rasmussen College-Lake Elmo has an associate's degree program in Accounting.

Augsburg College - Minneapolis, MN

Augsburg College, 2211 Riverside Ave, Minneapolis, MN 55454. Augsburg College is a small college located in Minneapolis, Minnesota. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,827 students and an admission rate of 56%. Augsburg College has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree which graduated 5 students in 2008.
  • Finance, bachelor's degree which graduated 11 students in 2008.

National American University-Brooklyn Center - Brooklyn Center, MN

National American University-Brooklyn Center, 6120 Earle Brown Drive, Suite 100, Brooklyn Center, MN 55430-4100. National American University-Brooklyn Center is a small university located in Brooklyn Center, Minnesota. It is a private for-profit school with primarily 4-year or above programs and has 339 students. National American University-Brooklyn Center has an associate's degree and a bachelor's degree program in Accounting which graduated two and seven students respectively in 2008.

American Indian OIC Inc - Minneapolis, MN

American Indian OIC Inc, 1845 E. Franklin Ave, Minneapolis, MN 55404-2221. American Indian OIC Inc is a small school located in Minneapolis, Minnesota. It is a private not-for-profit school with primarily less-than 2-year programs and has 111 students. American Indian OIC Inc has a less than one year program in Finance.

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: St. Paul, Minnesota

St. Paul, Minnesota
St. Paul, Minnesota photo by Gridge

St. Paul is located in Ramsey County, Minnesota. It has a population of over 279,590, which has shrunk by 2.6% in the past ten years. The cost of living index in St. Paul, 99, is near the national average. New single-family homes in St. Paul are valued at $213,300 on average, which is well below the state average. In 2008, thirty new homes were built in St. Paul, down from seventy-four the previous year.

The three most popular industries for women in St. Paul are educational services, health care, and finance and insurance. For men, it is educational services, professional, scientific, and technical services, and construction. The average commute to work is about 21 minutes. More than 32.0% of St. Paul residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 12.0%, is higher than the state average.

The unemployment rate in St. Paul is 7.4%, which is greater than Minnesota's average of 7.0%.

The percentage of St. Paul residents that are affiliated with a religious congregation, 61.3%, is more than both the national and state average. Zion Church, Convent of the Visitation and Saint Paul Cathedral are some of the churches located in St. Paul. The most prominent religious groups are the Catholic Church, the Evangelical Lutheran Church in America and the Baptist General Conference.

St. Paul is home to the Saint Paul Orphange and the Wilder Center as well as Terrace Park and East View Playground.