Career and Education Opportunities for Budget Analysts in Gulfport, Mississippi
Gulfport, Mississippi provides a wide variety of opportunities, both career and educational, for budget analysts. There are currently 240 jobs for budget analysts in Mississippi and this is projected to grow 11% to 260 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.
A person working as a budget analyst can expect to earn about $26 hourly or $55,450 yearly on average in Mississippi and about $31 hourly or $65,320 per year on average in the U.S. as a whole. Earnings for budget analysts are better than earnings in the general category of Accounting and Auditing in Mississippi and better than general Accounting and Auditing category earnings nationally. People working as budget analysts can fill a number of jobs, such as: fiscal officer, budget manager, and cost analyst.
There is one school within twenty-five miles of Gulfport where you can study to be a budget analyst, among six schools of higher education total in the Gulfport area. Budget analysts usually hold a Bachelor's degree, so you can expect to spend about four years studying 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 Gulfport include:
- 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.
- 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.
EDUCATIONAL OPPORTUNITIES: Budget Analyst Training
Mississippi Gulf Coast Community College - Perkinston, MS
Mississippi Gulf Coast Community College, 51 Main Street, Perkinston, MS 39573. Mississippi Gulf Coast Community College is a medium sized college located in Perkinston, Mississippi. It is a public school with primarily 2-year programs and has 9,215 students. Mississippi Gulf Coast Community College has an associate's degree program in Finance which graduated one student in 2008.
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: Gulfport, Mississippi
Gulfport is located in Harrison County, Mississippi. It has a population of over 70,055, which has shrunk by 1.5% over the last ten years. The cost of living index in Gulfport, 87, is well below the national average. New single-family homes in Gulfport are valued at $108,600 on average, which is well below the state average. In 2008, two hundred forty-two new homes were constructed in Gulfport, down from three hundred twenty-nine the previous year.
The top three industries for women in Gulfport are health care, arts, entertainment, and recreation, and accommodation and food services. For men, it is construction, arts, entertainment, and recreation, and public administration. The average commute to work is about 20 minutes. More than 19.1% of Gulfport residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 6.8%, is lower than the state average.
The unemployment rate in Gulfport is 9.3%, which is less than Mississippi's average of 9.5%.
The percentage of Gulfport residents that are affiliated with a religious congregation, 50.8%, is more than the national average but less than the state average. Saint Johns Catholic Church, Saint James Baptist Church and Broadmoor Baptist Church are all churches located in Gulfport. The most common religious groups are the Southern Baptist Convention, the Catholic Church and the United Methodist Church.
Gulfport is home to the Harrison County Courthouse and the West Side Community Center as well as Cowan Road Field and Harbor Square Park. Shopping centers in the area include Great Southern Shopping Center, Gulf Mart Shopping Center and Hardy Court Shopping Center. Visitors to Gulfport can choose from Best Western Seaway Inn, Crystal Inn and Best Western Seaway for temporary stays in the area.