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Career and Education Opportunities for Cost Analysts in Montana

Montana has a population of 974,989, which has grown by 8.07% over the past decade. Nicknamed the "Treasure State," its capital is Helena, though its most populous city is Billings.

There are currently 730 jobs for cost analysts in Montana and this is projected to grow 34% to 970 jobs by 2016. This is better than the national trend for cost analysts, which sees this job pool growing by about 25.3% over the next eight years. 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.

Income for cost analysts is about $22 hourly or $46,630 yearly on average in Montana. Nationally, their income is about $27 hourly or $56,510 annually. Incomes for cost analysts are better than in the overall category of Adjustment and Analysis in Montana, and better than the overall Adjustment and Analysis category nationally. Jobs in this field include: estimator, cost recovery/investment recovery technician, and operations manager.

In 2008, there were a total of 651,425 jobs in Montana. The average annual income was $34,622 in 2008, up from $33,927 the preceding year. The unemployment rate in Montana was 6.2% in 2009, which has grown by 1.6% since the previous year. About 24.4% of Montana residents have college degrees, which is higher than the national average.

The top industries in Montana include agencies, brokerages, and other insurance related activities, automotive parts, accessories, and tire stores, and third party administration of insurance funds/plans. Notable tourist attractions include the Zoomontana, the Yellowstone Art Museum, and the T & J Game Bird Shooting Preserve.

CITIES WITH Cost Analyst OPPORTUNITIES IN Montana


JOB DESCRIPTION: Cost Analyst

Cost Analyst video from the State of New Jersey Dept. of Labor and Workforce Development

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 Montana 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.
  • 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.

LOCATION INFORMATION: Montana

Montana
Montana photo by Qfl247

Montana has a population of 974,989, which has grown by 8.07% in the last 10 years. Nicknamed the "Treasure State," its capital is Helena, though its most populous city is Billings. In 2008, there were a total of 651,425 jobs in Montana. The average annual income was $34,622 in 2008, up from $33,927 the preceding year. The unemployment rate in Montana was 6.2% in 2009, which has grown by 1.6% since the previous year. Roughly 24.4% of Montana residents have college degrees, which is higher than the national average.

The top industries in Montana include agencies, brokerages, and other insurance related activities, automotive parts, accessories, and tire stores, and third party administration of insurance funds/plans. Notable tourist attractions include the Zoomontana, the Museum of Women's History, and the Moss Mansion Museum.