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Career and Education Opportunities for Budget Analysts in North Dakota

North Dakota has a population of 646,844, which has grown by 0.72% over the past decade. Nicknamed the "Flickertail State," its capital is Bismarck, though its most populous city is Fargo.

There are many career and education opportunities for budget analysts in the Bismarck, North Dakota area. Currently, 140 people work as budget analysts in North Dakota. This is expected to grow 10% to 150 people 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. Budget analysts generally examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

Income for budget analysts is about $28 per hour or $58,630 per year on average in North Dakota. Nationally, their income is 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 North Dakota and more than people in the Accounting and Auditing category nationally. People working as budget analysts can fill a number of jobs, such as: staff analyst, budget officer, and budget engineer.

There is one school within twenty-five miles of Bismarck where you can study to be a budget analyst, among six schools of higher education total in the Bismarck area. The most common level of education 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.

In 2008, there were a total of 498,718 jobs in North Dakota. The average annual income was $39,874 in 2008, up from $36,678 in 2007. The unemployment rate in North Dakota was 4.3% in 2009, which has grown by 1.1% since the previous year. Approximately 22.0% of North Dakota residents have college degrees, which is lower than the national average.

The top industries in North Dakota include farm product raw material merchant wholesalers, farm machinery merchant wholesalers, and lawn equipment stores. Notable tourist destinations include the Driverz, the Red River Valley Genealogical Society, and the West Acres Regional Shopping Center.

CITIES WITH Budget Analyst OPPORTUNITIES IN North Dakota


JOB 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.

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.

Similar jobs with educational opportunities in North Dakota 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.
  • 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.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

LOCATION INFORMATION: North Dakota

North Dakota
North Dakota photo by Bobak Ha'Eri

North Dakota has a population of 646,844, which has grown by 0.72% over the past decade. Nicknamed the "Flickertail State," its capital is Bismarck, though its largest city is Fargo. In 2008, there were a total of 498,718 jobs in North Dakota. The average annual income was $39,874 in 2008, up from $36,678 the preceding year. The unemployment rate in North Dakota was 4.3% in 2009, which has grown by 1.1% since the previous year. Approximately 22.0% of North Dakota residents have college degrees, which is lower than the national average.

The top industries in North Dakota include farm product raw material merchant wholesalers, farm machinery merchant wholesalers, and lawn equipment stores. Notable tourist attractions include the Red River Valley Genealogical Society, the Gallery 4 Ltd, and the West Acres Regional Shopping Center.