Career and Education Opportunities for Budget Analysts in Portland, Oregon
There is a wide variety of career and education opportunities for budget analysts in the Portland, Oregon area. About 640 people are currently employed as budget analysts in Oregon. By 2016, this is expected to grow 9% to 700 people employed. This is not quite as good as the nation as a whole, where employment opportunities for budget analysts are expected to grow by about 15.1%. Budget analysts generally examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.
Budget analysts earn about $28 hourly or $59,690 yearly on average in Oregon and about $31 per hour or $65,320 annually on average nationally. Budget analysts earn more than people working in the category of Accounting and Auditing generally in Oregon and more than people in the Accounting and Auditing category nationally. Jobs in this field include: controller, budget manager, and cost accountant.
The Portland area is home to fifty-nine schools of higher education, including ten within twenty-five miles of Portland where you can get a degree as a budget analyst. Given that the most common education level for budget analysts is a Bachelor's degree, 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 Portland 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.
- 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
University of Portland - Portland, OR
University of Portland, 5000 N Willamette Blvd, Portland, OR 97203-5798. University of Portland is a small university located in Portland, Oregon. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,666 students and an admission rate of 79%. University of Portland 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 7 students in 2008.
Chemeketa Community College - Salem, OR
Chemeketa Community College, 4000 Lancaster Dr NE, Salem, OR 97305. Chemeketa Community College is a large college located in Salem, Oregon. It is a public school with primarily 2-year programs and has 7,000 students. Chemeketa Community College has an associate's degree program in Accounting which graduated eleven students in 2008.
Everest College-Vancouver - Vancouver, WA
Everest College-Vancouver, 120 NE 136th Ave Ste 130, Vancouver, WA 98684-6950. Everest College-Vancouver is a small college located in Vancouver, Washington. It is a private for-profit school with primarily 2-year programs. It has 444 students and an admission rate of 61%. Everest College-Vancouver has a less than one year and an associate's degree program in Accounting which graduated six and five students respectively in 2008.
Linfield College - McMinnville, OR
Linfield College, 900 SE Baker, McMinnville, OR 97128-6894. Linfield College is a small college located in McMinnville, Oregon. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,721 students and an admission rate of 79%. Linfield College has 2 areas of study related to Budget Analyst. They are:
- Accounting, bachelor's degree which graduated 16 students in 2008.
- Finance, bachelor's degree which graduated 5 students in 2008.
Linfield College-Adult Degree Program - McMinnville, OR
Linfield College-Adult Degree Program, 900 SE Baker Street, McMinnville, OR 97128-6894. Linfield College-Adult Degree Program is a small college located in McMinnville, Oregon. It is a private not-for-profit school with primarily 4-year or above programs and has 475 students. Linfield College-Adult Degree Program has a bachelor's degree and a postbaccalaureate certificate program in Accounting which graduated thirty-two and ten students respectively in 2008.
Portland State University - Portland, OR
Portland State University, 724 SW Harrison, Portland, OR 97201. Portland State University is a large university located in Portland, Oregon. It is a public school with primarily 4-year or above programs. It has 25,959 students and an admission rate of 80%. Portland State University has 2 areas of study related to Budget Analyst. They are:
- Accounting, bachelor's degree and postbaccalaureate certificate which graduated two and fifty-three students respectively in 2008.
- Finance, bachelor's degree and master's degree which graduated eight and fifty-four students respectively in 2008.
University of Phoenix-Oregon Campus - Tigard, OR
University of Phoenix-Oregon Campus, 13221 SW 68th Parkway, Suite 500, Tigard, OR 97223-8368. University of Phoenix-Oregon Campus is a small university located in Tigard, Oregon. It is a private for-profit school with primarily 4-year or above programs and has 1,065 students. University of Phoenix-Oregon Campus has 2 areas of study related to Budget Analyst. They are:
- Accounting, bachelor's degree which graduated 15 students in 2008.
- Finance, bachelor's degree which graduated 1 student in 2008.
Portland Community College - Portland, OR
Portland Community College, 12000 SW 49th Avenue, Portland, OR 97219-7132. Portland Community College is a large college located in Portland, Oregon. It is a public school with primarily 2-year programs and has 26,657 students. Portland Community College has a less than one year and a one to two year program in Accounting which graduated four and fourteen students respectively in 2008.
Clackamas Community College - Oregon City, OR
Clackamas Community College, 19600 Molalla Ave, Oregon City, OR 97045-8980. Clackamas Community College is a medium sized college located in Oregon City, Oregon. It is a public school with primarily 2-year programs and has 6,701 students. Clackamas Community College has an associate's degree program in Accounting which graduated five students in 2008.
Pioneer Pacific College - Wilsonville, OR
Pioneer Pacific College, 27501 SW Parkway Ave, Wilsonville, OR 97070-9296. Pioneer Pacific College is a small college located in Wilsonville, Oregon. It is a private for-profit school with primarily 4-year or above programs and has 1,123 students. Pioneer Pacific College has a one to two year and an associate's degree program in Accounting which graduated zero and thirty-one students respectively in 2008.
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LOCATION INFORMATION: Portland, Oregon
Portland is located in Multnomah County, Oregon. It has a population of over 557,706, which has grown by 5.4% in the past ten years. The cost of living index in Portland, 103, is above the national average. New single-family homes in Portland are priced at $194,700 on average, which is below the state average. In 2008, six hundred forty-eight new homes were constructed in Portland, down from 1,205 the previous year.
The three big industries for women in Portland are health care, educational services, and professional, scientific, and technical services. For men, it is professional, scientific, and technical services, construction, and accommodation and food services. The average commute to work is about 23 minutes. More than 32.6% of Portland residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 11.4%, is higher than the state average.
The unemployment rate in Portland is 10.7%, which is greater than Oregon's average of 10.6%.
The percentage of Portland residents that are affiliated with a religious congregation, 45.7%, is less than the national average but more than the state average. The largest religious groups are the Catholic Church, the Presbyterian Church (USA) and the Charismatic Churches Independent.
Portland is home to the Barnes Yard and the Haig as well as Cottonwood Bay City Park and Wallace City Park. Visitors to Portland can choose from Motel 6, Shilo Inns & Resorts and Comfort Inn Portland for temporary stays in the area.