Career and Education Opportunities for Budget Analysts in Tennessee
Tennessee has a population of 6,296,254, which has grown by 10.67% over the past 10 years. Nicknamed the "Volunteer State," its capital is Nashville, though its most populous city is Memphis.
There are currently 650 working budget analysts in Tennessee; this should grow 12% to about 730 working budget analysts in the state 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 $29 per hour or $61,190 per year on average in Tennessee and about $31 per hour or $65,320 annually 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 Tennessee and better than general Accounting and Auditing category earnings nationally. People working as budget analysts can fill a number of jobs, such as: controller, cost analyst, and budget officer.
In 2008, there were a total of 3,759,569 jobs in Tennessee. The average annual income was $34,833 in 2008, up from $34,156 the previous year. The unemployment rate in Tennessee was 10.5% in 2009, which has grown by 3.8% since the previous year. About 19.6% of Tennessee residents have college degrees, which is lower than the national average.
The top industries in Tennessee include bakeries manufacturing, bread product manufacturing, and commercial bakeries. Notable tourist attractions include the Chucalissa Archaeological Museum, the Delta Axis, and the Elvis Presley Enterprises.
CITIES WITH Budget Analyst OPPORTUNITIES IN Tennessee
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 Tennessee 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.
- 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.
- Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
LOCATION INFORMATION: Tennessee
Tennessee has a population of 6,296,254, which has grown by 10.67% in the last 10 years. Nicknamed the "Volunteer State," its capital is Nashville, though its largest city is Memphis. In 2008, there were a total of 3,759,569 jobs in Tennessee. The average annual income was $34,833 in 2008, up from $34,156 the previous year. The unemployment rate in Tennessee was 10.5% in 2009, which has grown by 3.8% since the previous year. Roughly 19.6% of Tennessee residents have college degrees, which is lower than the national average.
The top industries in Tennessee include bakeries manufacturing, bread product manufacturing, and commercial bakeries. Notable tourist destinations include the Mississippi River Museum, the Magevney House, and the National Civil Rights Museum.