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Career and Education Opportunities for Budget Analysts in West Valley City, Utah

Budget analyst career and educational opportunities abound in West Valley City, Utah. There are currently 630 jobs for budget analysts in Utah and this is projected to grow by 22% to 770 jobs by 2016. This is better than 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 $30 per hour or $62,590 per year on average in Utah and about $31 hourly or $65,320 per year on average nationally. Compared with people working in the overall category of Accounting and Auditing, people working as budget analysts in Utah earn more. They earn more than people working in the overall category of Accounting and Auditing nationally. People working as budget analysts can fill a number of jobs, such as: fiscal officer, accounting supervisor, and budget and policy analyst.

The West Valley City area is home to thirty-three schools of higher education, including ten within twenty-five miles of West Valley City where you can get a degree as a budget analyst. Budget analysts usually hold a Bachelor's degree, so it will take about four years to learn 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 West Valley City 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.

EDUCATIONAL OPPORTUNITIES: Budget Analyst Training

University of Phoenix-Utah Campus - Salt Lake City, UT

University of Phoenix-Utah Campus, 5373 S. Green Street, Salt Lake City, UT 84123-4617. University of Phoenix-Utah Campus is a small university located in Salt Lake City, Utah. It is a private for-profit school with primarily 4-year or above programs and has 2,867 students. University of Phoenix-Utah Campus has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated fifty-one and fifteen students respectively in 2008.
  • Finance, bachelor's degree which graduated 28 students in 2008.

Utah Career College - West Jordan, UT

Utah Career College, 1902 W 7800 S, West Jordan, UT 84088. Utah Career College is a small college located in West Jordan, Utah. It is a private for-profit school with primarily 4-year or above programs. It has 593 students and an admission rate of 95%. Utah Career College has an associate's degree program in Accounting.

Stevens-Henager College - Murray, UT

Stevens-Henager College, 383 W Vine St, Murray, UT 84123-5671. Stevens-Henager College is a small college located in Murray, Utah. It is a private for-profit school with primarily 4-year or above programs and has 823 students. Stevens-Henager College has a bachelor's degree program in Accounting which graduated thirteen students in 2008.

University of Utah - Salt Lake City, UT

University of Utah, 201 Presidents Circle, Salt Lake City, UT 84112-9008. University of Utah is a large university located in Salt Lake City, Utah. It is a public school with primarily 4-year or above programs. It has 28,211 students and an admission rate of 81%. University of Utah has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated 161 and sixty-four students respectively in 2008.
  • Finance, bachelor's degree and master's degree which graduated 230 and twenty-two students respectively in 2008.

Davis Applied Technology College - Kaysville, UT

Davis Applied Technology College, 550 E 300 S, Kaysville, UT 84037-2699. Davis Applied Technology College is a small college located in Kaysville, Utah. It is a public school with primarily 2-year programs and has 2,750 students. Davis Applied Technology College has a one to two year program in Accounting which graduated three students in 2008.

Everest College-West Valley City - West Valley City, UT

Everest College-West Valley City, 3280 W 3500 S, West Valley City, UT 84119-2632. Everest College-West Valley City is a small college located in West Valley City, Utah. It is a private for-profit school with primarily 4-year or above programs. It has 161 students and an admission rate of 75%. Everest College-West Valley City has an associate's degree program in Accounting which graduated eight students in 2008.

Latter-day Saints Business College - Salt Lake City, UT

Latter-day Saints Business College, 95 North 300 West, Salt Lake City, UT 84101-3500. Latter-day Saints Business College is a small college located in Salt Lake City, Utah. It is a private not-for-profit school with primarily 2-year programs and has 1,383 students. Latter-day Saints Business College has an associate's degree program in Accounting which graduated twenty-eight students in 2008.

Brigham Young University - Provo, UT

Brigham Young University, Main Campus, Provo, UT 84602. Brigham Young University is a large university located in Provo, Utah. It is a private not-for-profit school with primarily 4-year or above programs. It has 34,227 students and an admission rate of 69%. Brigham Young University has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and master's degree which graduated 188 and 101 students respectively in 2008.
  • Finance, bachelor's degree which graduated 189 students in 2008.

Westminster College - Salt Lake City, UT

Westminster College, 1840 South 1300 East, Salt Lake City, UT 84105. Westminster College is a small college located in Salt Lake City, Utah. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,837 students and an admission rate of 81%. Westminster College has 2 areas of study related to Budget Analyst. They are:

  • Accounting, bachelor's degree and postbaccalaureate certificate which graduated one and six students respectively in 2008.
  • Finance, bachelor's degree and postbaccalaureate certificate which graduated zero and two students respectively in 2008.

Salt Lake Community College - Salt Lake City, UT

Salt Lake Community College, 4600 S Redwood Rd, Salt Lake City, UT 84123. Salt Lake Community College is a large college located in Salt Lake City, Utah. It is a public school with primarily 2-year programs and has 29,539 students. Salt Lake Community College has a one to two year and an associate's degree program in Finance which graduated one and seven students respectively in 2008.

CERTIFICATIONS

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: West Valley City, Utah

West Valley City, Utah
West Valley City, Utah photo by Joe Tordiff

West Valley City is situated in Salt Lake County, Utah. It has a population of over 123,447, which has grown by 13.4% in the past ten years. The cost of living index in West Valley City, 87, is well below the national average. New single-family homes in West Valley City are valued at $108,600 on average, which is far less than the state average. In 2008, ninety-eight new homes were constructed in West Valley City, down from two hundred thirty-five the previous year.

The three most popular industries for women in West Valley City are finance and insurance, health care, and educational services. For men, it is construction, accommodation and food services, and administrative and support and waste management services. The average travel time to work is about 23 minutes. More than 11.4% of West Valley City residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 2.8%, is lower than the state average.

The unemployment rate in West Valley City is 8.3%, which is greater than Utah's average of 6.3%.

The percentage of West Valley City residents that are affiliated with a religious congregation, 67.5%, is more than the national average but less than the state average. The Church of Jesus Christ of Latter Day Saints, Atonement Lutheran Church and Saints Peter and Paul Catholic Church are some of the churches located in West Valley City. The most common religious groups are the LDS (Mormon) Church, the Catholic Church and the Southern Baptist Convention.

West Valley City is home to the Valley Indoor Market Place and the Mini Warehouse Condominium. Shopping malls in the area include Redwood Shopping Center, Valley Fair Mall and Granger Shopping Center.