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Career and Education Opportunities for Cost Analysts in Vancouver, Washington

Cost analyst career and educational opportunities abound in Vancouver, Washington. There are currently 5,170 working cost analysts in Washington; this should grow by 12% to about 5,780 working cost analysts in the state by 2016. This is not quite as good as the nation as a whole, where employment opportunities for cost analysts are expected to grow by about 25.3%. 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.

Cost analysts earn about $28 hourly or $58,240 annually on average in Washington and about $27 per hour or $56,510 per year on average nationally. Incomes for cost analysts are better than in the overall category of Adjustment and Analysis in Washington, and better than the overall Adjustment and Analysis category nationally. Jobs in this field include: building estimator, building construction estimator, and project manager.

There are forty-eight schools of higher education in the Vancouver area, including thirteen within twenty-five miles of Vancouver where you can get a degree to start your career as a cost analyst. Cost analysts usually hold a Bachelor's degree, so it will take about four years to learn to be a cost analyst if you already have a high school diploma.

CAREER 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.

Cost analysts confer with clients, vendors, personnel in other departments or construction foremen to consider and formulate estimates and resolve issues. They also talk with engineers, architects, owners, and contractors on changes and adjustments to cost estimates. Equally important, cost analysts have to analyze blueprints and other documentation to ready time and labor estimates. They are often called upon to ready estimates for use in selecting vendors or subcontractors. They are expected to ready estimates used by management for purposes such as planning, organizing, and scheduling work. Finally, cost analysts ready cost and expenditure statements and other needed documentation at regular intervals for the duration of projects.

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.

It is important for cost analysts to ready and maintain a directory of suppliers, contractors and subcontractors. They are often called upon to establish and maintain tendering process, and conduct negotiations. Somewhat less frequently, cost analysts are also expected to visit site and record data related to access, drainage and topography, and availability of services such as water and electricity.

Cost analysts sometimes are asked to visit site and record data related to access, drainage and topography, and availability of services such as water and electricity. And finally, they sometimes have to prepare cost monitoring and reporting systems and procedures.

Like many other jobs, cost analysts must be thorough and dependable and be able to absorb the factors involved and a problem and provide a well thought out solution.

Similar jobs with educational opportunities in Vancouver 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.
  • License Examiner. Examine, evaluate, and investigate eligibility for, conformity with, or liability under licenses or permits.
  • 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.

EDUCATIONAL OPPORTUNITIES: Cost Analyst Training

Warner Pacific College - Portland, OR

Warner Pacific College, 2219 SE 68th Ave, Portland, OR 97215-4026. Warner Pacific College is a small college located in Portland, Oregon. It is a private not-for-profit school with primarily 4-year or above programs. It has 970 students and an admission rate of 61%. Warner Pacific College has associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated seventeen, zero, and fourteen students respectively in 2008.

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 Cost Analyst. They are:

  • Mechanical Engineering, bachelor's degree and master's degree which graduated twenty-nine and zero students respectively in 2008.
  • Business Administration and Management, master's degree which graduated 63 students in 2008.

Mt Hood Community College - Gresham, OR

Mt Hood Community College, 26000 SE Stark St, Gresham, OR 97030. Mt Hood Community College is a medium sized college located in Gresham, Oregon. It is a public school with primarily 2-year programs and has 7,251 students. Mt Hood Community College has a one to two year and an associate's degree program in Business Administration and Management which graduated zero and six students respectively in 2008.

George Fox University - Newberg, OR

George Fox University, 414 N Meridian St, Newberg, OR 97132. George Fox University is a small university located in Newberg, Oregon. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,382 students and an admission rate of 83%. George Fox University has bachelor's degree, postbaccalaureate certificate, and master's degree programs in Business Administration and Management which graduated eleven, zero, and ninety-four students respectively in 2008.

DeVry University-Oregon - Portland, OR

DeVry University-Oregon, Peterkort Center II - 9755 SW Barnes Road-Ste 150, Portland, OR 97225-6651. DeVry University-Oregon is a small university located in Portland, Oregon. It is a private for-profit school with primarily 4-year or above programs. It has 117 students and an admission rate of 82%. DeVry University-Oregon has a bachelor's degree and a master's degree program in Business Administration and Management which graduated one and eleven students respectively in 2008.

Concordia University - Portland, OR

Concordia University, 2811 NE Holman Street, Portland, OR 97211-6099. Concordia University 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 1,709 students and an admission rate of 65%. Concordia University has associate's degree, bachelor's degree, and master's degree programs in Business Administration and Management which graduated zero, sixty-two, and twenty students respectively in 2008.

Pacific University - Forest Grove, OR

Pacific University, 2043 College Way, Forest Grove, OR 97116. Pacific University is a small university located in Forest Grove, Oregon. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,135 students and an admission rate of 78%. Pacific University has a bachelor's degree program in Business Administration and Management which graduated five students 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 3 areas of study related to Cost Analyst. They are:

  • Materials Engineering, master's degree which graduated 4 students in 2008.
  • Mechanical Engineering, bachelor's degree and master's degree which graduated fifty and sixteen students respectively in 2008.
  • Business Administration and Management, bachelor's degree and master's degree which graduated sixty and seventy-nine 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 a bachelor's degree and a master's degree program in Business Administration and Management which graduated 165 and sixty-nine students respectively 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 2 areas of study related to Cost Analyst. They are:

  • Construction Engineering Technology/Technician, one to two year, associate's degree, and two to four year which graduated zero, five, and three students respectively in 2008.
  • Business Administration and Management, associate's degree.

Clark College - Vancouver, WA

Clark College, 1933 Fort Vancouver Way, Vancouver, WA 98663-3598. Clark College is a large college located in Vancouver, Washington. It is a public school with primarily 2-year programs and has 10,378 students. Clark College has 3 areas of study related to Cost Analyst. They are:

  • Construction Engineering Technology/Technician, one to two year and associate's degree which graduated one and three students respectively in 2008.
  • Business/Commerce, associate's degree which graduated 88 students in 2008.
  • Business Administration and Management, one to two year and associate's degree which graduated one and eight 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 2 areas of study related to Cost Analyst. They are:

  • Construction Engineering Technology/Technician, one to two year and associate's degree.
  • Business Administration and Management, one to two year and associate's degree which graduated four and twenty-nine students respectively 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 an associate's degree and a bachelor's degree program in Business Administration and Management which graduated twenty-four and three students respectively in 2008.

CERTIFICATIONS

Certified Professional Estimator: The American Society of Professional Estimators (ASPE) has been certifying construction estimators for over thirty years.

For more information, see the American Society of Professional Estimators website.

Certified Anti-Money Laundering Specialist: CAMS certification is rrecognized by employers in both private industry and government.

For more information, see the Association of Certified Anti-Money Laundering Specialists website.

Certified Investment Management Analyst: The CIMA offers an intense educational experience focusing on asset allocation, manager search and selection, investment policy and performance measurement.

For more information, see the Investment Management Consultants Association website.

Certified Cost Estimator/Analyst : The Society's Certified Cost Estimator/Analyst (CCE/A) program provides a professional credential to SCEA members and nonmembers who demonstrate mastery of basic concepts and methods.

For more information, see the Society of Cost Estimating and Analysis website.

LOCATION INFORMATION: Vancouver, Washington

Vancouver, Washington
Vancouver, Washington photo by Matthiasb

Vancouver is located in Clark County, Washington. It has a population of over 163,186, which has grown by 13.7% in the past ten years. The cost of living index in Vancouver, 98, is near the national average. New single-family homes in Vancouver are priced at $95,700 on average, which is far less than the state average. In 2008, two hundred eighty new homes were built in Vancouver, down from four hundred twenty the previous year.

The three most popular industries for women in Vancouver are health care, educational services, and accommodation and food services. For men, it is construction, computer and electronic products, and accommodation and food services. The average travel time to work is about 23 minutes. More than 21.7% of Vancouver residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.4%, is lower than the state average.

The unemployment rate in Vancouver is 7.8%, which is less than Washington's average of 8.7%.

The percentage of Vancouver residents that are affiliated with a religious congregation, 27.9%, is less than both the national and state average. The most prominent religious groups are the Catholic Church, the LDS (Mormon) Church and the Evangelical Lutheran Church in America.

Vancouver is home to the Vancouver Square and the Vancouver Plaza as well as Leverich Park and Wintler Park. Shopping malls in the area include Arbours Shopping Center, Millport Shopping Center and Vancouver Village Shopping Center. Visitors to Vancouver can choose from Comfort Suites Vancouver, Homewood Suites Portland-Vancouver and Best Western Hotel and Suites Vacouver Mall Dr for temporary stays in the area.