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Finance Careers | Budget Analyst

Budget Analyst

What Does a Professional in this Career Do?

Develops the overall annual budget for a company or organization. Evaluates budget proposals, prepares information for government officials or company executives to inform funding decisions; monitors spending and analyzes differences between budget and actual spending. May evaluate programs or provide policy analysis.

Job Outlook

There were 185 Budget Analyst job postings in North Carolina in the past year and 8878 in the United States.

In combination with other careers in the Budget Analyst industry, which includes the Budget Analyst career, the following graph shows the number of people employed for each year since 2004:

Salary

Many new Budget Analyst jobs have salaries estimated to be in the following ranges, based on the requirements and responsibilities listed in job postings from the past year.

National

The average estimated salary in the United States for this career, based on job postings in the past year, is $71,504.

State

The average estimated salary in North Carolina for this career, based on job postings in the past year, is $66,517.

Percentiles represent the percentage that is lower than the value. For example, 25% of estimated salaries for Budget Analyst postings in the United States in the past year were lower than $60,345.

Education and Experience

Posted Budget Analyst jobs typically require the following level of education. The numbers below are based on job postings in the United States from the past year. Not all job postings list education requirements.

Education LevelPercentage
Associate's Degree7%
Bachelor's Degree53%
Master's Degree33%
Doctoral Degree7%
Other0%

Posted Budget Analyst jobs typically require the following number of years of experience. The numbers below are based on job postings in the United States from the past year. Not all job postings list experience requirements.

Years of ExperiencePercentage
0 to 2 years54%
3 to 5 years32%
6 to 8 years7%
9+ years7%

Skills

Below are listings of the most common general and specialized skills Budget Analyst positions expect applicants to have as well as the most common skills that distinguish individuals from their peers. The percentage of job postings that specifically mention each skill is also listed.

Baseline Skills

A skill that is required across a broad range of occupations, including this one.

  • Planning (40%)
  • Microsoft Excel (32%)
  • Communication Skills (30%)
  • Research (28%)
  • Writing (24%)

Defining Skills

A core skill for this occupation, it occurs frequently in job postings.

  • Budgeting (92%)
  • Budget Analysis (69%)
  • Accounting (58%)
  • Financial Management (38%)
  • Financial Analysis (21%)

Necessary Skills

A skill that is requested frequently in this occupation but isn’t specific to it.

  • Scheduling (16%)
  • Staff Management (15%)
  • Business Administration (15%)
  • Spreadsheets (15%)
  • Procurement (11%)

Distinguishing Skills

A skill that may distinguish a subset of the occupation.

  • Comptroller (5%)
  • Cost Analysis (4%)
  • GFEBS (4%)
  • Financial Operation (4%)
  • Fiscal Management (3%)

Alternative Job Titles

Sometimes employers post jobs with Budget Analyst skills but a different job title. Some common alternative job titles include:

  • Financial Management Analyst
  • Staff Services Analyst General
  • Senior Budget Analyst
  • Budget Manager

Similar Occupations

If you are interested in exploring occupations with similar skills, you may want to research the following job titles. Note that we only list occupations that have at least one corresponding NC State Online and Distance Education program.

Common Employers

Here are the employers that have posted the most Budget Analyst jobs in the past year along with how many they have posted.

United States

  • US Government (515)
  • US Department of Defense (89)
  • SAIC (78)
  • Guidehouse (63)
  • US Department of Justice (63)

North Carolina

  • State North Carolina (22)
  • US Government (13)
  • North Carolina Department Of Justice (13)
  • University of North Carolina (7)
  • North Carolina State University (5)

NC State Programs Relevant to this Career

If you are interested in preparing for a career in this field, the following NC State Online and Distance Education programs offer a great place to start!

Not sure where to start?

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