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For Educators: Military Resources

Budget Analysts

Median Salary
84,940
Job Outlook
+4%

Overview

What are the responsibilities of this role?

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

What sectors do they work in?

State and local government

33%

Private for profit

30%

Federal Government

28%

Private not for profit

9%

Self-employed

1%

What is the job outlook?

Employment of budget analysts is projected to grow 4 percent from 2023 to 2033, about as fast as the average for all occupations. About 3,400 openings for budget analysts are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Compensation

What is the typical salary range?

$48,170

10%

$84,940

Median

$115,730

90%

How does location impact how much salary?

Education

What level of education do professionals in this role have?

Education Level

  • Bachelor's degree

    77%

  • High school

    12%

  • Master's degree

    7%

  • Some college

    2%

Which college majors best prepare you for this role?

  • Accounting
  • Finance, General
  • Accounting and Finance
  • Public Finance

Skills and Interest

Which skill sets are the most valuable to possess?

Skills

  • Math and Science Skills

    High

  • Verbal Skills

    Mid

  • Leadership

    Mid

  • Technology Design and Control

    Low

  • Equipment Operation and Maintenance

    Low

  • Critical Thinking and Problem Solving

    Mid

What knowledge should you bring to the table?

  • Economics and Accounting
  • Mathematics
  • Administration and Management
  • Computers and Electronics
  • English Language

What challenges will you likely face in the workplace?

Workplace

  • Time Pressure

    High

  • Repetitiveness

    High

  • Responsibility

    High

  • Decision Making

    High

  • Level Of Competition

    Mid

  • Exposure to Job Hazards

    Low

  • Physical Activity

    Low

What personality traits help people thrive in this role?

Conventional

You like structure, staying organized, and working with systems to get things done efficiently.

Enterprising

You love taking risks in business or personal projects — and have the leadership skills to back it up.

Investigative

You love figuring out how things work and researching subjects that interest you.

RIASEC represents six broad interest areas—Realistic, Investigative, Artistic, Social, Enterprising, and Conventional—helping individuals identify careers that match their skills and preferences.

Take the RIASEC Test

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Data supplied by Bureau of Labor Statistics, National Center of Education Statistics, Defense Manpower Data Center (View our update schedule). Contact any business, college or military service branch to answer additional questions.