Are you looking for a career with stable growth, great earning power, and that you can do in a variety of businesses? Then a career as a budget analyst might be right for you!

Budget analysts use skills such as:

  • accounting

  • analysis

  • math

  • knowledge of economics

  • technology

They review budgets, make recommendations, and decide whether fund requests will be approved. They work behind the scenes, but are crucial to many companies.

Bugs Bunny, a cartoon character, is standing up at a table and counting out money into separate piles.

What businesses and industries hire budget analysts?

Maybe a better question would be, who doesn't hire budget analysts? You could work in a variety of settings, including:

  • military

  • universities and colleges

  • government agencies

  • pharmaceuticals

  • energy

  • health care

  • banking

What do budget analysts do?

Budget analysts work in an office environment and advise organizations on how to spend (or not spend) their money.

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  • develop budgets

  • review budget requests and approve or deny

  • explain funding requests to others (coworkers and the public)

  • estimate financial needs

  • advise organizations

  • use financial analysis software

  • create budget reports

Are there a lot of jobs?

The job outlook is stable, with about 3% growth projected by 2033 . This is about average, meaning there won't be tons of new jobs, but probably not many layoffs, either.

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Oh, and the median pay is about $82,000 in the U.S. and $76,000 in Canada.

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Which of the following might you need to learn if you want to become a budget analyst? Select all that apply:

What is a typical day like?

You'll be working indoors, using a lot of technology:

  • accounting software

  • financial analysis programs

  • presentation software, like PowerPoint

  • spreadsheets, like Excel

  • documents & reports

Cat wearing glasses, appearing to shout at the computer.

You need to be prepared to handle strict deadlines. You'll have meetings and maybe occasional travel. You'll do a lot of data collecting and problem solving. You need to be comfortable working with other people and presenting to groups.

How do I know if I'd make a good budget analyst?

You'll want to have strong skills in math and accounting.

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You'll also need to be a good communicator.

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You would enjoy this work if you like data and working with computers.

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This career fits well for people who have interests in conventional, enterprising, and investigative careers. Not sure if these are for you? Take the O*Net Interest Profiler to find out!


Most positions require a college degree.

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The most common major to become a budget analyst is business, but social science, psychology, or math could also work.

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If this career sounds like a good fit for you, you can take these next steps:


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