Alternative investment Fund Managers Directive 2011
Bachelor's degree 84,300 Financial Managers Financial managers are responsible for the financial health of an organization. They produce financial reports, direct investment activities, and develop strategies and plans for the long-term financial goals of their organization. Bachelor's degree 125,080 Management Analysts Management analysts, duke often called management consultants, propose ways to improve an organizations efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues. Bachelor's degree 82,450 Tax Examiners and Collectors, and revenue short agents Tax examiners and collectors, and revenue agents determine how much is owed in taxes and collect tax from individuals and businesses on behalf of federal, state, and local governments. They review tax returns, conduct audits, identify taxes owed, and collect overdue tax payments. Bachelor's degree 53,130 Actuaries Actuaries analyze the financial costs of risk and uncertainty. They use mathematics, statistics, and financial theory to assess the risk of potential events, and they help businesses and clients develop policies that minimize the cost of that risk. Actuaries work is essential to the insurance industry. Bachelor's degree 101,560 Financial Examiners Financial examiners ensure compliance with laws governing financial institutions and transactions. They review balance sheets, evaluate the risk level of loans, and assess bank management.
They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently. Bachelor's degree 69,350 Cost Estimators Cost estimators collect and analyze data in order to estimate the time, money, materials, and labor required to manufacture a product, construct a building, or provide a service. They generally specialize in a particular product or industry. Bachelor's degree 63,110 revelation Economists Economists study the production and distribution of resources, goods, and services by collecting and analyzing data, researching trends, and evaluating economic issues. Master's degree 102,490 Financial Analysts Financial analysts provide guidance to businesses and individuals making investment decisions. They assess the performance of stocks, bonds, and other types of investments.
Information on this site allows projected employment growth for an occupation to be compared among states or to be compared within one state. In addition, states may produce projections for areas; there are links to each states websites where these data may be retrieved. CareerOneStop CareerOneStop includes hundreds of occupational profiles with data available by list state and metro area. There are links in the left-hand side menu to compare occupational employment by state and occupational wages by local area or metro area. There is also a salary supermarket info tool to search for wages by zip code. Similar Occupations This table shows a list of occupations with job duties that are similar to those of budget analysts. Occupation Job Duties entry-level education 2017 median pay accountants and Auditors Accountants and auditors prepare and examine financial records.
Because budget analysts are responsible for managing the allocation of resources, the need for these workers remains even during times of tight budgets. Job Prospects Since this occupation has relatively few job openings due to separations, jobseekers are likely to face competition for the limited number of budget analyst positions. Employment projections data for budget analysts, 2016-26 Occupational Title soc code Employment, 2016 Projected Employment, 20-26 Employment by Industry percent Numeric Budget analysts,400 62,200 7 3,800 xlsx Occupational Employment Statistics (OES) The Occupational Employment Statistics (OES) program produces employment and wage estimates annually for over. These estimates are available for the nation as a whole, for individual states, and for metropolitan and nonmetropolitan areas. The link(s) below go to oes data maps for employment and wages by state and area. Projections Central Occupational employment projections are developed for all states by labor Market Information (LMI) or individual state Employment Projections offices. All state projections data are available.
M: Alternative investments: caia level
Budget analysts need strong communication skills because they often have to explain and defend their analyses and recommendations in meetings and legislative committee hearings. Creating an efficient budget requires careful analysis of each budget item. Most budget analysts need math skills and should be able to use certain software, including spreadsheets, database functions, and financial analysis programs. Budget analysts must present technical information in writing that is understandable to the intended audience. Pay budget Analysts Median annual wages, may 2017 Budget analysts 75,240 Financial specialists 70,120 Total, all occupations 37,690 The median annual wage for budget analysts was 75,2The median wage is the wage at which half the workers in an occupation earned more than that amount.
The lowest 10 report percent earned less than 49,540, and the highest 10 percent earned more than 113,740. In may 2017, the median annual wages for budget analysts in the top industries in which they worked were as follows: Professional, scientific, and technical services 82,360 Federal government 80,750 Local government, excluding education and hospitals 70,550 Educational services; state, local, and private 66,680 State. Union Membership Compared with workers in all occupations, budget analysts had a higher percentage of workers who belonged to a union in 2016. Budget Analysts Percent change in employment, projected 2016-26 Financial specialists Total, all occupations Budget analysts Employment of budget analysts is projected to grow 7 percent from 2016 to 2026, about as fast as the average for all occupations. Demand for efficient use of public funds at the federal, state, and local levels will lead to continued demand for budget analysts. Although many states are facing budget shortfalls, employment of these workers should remain steady.
The pressures of deadlines and tight work schedules can be stressful. How to become a budget Analyst Budget analysts must present technical information in writing that is understandable for the intended audience. Education Employers generally require budget analysts to have at least a bachelor's degree. Because developing a budget requires strong numerical and analytical skills, courses in accounting, economics, and statistics are helpful. Federal, state, and local governments have varying requirements, but usually require a bachelor's degree in one of many areas, such as accounting, finance, business, public administration, economics, statistics, political science, or sociology.
Sometimes, budget-related or finance-related work experience can be substituted for formal education. Licenses, certifications, and Registrations government budget analysts may earn the certified government Financial Manager credential from the Association of government Accountants. To earn this certification, candidates must have a minimum of a bachelors degree, 24 credit hours of study in financial management, and 2 years of professional-level experience in governmental financial management. They must also pass a series of exams. To keep the certification, budget analysts must take 80 hours of continuing education every 2 years. Important qualities Analytical skills. Budget analysts must be able to process a variety of information, evaluate costs and benefits, and solve complex problems.
Maine bureau of Insurance: Staff Directory
Analysts also evaluate programs to determine whether they are producing the desired results. In addition to providing technical analysis, budget analysts professional must communicate their recommendations effectively to officials within the organization. For example, if there is a difference between the approved budget and actual spending, budget analysts may write a report explaining the variations and recommend changes to reconcile the differences. Budget analysts working in government may attend committee hearings to explain their recommendations to legislators. Occasionally, budget analysts may evaluate how well a program is doing, provide policy analysis, and draft budget-related legislation. Work Environment, budget analysts work in a variety of settings including government agencies, universities, and companies. Budget analysts held about 58,4The largest employers of budget analysts were as follows: Federal government. Educational services; state, local, and private 15, state government, excluding education and hospitals 11, professional, scientific, and technical services 11, local government, excluding education and hospitals 10 Although budget analysts usually work in offices, some may travel to get biography budget details firsthand or to verify. Work Schedules Most budget analysts work full time, and overtime is sometimes required during final reviews of budgets.
Estimate future financial needs, budget analysts advise various institutions—including governments, universities, and businesses—on how to organize their writing finances. They prepare annual and special reports and evaluate budget proposals. They analyze data to determine the costs and benefits of various programs, and they recommend funding levels based on their findings. Although government officials or top executives in a private company usually make the final decision on an organizations budget, they rely on the work of budget analysts to prepare the information for that decision. Sometimes, budget analysts use costbenefit analyses to review financial requests, assess program tradeoffs, and explore alternative funding methods. Budget analysts also may examine past budgets and research economic and financial developments that affect the organizations income and expenditures. Budget analysts may recommend cutting spending on particular programs or redistributing extra funds. Throughout the year, budget analysts oversee spending to ensure compliance with the budget and determine whether changes to funding levels are needed for certain programs.
Review managers budget proposals for completeness, accuracy, and compliance with laws and other regulations. Combine all the program and department budgets together into a consolidated organizational budget and review all funding requests for merit. Explain their recommendations for funding requests to others in the organization, to legislators, and to the public. Help the chief operations officer, agency head, or other top managers analyze proposed plans and find alternatives if the projected results are unsatisfactory. Monitor organizational spending to ensure that it is within budget. Inform program managers of the status and availability of funds.
Courses in accounting, economics, and statistics are helpful. Pay, the median annual wage for budget analysts was 75,2Job Outlook, employment of budget analysts is projected to grow 7 percent from 2016 to 2026, about as fast as the average first for all occupations. The demand for budget analysts should continue because of the importance of their role in managing the allocation of funds in both governments and businesses. State area data, explore resources for employment and wages by state and area for budget analysts. Compare the job duties, education, job growth, and pay of budget analysts with similar occupations. More Information, Including Links to O*NET. Learn more about budget analysts by visiting additional resources, including O*net, a source on key characteristics of workers and occupations.
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Summary, budget analysts help public and private institutions organize their finances. What Budget Analysts do, budget analysts help public and private institutions organize their finances. They prepare budget reports and monitor institutional spending. Work Environment, budget analysts work in government agencies, universities, and private companies. Most work full time. How to become a budget Analyst. A bachelors degree is typically about required to become a budget analyst.