1. How much does a budget analyst make in the US?
The salary for an Entry Budget Analyst in the US ranges from $59,690 to $75,090, with a midpoint of $66,890. This reflects the base salary, and additional cash compensation may vary. Overall, the compensation can be competitive depending on experience and location.
2. Is $40 000 a good entry level salary?
Earning $40,000 a year is below the entry-level salary range for a Budget Analyst, where the minimum is $59,690. While it may suffice for someone with low expenses, it falls short compared to the average entry-level salary, which is around $66,890. To align with industry standards, aiming for a salary closer to the minimum is advisable.
3. What is a 13-2031 budget analyst?
A 13-2031 Budget Analyst evaluates budget estimates for completeness, accuracy, and compliance with regulations. They analyze budgeting and accounting reports. The salary range for this position typically falls between $59,690 and $75,090, with a median salary of $66,890. This role excludes Financial and Investment Analysts (13-2051).
4. Is budget analyst a good career?
The budget analyst profession can be a rewarding career for detail-oriented and analytical individuals who excel with numbers. Entry-level budget analysts earn between $59,690 and $75,090, with a median salary of $66,890. This competitive salary makes it an attractive option compared to many other occupations.
5. How do I become a budget analyst with no experience?
To become a budget analyst with no experience, start by earning a bachelor's degree in finance or a related field. Consider obtaining a certification to enhance your qualifications. Attend networking events and study industry trends to build knowledge. Pursue internships to gain practical experience and develop relevant skills independently. Entry-level salaries range from $59,690 to $75,090.
6. How to prepare for a budget analyst interview?
To prepare for a budget analyst interview, focus on key questions that assess analytical skills, attention to detail, and time management. Familiarize yourself with financial terminology and prepare questions that evaluate both technical and soft skills. Entry-level budget analysts can expect salaries ranging from $59,690 to $75,090, with a midpoint of $66,890.