They are interested in finding the most efficient distributions of funds and other resources among various departments and programs. One of their major responsibilities is to provide advice and technical assistance in the preparation of annual budgets. Analysts periodically monitor the budget by reviewing reports and accounting records to determine if allocated funds have been spent as specified. Most private firms and government agencies require candidates for a budget analyst position to have at least a bachelor s degree in accounting. Some states and other employers require a candidate to possess a master s degree to ensure adequate analytical and communication skills.
Some firms prefer candidates with business backgrounds.
Computer skills are helpful as well. Those interested in becoming a budget analysts must be able to work under strict time constraints. Capable entry level analysts can be promoted into intermediate level positions within 1 or 2 years, then senior positions within a few more years. Louis, William Jewell College, William Woods University. Sometimes, experience is more beneficial.