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Budget Analysts
 
Description

Budget Analysts - Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.

O*NET code 13-2031.00

 
Wages

The national average annual salary for this occupation is $70,660 per year. Nationally, the average hourly wage for this occupation is $33.97. The average wage in New Mexico is below the national average. In New Mexico, the average hourly wage is $31.81 and most workers in this occupation earn between $22.83 and $36.30 per hour.

In the table click on the "+" sign to expand/collapse areas.

New Mexico Local Wages for Budget Analysts
AreaEntry WageAverage WageExperienced Wage
National Annual$70,660
National Hourly$33.97
Statewide Annual$47,485$66,159$75,496
Statewide Hourly$22.83$31.81$36.30
+ Metro Areas
Albuquerque Annual$52,434$71,033$80,333
Hourly $25.21$34.15$38.62
Farmington Annual$41,576$59,165$67,959
Hourly $19.99$28.44$32.67
Las Cruces Annual---
Hourly ---
Santa Fe Annual---
Hourly ---
+ Regions
Central Annual$52,434$71,033$80,333
Hourly $25.21$34.15$38.62
Eastern Annual$34,874$47,363$53,608
Hourly $16.77$22.77$25.77
Northern Annual$49,406$66,842$75,560
Hourly $23.75$32.14$36.33
Southwestern Annual$49,411$65,266$73,193
Hourly $23.76$31.38$35.19

A dash '-' indicates that information is not available for this occupation or area.
Metro Areas refer to Metropolitan Statistical Areas.
Regions refer to Workforce Investment Areas.
For more detailed information about New Mexico wages visit the Occupational Employment Statistics program website. Information displayed represents annual 2010 wages.

 
Career Clusters

Click on the career cluster icon to see a plan of study that will help you complete your Next Step Plan. The Career Plan of Study is a Microsoft Excel document. Many occupations will fit into several career clusters.

 
Job Growth

New Mexico

2008 to 2018

In 2008 there were about 680 workers in this occupation in New Mexico. The Department of Workforce Solutions estimates that by 2018 this number will increase by about 12 percent and an estmated 760 will be employed in this occupation. Compared to other occupations, employment growth in this occupation is growing more slowly than the average. Job opportunities indicate few and keen competition, as there should be about 8 openings each year for workers in this occupation.

In the Table click on the "+" sign to expand/collapse areas

New Mexico Local Needs for Budget Analysts
AreaEstimated
Employment
2008
Projected
Employment
2018
Annual
Percent
Change
Total
Annual
Average
Openings
New Mexico6807601.14%8
+ Metro Areas
Albuquerque2903201.05%3
Farmington----
Las Cruces----
Santa Fe1001101.36%1
+ Regions
Central2903201.05%3
Eastern80900.69%1
Northern2402801.38%4
Southwestern50500.40%0

A dash '-' indicates that information is not available for this occupation or area.
Metro Areas refer to Metropolitan Statistical Areas.
Regions refer to Workforce Investment Areas.

 
Education

Budget Analysts usually need Bachelor's Degree.

Education LevelPercentage
Bachelor's Degree65%
Master's Degree11%
High School Diploma (or GED or High School Equivalence Certificate)8%
Associate's Degree (or other 2-year degree)6%
Some College Courses6%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree, but do not meet the requirements of academic degrees carrying the title of Master.4%

Information based on O*NET data and is the result of a national survey.

Use this list to find educational opportunities for this occupation. Contact the specific schools directly to find out application requirements and program availability.

In the table click on the "+" sign to expand/collapse areas.

New Mexico Schools with programs for Budget Analysts
+ American Public University System-Hollom
Website:http://www.amu.apus.edu/index.htm
TypeStandardized Program Title
Associate's DegreeAccounting
+ Brookline College
Website:http://brooklinecollege.edu/locations/albuquerque/
TypeStandardized Program Title
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
+ Brown Mackie College- Albuquerque
Website:http://www.brownmackie.edu/albuquerque/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Central New Mexico Community College
Website:http://www.cnm.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
Postsec. Awards/Cert./Diplomas; 2-4yrs.Accounting
+ Central New Mexico Community College-Mon
Website:http://www.cnm.edu/campus/montoya/index.php
TypeStandardized Program Title
Associate's DegreeAccounting
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
Postsec. Awards/Cert./Diplomas; 2-4yrs.Accounting
+ Central New Mexico Community College-Sou
Website:http://www.cnm.edu/svc/index.php
TypeStandardized Program Title
Associate's DegreeAccounting
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
Postsec. Awards/Cert./Diplomas; 2-4yrs.Accounting
+ Central New Mexico Community College-Wes
Website:http://www.cnm.edu/campus/westside/index.php
TypeStandardized Program Title
Associate's DegreeAccounting
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
Postsec. Awards/Cert./Diplomas; 2-4yrs.Accounting
+ Central New Mexico Community College-Wo
Website:http://www.cnm.edu/campus/wtc/index.php
TypeStandardized Program Title
Associate's DegreeAccounting
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
Postsec. Awards/Cert./Diplomas; 2-4yrs.Accounting
+ Clovis Community College
Website:http://www.clovis.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Computer Career Center
Website:http://www.vistacollege.edu/campuses/las-cruces-nm/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Eastern New Mexico University - Main Campus
Website:http://www.enmu.edu
TypeStandardized Program Title
Bachelor's DegreeAccounting
+ Eastern New Mexico University - Roswell
Website:http://www.roswell.enmu.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Lewis University - Albuquerque
Website:http://www.lewisu.edu/campuses/albuquerque/index.htm
TypeStandardized Program Title
Associate's DegreeAccounting
+ Luna Community College Main Campus
Website:http://luna.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Luna Community College, Mora
Website:http://luna.edu/mora/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Luna Community College, Santa Rosa
Website:http://luna.edu/santa_rosa/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Luna Community College, Springer
Website:http://luna.edu/springer/
TypeStandardized Program Title
Associate's DegreeAccounting
+ National American University - Alb
Website:http://www.national.edu/Locations/Albuquerque/Pages/default.aspx
TypeStandardized Program Title
Bachelor's DegreeAccounting
+ National American University -Rio Rancho
Website:http://www.national.edu/Locations/RioRancho/Pages/default.aspx
TypeStandardized Program Title
Bachelor's DegreeAccounting
+ New Mexico State University main campus(NMSU)
Website:http://www.nmsu.edu
TypeStandardized Program Title
Bachelor's DegreeAccounting
Master's DegreeAccounting
Bachelor's DegreeFinance, General
+ Northern New Mexico College
Website:http://www.nnmc.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
+ Northern New Mexico College - El Rito
Website:http://www.nnmc.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
+ Santa Fe Community College
Website:http://www.sfcc.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
+ Univerisity of New Mexico - Gallup
Website:http://www.gallup.unm.edu/
TypeStandardized Program Title
Associate's DegreeAccounting
+ University of New Mexico - Los Alamos
Website:http://www.la.unm.edu/
TypeStandardized Program Title
Postsec. Awards/Cert./Diplomas; 1-2 yrs.Accounting
+ University of New Mexico Main Campus-UNM
Website:http://www.unm.edu
TypeStandardized Program Title
Master's DegreeAccounting
+ University of Saint Francis
Website:https://www.stfrancis.edu/usf-campuses/albuquerque-new-mexico/
TypeStandardized Program Title
Associate's DegreeAccounting
Associate's DegreeFinance, General
+ University of the Southwest
Website:http://www.usw.edu/
TypeStandardized Program Title
Bachelor's DegreeAccounting
+ UNM School of Continuing Education
Website:http://dce.unm.edu/
TypeStandardized Program Title
Postsec. Awards/Cert./Diplomas; < 1 yr.Accounting
+ Western Governors University (WGU)
Website:http://www.wgu.edu/
TypeStandardized Program Title
Bachelor's DegreeAccounting
Bachelor's DegreeFinance, General
+ Western New Mexico University
Website:http://www.wnmu.edu/
TypeStandardized Program Title
Bachelor's DegreeAccounting

This list is updated once a year and is compiled from the NM Department of Higher Education and other sources.

 
License

No New Mexico occupational license is required.

 
WorkKeys Skill Levels

No WorkKeys scores are available for this particular occupation.

For further information on WorkKeys please visit the ACT-WorkKeys website. Skill levels are provided for individuals who know thier scores.

 
Industires that Hire Budget Analysts in New Mexico.
IndustryPercent of Employed
Administrative and Support Services*
Ambulatory Health Care Services*
Educational Services6.7%
Hospitals*
Insurance Carriers and Related Activities*
Management of Companies and Enterprises*
Oil and Gas Extraction*
Professional, Scientific, and Technical Services*

* Data is confidential.

Source: NMDWS, Economic Research and Analysis Bureau

 
Common Titles
  • Accountant
  • Accounting Supervisor
  • Budget Analyst
  • Budget Coordinator
  • Budget Examiner
  • Budget Officer
  • Budget and Policy Analyst
  • Chief Financial Officer (CFO)
  • Controller
  • Cost Accountant
  • Cost Analyst
  • Engineer, Budget
  • Financial Analyst
  • Fiscal Agent
  • Fiscal Officer
  • Staff Analyst

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