Career roadmap

How to Become a Budget Analyst

The education, training, certifications and steps it takes to start working as a budget analyst, plus how long it takes and where the career can lead.

Updated By the Career Education Institute Curriculum Team
How do you become a budget analyst?

To become a budget analyst: (1) earn a bachelor’s, (2) learn Excel deeply, (3) join a budget office, (4) earn the CGFM, (5) advance. Most people need about Entry-level with a degree. BLS lists “bachelor's degree” as the typical entry-level education.

5 steps to become a budget analyst

  1. Earn a bachelor’s

    Finance or accounting.

  2. Learn Excel deeply

    Core skill.

  3. Join a budget office

    Analyst.

  4. Earn the CGFM

    Credential.

  5. Advance

    Budget manager.

Education and training requirements

A bachelor’s degree in accounting, finance, economics or public administration is typical.

Typical entry-level education (BLS)Bachelor's degree
Related work experienceNone
On-the-job trainingNone
Typical training timeEntry-level with a degree

Certifications and licenses

  • CGFM: Certified Government Financial Manager.
  • CPA: Optional.
  • CMA: Management accountant.
  • MPA: Master of Public Administration, optional.

Skills to build now

Start with budget preparation, financial analysis, and forecasting, and practice attention to detail and communication. Learning the budget analyst vocabulary early makes training and interviews easier.

Where the career can lead

  1. Budget Analyst: Entry.
  2. Senior Budget Analyst: Lead areas.
  3. Budget Manager: Lead teams.
  4. Budget Director: Lead budgets.

Get a head start

Our self-paced Budget Analyst training gives you a realistic, practical overview of the job (duties, terminology, step-by-step tasks, safety and interview prep) so you can decide with confidence and show employers you’re serious.

Common questions about getting started

How long does it take to become a budget analyst?

Most people need about Entry-level with a degree of training. A bachelor’s degree in accounting, finance, economics or public administration is typical.

Do you need a degree to be a budget analyst?

Usually, yes. BLS lists a bachelor's degree as the typical entry-level education, although skills, certifications and experience can sometimes substitute.

What certifications are available for budget analysts?

Common credentials include CGFM, CPA, CMA, and MPA. Requirements vary by state and employer.

Sources

Reviewed by the Career Education Institute Curriculum Team. Pay figures are national estimates; local pay varies. See our editorial policy.

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