10. Budget Analyst
Median Salary in USD: 81,550
Minimum Salary in USD: 48,300
Job Outlook (Growth in %): 7.00
When we are listing entry level job opportunities for economics majors, the list seems to go on and on, and opposite to that budget analysts work involves keeping in limit the resource allocation. They review the resource requirements for projects or departments or for businesses as a whole and accordingly set the upper limits of resources mainly financial resource allocation. Their work helps managers in the backward calculating allocation of time and manpower as well as other resources. Budget analysts apart from setting the budgets also take up the role of monitoring so as to keep the expenditure within the budget, thereby maximizing profitability. They perform an integral role in developing a strategic roadmap for the companies by estimating future needs for fund based on the growth plans. Some of the most important skills are strategic thinking, emphasis on details and report writing.
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