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Careersβ€ΊRolesβ€ΊJunior Budget Analyst / Budget Analyst I
Junior

Junior Budget Analyst / Budget Analyst I

As a Junior Budget Analyst, you work alongside senior budget staff while learning the craft of organizational budget work β€” supporting variance analysis, helping with budget cycles, learning the systems and stakeholder dynamics that shape budget operations. The work tends to be supervised and learning-rich.

Career Level
Junior
Mid
Senior
Director
VP
Executive
Work Personality
C
E
I
S
A
R
Conventionalorganizing, detail-oriented
Enterprisingleading, persuading
Based on Holland Code framework
Industries that often hire Junior Budget Analyst / Budget Analyst Is
Government Β· 50%Education Β· 14%Professional Services Β· 10%Healthcare Β· 4%Manufacturing Β· 4%Financial Services Β· 3%
Job markets for Junior Budget Analyst / Budget Analyst Is
Where Junior Budget Analyst / Budget Analyst I jobs concentrate Β· ~165 metro areas
Based on employment in related occupations
Mapped SOC categories:
Business Operations
BLS Occupational Employment Statistics
Jump to:What it's likeCareer pathsBy the numbers
What it's like

What it's like to be a Junior Budget Analyst / Budget Analyst I

Most days mix supervised budget work with structured learning β€” supporting actuals-vs-forecast analysis, helping with quarterly close and variance commentary, supporting budget cycles, learning the office's tools (Excel, Hyperion, Anaplan, specialty systems), and partnering with senior staff and program owners. You're often working in government, healthcare, higher-ed, corporate finance, or nonprofit settings, and the sector shapes daily texture.

What tends to be harder than people expect is the political dimension of budget work that surfaces even at junior level. Budgets are rarely just numbers, stakeholder politics can complicate variance conversations, and annual cycles create predictable workload spikes. Mentorship quality, exposure to multiple program areas, and certification pursuit (CGFM, CDFM, CMA) shape early career growth.

People who tend to thrive here are methodical, comfortable with numbers, willing to learn from senior staff, and patient with cross-functional work. If you want fast operational work, budget runs on cycles. If you like building a foundation in financial analysis, the early years build a base toward senior budget analyst, FP&A, or finance leadership paths.

What people in this role value
Working ConditionsAbove avg
SupportModerate
IndependenceModerate
AchievementModerate
RecognitionModerate
RelationshipsLower
O*NET Work Values survey
✦ Editorial β€” written by Truest from industry research and career patterns
Career Paths

Where this role sits in the broader career landscape β€” and where it can take you.

Earning potential across this track
$239K$179K$119K$60K$0KLower paying387 metro areas, sorted by salary level
All experience levels1
This level's estimated range
INDUSTRIES PAYING ABOVE AVERAGE
Technology & Information$101K+9%
Energy & Utilities$100K+8%
Professional Services$98K+6%
Financial Services$83K-11%
Government$76K-17%
Compared to Business Operations average across all industries
1 BLS OEWS May 2024 covers all Junior Budget Analyst / Budget Analyst Is (SOC 13-2031.00), not just this title Β· BEA RPP 2023
* Top salaries exceed this figure. BLS caps reported wages at ~$240K to protect individual privacy in high-earning roles.
Related rolesExplore Business Operations β†’
Junior Budget Analyst / Budget Analyst IJunior Cost AccountantJunior Financial Services OfficerJunior Financial Management Analyst
Exploring the Junior Budget Analyst / Budget Analyst I career path? Truest helps you figure out if it's the right fit β€” and plan your path forward.
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✦ Editorial β€” career progression and interview guidance based on industry patterns
The Broader Landscape

Roles like this one sit within a broader occupational category. The numbers below reflect that full landscape β€” helpful for context, but your specific experience will depend on level, specialty, and where you work.

$61K–$135K
Salary Range
10th – 90th percentile
47K
U.S. Employment
+1%
10yr Growth
3K
Annual Openings

How Junior Budget Analyst / Budget Analyst I pay & employment are changing

$74K$71K$68K$65K$62K201920202021202220232024$62K$74K
BLS OEWS May 2024 Β· BLS Employment Projections 2024–2034

Skills & Requirements

Critical ThinkingMathematicsReading ComprehensionComplex Problem SolvingJudgment and Decision MakingActive ListeningSpeakingManagement of Financial ResourcesActive LearningWriting
O*NET OnLine Β· Bureau of Labor Statistics
Mapped SOC Codes
13-2031.00

Explore related roles

Roles with similar work and overlapping career paths

midBudget Analyst$88KmidCost Accountant$85KseniorSenior Cost Accountant$85KmidProgram Analyst$96KseniorSenior Program Analyst$96KmidFiscal Analyst$95K
View all Business Operations roles β†’

Common questions about what it's like to be a Junior Budget Analyst / Budget Analyst I

What does a Junior Budget Analyst / Budget Analyst I do?

As a Junior Budget Analyst, you work alongside senior budget staff while learning the craft of organizational budget work β€” supporting variance analysis, helping with budget cycles, learning the systems and stakeholder dynamics that shape budget operations. The work tends to be supervised and learning-rich.

How much does a Junior Budget Analyst / Budget Analyst I make?

Median pay for a Junior Budget Analyst / Budget Analyst I is about $88K nationally, with the field ranging roughly from $61K to $135K depending on experience, employer, and metro (BLS).

What skills does a Junior Budget Analyst / Budget Analyst I need?

Core skills for this role include Critical Thinking, Mathematics, Reading Comprehension, Complex Problem Solving, and Judgment and Decision Making.

What education do you need to be a Junior Budget Analyst / Budget Analyst I?

Most people in this role hold a bachelor's degree.

Is a Junior Budget Analyst / Budget Analyst I in demand?

Employment in this field is projected to grow about 1% through 2034, with roughly 47,170 people working in it today (BLS).

What jobs are similar to a Junior Budget Analyst / Budget Analyst I?

Closely related roles include Budget Analyst, Cost Accountant, and Senior Cost Accountant.

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Federal data: BLS Occupational Employment & Wage Statistics (May 2024) Β· BLS Employment Projections Β· O*NET OnLine
Truest editorial: Fit check, role profile, things that vary, advancement analysis, lateral moves, interview questions.