Minnesota·Business and Financial Operations Occupations·SOC 13-2031

Best Budget Analyst programs in Minnesota, ranked by enrollment

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations.

51 schools in Minnesota run programs that feed this job, graduating 2,269 people a year. The job pays a median of $85,970 in Minnesota across about 450 jobs (BLS OEWS May 2025).

Also calledBudget AnalystBudget OfficerBudget Planning AnalystBudget and Policy AnalystCost AnalystFiscal AgentFiscal AnalystFiscal Officer
Graduates / yr
2,269
in Minnesota
Median pay · Minnesota
$85,970
BLS OEWS May 2025
Jobs in state
450
people employed
Schools
51
with a feeder program
Avg graduation rate
51%
across those schools
Median net price
$21,607
per year, IPEDS

Fields of study in Minnesota that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

3 programs in Minnesota that lead to this job

Ranked by graduates per year in Minnesota (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Minnesota page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 52.0301In Minnesota
1,313
57.9%
48$51,824$24,433
2
CIP 52.0801In Minnesota
944
41.6%
26$53,572$23,672
3
CIP 52.0304In Minnesota
12
0.5%
3$51,824$24,433

Top 25 schools in Minnesota

Ranked by graduates per year into this job. Graduate earnings are reported for 29 of the 51 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1University of Minnesota - Twin Cities
Minneapolis, MN Public · 2 feeder programs
391Finance, General$69,09485%80%
2Minnesota State University - Mankato
Mankato, MN Public · 2 feeder programs
273Accounting$60,57354%88%
3University of St Thomas
Saint Paul, MN Private not-for-profit · 2 feeder programs
184Finance, General$66,00676%$28,88885%
4Capella University
Minneapolis, MN Private for-profit · 2 feeder programs
132Accounting$57,20120%$19,369
5University of Minnesota - Duluth
Duluth, MN Public · 2 feeder programs
117Finance, General$51,95365%89%
6Metropolitan State University
Saint Paul, MN Public · 2 feeder programs
97Accounting$54,13744%99%
7Saint Cloud State University
Saint Cloud, MN Public · 2 feeder programs
72Accounting$58,49740%95%
8University of Minnesota - Crookston
Crookston, MN Public · 2 feeder programs
70Accounting$56,62750%88%
9Winona State University
Winona, MN Public · 2 feeder programs
60Accounting$55,89857%75%
10Bemidji State University
Bemidji, MN Public · 1 feeder programs
58Accounting$58,44648%56%
11Saint Johns University
Collegeville, MN Private not-for-profit · 2 feeder programs
55Accounting$61,13575%$19,90091%
12Rasmussen University - Minnesota
St. Cloud, MN Private for-profit · 2 feeder programs
43Accounting$47,50653%$19,944
13Augsburg University
Minneapolis, MN Private not-for-profit · 2 feeder programs
39Finance, General$63,59852%$23,58582%
14Century College
White Bear Lake, MN Public · 1 feeder programs
39Accounting$46,99631%
15Saint Mary's University of Minnesota
Winona, MN Private not-for-profit · 2 feeder programs
38Accounting$54,83366%$18,16393%
16Minnesota State University Moorhead
Moorhead, MN Public · 2 feeder programs
37Finance, General$48,12157%59%
17Concordia College at Moorhead
Moorhead, MN Private not-for-profit · 2 feeder programs
36Finance, General$59,10461%$23,42563%
18Saint Paul College
Saint Paul, MN Public · 3 feeder programs
33Accounting40%
19Summit Academy Opportunities Industrialization Center
Minneapolis, MN Private not-for-profit · 1 feeder programs
31Finance, General64%$17,453
20Gustavus Adolphus College
Saint Peter, MN Private not-for-profit · 1 feeder programs
30Accounting$64,09477%$21,60761%
21Normandale Community College
Bloomington, MN Public · 1 feeder programs
28Accounting27%
22The College of Saint Scholastica
Duluth, MN Private not-for-profit · 2 feeder programs
28Finance, General$52,67771%$21,15093%
23University of Northwestern - St Paul
Saint Paul, MN Private not-for-profit · 2 feeder programs
28Accounting$62,60368%$23,11493%
24Minnesota State Community and Technical College
Fergus Falls, MN Public · 1 feeder programs
27Accounting$39,74247%
25Southwest Minnesota State University
Marshall, MN Public · 2 feeder programs
27Accounting45%62%

All 51 schools in Minnesota

Every school in Minnesota with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Minnesota that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
University of Minnesota - Twin CitiesMinneapolisPublic3912
Minnesota State University - MankatoMankatoPublic2732
University of St ThomasSaint PaulPrivate not-for-profit1842
Capella UniversityMinneapolisPrivate for-profit1322
University of Minnesota - DuluthDuluthPublic1172
Metropolitan State UniversitySaint PaulPublic972
Saint Cloud State UniversitySaint CloudPublic722
University of Minnesota - CrookstonCrookstonPublic702
Winona State UniversityWinonaPublic602
Bemidji State UniversityBemidjiPublic581
Saint Johns UniversityCollegevillePrivate not-for-profit552
Rasmussen University - MinnesotaSt. CloudPrivate for-profit432
Augsburg UniversityMinneapolisPrivate not-for-profit392
Century CollegeWhite Bear LakePublic391
Saint Mary's University of MinnesotaWinonaPrivate not-for-profit382

What budget analysts earn in Minnesota

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Minnesota
$85,970
Mean annual
$94,810
Jobs in state
450
What the range looks like
10th pct$65,160Median$85,97090th pct$134,040
Versus the national median
-6.2%

U.S. median $91,640. Minnesota pays below the national figure.

Job concentration
0.50×

1.00× means the state has its expected share of these jobs.

Metro areas in Minnesota

Minneapolis-St. Paul-Bloomington, MN-WI
$84,450median
360 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+1.0%
Little or no change
Openings per year
3,100
new jobs plus replacements
Employment change
500
50,400 → 51,000
Typical entry education
Bachelor's degree

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Budget Analysts page.

How to become a Budget Analyst

Job zone 4 of 5 · SVP 7.0 to < 8.0
Typical entry education
Bachelor's degree

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Top skills

Critical ThinkingMathematicsReading ComprehensionSpeakingActive ListeningActive Learning

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Minnesota

Every major mapped to this job

The official federal mapping behind the rankings above.

All 4 majors mapped to Budget Analysts4 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 52.0301Accounting
  • 52.0304Accounting and Finance
  • 52.0801Finance, General
  • 52.0808Public Finance

Common questions

Answers for people weighing budget analysts programs in Minnesota.

What degree do you need to become a Budget Analyst?+

Bachelor's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Accounting, which awarded 1,313 degrees in Minnesota in 2024-25, 57.9% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming a Budget Analyst?+

The NCES CIP-to-SOC crosswalk maps 3 programs to this occupation. The largest are Accounting and Related Services, Finance and Financial Management Services. Together they graduate about 2,269 people a year in Minnesota.

How much do budget analysts earn in Minnesota?+

The median is $85,970 a year (BLS OEWS May 2025). That is 6.2% below the U.S. median of $91,640. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for budget analysts growing?+

BLS projects a +1.0% change in employment between 2024 and 2034, little or no change, with roughly 3,100 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Minnesota?+

51 institutions in Minnesota reported graduates from at least one of the 3 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do budget analysts work under?+

Employers advertise this work under many names. O*NET records Budget Analyst, Budget Officer, Budget Planning Analyst, Budget and Policy Analyst among the most commonly reported, all mapping to SOC 13-2031.

Programs in MinnesotaAccountingFinance, General

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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