Program analysts, often titled management analysts, might also be called on to gather information and write a report on the nation's model tutoring programs or the impact of new legislation on community banks. Most program analysts earn $50,000 to $100,000 annually and receive an excellent government benefits package. Getting there: Master's degrees, such as in public policy, are often preferred, but many program analysts have just a bachelor's degree or even less, with in-house or outside training added later. Learn more: 1  Official federal job description.  Field training requirements.