All About Operations Research Analysts
Example of Operations Research Analyst Job Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, service, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.
List of Operations Research Analyst Job Duties
- Develop and apply time and cost networks to plan, control, and review large projects.
- Perform validation and testing of models to ensure adequacy and reformulate models as necessary.
- Present the results of mathematical modeling and data analysis to management or other end users.
- Prepare management reports defining and evaluating problems and recommending solutions.
- Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
- Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
Qualities of an Operations Research Analyst
Operations Research Analysts state the following job skills are important in their day-to-day work.
Mathematics: Using mathematics to solve problems.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Complex Problem Solving: Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
Writing: Communicating effectively in writing as appropriate for the needs of the audience.
Systems Evaluation: Identifying measures or indicators of system performance and the actions needed to improve or correct performance, relative to the goals of the system.
Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.
Other Operations Research Analyst Job Titles
- Process Analyst
- Business Analytics Director
- Material Liaison
- Analytical Strategist
- Office System Analyst
Is There Going to be Demand for Operations Research Analysts?
In the United States, there were 114,000 jobs for Operations Research Analyst in 2016. New jobs are being produced at a rate of 27.5% which is above the national average. The Bureau of Labor Statistics predicts 31,300 new jobs for Operations Research Analyst by 2026. The BLS estimates 10,700 yearly job openings in this field.
The states with the most job growth for Operations Research Analyst are Utah, South Dakota, and Nevada. Watch out if you plan on working in Alaska, Maryland, or Vermont. These states have the worst job growth for this type of profession.
Do Operations Research Analysts Make A Lot Of Money?
The salary for Operations Research Analysts ranges between about $46,810 and $136,250 a year.
Operations Research Analysts who work in District of Columbia, Hawaii, or Virginia, make the highest salaries.
How much do Operations Research Analysts make in each U.S. state?
|State||Annual Mean Salary|
|District of Columbia||$109,400|
Tools & Technologies Used by Operations Research Analysts
Below is a list of the types of tools and technologies that Operations Research Analysts may use on a daily basis:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Microsoft Access
- Data entry software
- Microsoft Project
- Microsoft SharePoint
- Microsoft Visio
- Structured query language SQL
- The MathWorks MATLAB
- Microsoft Dynamics
- IBM Notes
- Microsoft Visual Basic
- Google Docs
How to Become an Operations Research Analyst
What education is needed to be an Operations Research Analyst?
How Long Does it Take to Become an Operations Research Analyst?
Who Employs Operations Research Analysts?
The table below shows the approximate number of Operations Research Analysts employed by various industries.
Those interested in being an Operations Research Analyst may also be interested in:
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