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Operations Research Analyst

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What You Need to Know About Operations Research Analyst

Operations Research Analyst Definition 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.

Daily Life Of an Operations Research Analyst

  • Prepare management reports defining and evaluating problems and recommending solutions.
  • Design, conduct, and evaluate experimental operational models in cases where models cannot be developed from existing data.
  • Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
  • Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
  • Define data requirements and gather and validate information, applying judgment and statistical tests.
  • Perform validation and testing of models to ensure adequacy and reformulate models as necessary.

Operations Research Analyst Required Skills

These are the skills Operations Research Analysts say are the most useful in their careers:

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.

Types of Operations Research Analyst

  • Systems Consultant
  • Decision Analyst
  • Methods Analyst
  • SOC Analyst (Security Operations Center Analyst)
  • Procedure Analyst

Job Outlook for Operations Research Analysts

There were about 114,000 jobs for Operations Research Analyst in 2016 (in the United States). 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. There will be an estimated 10,700 positions for Operations Research Analyst per year.

Forecasted Number of Jobs for Operations Research Analysts in U.S.

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.

Operations Research Analyst Average Salary

The average yearly salary of an Operations Research Analyst ranges between $46,810 and $136,250.

Salary Ranges for Operations Research Analysts

Operations Research Analysts who work in District of Columbia, Hawaii, or Virginia, make the highest salaries.

Below is a list of the median annual salaries for Operations Research Analysts in different U.S. states.

State Annual Mean Salary
Alabama $89,380
Alaska $72,130
Arizona $76,760
Arkansas $61,360
California $95,470
Colorado $90,270
Connecticut $90,230
Delaware $86,690
District of Columbia $109,400
Florida $73,710
Georgia $69,370
Hawaii $102,270
Idaho $74,090
Illinois $96,630
Indiana $68,560
Iowa $81,990
Kansas $85,050
Kentucky $70,010
Louisiana $60,440
Maine $77,750
Maryland $99,870
Massachusetts $88,190
Michigan $88,820
Minnesota $89,020
Mississippi $74,690
Missouri $77,210
Montana $67,420
Nebraska $62,030
Nevada $85,800
New Hampshire $95,830
New Jersey $106,820
New Mexico $86,080
New York $102,560
North Carolina $84,860
North Dakota $64,580
Ohio $82,810
Oklahoma $68,090
Oregon $85,780
Pennsylvania $87,210
Rhode Island $92,100
South Carolina $76,670
Tennessee $69,480
Texas $82,660
Utah $73,200
Vermont $85,140
Virginia $104,980
Washington $93,080
West Virginia $56,640
Wisconsin $72,900

Tools & Technologies Used by Operations Research Analysts

Although they’re not necessarily needed for all jobs, the following technologies are used by many Operations Research Analysts:

  • Microsoft Excel
  • Microsoft Word
  • Microsoft Office
  • Microsoft PowerPoint
  • Python
  • Microsoft Access
  • MySQL
  • Data entry software
  • SAP
  • Microsoft Project
  • Microsoft SharePoint
  • Microsoft Visio
  • Structured query language SQL
  • The MathWorks MATLAB
  • Microsoft Dynamics
  • SAS
  • Linux
  • IBM Notes
  • Microsoft Visual Basic
  • Google Docs

Becoming an Operations Research Analyst

What kind of Operations Research Analyst requirements are there?

Operations Research Analyst Degree Level

How many years of work experience do I need?

Operations Research Analyst Work Experience

Where Operations Research Analysts Work

Operations Research Analyst Sectors

Operations Research Analysts work in the following industries:

Operations Research Analyst Industries

You May Also Be Interested In…

Those thinking about becoming an Operations Research Analyst might also be interested in the following careers:

References:

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