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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.

Life As an Operations Research Analyst

  • Specify manipulative or computational methods to be applied to models.
  • Observe the current system in operation and gather and analyze information about each of the parts of component problems, using a variety of sources.
  • Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
  • Define data requirements and gather and validate information, applying judgment and statistical tests.
  • Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.
  • Analyze information obtained from management to conceptualize and define operational problems.

Qualities of an Operations Research Analyst

Below is a list of the skills most Operations Research Analysts say are important on the job.

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

  • Methods Analyst
  • Decision Support Analyst
  • Forms Analyst
  • Liaison Planner
  • Operations Research Director

Job Opportunities 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.

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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.

Salary for an Operations Research Analyst

The salary for Operations Research Analysts ranges between about $46,810 and $136,250 a year.

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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

What Tools do Operations Research Analysts Use?

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
  • 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

How to Become an Operations Research Analyst

Education needed to be an Operations Research Analyst:

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What work experience do I need to become an Operations Research Analyst?

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Where Operations Research Analysts Work

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Operations Research Analysts work in the following industries:

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

References:

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