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Operations Research Analysts

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Life As an Operations Research Analyst

Example of an 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.

Daily Life Of an Operations Research Analyst

  • Present the results of mathematical modeling and data analysis to management or other end users.
  • Specify manipulative or computational methods to be applied to models.
  • Design, conduct, and evaluate experimental operational models in cases where models cannot be developed from existing data.
  • Observe the current system in operation and gather and analyze information about each of the parts of component problems, using a variety of sources.
  • Define data requirements and gather and validate information, applying judgment and statistical tests.
  • Prepare management reports defining and evaluating problems and recommending solutions.

What an Operations Research Analyst Should Know

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.

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

  • Risk Analyst
  • Operations Analyst
  • Office System Analyst
  • Security Operations Analyst
  • Procedure Analyst

Are There Job Opportunities for Operations Research Analysts?

In 2016, there was an estimated number of 114,000 jobs in the United States for Operations Research Analysts.

New jobs are being produced at a rate of 27.4% which is lower than average. The Bureau of Labor Statistics predicts 31,300 new jobs for Operations Research Analysts by 2026. The BLS estimates 10,700 yearly job openings in this field per year.

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

The states with the most job growth for Operations Research Analysts are California, Texas, and Virginia.

Watch out if you plan on working in Alaska, Vermont, or South Dakota. These states have the worst job growth for this type of profession.

How Much Does an Operations Research Analyst Make?

The salary for Operations Research Analysts ranges between about $46,810 and $136,250 a year. The median salary is $83,390.

Salary Ranges for Operations Research Analysts

Below is a list of the median annual salaries for jobs of this type in different U.S. states.

Annual Mean Salary by State
State Annual Mean Salary

District of Columbia

$109,400

New Jersey

$106,820

Virginia

$104,980

New York

$102,560

Hawaii

$102,270

Maryland

$99,870

Illinois

$96,630

New Hampshire

$95,830

California

$95,470

Washington

$93,080

Rhode Island

$92,100

Colorado

$90,270

Connecticut

$90,230

Alabama

$89,380

Minnesota

$89,020

Michigan

$88,820

Massachusetts

$88,190

Pennsylvania

$87,210

Delaware

$86,690

New Mexico

$86,080

Nevada

$85,800

Oregon

$85,780

Vermont

$85,140

Kansas

$85,050

North Carolina

$84,860

Ohio

$82,810

Texas

$82,660

Iowa

$81,990

Maine

$77,750

Missouri

$77,210

Arizona

$76,760

South Carolina

$76,670

Mississippi

$74,690

Idaho

$74,090

Florida

$73,710

Utah

$73,200

Wisconsin

$72,900

Alaska

$72,130

Kentucky

$70,010

Tennessee

$69,480

Georgia

$69,370

Indiana

$68,560

Oklahoma

$68,090

Montana

$67,420

North Dakota

$64,580

Nebraska

$62,030

Arkansas

$61,360

Louisiana

$60,440

West Virginia

$56,640

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:

  • C
  • IBM SPSS Statistics
  • Job control language JCL
  • R
  • Blackbaud The Raiser’s Edge
  • Structured query language SQL
  • Oracle Business Intelligence Enterprise Edition
  • Citrix
  • Apache Hadoop
  • GitHub

Where do Operations Research Analysts Work?

Operations Research Analyst Sectors

Those interested in being an Operations Research Analyst may also be interested in:

  • Computer Programmers

References

Bureau of Labor Statistics

College Factual

O*NET Online

Image Credit: Via Wikimedia Commons

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