What Does it Take to Be an 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.
Operations Research Analyst Responsibilities
- Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
- Perform validation and testing of models to ensure adequacy and reformulate models as necessary.
- Specify manipulative or computational methods to be applied to models.
- Present the results of mathematical modeling and data analysis to management or other end users.
- Design, conduct, and evaluate experimental operational models in cases where models cannot be developed from existing data.
- Develop business methods and procedures, including accounting systems, file systems, office systems, logistics systems, and production schedules.
What Every Operations Research Analyst Should Know
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.
Related Job Titles
- Advanced Analytics Associate
- Decision Support Analyst
- Operations Research Group Manager
- Business Operations Analyst
- File System Installer
What Kind of Operations Research Analyst Job Opportunities Are There?
In 2016, there was an estimated number of 114,000 jobs in the United States for Operations Research Analyst. 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.
Operations Research Analyst Average Salary
The typical yearly salary for Operations Research Analysts is somewhere between $46,810 and $136,250.
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|
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
- 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?
Where Operations Research Analysts Are Employed
Below are examples of industries where Operations Research Analysts work:
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