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Operations Research Major

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Operations Research

1,085 Master's Degrees Annually
77 Doctor's Degrees Annually
#109 in Popularity (Master's)
$88,350 Median Salary

Types of Degrees Operations Research Majors Are Getting

The following table lists how many operations research graduations there were in 2018-2019 for each degree level.

Education Level Number of Grads
Master’s Degree 1,085
Graduate Certificate 111
Doctor’s Degree 77

What Operations Research Majors Need to Know

In an O*NET survey, operations research majors were asked to rate what knowledge areas, skills, and abilities were important in their occupations. These answers were weighted on a scale of 1 to 5 with 5 being the most important.

Knowledge Areas for Operations Research Majors

Operations Research majors often go into careers in which the following knowledge areas are important:

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  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.

Skills for Operations Research Majors

The following list of skills has been highlighted as some of the most essential for careers related to operations research:

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  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
  • 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.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Speaking - Talking to others to convey information effectively.

Abilities for Operations Research Majors

As you progress with your operations research degree, there are several abilities you should pick up that will help you in whatever related career you choose. These abilities include:

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  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Inductive Reasoning - The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.

What Can You Do With a Operations Research Major?

Below is a list of occupations associated with operations research:

Job Title Job Growth Rate Median Salary
Clinical Research Coordinators 9.9% $123,860
Natural Sciences Managers 9.9% $123,860
Operations Research Analysts 27.5% $83,390
Water Resource Specialists 9.9% $123,860

Who Is Getting a Master’s Degree in Operations Research?

1,085 Master's Degrees Annually
39% Percent Women
8% Percent Racial-Ethnic Minorities
This major tends to be male dominated. About 61% of recent graduates are men.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of operations research majors is as follows:

Racial-Ethnic Diversity of Operations Research Students with Master's Degrees
Race/Ethnicity Number of Grads
Asian 50
Black or African American 9
Hispanic or Latino 19
White 147
International Students 835
Other Races/Ethnicities 25

Geographic Diversity

Operations Research appeals to people across the globe. About 77.0% of those with this major are international students. The most popular countries for students from outside the country are:

  • China
  • India
  • France
  • Canada
  • South Korea

How Much Do Operations Research Majors Make?

Master’s Degree Starting Salary

According to 2017-2018 data from the U.S. Department of Education, students who graduated with a master’s degree in operations research have a median salary of $103,000 during the early years of their career. During this timeframe, most salaries fell between $98,750 (25th percentile) and $107,250 (75th percentile).

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We don’t know for sure if all of these people took jobs related to operations research so take that into consideration.

Salaries According to BLS

Operations Research majors often go into careers where salaries can range from $88,350 to $139,680 (25th to 75th percentile). This range includes all degree levels, so the salary for a person with just a bachelor’s degree may be a little less and the one for a person with an advanced degree may be a little more.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for an Operations Research Major  ( 88350 to 139680 )
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Median Salary for a High School Graduate  ( 30000 to 57900 )
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Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
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Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
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Some careers associated with operations research require an advanced degree while some may not even require a bachelor’s. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

Find out what the typical degree level is for operations research careers below.

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Education Level Percentage of Workers
High School Diploma - or the equivalent (for example, GED) 2.3%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 2.4%
Associate’s Degree (or other 2-year degree) 2.9%
Bachelor’s Degree 47.2%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. 2.8%
Master’s Degree 31.7%
Doctoral Degree 6.3%
Post-Doctoral Training 3.9%

Online Operations Research Programs

In 2018-2019, 40 schools offered a operations research program of some type. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 1 0
Certificate (1-2 years) 0 0
Certificate (2-4 Years) 0 0
Associate’s Degree 0 0
Bachelor’s Degree 6 3
Post-Baccalaureate 1 0
Master’s Degree 27 7
Post-Master’s 1 0
Doctor’s Degree (Research) 15 1
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in Operations Research Worth It?

The median salary for a operations research grad is $88,350 per year. This is based on the weighted average of the most common careers associated with the major.

This is 121% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $969,000 after 20 years!

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You may also be interested in one of the following majors related to operations research.

Major Number of Grads
Mechanical Engineering 47,405
Electrical Engineering 31,384
Civil Engineering 21,938
Computer Engineering 15,891
Chemical Engineering 14,406
Biomedical Engineering 12,001
General Engineering 11,739
Industrial Engineering 9,410
Aerospace & Aeronautical Engineering 7,069
Materials Engineering 3,538
Systems Engineering 3,491
Other Engineering 2,982
Environmental Engineering 2,850
Petroleum Engineering 2,269
Agricultural Engineering 1,554
Engineering Science 1,515
Architectural Engineering 1,019
Nuclear Engineering 1,014
Engineering Physics 979
Robotics Engineering 943
Manufacturing Engineering 932
Construction Engineering 865
Marine Engineering 481
Geoscience Engineering 424
Polymer & Plastics Engineering 387
Biological Engineering 374
Textile Engineering 366
Ocean Engineering 346
Mining Engineering 340
Engineering Mechanics 314
Metallurgical Engineering 235
Biochemical Engineering 118
Ceramic Engineering 101
Surveying Engineering 89
Electromechanical Engineering 65
Forest Engineering 52
Paper Science & Engineering 44

References

More about our data sources and methodologies.

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