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|
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:
- 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:
- 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:
- 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?
At the countrywide level, the racial-ethnic distribution of operations research majors is as follows:
|Race/Ethnicity||Number of Grads|
|Black or African American||9|
|Hispanic or Latino||19|
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:
- 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).
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.
Amount of Education Required for Careers Related to Operations Research
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.
|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%|
|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%|
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|
|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!
Majors Related to Operations Research
You may also be interested in one of the following majors related to operations research.
- College Factual
- College Scorecard
- National Center for Education Statistics
- O*NET Online
- U.S. Bureau of Labor Statistics
- Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
More about our data sources and methodologies.