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Operations Research Major

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Operations Research

957 Master's Degrees Annually
72 Doctor's Degrees Annually
#117 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 2020-2021 for each degree level.

Education Level Number of Grads
Master’s Degree 957
Graduate Certificate 162
Doctor’s Degree 72

What Operations Research Majors Need to Know

O*NET surveyed people in occupations related to operations research and asked them what knowledge areas, skills, and abilities were important for their jobs. The responses were rated on a scale of 1 to 5 with 5 being 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

When studying operations research, you’ll learn many skills that will help you be successful in a wide range of jobs - even those that do not require a degree in the field. The following is a list of some of the most common skills needed for careers associated with this major:

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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 a operations research major, you will find yourself needing the following abilities:

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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?

957 Master's Degrees Annually
42% Percent Women
12% Percent Racial-Ethnic Minorities*
This major attracts more men than women. About 58% of the graduates in this field are male.

Racial-Ethnic Diversity

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

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Race/Ethnicity Number of Grads
Asian 65
Black or African American 13
Hispanic or Latino 23
White 153
International Students 682
Other Races/Ethnicities 21

Geographic Diversity

Students from other countries are interested in Operations Research, too. About 71.3% 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

Data from the U.S. Department of Education shows that operations research students who graduated in 2017-2019 with a master’s degree made a median starting salary of $106,190 per year. During this timeframe, most salaries fell between $103,628 (25th percentile) and $108,751 (75th percentile).

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It’s important to note that just because the people reporting these salaries have a degree in operations research, it does not mean that they are working in a job related to their degree.

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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250K
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 the 2020-2021 academic year, 43 schools offered some type of operations research program. 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) 0 0
Certificate (1-2 years) 0 0
Certificate (2-4 Years) 0 0
Associate’s Degree 0 0
Bachelor’s Degree 7 1
Post-Baccalaureate 0 0
Master’s Degree 29 2
Post-Master’s 1 0
Doctor’s Degree (Research) 16 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
Electrical Engineering 11,021
Mechanical Engineering 9,007
Civil Engineering 6,042
Computer Engineering 5,557
Biomedical Engineering 4,252
General Engineering 3,548
Systems Engineering 3,068
Industrial Engineering 3,028
Chemical Engineering 2,662
Aerospace & Aeronautical Engineering 2,375
Other Engineering 1,820
Materials Engineering 1,810
Electrical and Computer Engineering. 928
Environmental Engineering 919
Robotics Engineering 560
Engineering Science 451
Nuclear Engineering 437
Manufacturing Engineering 423
Petroleum Engineering 401
Agricultural Engineering 332
Construction Engineering 288
Engineering Physics 286
Architectural Engineering 243
Geoscience Engineering 173
Polymer & Plastics Engineering 167
Engineering Mechanics 144
Mining Engineering 132
Ocean Engineering 112
Textile Engineering 96
Biological Engineering 80
Energy Systems Engineering 79
Marine Engineering 44
Metallurgical Engineering 40
Biochemical Engineering 21
Ceramic Engineering 20
Electromechanical Engineering 16
Surveying Engineering 11
Paper Science & Engineering 7
Forest Engineering 0

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

More about our data sources and methodologies.

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