Operations Research Analysts

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Operations Research Analysts

Careers / Operations Research Analysts

Job Description


	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.

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Job Requirements


	Experience: Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

	Education: A bachelor's degree is the minimum formal education required for these occupations. However, many also require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

	Training: Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

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Significant Points


	(Abstract from Career Articles)

	Operations Research Analysts

Candidates should have strong quantitative and computer skills; employers prefer workers who have completed advanced math courses. Employment is projected to grow much faster than average. Individuals with a master's or Ph.D. degree in operations research or management science should have excellent employment prospects; some entry-level positions are available to those with a bachelor’s degree.
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Top Ten Industries

U.S. National Figures.

Operations Research Analysts
Computer Systems Design and Related Services	5,550
Management of Companies and Enterprises	5,150
Management, Scientific, and Technical Consulting Services	4,880
Federal Executive Branch (OES Designation)	4,510
Insurance Carriers	4,050
State Government (excluding schools and hospitals)	3,890
Depository Credit Intermediation	3,320
Nondepository Credit Intermediation	2,600
Securities and Commodity Contracts Intermediation and Brokerage	2,090
Scientific Research and Development Services	1,970

Career Video

Title: "Operations Research Analysts"

Duration: 01:19

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Salaries

U.S. National Averages.

Operations Research Analysts
Average Annual Salary	$78,840
Average Hourly Wage	$37.90
Total Employment	65,030