Median Annual Wage: $76,660
Education: Master's degree (56%); Bachelor's degree (30%); Doctoral degree (11%)
Projected Growth: Much faster than average (22% or higher)
Related Job Titles: Scientist; Operations Research Analyst; Operations Research Manager; Analytical Strategist; Business Analytics Director; Business Insight and Analytics Manager; Decision Analyst; Operations Research Group Manager
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Source: O*NET OnLine information for Operations Research Analysts.
More Computer and Mathematical Careers
- Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
- Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
- Prepare management reports defining and evaluating problems and recommending solutions.
- Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.
- Specify manipulative or computational methods to be applied to models.
- Perform validation and testing of models to ensure adequacy and reformulate models as necessary.
- Define data requirements and gather and validate information, applying judgment and statistical tests.
- Analyze information obtained from management to conceptualize and define operational problems.
- Observe the current system in operation and gather and analyze information about each of the parts of component problems, using a variety of sources.
- Design, conduct, and evaluate experimental operational models in cases where models cannot be developed from existing data.
- Break systems into their component parts, assign numerical values to each component, and examine the mathematical relationships between them.
Source: O*NET OnLine information for Operations Research Analysts.
- Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
- Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
- 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.
- Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
- Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
- 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.
- Writing - Communicating effectively in writing as appropriate for the needs of the audience.
- Systems Analysis - Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
- Operations Analysis - Analyzing needs and product requirements to create a design.
Source: O*NET OnLine information for Operations Research Analysts.