|
Formulate and apply mathematical modeling and other optimizing methods using a computer to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. May develop related software, service, or products. Frequently concentrates on collecting and analyzing data and developing decision support software. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.
Select a State
|
U.S.
|
$47,400
($22.79)
|
$81,350
($39.11)
|
$65,940
($31.70)
|
Annual figures are on top. Hourly figures are below in parentheses.
N/A = Information not available
|
|
|
Employment of operations research analysts is projected to grow as fast as the average for all occupations. Individuals with a master's or Ph.D. degree in operations research or a closely related subject should find job opportunities in a number of occupations that use their computer, mathematical, and problem-solving skills.
Employment change. Employment of operations research analysts is expected to grow 11 percent, as fast as the average for all occupations between 2006 and 2016. Demand for operations research analysis should continue to grow. Organizations increasingly will be faced with the pressure of growing domestic and international competition and must work to make their operations as effective as possible. As a result, businesses increasingly will rely on operations research analysts to optimize profits by improving productivity and reducing costs. As new technology is introduced into the marketplace, operations research analysts will be needed to determine how to use the technology in the best way.
Additionally, technological advancements have extended the availability of data access and storage, making information more readily available. Advancements in computing capabilities and analytical software have made it cheaper and faster for analysts to solve problems. As problem solving becomes cheaper and faster with technological advances, more firms will have the ability to employ or consult with analysts.
Job prospects. Graduates with degrees in operations research or closely related fields should find opportunities in a number of occupations where their computer, mathematical, and problem-solving skills are needed—operations research analyst, systems analyst, computer scientist, or management analyst, for example. In addition to job growth, some openings will result from the need to replace analysts retiring or leaving the occupation permanently for other reasons. Analysts who keep up with the latest technological advancements and software will have the best opportunities.
Jobs for operations research analysts exist in almost every industry because of the diversity of applications for their work. As businesses and government agencies continue to contract out jobs to cut costs, opportunities for operations research analysts will be best in management, scientific, and technical consulting firms. Opportunities in the military exist as well, but will depend on the size of future military budgets. Military leaders rely on operations research analysts to test and evaluate the accuracy and effectiveness of new weapons systems and strategies.
Operations research analysts held about 58,000 jobs in 2006. Major employers include computer systems design firms; insurance carriers and other financial institutions; telecommunications companies; management, scientific, and technical consulting services firms; and Federal, State, and local governments. Most operations research analysts in the Federal Government work for the Department of Defense, and many in private industry work directly or indirectly on national defense.
Job Zone 5 - Extensive preparation
Overall 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 medical school and up to an additional five to seven years of specialized medical training to do their job.
Education
At a minimum, a bachelor's degree is required for these occupations. However, many also require a graduate school degree such as a Master's, Ph.D., M.D., or J.D. (law degree).
Job Training
Employees may need some on-the-job training, but most of these occupations require that you already have the necessary skills, knowledge, work-related experience, and/or training.
Examples
Lawyers, instrumental musicians, physicists, counseling psychologists, and surgeons.
These occupations often involve coordinating, training, supervising or managing the activities of others. Very advanced communication and organization skills are required.
[Back to Top]
| 1. | |
| 2. | |
| 3. | |
| 4. | |
| 5. | |
| 6. | |
| 7. | |
| 8. | |
| 9. | |
For information on career opportunities and a list of degree programs for operations research analysts, contact:
- Institute for Operations Research and the Management Sciences, 7240 Parkway Dr., Suite 310, Hanover, MD 21076. Internet: http://www.informs.org
For information on operations research careers and degree programs in the Armed Forces, contact:
- Military Operations Research Society, 1703 N. Beauregard St., Suite 450, Alexandria, VA 22311. Internet: http://www.mors.org
Information on obtaining positions as operations research analysts with the Federal Government is available from the Office of Personnel Management through USAJOBS, the Federal Government's official employment information system. This resource for locating and applying for job opportunities can be accessed through the Internet at http://www.usajobs.opm.gov or through an interactive voice response telephone system at (703) 724-1850 or TDD (978) 461-8404. These numbers are not toll free, and charges may result. For advice on how to find and apply for Federal jobs, see the Occupational Outlook Quarterly article "How to get a job in the Federal Government," online at http://www.bls.gov/opub/ooq/2004/summer/art01.pdf.
Sources: O*Net data version 12.0
Occupational Outlook Handbook
Department of Labor
[Back to Top]