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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 neededoperations 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.
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