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Operations Research Analysts

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.   (O'Net 15-2031.00)

 
Reported job titles:   Analyst, Analytical Strategist, Analytics Consultant, Business Analyst, Business Analytics Director, Business Insight and Analytics Manager   (view all job titles)
 
  • Career Video
  • Wages
  • Employment Trends
  • Industries of Employment
  • Tasks
  • Knowledge
  • Skills
  • Abilities
  • Work Activities
  • Interests
  • Work Styles
  • License Information
  • Education & Training Requirements
  • Schools
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    Career Video
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    Wages
    for Operations Research Analysts
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     Location Pay
    Period
    2016
    Percentile Wages Average
    Wage
    10% 25% 50%
    Median
    75% 90%
     Vermont Hourly $ 22.74   $ 28.23   $ 36.94   $ 46.40   $ 55.71   $ 37.64  
    Yearly $47,290   $58,720   $76,840   $96,510   $115,870   $78,300  
     
     Burlington-South Burlington, VT Metropolitan NECTA Hourly $ 22.40   $ 27.44   $ 36.26   $ 45.75   $ 54.61   $ 36.86  
    Yearly $46,590   $57,070   $75,420   $95,160   $113,600   $76,660  
     
    What are Percentile Wages?
    source: Occupational Employment Statistics, Vermont Labor Market Information, U.S. Bureau of Labor Statistics, released April 2017.
     


    Employment Trends
    for Operations Research Analysts
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    Location Employment Annual % change
    (compounded)
    Annual job openings
    (due to growth and
    net replacements)
    2014 2024
    Vermont 61 81 2.9% 3
    source: Employment Projections, Vermont Economic & Labor Market Information, in cooperation with U.S. Bureau of Labor Statistics, statewide estimates released July 2016.
     


    Industries of Employment
    for Operations Research Analysts
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    Industry Percent of Total
    2014
    Insurance carriers and related activities 11.9%
    Computer systems design and related services 10.3%
    Credit intermediation and related activities 9.1%
    Management of companies and enterprises 8.9%
    Management, scientific, and technical consulting services 7.7%
    source: Employment Projections, U.S. Bureau of Labor Statistics, National Employment Matrix, released July 2016.
     


    Tasks
    for Operations Research Analysts
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  • Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
     
  • 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.
     
    source: Occupational Information Network: Operations Research Analysts  updated July 2011
     


    Knowledge
    for Operations Research Analysts
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  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
     
  • Computers and Electronics - Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
     
  • 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.
     
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
     
  • Education and Training - Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
     
  • Engineering and Technology - Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
     
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
     
  • Production and Processing - Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
     
  • Transportation - Knowledge of principles and methods for moving people or goods by air, rail, sea, or road, including the relative costs and benefits.
     
    source: Occupational Information Network: Operations Research Analysts  updated July 2011
     


    Skills
    for Operations Research Analysts
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  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
     
  • Mathematics - Using mathematics to solve problems.
     
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
     
  • 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.
     
  • Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one.
     
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
     
  • 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.
     
  • Writing - Communicating effectively in writing as appropriate for the needs of the audience.
     
  • Operations Analysis - Analyzing needs and product requirements to create a design.
     
  • Systems Analysis - Determining how a system should work and how changes in conditions, operations, and the environment will affect outcomes.
     
    source: Occupational Information Network: Operations Research Analysts  updated July 2011
     


    Abilities
    for Operations Research Analysts
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  • Mathematical Reasoning - The ability to choose the right mathematical methods or formulas to solve a problem.
     
  • Number Facility - The ability to add, subtract, multiply, or divide quickly and correctly.
     
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
     
  • Deductive Reasoning - The ability to apply general rules to specific problems to produce answers that make sense.
     
  • 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.
     
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
     
  • Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
     
  • Information Ordering - The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
     
    source: Occupational Information Network: Operations Research Analysts  updated July 2011
     


    Work Activities
    for Operations Research Analysts
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  • Interacting With Computers - Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
     
  • Analyzing Data or Information - Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
     
  • Making Decisions and Solving Problems - Analyzing information and evaluating results to choose the best solution and solve problems.
     
  • Getting Information - Observing, receiving, and otherwise obtaining information from all relevant sources.
     
  • Thinking Creatively - Developing, designing, or creating new applications, ideas, relationships, systems, or products, including artistic contributions.
     
  • Estimating the Quantifiable Characteristics of Products, Events, or Information - Estimating sizes, distances, and quantities; or determining time, costs, resources, or materials needed to perform a work activity.
     
  • Interpreting the Meaning of Information for Others - Translating or explaining what information means and how it can be used.
     
  • Processing Information - Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
     
  • Updating and Using Relevant Knowledge - Keeping up-to-date technically and applying new knowledge to your job.
     
  • Communicating with Supervisors, Peers, or Subordinates - Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
     
    source: Occupational Information Network: Operations Research Analysts  updated July 2011
     


    Interests
    for Operations Research Analysts
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  • Investigative - Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.
     
  • Conventional - Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
     
  • Enterprising - Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
     
    source: Occupational Information Network: Operations Research Analysts  updated June 2008
     


    Work Styles
    for Operations Research Analysts
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  • Analytical Thinking - Job requires analyzing information and using logic to address work-related issues and problems.
     
  • Achievement/Effort - Job requires establishing and maintaining personally challenging achievement goals and exerting effort toward mastering tasks.
     
  • Attention to Detail - Job requires being careful about detail and thorough in completing work tasks.
     
  • Innovation - Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems.
     
  • Dependability - Job requires being reliable, responsible, and dependable, and fulfilling obligations.
     
  • Initiative - Job requires a willingness to take on responsibilities and challenges.
     
  • Persistence - Job requires persistence in the face of obstacles.
     
  • Integrity - Job requires being honest and ethical.
     
  • Adaptability/Flexibility - Job requires being open to change (positive or negative) and to considerable variety in the workplace.
     
  • Independence - Job requires developing one's own ways of doing things, guiding oneself with little or no supervision, and depending on oneself to get things done.
     
    source: Occupational Information Network: Operations Research Analysts  updated July 2011
     


    State of Vermont License Information
    that may be required for Operations Research Analysts
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    No state licenses listed for this occupation.
     


    Education and Training Requirements
    for Operations Research Analysts
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  • Job Zone Five: Extensive Preparation Needed
  •  
  • Education: Most of these occupations 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.
  •  
  • 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.
  •  
    source: Occupational Information Network: Operations Research Analysts  updated July 2011
     


    Schools
    offering instructional programs related to Operations Research Analysts
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      Related Instructional Programs
     
    • Management Science.
     
    • Operations Research.
     
     Search for schools offering these programs at
     
     
     
    source: National Center for Education Statistics 2000 Classification of Instructional Programs .
     


    Other Resources
    for Operations Research Analysts
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  • Labor Exchange Information
  • A source for occupational characteristics, such as age, gender, race, and years of education and an alternative source for occupational wage rates. Limited to people looking for jobs and the jobs advertised through VDOL Vermont Job Link.
  • Look for statewide information over the latest 12 months for Operations Research Analysts.
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  • Occupational Outlook Handbook
  • The Occupational Outlook Handbook is a nationally recognized source of career information, designed to provide valuable assistance to individuals making decisions about their future work lives. Revised every two years, the Handbook describes what workers do on the job, working conditions, the training and education needed, earnings, and expected job prospects in a wide range of occupations.
    Go to Occupational Outlook Handbook
    Handbook occupations related to Operations Research Analysts :
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    Related Occupations
    Occupations with skill requirements similar to Operations Research Analysts
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    source: Occupational Information Network: Operations Research Analysts 
     

     
     
     
    Vermont.gov State of Vermont Department of Labor