What Operations Research Analysts Do
Operations research analysts use advanced mathematical and analytical methods to help solve complex issues.
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Work Environment
Operations research analysts spend most of their time in offices, although some travel may be necessary to meet with clients. Almost all operations research analysts work full time.
How to Become an Operations Research Analyst
Although the typical educational requirement for entry-level positions is a bachelor’s degree, some employers may prefer to hire applicants with a master’s degree. Analysts typically have a degree in business, operations research, management science, analytics, mathematics, engineering, computer science, or another technical or quantitative field.
Pay
The median annual wage for operations research analysts was $84,810 in May 2019.
Job Outlook
Employment of operations research analysts is projected to grow 25 percent from 2019 to 2029, much faster than the average for all occupations. As technology advances and companies seek efficiency and cost savings, demand for operations research analysis should continue to grow.
Operations research analysts use advanced mathematical and analytical methods to help organizations solve problems and make better decisions.
Duties
Operations research analysts typically do the following:
- Identify and solve problems in areas such as business, logistics, healthcare, or other fields
- Collect and organize information from a variety of sources, such as computer databases, sales histories, and customer feedback
- Gather input from workers involved in all aspects of a problem or from others who have specialized knowledge, so that they can help solve the problem
- Examine information to figure out what is relevant to a problem and what methods might be used to analyze it
- Use statistical analysis, simulations, predictive modeling, or other methods to analyze information and develop practical solutions to business problems
- Advise managers and other decisionmakers on the effects of various courses of action to take in order to address a problem
- Write memos, reports, and other documents explaining their findings and recommendations for managers, executives, and other officials
Operations research analysts are involved in all aspects of an organization. They help managers decide how to allocate resources, develop production schedules, manage the supply chain, and set prices. For example, they may help decide how to organize products in supermarkets or help companies figure out the most effective way to ship and distribute products.
Analysts must first identify and understand the problem to be solved or the processes to be improved. Analysts typically collect relevant data from the field and interview clients or managers involved in the business processes being examined. Analysts show the implications of pursuing different actions and may assist in achieving a consensus on how to proceed.
Operations research analysts use sophisticated computer software, such as databases and statistical packages, to analyze and solve problems. Analysts use statistical software to simulate current and future events and evaluate alternative courses of action. Analysts break down problems into their various parts and analyze the effect that different changes and circumstances would have on each of these parts. For example, to help an airline schedule flights and decide what to charge for tickets, analysts may take into account the cities that have to be connected, the amount of fuel required to fly those routes, the expected number of passengers, pilots’ schedules, maintenance costs, and fuel prices.
There is no one way to solve a problem, and analysts must weigh the costs and benefits of alternative solutions or approaches in their recommendations to managers.
Because problems are complex and often require expertise from many disciplines, most analysts work on teams. Once a manager reaches a final decision, these teams may work with others in the organization to ensure that the plan is successful.
Operations research analysts held about 105,100 jobs in 2019. The largest employers of operations research analysts were as follows:
Finance and insurance | 28% |
Professional, scientific, and technical services | 23 |
Management of companies and enterprises | 10 |
Manufacturing | 6 |
Federal government | 6 |
Some operations research analysts in the federal government work for the Department of Defense, which also employs a large number of analysts through private consulting firms.
Operations research analysts spend most of their time in offices. Some may spend time in the field to gather information and observe business processes directly. Analysts may also travel in order to work with clients and company executives and to attend conferences.
Because problems are complex and often require expertise from many disciplines, most analysts work on teams.
Work Schedules
Almost all operations research analysts work full time.
This table shows a list of occupations with job duties that are similar to those of operations research analysts.
Occupation | Job Duties | Entry-Level Education | Median Annual Pay, May 2019 | |
---|---|---|---|---|
|
Economists |
Economists collect and analyze data, research trends, and evaluate economic issues for resources, goods, and services. |
Master’s degree | $105,020 |
|
Industrial Engineers |
Industrial engineers devise efficient systems that integrate workers, machines, materials, information, and energy to make a product or provide a service. |
Bachelor’s degree | $88,020 |
Logisticians |
Logisticians analyze and coordinate an organization’s supply chain. |
Bachelor’s degree | $74,750 | |
Management Analysts |
Management analysts recommend ways to improve an organization’s efficiency. |
Bachelor’s degree | $85,260 | |
Market Research Analysts |
Market research analysts study market conditions to examine potential sales of a product or service. |
Bachelor’s degree | $63,790 | |
Software Developers |
Software developers create the applications or systems that run on a computer or another device. |
Bachelor’s degree | $107,510 | |
Mathematicians and Statisticians |
Mathematicians and statisticians analyze data and apply mathematical and statistical techniques to help solve problems. |
Master’s degree | $92,030 |
For more information about operations research analysts, visit
Institute for Operations Research and the Management Sciences
Military Operations Research Society
O*NET
Suggested citation:
Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, Operations Research Analysts,
at https://www.bls.gov/ooh/math/operations-research-analysts.htm (visited ).