Other names for this job might include Analyst, Analytical Strategist, Business Analytics Director, Business Insight and Analytics Manager, Business Operations Analyst, Business Process Analyst, Decision Analyst, File System Installer, Forms Analyst, Liaison Planner
In this career summary, you will find out what the job of An Operations Research Analyst is about and what it is like.
After reading this, you will have a good idea on what the job is about and decide if this is the right career for you.
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.
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.
Operations Research Analysts with little to no experience tend to make between $43520 and $57310 while the more experienced ones make over $105090 per year.
Top 5 paying states
1 of the easiest ways to increase your salary as An Operations Research Analyst is to move to a higher paying state like DC. Right now, the highest paying states for Operations Research Analysts are DC, VA, NY, NJ and CT.
However a higher pay at DC doesn’t guarantee that you will make more because the living expenses at DC might be 2x higher than where you are currently at now.
3 other factors that can increase your salary as An Operations Research Analyst is the degree you hold, the industry you work in and lastly the company you work for (bigger companies like the Fortune 500 companies tend to pay more).
They conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.
They plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.
They apply remote sensing principles and methods to analyze data and solve problems in areas such as natural resource management, urban planning, or homeland security. May develop new sensor systems, analytical techniques, or new applications for existing systems.
Related to Operations Research Analysts Career Information
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http://www.bls.gov/OOH/math/operations-research-analysts.htm http://www.informs.org/ http://www.mors.org/ https://www.certifiedanalytics.org/index.php
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