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Career Details :: Operations Research Analysts

Description

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.

Experience

A minimum of two to four years of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Education

Most of these occupations require a four-year bachelor's degree, but some do not.

Training

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Tasks

• Analyzes problem in terms of management information and conceptualizes and defines problem.
• Prepares model of problem in form of one or several equations that relates constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
• Specifies manipulative or computational methods to be applied to model.
• Performs validation and testing of model to ensure adequacy or determines need for reformulation.
• Designs, conducts, and evaluates experimental operational models where insufficient data exists to formulate model.
• Evaluates implementation and effectiveness of research.
• Prepares for management reports defining problem, evaluation, and possible solution.
• Studies information and selects plan from competitive proposals that afford maximum probability of profit or effectiveness relating to cost or risk.
• Defines data requirements and gathers and validates information, applying judgment and statistical tests.
• Develops and applies time and cost networks to plan and control large projects.

Related Careers

• Accountants
  
• Auditors
  
• Budget Analysts
  
• Compensation, Benefits, and Job Analysis Specialists
  
• Cost Estimators
  
• Economists
  
• Management Analysts
  
• Mathematicians
  
• Statisticians
  

Important Abilities

• Written Comprehension
• Mathematical Reasoning
• Oral Comprehension
• Written Expression
• Deductive Reasoning

General Work Activities

• Analyzing Data or Information
• Provide Consultation & Advice to Others
• Getting Information Needed to Do the Job
• Making Decisions and Solving Problems
• Communicating With Other Workers

Important Skills

• Problem Identification
  
• Mathematics
  
• Systems Evaluation
  
• Critical Thinking
  
• Judgment and Decision Making
  

Frequent Work Context

• Consequence of Error
• Importance of Being Exact or Accurate
• Importance of Being Sure All Is Done
• Frustrating Circumstances
• Job-Required Social Interaction

Related Majors

Major	Add to XapPack
Administrative Mathematics	[ add ]
Aeronautics/Applied Mathematics	[ add ]
Applied Mathematics	[ add ]
Applied Mathematics/Computer Science	[ add ]
Applied Mathematics/Statistics	[ add ]
Applied/Computational Mathematics	[ add ]
Baking/Pastry Arts Management	[ add ]
Business Administration/Management	[ add ]
Change Management	[ add ]
Church Management	[ add ]
Communication/Management/Public Policy Studies	[ add ]
Computational/Applied Mathematics	[ add ]
Court Management	[ add ]
Culinary Arts Management	[ add ]
Decision Science	[ add ]
Decision Sciences	[ add ]
Decision Sciences/Engineering Systems	[ add ]
Ecological Economics/Values/Policy	[ add ]
Economics/Management Science	[ add ]
Entrepreneurial Studies/Management	[ add ]
Humanities/Management	[ add ]
Industrial Administration	[ add ]
Industrial/Management Engineering	[ add ]
Information Management	[ add ]
Leadership in Educational Administration	[ add ]
Leadership in Human Services Administration	[ add ]
Leadership Studies	[ add ]
Leadership/Management	[ add ]
Management	[ add ]
Management Economics/Operations Research	[ add ]
Management of Nonprofit Organizations	[ add ]
Management of Technology/Operations	[ add ]
Management Science	[ add ]
Management Sciences	[ add ]
Management Systems	[ add ]
Management/Accelerated	[ add ]
Management/Leadership	[ add ]
Management/Marketing	[ add ]
Management/Strategy	[ add ]
Management/Technology	[ add ]
Managerial Leadership	[ add ]
Manufacturing Management/Apparel Products/Related Industries	[ add ]
Mathematical Economics	[ add ]
Mathematics/Applied	[ add ]
Mathematics/Management Science	[ add ]
Media Management	[ add ]
Operations Management/Operations Research	[ add ]
Operations Research	[ add ]
Operations Research Engineering	[ add ]
Operations Research/Engineering	[ add ]
Operations Research/Industrial Engineering	[ add ]
Operations Research/Management Science	[ add ]
Operations Research/Statistics	[ add ]
Organizational Development	[ add ]
Organizational Leadership	[ add ]
Organizational Leadership/Innovation	[ add ]
Organizational Management	[ add ]
Organizational Management/Development	[ add ]
Performance Management	[ add ]
Pre-Engineering Mathematics	[ add ]
Professional Leadership	[ add ]
Quality/Performance Management	[ add ]
Science/Management	[ add ]
Social/Decision Sciences	[ add ]
Spanish/Management	[ add ]
Statistics/Operations Research	[ add ]
System Design/Management	[ add ]
Technical Management	[ add ]
Training Management	[ add ]
Training/Development Management	[ add ]
Transportation Planning/Management	[ add ]

Institutions Offering Related Majors

No institutions found.