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Degrees and Schools
Some schools do offer bachelor's, master's and Ph.D degrees in operations research. Other degrees for the occupation include engineering, mathematics, computer science, management science, business and information systems.
Classes
Students typically study the following subjects:
- Mathematics
- Computer programming
- Database management
- Engineering
- Information systems
- Economics
Online Classes and Programs
Some colleges offer online degrees in operations research and related subjects. Online students should look for schools which have been provided accreditation from an agency which have been approved by the United States Department of Education or the Council for Higher Education.
Employment Requirements
Usually, employers prefer candidates that have, at a minimum, a master's degree in operations research or a closely related subject such as engineering, mathematics, computer science, management science, business, or information systems. Some employers prefer the master's degree to be combined with a bachelor's degree in computer science, mathematics, economics or statistics. Some entry-level jobs only require a bachelor's degree.
Since computers are vital tools for operations research analysts they also need training and experience in computer programming. They also need the skills to develop and utilize sophisticated software packages and they need a solid foundation in database management.
The major employers are management, scientific and technical services; computer systems design and related services; manufacturing; management of companies and enterprises, federal government, insurance carriers and banks.
How to Evaluate Schools and Programs
The answers to the following questions can help students select the appropriate school:
- Training - Does the program include a relevant externship? Do students have a variety of externship choices?
- School's Reputation - Does the school have a good reputation?
- Job Placement - Do companies visit the campus looking for candidates for operations research analyst positions? Are students provided job placement services? Does the school provide job fairs?
- Curriculum - What type of electives are offered? Can students select an area of specialization?
- Financial Aid - What types of financial aid are available? Is the school eligible to provide federal financial aid?
- Accreditation - Has the school been accredited by an agency which has been approved by the the United States Department of Education or the Council for Higher Education?
Operations Research Analysts Job Description
Operations research analysts solve problems. They try to find more effective and efficient techniques to run operations such as traffic systems and factories. Operations research analysts determine the most effective way for managing personnel, money, equipment, materials and space. A common job title is analytical strategist.
Many organizations use the services of operations research analysts because inefficient operating methods can cause substantial financial losses. An operations research analyst uses engineering, mathematics, computer programming and scientific methods to solve problems. They often have an area of specialization such as the financial services industry.
Shown below are some of the responsibilities of operations research analysts:
- Participate in top-level planning and forecasting
- Determine the most appropriate analytical technique
- Analyze information in order to conceptualize and define operational problems
- Determine data requirements and gather and validate information by using statistical tests and judgement
- Test models for accuracy and make changes if necessary
- Consult with managers to identify and solve problems and to learn management goals
- Break systems into component parts
- Prepare reports for managers that define and evaluate problems and recommend solutions
Resources
- Institute for Operations Research and the Management Sciences
- International Federation of Operational Research Societies
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