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15-2031 Operations Research Analysts

Occupational Description:
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.

Occupational Employment Statistics(OES) Wage Data
First Quarter 2024

Geography	Employment	Emp SE*	Percentiles
Geography	Employment	Emp SE*	Mean	10th	25th	Median	75th	90th
Minnesota	1,470	69	$50.89/hr	$32.30/hr	$37.91/hr	$49.04/hr	$60.04/hr	$73.33/hr
U S	117,880	1,415	$47.35/hr	$26.22/hr	$32.81/hr	$41.42/hr	$57.05/hr	$73.76/hr

Leading Industries for Operations Research Analysts

Industry	OES Employment (Statewide)	OES Median Wage (Statewide)
Construction	20	$44.57/hr
Manufacturing	90	$37.90/hr
Trade, Transportation and Utilities	170	$40.87/hr
Information	N/A	N/A
Financial Activities	400	$49.04/hr
Professional and Business Services	660	$50.08/hr
Education and Health Services	60	$41.55/hr
Other Services	N/A	N/A
Public Administration	40	$40.69/hr

Other Regional Data for Operations Research Analysts

Geography	Employment	Median Wage	Projections % Change 2022-2032
Rochester MN MSA	N/A	N/A	N/A
Northeast Balance of State	N/A	N/A	N/A
Southwest Balance of State	N/A	N/A	N/A
St Cloud MN MSA	10	$41.49/hr	N/A
Southwest Minnesota	20	$35.47/hr	-5.6%
Grand Forks ND-MN MSA	20	$33.13/hr	N/A
Central Minnesota	30	$39.54/hr	12.9%
Northeast Minnesota	30	$40.87/hr	18.8%
Duluth MN-WI MSA	30	$38.26/hr	N/A
Northwest Minnesota	40	$35.20/hr	21.3%
Northwest Balance of State	40	$32.40/hr	N/A
Southeast Balance of State	50	$38.28/hr	N/A
Southeast Minnesota	60	$38.28/hr	17.9%
La Crosse WI-MN MSA	80	$33.67/hr	N/A
Fargo ND-MN MSA	90	$40.58/hr	N/A
Seven County Mpls-St Paul, MN	1,270	$49.58/hr	22.7%
Minneapolis-St Paul-Bloomington MN-WI MSA	1,300	$49.58/hr	N/A
Minnesota	1,470	$49.04/hr	22.1%

Related Occupations

Occupations	Employment	Median Wage	Projections % Change -
Mathematicians	N/A	N/A	N/A
Logisticians	3,610	$39.93/hr	19.6%
Actuaries	1,060	$51.52/hr	24.5%
Statistical Assistants	10	$29.41/hr	0.0%
Statisticians	600	$43.96/hr	31.2%
Computer Programmers	2,080	$49.93/hr	-13.4%
Industrial Engineers	18,760	$49.35/hr	16.6%
Economists	230	$48.05/hr	6.1%

Task for Operations Research Analysts

Break systems into their components, assign numerical values to each component, and examine the mathematical relationships between them.
Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.
Observe the current system in operation and gather and analyze information about each of the parts of component problems, using a variety of sources.
Perform validation and testing of models to ensure adequacy and reformulate models as necessary.
Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
Analyze information obtained from management to conceptualize and define operational problems.
Define data requirements and gather and validate information, applying judgment and statistical tests.
Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
Break systems into their components, assign numerical values to each component, and examine the mathematical relationships between them.