DETAILED OCCUPATION DATA

Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decisionmaking, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, services, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.

Occupational Employment Statistics(OES) Wage Data
Wages Updated to First Quarter, 2020

					Percentiles
Geography	Employment	Emp SE*	Mean	Mean SE*	10th	25th	Median	75th	90th
Minnesota	2,680	263	$44.60/hr	$1.12/hr	$25.13/hr	$31.93/hr	$41.91/hr	$54.01/hr	$67.82/hr
U S	99,680	1,794	$44.01/hr	$0.22/hr	$23.64/hr	$30.49/hr	$41.20/hr	$54.73/hr	$68.39/hr
*SE = Standard error, a measure of the statistical reliability of the estimate.

Leading Industries for Operations Research Analysts Industry OES Employment OES Median Wage Financial Activities 1,180 $39.39/hr Professional and Business Services 810 $44.72/hr Manufacturing 240 $47.11/hr Education and Health Services 230 $42.16/hr Trade, Transportation and Utilities 130 $36.16/hr Information 60 $41.96/hr Public Administration 30 $49.32/hr

Other Regional Data For Operations Research Analysts Geography (click title for details) OES Projections Employment Median Wage % Change 2022 - 2032 Minnesota 2,680 $41.91/hr 22.1% Minneapolis-St Paul-Bloomington MN-WI MSA 2,420 $42.25/hr N/A Seven County Mpls-St Paul, MN 2,410 $42.26/hr 22.7% Northeast Minnesota 80 $23.39/hr 18.8% Duluth MN-WI MSA 80 $23.52/hr N/A Central Minnesota 60 $47.66/hr 12.9% Fargo ND-MN MSA 50 $31.91/hr N/A Southwest Balance of State 20 $44.65/hr N/A Southeast Balance of State 20 $47.54/hr N/A St Cloud MN MSA 20 $46.51/hr N/A Northwest Minnesota 20 $33.82/hr 21.3% Northwest Balance of State 10 $35.21/hr N/A La Crosse WI-MN MSA 10 $35.22/hr N/A Southeast Minnesota N/A $43.88/hr 17.9% Grand Forks ND-MN MSA N/A N/A N/A Rochester MN MSA N/A N/A N/A Southwest Minnesota N/A N/A -5.6% Mankato-North Mankato MN MSA N/A N/A N/A

Related Occupations

Occupation (click title for details)	OES		Projections
	Employment	Median Wage	% Change 2022 - 2032
Accountants and Auditors	23,210	$33.06/hr	5.6%
Management Analysts	14,050	$39.37/hr	9.2%
Cost Estimators	4,480	$31.12/hr	1.7%
Statisticians	920	$41.93/hr	31.2%
Budget Analysts	510	$37.15/hr	3.6%
Economists	160	$47.64/hr	6.1%
Mathematicians	N/A	N/A	N/A

• 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.