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
Minneapolis-St Paul-Bloomington MN-WI MSA	2,420	257	$45.12/hr	$1.17/hr	$25.94/hr	$32.38/hr	$42.25/hr	$54.59/hr	$68.72/hr
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 1,110 $39.97/hr Professional and Business Services 780 $45.10/hr Manufacturing 200 $47.47/hr Education and Health Services 150 $41.93/hr Trade, Transportation and Utilities 90 $30.11/hr Information 60 $41.96/hr Public Administration 20 $51.85/hr

Other Regional Data For Operations Research Analysts Geography (click title for details) OES Projections Employment Median Wage % Change  -  Minneapolis-St Paul-Bloomington MN-WI MSA 2,420 $42.25/hr N/A Duluth MN-WI MSA 80 $23.52/hr N/A Fargo ND-MN MSA 50 $31.91/hr N/A Southeast Balance of State 20 $47.54/hr N/A St Cloud MN MSA 20 $46.51/hr N/A Southwest Balance of State 20 $44.65/hr N/A Northwest Balance of State 10 $35.21/hr N/A La Crosse WI-MN MSA 10 $35.22/hr N/A Mankato-North Mankato MN MSA N/A N/A N/A Rochester MN MSA N/A N/A N/A Grand Forks ND-MN MSA N/A N/A N/A

Related Occupations

Occupation (click title for details)	OES		Projections
	Employment	Median Wage	% Change  -
Accountants and Auditors	18,700	$34.02/hr	N/A
Management Analysts	12,500	$40.16/hr	N/A
Cost Estimators	3,180	$32.50/hr	N/A
Statisticians	830	$42.23/hr	N/A
Budget Analysts	410	$38.52/hr	N/A
Economists	130	$50.16/hr	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.