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Job 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.
Job Details
- The SOC (Standard Occupational Classification) code is 15-2031.00
- The Mean Annual Wage in the U.S. is $ 84,340.00
- The Mean Hourly Wage is $ 40.00
- Currently, there are 109,150 people on this job
☝️ Information based on the reference occupation “Operations Research Analysts”.
Also Known As…
- Operations Research Analysts
- Scientist
- Operations Research Manager
- Operations Research Group Manager
- Operations Research Analyst
- Decision Analyst
- Business Insight and Analytics Manager
- Business Analytics Director
- Analytical Strategist
- Technical Analyst
- Systems Consultant
- Systems Analyst
- Supply Chain Analyst
- Standards Analyst
- SOC Analyst
- Security Operations Analyst
- Sales Operations Analyst
- Risk Analyst
- Professor
- Process Analyst
- Procedure Writer
- Procedure Analyst
- Policy Officer
- Policy Advisor
- Operations Specialist
- Operations Analyst
- Office System Analyst
- Methods Specialist
- Methods Analyst
- Method Consultant
- Material Requirements Worker
- Material Liaison
- Liaison Planner
- Forms Analyst
- File System Installer
- Decision Support Analyst
- Business Process Analyst
- Business Operations Analyst
- Analytics Consultant
- Analyst
Tasks for “Business Analyst”
- Prepare management reports defining and evaluating problems and recommending solutions.
- Analyze information obtained from management to conceptualize and define operational problems.
- Develop business methods and procedures, including accounting systems, file systems, office systems, logistics systems, and production schedules.
- Perform validation and testing of models to ensure adequacy and reformulate models as necessary.
- Study and analyze information about alternative courses of action to determine which plan will offer the best outcomes.
- Break systems into their components, assign numerical values to each component, and examine the mathematical relationships between them.
- Define data requirements and gather and validate information, applying judgment and statistical tests.
- Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
- Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
- Develop and apply time and cost networks to plan, control, and review large projects.
- Observe the current system in operation and gather and analyze information about each of the parts of component problems, using a variety of sources.
- Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
- Design, conduct, and evaluate experimental operational models in cases where models cannot be developed from existing data.
- Specify manipulative or computational methods to be applied to models.
Related Technology & Tools
- Desktop computers
- Mainframe computers
- Personal computers
- Laptop computers
- Hewlett Packard HP-UX
- C
- C++
- General algebraic modeling system GAMS
- Sun Microsystems Java
- Imagine That Extend OR
- The MathWorks MATLAB
- Microsoft MapPoint
- Telelogic System Architect
- IBM Cognos Impromptu
- Microsoft Project
- Oracle JD Edwards EnterpriseOne
- Qlik Tech QlikView
- Wireshark
- Stanford Business Software MINOS
- Business Forecast Systems Forecast Pro
- Microsoft PowerPoint
- Veritas NetBackup
- Oracle Business Intelligence Enterprise Edition
- Practical extraction and reporting language Perl
- Claritas PRIZM NE
- Microsoft Office
- IBM Notes
- Microsoft Visio
- MySQL
- ILOG OPL-CPLEX Development System
- Microsoft Access
- Rockwell Automation Arena
- StataCorp Stata
- Fund accounting software
- Microsoft Excel
- Structured query language SQL
- Insightful S-PLUS
- Microsoft SharePoint
- Teradata Database
- Linux
- SAP Crystal Reports
- Sybase PowerBuilder
- SPSS
- Cisco Systems IOS
- Job control language JCL
- R
- LINDO Systems LINGO
- Oracle Eloqua
- Oracle Hyperion
- LexisNexis
- Mesquite Software CSIM
- Strategic Reporting Systems ReportSmith
- ProModel
- Sybase
- SAS
- SAP Business Objects
- Mathsoft Mathcad
- ESRI ArcExplorer
- Mixed integer optimizer MINTO
- Extensible markup language XML
- iGrafx
- Minitab
- Microsoft SQL Server
- Splunk Enterprise
- A mathematical programming language AMPL
- SAP
- McAfee
- The MathWorks Simulink
- ESRI ArcGIS software
- Apache Pig
- IBM Power Systems software
- Tableau
- Microsoft Word
- UNIX
- Dassault Systemes CATIA
- MicroStrategy
- Microsoft Visual Basic
- Python
- Hyperion Solutions Hyperion Intelligence
- Wolfram Research Mathematica
- Stanford Business Software SNOPT