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