Become an Operations Research Analyst in 2021? Salary, Jobs, Education

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Operations research analysts build and apply models to help stakeholders and management make intelligent decisions.

They have several responsibilities, including:

Gathering requirements by collaborating with decisionmakers to identify the problems and goals of their organization
Observing the current system and breaking it into components.
Creating models and simulations to help solve these problems.
Validating and testing these models with different inputs
Modifying the model or simulation as needed.
Educating users.

In 1999, the Bureau of Labor Statistics recorded $53,850 as the average base salary. By 2019, the average base salary rose to $90,600. Wages grew by $36,750 (or $1,837 yearly) from 1999-2019. The estimated 2021 average base salary would be $94,275, using $1,837 as the average yearly income. If trends were to continue, by 2029, the average base salary would rise to $108,975.

The job market for operations research analysts has risen since 1999. In 1999, there were 43,760 employed operations research analysts. By 2019, the number of employed operations research analysts increased to 99,680. From 1999 - 2019, there was a gain of 55,920 employed operations research analysts. In 2019, the Bureau of Labor Statistics predicted a 25% increase in operations research analysts. By 2029, they are predicting 124,600 employed operations, research analysts.