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Career and Education Opportunities for Operations Research Analysts in Minnesota

Minnesota has a population of 5,266,214, which has grown by 7.05% over the past 10 years. Nicknamed the "North Star State," its capital is Saint Paul, though its largest city is Minneapolis.

There are currently 1,650 working operations research analysts in Minnesota; this should grow 9% to 1,790 working operations research analysts in the state by 2016. This is not quite as good as the nation as a whole, where employment opportunities for operations research analysts are expected to grow by about 22.0%. Operations research analysts generally formulate and apply mathematical modeling and other optimizing methods using a computer to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions.

Operations research analysts earn approximately $31 per hour or $64,650 per year on average in Minnesota. Nationally they average about $33 per hour or $69,000 yearly. Earnings for operations research analysts are not quite as good as earnings in the general category of Statistics Analysis in Minnesota and not quite as good as general Statistics Analysis category earnings nationally. Operations research analysts work in a variety of jobs, including: policy officer, analyst, and procedure writer.

In 2008, there were a total of 3,567,295 jobs in Minnesota. The average annual income was $42,953 in 2008, up from $41,693 in 2007. The unemployment rate in Minnesota was 8.0% in 2009, which has grown by 2.6% since the previous year. Approximately 27.4% of Minnesota residents have college degrees, which is higher than the national average.

The top industries in Minnesota include medical, dental, and hospital equipment merchant wholesalers, general-line grocery merchant wholesalers, and real estate credit. Notable tourist attractions include the Golden Wings Museum, the Bill & Bonnie Daniels Firefighters Hall & Museum, and the Fridley Historical Society Museum.

CITIES WITH Operations Research Analyst OPPORTUNITIES IN Minnesota


JOB DESCRIPTION: Operations Research Analyst

Operations Research Analyst video from the State of New Jersey Dept. of Labor and Workforce Development

In general, operations research analysts formulate and apply mathematical modeling and other optimizing methods using a computer to develop and interpret information that assists management with decision making, policy formulation, or other managerial functions. They also may develop related software, service, or products.

Every day, operations research analysts are expected to be able to decide how to think about problems involving math. They need to deal with basic arithmetic problems.

Similar jobs with educational opportunities in Minnesota include:

  • Actuary. Analyze statistical data, such as mortality, accident, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain premium rates required and cash reserves necessary to ensure payment of future benefits.
  • Computer Programmer. Convert project specifications and statements of problems and procedures to detailed logical flow charts for coding into computer language. Develop and write computer programs to store, locate, and retrieve specific documents, data, and information. May program web sites.

LOCATION INFORMATION: Minnesota

Minnesota
Minnesota photo by Kablammo

Minnesota has a population of 5,266,214, which has grown by 7.05% over the past 10 years. Nicknamed the "North Star State," its capital is Saint Paul, though its largest city is Minneapolis. In 2008, there were a total of 3,567,295 jobs in Minnesota. The average annual income was $42,953 in 2008, up from $41,693 the previous year. The unemployment rate in Minnesota was 8.0% in 2009, which has grown by 2.6% since the previous year. Roughly 27.4% of Minnesota residents have college degrees, which is higher than the national average.

The top industries in Minnesota include medical, dental, and hospital equipment merchant wholesalers, general-line grocery merchant wholesalers, and real estate credit. Notable tourist destinations include the Hennepin History Museum, the Minneapolis Institute of Arts, and the Fridley Historical Society Museum.