Career and Education Opportunities for Operations Research Analysts in St. Louis, Missouri
Operations research analysts can find both educational opportunities and jobs in the St. Louis, Missouri area. There are currently 900 working operations research analysts in Missouri; this should grow by 10% to 990 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%. 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.
Operations research analysts earn about $32 hourly or $67,690 per year on average in Missouri and about $33 per hour or $69,000 annually on average nationally. Operations research analysts earn more than people working in the category of Statistics Analysis generally in Missouri and less than people in the Statistics Analysis category nationally. Jobs in this field include: file system installer, process analyst, and professor.
There are seventy-one schools of higher education in the St. Louis area, including two within twenty-five miles of St. Louis where you can get a degree to start your career as an operations research analyst. The most common level of education for operations research analysts is a Master's degree. It will take about six years to learn to be an operations research analyst if you already have a high school diploma, or just 2 years if you have a Bachelor's degree.
CAREER DESCRIPTION: Operations Research Analyst
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.
Operations research analysts formulate mathematical or simulation models of problems, relating constants and variables and their numerical parameters. They also layout and evaluate experimental operational models in cases where models cannot be developed from existing data. Equally important, operations research analysts have to observe the current system in operation and gather and analyze data related to each of the parts of component problems, using a variety of sources. They are often called upon to specify manipulative or computational methods to be applied to models. They are expected to ready management reports defining and evaluating problems and recommending solutions. Finally, operations research analysts design business methods and procedures, including accounting systems and production schedules.
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.
It is important for operations research analysts to break systems into their component parts, assign numerical values to each component, and examine the mathematical relationships between them. They are often called upon to design business methods and procedures, including accounting systems and production schedules. Somewhat less frequently, operations research analysts are also expected to design and apply time and cost networks to develop and review large projects.
They also have to be able to analyze data obtained from management to conceptualize and define operational problems and perform validation and testing of models to insure adequacy and reformulate models as needed. And finally, they sometimes have to collaborate with senior managers and decision makers to pinpoint and solve a variety of problems and to explain management objectives.
Like many other jobs, operations research analysts must be able to absorb the factors involved and a problem and provide a well thought out solution and have exceptional integrity.
Similar jobs with educational opportunities in St. Louis 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.
EDUCATIONAL OPPORTUNITIES: Operations Research Analyst Training
Hickey College - Saint Louis, MO
Hickey College, 940 Westport Plaza, Saint Louis, MO 63146. Hickey College is a small college located in Saint Louis, Missouri. It is a private for-profit school with primarily 4-year or above programs and has 442 students. Hickey College has a bachelor's degree program in Management Science which graduated thirty-nine students in 2008.
McKendree University - Lebanon, IL
McKendree University, 701 College Rd, Lebanon, IL 62254-1291. McKendree University is a small university located in Lebanon, Illinois. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,258 students and an admission rate of 65%. McKendree University has a bachelor's degree program in Management Science which graduated fourteen students in 2008.
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For more information, see the Business Espionage Controls and Countermeasures Association website.
Fiscal Services - Accelerated Package: Fiscal Services - Accelerated Package course list: Better Requests for Proposals for Better Projects; Continuous Improvement Through Monitoring; Contracting; New Coding System for the 21st Century; Procurement; and Writing Winning Grant Proposals.
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Stay Sharp Program - Defeating Rogue Access Points: Security professionals who are concerned about the weaknesses of wireless networks.
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Microsoft Certified Professional Developer: For individuals who wish to distinguish themselves as an expert in Windows development, Web application development, or enterprise applications development.
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LOCATION INFORMATION: St. Louis, Missouri
St. Louis is located in St. Louis City County, Missouri. It has a population of over 354,361, which has grown by 1.8% over the last ten years. The cost of living index in St. Louis, 83, is well below the national average. New single-family homes in St. Louis are priced at $111,600 on average, which is far less than the state average. In 2008, one hundred fifty-seven new homes were built in St. Louis, down from two hundred sixty-one the previous year.
The top three industries for women in St. Louis are health care, educational services, and accommodation and food services. For men, it is accommodation and food services, construction, and educational services. The average travel time to work is about 25 minutes. More than 19.1% of St. Louis residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 7.6%, is lower than the state average.
The unemployment rate in St. Louis is 10.9%, which is greater than Missouri's average of 8.9%.
Nativity of Our Lord Church, Church of the Good Shepard and Church of the Holy Communion are among the churches located in St. Louis.
St. Louis is home to the Terminal Railroad Association Building and the Memorial Home as well as Washington Park and Willmore Park. Shopping malls in the area include Hampton Village Shopping Center and Loughborough Shopping Center.