Career and Education Opportunities for Operations Research Analysts in Lincoln, Nebraska
Operations research analysts can find both educational opportunities and jobs in the Lincoln, Nebraska area. About 450 people are currently employed as operations research analysts in Nebraska. By 2016, this is expected to grow by 20% to 540 people employed. This is not quite as good as the national trend for operations research analysts, which sees this job pool growing by about 22.0% over the next eight years. 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 $31 hourly or $64,860 per year on average in Nebraska and about $33 per hour or $69,000 yearly on average nationally. Compared with people working in the overall category of Statistics Analysis, people working as operations research analysts in Nebraska earn more. They earn less than people working in the overall category of Statistics Analysis nationally. People working as operations research analysts can fill a number of jobs, such as: file system installer, business operations analyst, and scientist.
There are three schools within twenty-five miles of Lincoln where you can study to be an operations research analyst, among twenty-five schools of higher education total in the Lincoln area. Given that the most common education level for operations research analysts is a Master's degree, you can expect to spend about six years training to become an operations research analyst if you already have a high school diploma, or just 2 years starting with 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 Lincoln 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
University of Nebraska-Lincoln - Lincoln, NE
University of Nebraska-Lincoln, 14th and R St, Lincoln, NE 68588. University of Nebraska-Lincoln is a large university located in Lincoln, Nebraska. It is a public school with primarily 4-year or above programs. It has 23,573 students and an admission rate of 63%. University of Nebraska-Lincoln has 2 areas of study related to Operations Research Analyst. They are:
- Management Science, bachelor's degree which graduated 8 students in 2008.
- Management Sciences and Quantitative Methods, Other Specialties, bachelor's degree.
University of Nebraska at Omaha - Omaha, NE
University of Nebraska at Omaha, 6001 Dodge St, Omaha, NE 68182-0225. University of Nebraska at Omaha is a large university located in Omaha, Nebraska. It is a public school with primarily 4-year or above programs. It has 14,213 students and an admission rate of 84%. University of Nebraska at Omaha has a bachelor's degree program in Management Sciences and Quantitative Methods, Other Specialties.
Doane College-Lincoln Grand Island and Master - Lincoln, NE
Doane College-Lincoln Grand Island and Master, 303 N 52nd St, Lincoln, NE 68504. Doane College-Lincoln Grand Island and Master is a small college located in Lincoln, Nebraska. It is a private not-for-profit school with primarily 4-year or above programs and has 1,651 students. Doane College-Lincoln Grand Island and Master has a master's degree program in Management Science which graduated sixty-eight students in 2008.
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LOCATION INFORMATION: Lincoln, Nebraska
Lincoln is situated in Lancaster County, Nebraska. It has a population of over 251,624, which has grown by 11.5% in the past ten years. The cost of living index in Lincoln, 80, is well below the national average. New single-family homes in Lincoln cost $170,100 on average, which is above the state average. In 2008, five hundred thirty-nine new homes were constructed in Lincoln, down from eight hundred twenty-nine the previous year.
The three most popular industries for women in Lincoln are health care, educational services, and finance and insurance. For men, it is construction, educational services, and public administration. The average commute to work is about 17 minutes. More than 33.3% of Lincoln residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 11.2%, is higher than the state average.
The unemployment rate in Lincoln is 4.1%, which is less than Nebraska's average of 4.5%.
The percentage of Lincoln residents that are affiliated with a religious congregation, 45.4%, is less than both the national and state average. Saint John Baptist Church, Calvary Baptist Church and Calvary Lutheran Church are some of the churches located in Lincoln. The most common religious groups are the Catholic Church, the United Methodist Church and the Lutheran Church.
Lincoln is home to the Cedars Home and the AGP Grain Cooperative Elevator as well as Abel Stadium and 40th and Highway 2 Park. Shopping malls in the area include Gateway Mall, Sutter Place Mall and Edgewood Shopping Center. Visitors to Lincoln can choose from Comfort Suites, Ramada Limited North and Quality Inn Airport for temporary stays in the area.