Career and Education Opportunities for Operations Research Analysts in Albuquerque, New Mexico
Albuquerque, New Mexico provides a wide variety of opportunities, both career and educational, for operations research analysts. There are currently 280 working operations research analysts in New Mexico; this should grow 14% to 320 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 $42 hourly or $88,040 per year on average in New Mexico and about $33 hourly or $69,000 yearly on average nationally. Operations research analysts earn less than people working in the category of Statistics Analysis generally in New Mexico and less than people in the Statistics Analysis category nationally. Operations research analysts work in a variety of jobs, including: methods specialist, office system analyst, and procedure analyst.
There are seventeen schools of higher education in the Albuquerque area, including one within twenty-five miles of Albuquerque 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. 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 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.
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EDUCATIONAL OPPORTUNITIES: Operations Research Analyst Training
University of Phoenix-New Mexico Campus - Albuquerque, NM
University of Phoenix-New Mexico Campus, 5700 Pasadena NE, Albuquerque, NM 87113-1570. University of Phoenix-New Mexico Campus is a small university located in Albuquerque, New Mexico. It is a private for-profit school with primarily 4-year or above programs and has 3,303 students. University of Phoenix-New Mexico Campus has a bachelor's degree program in Management Science which graduated seven students in 2008.
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LOCATION INFORMATION: Albuquerque, New Mexico
Albuquerque is situated in Bernalillo County, New Mexico. It has a population of over 521,999, which has grown by 16.4% in the past ten years. The cost of living index in Albuquerque, 89, is well below the national average. New single-family homes in Albuquerque cost $176,100 on average, which is above the state average. In 2008, 1,067 new homes were built in Albuquerque, down from 2,096 the previous year.
The three big industries for women in Albuquerque are health care, educational services, and accommodation and food services. For men, it is construction, professional, scientific, and technical services, and educational services. The average commute to work is about 20 minutes. More than 31.8% of Albuquerque residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 13.4%, is higher than the state average.
The unemployment rate in Albuquerque is 6.9%, which is less than New Mexico's average of 7.5%.
The percentage of Albuquerque residents that are affiliated with a religious congregation, 54.7%, is more than the national average but less than the state average. Heights Seventh Day Adventist Church, Hope Church and Baptist Student Union are some of the churches located in Albuquerque. The most common religious groups are the Catholic Church, the Southern Baptist Convention and the Non-Charismatic Churches Independent.
Albuquerque is home to the Menaul School Historic District and the Volcano Ranch as well as Cutler Park and Eunice Kaloch Park. Shopping centers in the area include Del Norte Parkade Shopping Center, Westway Shopping Center and Winrock Shopping Center. Visitors to Albuquerque can choose from Winrock Inn-Best Western, New Mexico State Government - Health Department- Behavioral Health Services Divi and Motel 6 for temporary stays in the area.