Career and Education Opportunities for Operations Research Analysts in Lewisville, Texas
Lewisville, Texas provides a wide variety of opportunities, both career and educational, for operations research analysts. Currently, 5,720 people work as operations research analysts in Texas. This is expected to grow by 12% to about 6,410 people by 2016. 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. 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 about $34 per hour or $71,660 annually on average in Texas 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 Texas earn less. 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: professor, analytical strategist, and operations analyst.
There are eighty-eight schools of higher education in the Lewisville area, including four within twenty-five miles of Lewisville where you can get a degree to start your career as an operations research analyst. Given that the most common education level 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 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 Lewisville include:
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EDUCATIONAL OPPORTUNITIES: Operations Research Analyst Training
University of North Texas - Denton, TX
University of North Texas, Chestnut Ave., Denton, TX 76203-1277. University of North Texas is a large university located in Denton, Texas. It is a public school with primarily 4-year or above programs. It has 34,795 students and an admission rate of 64%. University of North Texas has 2 areas of study related to Operations Research Analyst. They are:
- Educational Statistics and Research Methods, doctor's degree which graduated 1 student in 2008.
- Management Science, master's degree and doctor's degree which graduated one and one students respectively in 2008.
Texas Christian University - Fort Worth, TX
Texas Christian University, 2800 S University Dr, Fort Worth, TX 76129. Texas Christian University is a medium sized university located in Fort Worth, Texas. It is a private not-for-profit school with primarily 4-year or above programs. It has 8,696 students and an admission rate of 50%. Texas Christian University has a bachelor's degree program in Management Science which graduated seventy-two students in 2008.
Southern Methodist University - Dallas, TX
Southern Methodist University, 6425 Boaz St, Dallas, TX 75275-0221. Southern Methodist University is a large university located in Dallas, Texas. It is a private not-for-profit school with primarily 4-year or above programs. It has 10,965 students and an admission rate of 50%. Southern Methodist University has 2 areas of study related to Operations Research Analyst. They are:
- Operations Research, master's degree and doctor's degree which graduated eighteen and zero students respectively in 2008.
- Management Science, bachelor's degree which graduated 1 student in 2008.
University of Phoenix-Dallas Fort Worth Campus - Dallas, TX
University of Phoenix-Dallas Fort Worth Campus, 12400 Coit Road, Churchill Towers, Suite 200, Dallas, TX 75251-2009. University of Phoenix-Dallas Fort Worth Campus is a small university located in Dallas, Texas. It is a private for-profit school with primarily 4-year or above programs and has 1,198 students. University of Phoenix-Dallas Fort Worth Campus has a bachelor's degree and a master's degree program in Management Science which graduated twenty-one and seven students respectively in 2008.
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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.
For more information, see the Microsoft Corporation website.
LOCATION INFORMATION: Lewisville, Texas
Lewisville is situated in Denton County, Texas. It has a population of over 101,624, which has grown by 30.7% in the past ten years. The cost of living index in Lewisville, 91, is below the national average. New single-family homes in Lewisville cost $140,300 on average, which is well below the state average. In 2008, one hundred seventy-three new homes were built in Lewisville, down from three hundred thirty-seven the previous year.
The top three industries for women in Lewisville are educational services, health care, and professional, scientific, and technical services. For men, it is construction, professional, scientific, and technical services, and accommodation and food services. The average commute to work is about 27 minutes. More than 32.4% of Lewisville residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 7.1%, is lower than the state average.
The unemployment rate in Lewisville is 6.7%, which is less than Texas's average of 8.1%.
The percentage of Lewisville residents that are affiliated with a religious congregation, 34.5%, is less than both the national and state average. Pentecostal Church of God, Cedar Crest Community Church and Prince of Peace Evangelical Lutheran Church are some of the churches located in Lewisville. The most common religious groups are the Southern Baptist Convention, the Catholic Church and the United Methodist Church.
Lewisville is home to Woods Park and East Hill Park. Visitors to Lewisville can choose from Accommodation Now, Best Western Inn & Suites and Baymont Inn & Suites for temporary stays in the area.