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Career and Education Opportunities for Operations Research Analysts in Richardson, Texas

For those living in the Richardson, Texas area, there are many career and education opportunities for operations research analysts. Currently, 5,720 people work as operations research analysts in Texas. This is expected to grow 12% to 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. 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 approximately $34 per hour or $71,660 per year on average in Texas. Nationally they average about $33 per hour or $69,000 yearly. Operations research analysts earn less than people working in the category of Statistics Analysis generally in Texas and less than people in the Statistics Analysis category nationally. Jobs in this field include: supply chain analyst, operations analyst, and business process analyst.

The Richardson area is home to seventy-seven schools of higher education, including three within twenty-five miles of Richardson where you can get a degree as an operations research analyst. Operations research analysts usually hold a Master's degree, so 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

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.

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 Richardson include:

  • 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 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.

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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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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For more information, see the Microsoft Corporation website.

LOCATION INFORMATION: Richardson, Texas

Richardson, Texas
Richardson, Texas photo by Infrogmation

Richardson is situated in Dallas County, Texas. It has a population of over 101,589, which has grown by 10.7% over the last ten years. The cost of living index in Richardson, 92, is below the national average. New single-family homes in Richardson are priced at $210,000 on average, which is well above the state average. In 2008, sixty-eight new homes were constructed in Richardson, down from one hundred forty-eight the previous year.

The top three industries for women in Richardson are educational services, professional, scientific, and technical services, and health care. For men, it is professional, scientific, and technical services, computer and electronic products, and construction. The average travel time to work is about 24 minutes. More than 47.7% of Richardson residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 16.2%, is higher than the state average.

The unemployment rate in Richardson is 7.2%, which is less than Texas's average of 8.1%.

The percentage of Richardson residents that are affiliated with a religious congregation, 55.1%, is more than the national average but less than the state average. Heights Baptist Church, Richardson East Baptist Church and Richland Bible Fellowship Church are some of the churches located in Richardson. The most prominent religious groups are the Catholic Church, the Southern Baptist Convention and the United Methodist Church.

Richardson is home to Canyon Creek Park and Berkner Park. Visitors to Richardson can choose from Comfort Inn, Best Western Dallas Telecom Area and Champ Restaurant Equipment Supplies for temporary stays in the area.