What they do
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Formulate and apply mathematical modeling and other optimizing methods to develop and interpret information that assists management with decisionmaking, policy formulation, or other managerial functions. May collect and analyze data and develop decision support software, services, or products. May develop and supply optimal time, cost, or logistics networks for program evaluation, review, or implementation.
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| Also called: |
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Advanced Analytics Associate, Analytical Strategist, Decision Analyst, Operations Research Analyst (Ops Research Analyst), Operations Research Scientist (Ops Research Scientist), Optimization Analyst, Researcher
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Wages
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| Vermont - 2024 |
| Percentile1 | Hourly | Yearly |
| 10% |
$ 30.35 |
$63,120 |
| 25% |
$ 36.41 |
$75,730 |
| Median |
$ 52.31 |
$108,800 |
| 75% |
$ 63.51 |
$132,100 |
| 90% |
$ 64.91 |
$135,000 |
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| Average |
$ 50.02 |
$104,040 |
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Industries of Employment
| United States - 2022 |
| Industry | Percent of total |
- Professional, scientific, and technical services
| 25% |
- Credit intermediation and related activities
| 11% |
- Insurance carriers and related activities
| 10% |
- Management of companies and enterprises
| 9% |
- Administrative and support services
| 7% |
| More at BLS |
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Knowledge
| People in this career often know a lot about: |
- Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
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- Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
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- Engineering and Technology
Knowledge of the practical application of engineering science and technology. This includes applying principles, techniques, procedures, and equipment to the design and production of various goods and services.
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- Production and Processing
Knowledge of raw materials, production processes, quality control, costs, and other techniques for maximizing the effective manufacture and distribution of goods.
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- English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
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Skills
| People in this career often have these skills: |
- Mathematics
Using mathematics to solve problems.
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- Complex Problem Solving
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
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- Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
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- Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
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- Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
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Interests
| People in this career often prefer these work environments: |
- Investigative
Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the fields of humanities, mathematics/statistics, information technology, or health care service.
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- Conventional
Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or human resources.
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Work Styles
| People in this career will do well at jobs that need: |
- Analytical Thinking
Job requires analyzing information and using logic to address work-related issues and problems.
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- Attention to Detail
Job requires being careful about detail and thorough in completing work tasks.
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- Integrity
Job requires being honest and ethical.
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- Initiative
Job requires a willingness to take on responsibilities and challenges.
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- Innovation
Job requires creativity and alternative thinking to develop new ideas for and answers to work-related problems.
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Tasks
| On the job, you would: |
- Present the results of mathematical modeling and data analysis to management or other end users.
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- Define data requirements, and gather and validate information, applying judgment and statistical tests.
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- Perform validation and testing of models to ensure adequacy, and reformulate models, as necessary.
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- Prepare management reports defining and evaluating problems and recommending solutions.
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- Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
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| Related Occupations
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| Career Video
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Projected Employment
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| Vermont |
| 2022 employment |
159 |
| 2032 employment |
204 |
Annual percent change
(compounded) |
2.5% |
Annual projected job openings
(due to change and separations) |
15 |
| More at Occupational Projections |
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Education and Experience:
- Typical education needed for entry
Bachelor's degree
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- Work experience in a related occupation
None
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- Typical on-the-job training needed to attain competency
None
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| Based on BLS Education and Training Classifications |
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Physical Work Activity
Performing physical activities that require considerable use of your arms and legs and moving your whole body, such as climbing, lifting, balancing, walking, stooping, and handling materials.
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- Physical activity is Seldom Important
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| Low |  | High |
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Job Zone
| Extensive Preparation Needed |
- Specific Vocational Preparation Range
(8.0 and above) - A typical worker will require
over 4 years up to and including 10 years or more
of training to achieve average performance in this occupation.
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| Based on O*Net Job Zones and SVP |
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Education Level
| How much education do most people in this career have? |
| Education level |  | Percent of
U.S. Workers |
Doctoral or professional degree
or post-MA certificate | | 14% |
Master's degree or
post-BA certificate | | 52% |
| Bachelor's degree | | 33% |
| Associate's degree | | 0% |
Certificate or some college,
no degree | | 0% |
High school diploma
or equivalent | | 0% |
| Less than high school diploma | | 0% |
| More at O*NET |
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Abilities
| People in this career often have talent in: |
- Mathematical Reasoning
The ability to choose the right mathematical methods or formulas to solve a problem.
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- Deductive Reasoning
The ability to apply general rules to specific problems to produce answers that make sense.
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- Inductive Reasoning
The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
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- Number Facility
The ability to add, subtract, multiply, or divide quickly and correctly.
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- Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
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| More at O*NET |
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Work Activities
| In general, what you might do: |
- Getting Information
Observing, receiving, and otherwise obtaining information from all relevant sources.
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- Analyzing Data or Information
Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
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- Making Decisions and Solving Problems
Analyzing information and evaluating results to choose the best solution and solve problems.
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- Working with Computers
Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
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- Processing Information
Compiling, coding, categorizing, calculating, tabulating, auditing, or verifying information or data.
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| More at O*NET |
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Detailed Work Activities
| What you might do in a day: |
- Present research results to others.
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- Apply mathematical principles or statistical approaches to solve problems in scientific or applied fields.
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- Determine appropriate methods for data analysis.
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- Develop scientific or mathematical models.
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| More at O*NET |
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Other Resources
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- CareerOneStop
resource for job seekers, students, businessess and career professionals
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- O*NET Online
nation's primary source of occupational information
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