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, Optimization Analyst
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Wages
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| Vermont - 2021 |
| Percentile1 | Hourly | Yearly |
| 10% |
$ 27.04 |
$56,240 |
| 25% |
$ 29.71 |
$61,800 |
| Median |
$ 37.71 |
$78,440 |
| 75% |
$ 47.88 |
$99,590 |
| 90% |
$ 52.10 |
$108,370 |
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| Average |
$ 39.14 |
$81,420 |
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| More at CareerOneStop |
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Industries of Employment
| United States - 2020 |
| Industry | Percent of total |
- Professional, scientific, and technical services
| 22% |
- Insurance carriers and related activities
| 13% |
- Credit intermediation and related activities
| 10% |
- Management of companies and enterprises
| 9% |
- Federal government, excluding postal service
| 6% |
| 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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- 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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- 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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- Administration and Management
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
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| More at O*NET |
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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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- Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
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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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- Judgment and Decision Making
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
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| More at O*NET |
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Interests
| People in this career often prefer these work environments: |
- Investigative
Investigative occupations frequently involve working with ideas, and require an extensive amount of thinking. These occupations can involve searching for facts and figuring out problems mentally.
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- Conventional
Conventional occupations frequently involve following set procedures and routines. These occupations can include working with data and details more than with ideas. Usually there is a clear line of authority to follow.
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- Enterprising
Enterprising occupations frequently involve starting up and carrying out projects. These occupations can involve leading people and making many decisions. Sometimes they require risk taking and often deal with business.
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| What are your interests? Take the O*NET Interest Profiler |
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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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- Integrity
Job requires being honest and ethical.
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- Attention to Detail
Job requires being careful about detail and thorough in completing work tasks.
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- Dependability
Job requires being reliable, responsible, and dependable, and fulfilling obligations.
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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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| 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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| Related Occupations
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| Career Video
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Projected Employment
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| Vermont |
| 2020 employment |
160 |
| 2030 employment |
205 |
Annual percent change
(compounded) |
2.5% |
Annual projected job openings
(due to change and separations) |
16 |
| 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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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 | | 0% |
Master's degree or
post-BA certificate | | 70% |
| Bachelor's degree | | 30% |
| 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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- 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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- Written Comprehension
The ability to read and understand information and ideas presented in writing.
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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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| More at O*NET |
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Work Activities
| In general, what you might do: |
- 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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- 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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- Getting Information
Observing, receiving, and otherwise obtaining information from all relevant sources.
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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: |
- Develop scientific or mathematical models.
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- Collaborate with others to resolve information technology issues.
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- Present research results to others.
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- Analyze data to identify or resolve operational problems.
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- Analyze project data to determine specifications or requirements.
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| More at O*NET |
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Tasks
| On the job, you would: |
- Formulate mathematical or simulation models of problems, relating constants and variables, restrictions, alternatives, conflicting objectives, and their numerical parameters.
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- Perform validation and testing of models to ensure adequacy, and reformulate models, as necessary.
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- Collaborate with senior managers and decision makers to identify and solve a variety of problems and to clarify management objectives.
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- Present the results of mathematical modeling and data analysis to management or other end users.
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- Collaborate with others in the organization to ensure successful implementation of chosen problem solutions.
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| More at O*NET |
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