Last Updated: 06/07/2022 and all information on this page is accurate and up-to-date
What is Operations Research? FAQ
Operations research (OR) is a discipline of problem-solving and decision-making that uses advanced analytical methods to helps management run an effective organization. Problems are broken down, analyzed and solved in steps.
- Identify a problem
- Build a model around the real world problem
- Use the model to arrive at solutions
- Test the solution and analyze its success
- Implement the solution
- According to the Bureau of Labor, operations research employment is projected to grow 25 percent from 2020 to 2030, much faster than the average for all occupations.
- About 10,200 operations research openings are projected each year, on average, over the decade.
- Operation researcher practitioners are employed in a wide variety of industries including:
- Health Care
- And much more
- Operation researcher practitioners have the luxury not to specialize. They can keep their options open. This makes them immune to the ups and downs of any individual industry.
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