The following article discusses the career path of Operations Analyst. Learn about how to become one, education requirements, job duties, traits and qualities, national salary outlook as well as top national employers of Operations Analysts.
The role of an operations analyst is to ensure that all business practices are developed and implemented properly. Operations analysts aim to deliver optimal performance. Their exact duties vary tremendously depending on where they work, not in the least because they can be found in any element of the business world. However, it is common for them to be tasked with evaluating and, where necessary, updating operations, practices, and procedures. They often also assist with designing and implementing new product lines, as well as improving existing ones.
These professionals sometimes work alone but, in larger organizations, they are part of a team. They report to mid-level or senior management, production teams, sales teams, and other departments when needed. Sometimes, and particularly if they have a lot of experience, operations analysts also line manage a team.
Other job duties of an operations analyst include:
- Analyzing available data, finding trends, anomalies, and opportunities to improve operations.
- Performing an impact analysis on any potential improvement.
- Driving the development of new systems and improvements of operations.
- Taking part in any effort to improve technology, processes, and capabilities.
Where We Work
According to the U.S. Bureau of Labor Statistics, there were 114,000 operations research analysts in 2016. The largest employers of these professionals were:
- Finance and insurance: 28%
- Professional, scientific, and technical services: 22%
- Management of companies and enterprises: 9%
- Manufacturing: 9%
- Federal government: 5%
How to Become
At the heart of the duties of an operations analyst lies the opportunity to spot procedural, technical, and structural problems, and coming up with solutions to improve on these. They must have an in-depth understanding of dynamic market needs. Most, therefore, have a production or commerce background and have important business skills that enable them to make decisions and recommendations.
Operations analysts usually have a bachelor’s degree as a minimum, but a master’s degree is strongly preferred. A bachelor’s in operations research is a good starting point, although others focus on different quantitative or technical fields, such as mathematics, analytics, computer science, or engineering.
Operations analysis is based on quantitative skills. Hence, mathematics should be one of the core subjects studied. This includes linear algebra, calculus, and statistics. Computer science is also very important, as an analyst must use advanced database and statistical software in order to model and analyze data. Other courses, such as economics, engineering, and political science can also be beneficial as operations analysis is multidisciplinary and can be applied to so many different fields.
Operations analysts must also be committed to continuing education. They must keep their knowledge up to date in relation to software tools, technology, and improved analytical methods. It is quite common for these professionals to have a military background.
Traits & Qualities
The most effective operations analysts have the following traits to some degree or other:
- Strong analytical skills
- Excellent communication skills
- Critical thinking skills
- Great interpersonal skills
- Strong mathematical skills
- Excellent problem solvers
- Great writing skills
The national average salary estimate for Operations Analyst was $60,651. This number is estimated from over 785,224 employees, users past and present job advertisements from Indeed.com. This equates to an hourly salary of $31.59 and monthly of $5,054.
- Most Reported
Salary by State
The following section lists Operations Analyst salaries in each state around the country. The figures are based on the total number of job postings through Indeed.com. For example, Kansas had the largest quoted salary of $73,842 while Iowa had the smallest quoted salary of $32,294.
Top 20 National Employers
According to Indeed.com, the following states had employers looking to hire a Operations Analyst. The quoted salary figure represents the average salary from all job postings by this employer.
|Employer Name||Location||Average Salary|
|Clinical Management Consultants||California||$114,395|
|Parallel Partners||New York||$103,395|
|Ginas Tech Jobs||New York||$103,395|
|Select Portfolio Servicing, Inc.||Utah||$100,706|
|Mason Frank International||Texas||$98,483|
|Symbioun Technologies Inc||Georgia||$98,008|
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