If you have a knack for numbers, you might consider a career as an operations analyst. In this role, you would compile, examine, and organize data in order to solve problems and contribute to your company's efficient and smooth operation. Analysts must also have skills with identifying problems and deficiencies, as well as communicating ways to mitigate those problems.
The issues that operations analysts strive to solve may be in different areas, such as sales, logistics, or finance. Often, an operations analyst works under an operations manager or other supervisor who is responsible for weighing the analyst's suggestions and implementing them when possible.
Operations Analyst Job Education Requirements
A bachelor's degree is a minimum requirement for entry-level operations analyst positions. To advance in this career, however, you may need a master's degree along with years of experience. Operations analysis is not a commonly offered program at universities, so you may have to search for a school that offers specialized courses for this career. Many employers may accept a bachelor's or master's degree with a focus in a related field. Operations analysts should also continue to educate themselves on the latest technology and computing methods even after they graduate.
Operations Analyst Job Market
The United States Bureau of Labor Statistics (BLS) estimates job growth well above average for this occupation. As organizations look for ways to cut costs and make processes more efficient, the importance of operations analysts will continue to grow.
Operations Analyst Job Salary Information
If you enter this career, you can expect to make a decent living. The median annual wage is around $72,000, according to the BLS. The top 10 percent of earners with this job make around $130,000 per year, while the bottom 10 percent make less than $40,000. Your pay may depend on your chosen industry. Operations analysts in manufacturing tend to make more than those in finance and insurance.