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The differences between research analysts and operations research analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an operations research analyst has an average salary of $74,424, which is higher than the $70,232 average annual salary of a research analyst.
The top three skills for a research analyst include data analysis, data collection and research projects. The most important skills for an operations research analyst are operations research, DOD, and python.
| Research Analyst | Operations Research Analyst | |
| Yearly salary | $70,232 | $74,424 |
| Hourly rate | $33.77 | $35.78 |
| Growth rate | 19% | 23% |
| Number of jobs | 81,374 | 154,380 |
| Job satisfaction | 4.5 | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Average age | 37 | 45 |
| Years of experience | 6 | - |
A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.
Operations research analysts are responsible for assisting organizations in making better decisions. These professionals work to develop solutions that will aid businesses to operate more efficiently using advanced techniques such as data mining, optimization, and mathematical modeling. They work closely with key organizational stakeholders to stay up-to-date on short-term and long-term business goals. They also conduct research that will give them insights they need to guide decision-makers and develop solutions using predictive modeling, simulations, and statistical analysis.
Research analysts and operations research analysts have different pay scales, as shown below.
| Research Analyst | Operations Research Analyst | |
| Average salary | $70,232 | $74,424 |
| Salary range | Between $45,000 And $107,000 | Between $48,000 And $113,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Washington | Maine |
| Best paying company | The Citadel | The Citadel |
| Best paying industry | Finance | Professional |
There are a few differences between a research analyst and an operations research analyst in terms of educational background:
| Research Analyst | Operations Research Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Most common major | Business | Mathematics |
| Most common college | University of Georgia | University of Southern California |
Here are the differences between research analysts' and operations research analysts' demographics:
| Research Analyst | Operations Research Analyst | |
| Average age | 37 | 45 |
| Gender ratio | Male, 50.8% Female, 49.2% | Male, 68.2% Female, 31.8% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% | Black or African American, 13.9% Unknown, 5.9% Hispanic or Latino, 12.4% Asian, 12.9% White, 54.4% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 10% | 9% |