Operations Researcher
Job overview
Operations researchers use quantitative techniques and models to find answers for financial, economic and management problems.
The aim is to develop alternatives from which the best solution to the problem can be chosen.
Most of their work involves using computers and mathematical methods and models to make the best decision.
What do people do in this occupation?
Operations researchers help solve a wide range of decision-making problems, varying from problems arising on a national or international level to the day-to-day management of a small business or factory.
On a national level, operations researchers have been involved in the following activities:
Operations research work is also done for specific companies, e.g. mining companies.
This involves planning cost-effective practices and developments and evaluating future strategies.
In banking, problems such as planning client services, determining how to keep ATM machines optimally stocked and assessing the risks involved in investments and customer credit, are addressed.
In industry, operations research is used in forecasting, quality control and the planning and management of manpower, technology, resources and transport.
What kinds of people are suitable for this career?
Operations researchers should have a mathematical aptitude and be interested in its practical implementation.
They should be able to think clearly and logically and approach a problem systematically.
Creativity, resourcefulness and initiative are also important qualities.
A wide general knowledge and interest in a wide variety of subjects would be an advantage.
Researchers must be able to work well within a team, but also on their own.
It is essential for operations researchers to be able to grasp a problem and explain solutions in practical, everyday language as well as in mathematical jargon.
What qualifications are needed?
A university degree in mathematics, computer science or economics would be a sound basis.
