How much does an Operations Research Analyst IV make in Montana? The average Operations Research Analyst IV salary in Montana is $91,455 as of February 26, 2024, but the range typically falls between $80,184 and $100,144. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Operations Research Analyst IV Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Operations Research Analyst IV Salary $69,922 MT February 26, 2024
25th Percentile Operations Research Analyst IV Salary $80,184 MT February 26, 2024
50th Percentile Operations Research Analyst IV Salary $91,455 MT February 26, 2024
75th Percentile Operations Research Analyst IV Salary $100,144 MT February 26, 2024
90th Percentile Operations Research Analyst IV Salary $108,054 MT February 26, 2024
25% $80,184 10% $69,922 90% $108,054 75% $100,144 $91,455 50%(Median) Didn’t find job title? Click
Change Search Criteria
Check out Operations Research Analyst jobs in Montana

Operations Research Analyst

Qualis Corporation - Aurora, CO

Business Analysis, Junior Analyst

The MIL Corporation - Charleston, SC

IT Business Analyst

Schreiber Foods - Green Bay, WI

What skills does an Operations Research Analyst IV need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Data Analysis: Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.

3.

Data Science: Data science is a multi-disciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data. Data science is the same concept as data mining and big data: "use the most powerful hardware, the most powerful programming systems, and the most efficient algorithms to solve problems". Data science is a "concept to unify statistics, data analysis, machine learning and their related methods" in order to "understand and analyze actual phenomena" with data. It employs techniques and theories drawn from many fields within the context of mathematics, statistics, computer science, and information science. Turing award winner Jim Gray imagined data science as a "fourth paradigm" of science (empirical, theoretical, computational and now data-driven) and asserted that "everything about science is changing because of the impact of information technology" and the data deluge. In 2015, the American Statistical Association identified database management, statistics and machine learning, and distributed and parallel systems as the three emerging foundational professional communities.

Analysis 1.29%
Data Analysis 0.11%
Data Science 0.08%
Others 98.52%

Job Description for Operations Research Analyst IV

Operations Research Analyst IV collects and analyzes data to evaluate operations and processes and to facilitate complex decision-making. Follows established modeling and evaluation methodologies to determine the effectiveness of current operational activities, isolate problem areas and develop solutions. Being an Operations Research Analyst IV tests and validates models and results. Prepares reports that outline and rank proposed solutions and present a range of possible alternatives. Additionally, Operations Research Analyst IV may coordinate or provide guidance to high complexity or critical projects utilizing multiple resources. Requires a bachelor's degree of mathematics or related field. Typically reports to a manager. Operations Research Analyst IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. To be an Operations Research Analyst IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

Employers: Job Description Management Tool

See user submitted job responsibilities for Operations Research Analyst IV.

Salary.com job board provides millions of Operations Research Analyst IV information for you to search for. Click on search button below to see Operations Research Analyst IV job openings or enter a new job title here.

Job Openings for Operations Research Analyst IV in Montana

Select a city to view specific salary and bonus information for Operations Research Analyst IV

Loading results...
Location Avg. Salary Date Updated
Location Belgrade, MT Avg. Salary $84,483 Date Updated February 26, 2024
Location Absarokee, MT Avg. Salary $94,738 Date Updated February 26, 2024
Location Acton, MT Avg. Salary $95,538 Date Updated February 26, 2024
Location Alberton, MT Avg. Salary $93,337 Date Updated February 26, 2024
Location Alder, MT Avg. Salary $86,962 Date Updated February 26, 2024
Location Alzada, MT Avg. Salary $86,524 Date Updated February 26, 2024
Location Anaconda, MT Avg. Salary $84,483 Date Updated February 26, 2024
Location Angela, MT Avg. Salary $94,738 Date Updated February 26, 2024
Location Antelope, MT Avg. Salary $96,158 Date Updated February 26, 2024
Location Arlee, MT Avg. Salary $84,483 Date Updated February 26, 2024

Career Path for Operations Research Analyst IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Operations Research Analyst IV, the upper level is Operations Research Analyst V and then progresses to Operations Research Analysis Supervisor.

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst
Operations Research Analyst IV Salary in Montana
Operations Research Analyst IV Salary Graph, Regional Distribution and Summary