Operations Research Academic Salary in Rhode Island

Annual Median: $111,380
Hourly Median: N/A

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.

Annual and Hourly Operations Research Academic undefined, Rhode Island Salary Table:

Data sourced from Career One Stop, provided by the BLS Occupational Employment and Wage Statistics wage estimates.
PercentileAnnual SalaryHourly Wage
10th$61,370$0
25th$81,070$0
Median$111,380$0
75th$178,580$0
90th$223,610$0

Best Schools to become a Operations Research Academic in Rhode Island 2024

Brown University

Providence, RI

In-State Tuition:$62,680
Out-of-State Tuition:$62,680
Admission Rate:5%
Graduation Rate:95%
Total Enrollment:11,189

Bryant University

Smithfield, RI

In-State Tuition:$48,432
Out-of-State Tuition:$48,432
Admission Rate:69%
Graduation Rate:83%
Total Enrollment:3,536

University of Rhode Island

Kingston, RI

In-State Tuition:$13,586
Out-of-State Tuition:$32,068
Admission Rate:76%
Graduation Rate:72%
Total Enrollment:17,473

Roger Williams University

Bristol, RI

In-State Tuition:$41,068
Out-of-State Tuition:$41,068
Admission Rate:91%
Graduation Rate:66%
Total Enrollment:4,397

Operations Research Academic Salary in Rhode Island FAQs

What qualifications are typically required to become an Operations Research Academic in Rhode Island?

To pursue a career as an Operations Research Academic, you generally need an advanced degree, such as a Ph.D. in Operations Research, Industrial Engineering, Applied Mathematics, or a related field. Additionally, a solid foundation in quantitative methods, optimization techniques, and statistical analysis is essential. Many institutions also value teaching experience and a record of research publications.

How does the salary of an Operations Research Academic in Rhode Island compare to other states?

Salaries for Operations Research Academics can vary significantly from state to state, influenced by factors such as the cost of living, the presence of higher education institutions, and state funding for research initiatives. Rhode Island may offer salaries that differ from neighboring states, often reflecting its unique economic circumstances and demand for academic professionals in the field.

Are there opportunities for additional income outside of a regular salary?

Yes, many Operations Research Academics engage in various activities that can supplement their income, such as consulting for businesses, conducting workshops or training sessions, and participating in funded research projects. Additionally, some may receive stipends for serving on academic committees or publishing books and articles.

What factors influence the salary of an Operations Research Academic?

Several factors can impact your salary, including:

  • Experience: More seasoned professionals typically command higher salaries.
  • Institution Type: Salaries may differ between community colleges, state universities, and private research institutions.
  • Geographic Location: Areas with a higher cost of living or a concentrated demand for Operations Research professionals may offer higher compensation.
  • Research Funding: Academic professionals with successful grant applications or those involved in sponsored projects often see a salary increase.

How can I enhance my potential salary as an Operations Research Academic?

To improve your earning potential, consider the following strategies:

  • Pursue advanced education: Obtaining higher degrees and certifications can lead to better opportunities.
  • Develop specialized skills: Expertise in cutting-edge methodologies or software tools can make you more competitive.
  • Network: Building relationships in academia and industry can uncover job opportunities and collaborations.
  • Contribute to research: Engaging in impactful research can increase your visibility and potentially lead to higher-paying positions or grants.

Is it common for Operations Research Academics to receive bonuses?

While not universally applicable, some institutions may offer bonuses based on performance metrics such as research output, successful grant acquisition, or outstanding teaching evaluations. However, this can vary widely by institution and funding availability.

What is the typical career progression for an Operations Research Academic?

Career progression often follows a typical trajectory beginning with roles as a lecturer or assistant professor, advancing to associate professor, and then to full professor. Achieving tenure is also a significant milestone in many academic careers. In addition, some may take on administrative roles or leadership positions within their departments or universities.

Are there any professional organizations relevant to Operations Research Academics?

Yes, several professional organizations provide valuable resources, networking opportunities, and conferences for Operations Research Academics, including:

  • INFORMS (Institute for Operations Research and the Management Sciences)
  • IIE (Institute of Industrial Engineers)
  • SISO (Society for Information Displays)

Membership in such organizations often facilitates collaboration and access to the latest research and practices in the field.

How important is research in securing a position as an Operations Research Academic?

Research plays a critical role in academic careers as it not only contributes to your institution’s prestige but also aids in the pursuit of funding and grants. A solid publication record can enhance your prospects for tenure and promotion, making it essential to engage actively in quality research throughout your career.