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Operations Research Phd Jobs in Indiana (NOW HIRING)

Elanco

Senior Data Scientist

Indianapolis, IN · On-site

PhD in Statistics, Data Science, Computer Science, Operations Research or a related STEM field with 2+ year of experience, OR Master's degree with 5+ years of relevant experience. * Strong expertise ...

Elanco

Senior Data Scientist

Indianapolis, IN · On-site

PhD in Statistics, Data Science, Computer Science, Operations Research or a related STEM field with 2+ year of experience, OR Master's degree with 5+ years of relevant experience. * Strong expertise ...

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How much do operations research phd jobs pay per year?

As of Jul 13, 2026, the average yearly pay for operations research phd in Indiana is $89,261.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,300.00 and $109,900.00 per year, depending on experience, location, and employer.

What are Operations Research PhDs?

Operations Research PhDs are experts who have completed a doctoral program focused on advanced analytical methods to help make better decisions and solve complex problems. Their studies involve mathematics, statistics, computer science, and engineering principles to develop models and algorithms used in industries such as logistics, finance, healthcare, and manufacturing. With a PhD, they often pursue careers in academia, industry research, or consulting, applying their expertise to optimize systems and processes.

What are some common challenges faced by Operations Research PhDs when transitioning from academia to industry roles?

One common challenge for Operations Research PhDs moving into industry is adapting to the faster-paced environment where solutions often need to be practical and implemented quickly, rather than purely theoretically optimal. Additionally, communicating complex analytical methods to non-technical stakeholders and working within cross-functional teams requires strong collaboration and interpersonal skills. Industry roles may also demand proficiency with industry-specific tools and the ability to manage multiple projects with shifting priorities. Embracing these challenges can accelerate professional growth and lead to rewarding career advancement.

What are the key skills and qualifications needed to thrive as an Operations Research PhD, and why are they important?

To thrive as an Operations Research PhD, you need advanced analytical skills, a strong foundation in mathematics and statistics, and a doctoral degree in operations research or a related quantitative field. Expertise with optimization software (like CPLEX or Gurobi), programming languages (such as Python, R, or MATLAB), and familiarity with data analysis tools are typically required. Strong problem-solving abilities, effective communication, and the ability to work collaboratively distinguish top performers in this role. These skills enable professionals to develop data-driven solutions to complex business problems and communicate insights to stakeholders, driving organizational efficiency and innovation.
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Operations Research Phd jobs near you
Engineer II Electricity Markets Research and Development

Engineer II Electricity Markets Research and Development

Midcontinent Independent System Operator (MISO)

Carmel, IN

$96K - $113K/yr

Full-time

Retirement, PTO

Posted 18 days ago

Job description

Overview

Help power the grid and shape the future of electricity markets! As MISO’s Engineer II on our Markets Research and Development team, you’ll help improve how electricity markets operate and how the power grid runs, supporting reliable energy for millions of people. You'll also partner with experts across the organization to study operational events, evaluate ideas to improve market operations and efficiency, develop tools, and generate simulation results that support data‑driven decision making. Your work will directly influence how electricity markets evolve and adapt to transformative changes ongoing in the electricity industry.

Responsibilities
  • Apply power engineering and operations research skills to explore innovative options and recommend solutions.
  • Gather and examine complex datasets to understand how markets and grid operations are performance.
  • Build and maintain models and simulation tools to simulate and test electricity market solutions.
  • Collaborate with teams across the organization to tackle challenges and strategically improve the electricity markets.
  • Develop and refine algorithms that help make market and grid operations more efficient and reliable.
  • Clearly document and present findings through reports, charts, and presentations to communicate insights effectively and accurately.
Qualifications
  • A Bachelor’s Degree in electrical engineering, computer engineering, electrical engineering technology, electrical and computer engineering, electrical and electronic engineering, or electronics and computer engineering technology, power systems, operations research, or a related technical field and at least 2 years of experience.
  • Master’s Degree or PhD preferred.
  • One to two years within any of the following: electricity market design, operations, or research and development; electricity market analysis; or system planning and development in an academic and/or professional setting.
  • Preferred experience that includes quantitative analysis, applying or developing optimization algorithms, and power system modeling and simulation.

Appropriate level will be determined based upon experience and knowledge.

Benefits

The base salary compensation range being offered for this role is $96,000 - $113,000 USD annually. Position is also eligible for an annual bonus if individual performance and company objectives are met. At MISO we offer a comprehensive benefits package, including 401k, vacation, sick and safe time, available on your first day of employment.

Job Details

Full‑Time position.

Equal Opportunity Employer.

This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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