Operations Research

Operations research, or operational research in British usage, is a discipline that deals with the application of advanced analytical methods to help make better decisions. Further, the term 'operational analysis' is used in the British (and some British Commonwealth) military as an intrinsic part of capability development, management and assurance. In particular, operational analysis forms part of the Combined Operational Effectiveness and Investment Appraisals (COEIA), which support British defense capability acquisition decision-making.

It is often considered to be a sub-field of applied mathematics. The terms management science and decision science are sometimes used as synonyms.

Employing techniques from other mathematical sciences, such as mathematical modeling, statistical analysis, and mathematical optimization, operations research arrives at optimal or near-optimal solutions to complex decision-making problems. Because of its emphasis on human-technology interaction and because of its focus on practical applications, operations research has overlap with other disciplines, notably industrial engineering and operations management, and draws on psychology and organization science. Operations research is often concerned with determining the maximum (of profit, performance, or yield) or minimum (of loss, risk, or cost) of some real-world objective. Originating in military efforts before World War II, its techniques have grown to concern problems in a variety of industries.

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Scholarships for Operations Research Majors

Bullet name award deadline Link
 

NSF SBIR Innovative Postdoctoral Entrepreneurial Fellowship (NSF I-PERF)

American Society for Engineering Education (ASEE)

Up to $78,000 Varies See Details
 

NSF SBIR Innovative Postdoctoral Entrepreneurial Fellowship (NSF I-PERF)

American Society for Engineering Education (ASEE)

award

Up to $78,000

deadline

Varies
See Details
 

U.S. to Australia Fellowship

American Australian Association

Up to $40,000 September 30, 2023 See Details
 

U.S. to Australia Fellowship

American Australian Association

award

Up to $40,000

deadline

September 30, 2023
See Details
 

Edith Nourse Rogers STEM Scholarship

U.S. Department of Veterans Affairs

Up to $30,000 Varies See Details
 

Edith Nourse Rogers STEM Scholarship

U.S. Department of Veterans Affairs

award

Up to $30,000

deadline

Varies
See Details
 

SMART Scholarship

United States Department of Defense (DoD)

Up to $38,000 December 01, 2023 See Details
 

SMART Scholarship

United States Department of Defense (DoD)

award

Up to $38,000

deadline

December 01, 2023
See Details
 

Trustey Family Scholars Program

University of Notre Dame

$25,000 January 01, 2024 See Details
 

Trustey Family Scholars Program

University of Notre Dame

award

$25,000

deadline

January 01, 2024
See Details
 

Stinson Scholars Program

University of Notre Dame

$25,000 January 01, 2024 See Details
 

Stinson Scholars Program

University of Notre Dame

award

$25,000

deadline

January 01, 2024
See Details
 

Besio Family Scholarship

University of Notre Dame

$25,000 January 01, 2024 See Details
 

Besio Family Scholarship

University of Notre Dame

award

$25,000

deadline

January 01, 2024
See Details
 

Engineering Honors Scholarship - Greenville University

Greenville University

$20,500 Varies See Details
 

Engineering Honors Scholarship - Greenville University

Greenville University

award

$20,500

deadline

Varies
See Details
 

McKnight Doctoral Fellowship

Florida Education Fund

Up to $18,000 January 15, 2024 See Details
 

McKnight Doctoral Fellowship

Florida Education Fund

award

Up to $18,000

deadline

January 15, 2024
See Details
 

Astronaut Scholarship in Science and Technology

Astronaut Scholarship Foundation

Up to $15,000 Varies See Details
 

Astronaut Scholarship in Science and Technology

Astronaut Scholarship Foundation

award

Up to $15,000

deadline

Varies
See Details