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The differences between asic design engineers and cost engineers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both an asic design engineer and a cost engineer. Additionally, an asic design engineer has an average salary of $109,252, which is higher than the $87,901 average annual salary of a cost engineer.
The top three skills for an asic design engineer include architecture, SOC and rtl design. The most important skills for a cost engineer are project management, cost analysis, and construction management.
| Asic Design Engineer | Cost Engineer | |
| Yearly salary | $109,252 | $87,901 |
| Hourly rate | $52.52 | $42.26 |
| Growth rate | 3% | 3% |
| Number of jobs | 71,370 | 65,278 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Average age | 45 | 45 |
| Years of experience | 6 | 6 |
An ASIC (Application Specific Integrated Circuit) design engineer is responsible for creating architectural specifications and model statements for ASIC systems to support business operations and requirements. ASIC design engineers determine network solutions to resolve system complexities and enhance simulation optimization for design integration. They must have excellent technical skills, especially in writing and analyzing programming codes and languages, modify existing logic, and improve circuit infrastructures. An ASIC design engineer runs multiple quality checks with the output, ensuring that it adheres to regulations and guidelines.
A cost engineer is responsible for projecting cost and expenses reports for the production process, identify and mitigate risks, and develop strategic techniques to reduce the excessive financial loss for project buildings. Cost engineers conduct data and statistical analysis to measure time deliverables and quality checks to ensure profitability and adherence to business objectives. They research and negotiate materials from trusted suppliers and vendors with high-quality products that would meet construction designs and client specifications.
Asic design engineers and cost engineers have different pay scales, as shown below.
| Asic Design Engineer | Cost Engineer | |
| Average salary | $109,252 | $87,901 |
| Salary range | Between $82,000 And $144,000 | Between $64,000 And $120,000 |
| Highest paying City | Menlo Park, CA | San Francisco, CA |
| Highest paying state | Washington | Rhode Island |
| Best paying company | Meta | BP America Inc |
| Best paying industry | Technology | Energy |
There are a few differences between an asic design engineer and a cost engineer in terms of educational background:
| Asic Design Engineer | Cost Engineer | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 74% |
| Most common major | Electrical Engineering | Business |
| Most common college | Northeastern University | Georgia Institute of Technology |
Here are the differences between asic design engineers' and cost engineers' demographics:
| Asic Design Engineer | Cost Engineer | |
| Average age | 45 | 45 |
| Gender ratio | Male, 88.3% Female, 11.7% | Male, 74.1% Female, 25.9% |
| Race ratio | Black or African American, 4.1% Unknown, 4.6% Hispanic or Latino, 9.0% Asian, 24.8% White, 57.3% American Indian and Alaska Native, 0.2% | Black or African American, 4.9% Unknown, 4.7% Hispanic or Latino, 11.3% Asian, 14.4% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 6% | 6% |