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Senior cost engineer vs industrial engineer

The differences between senior cost engineers and industrial engineers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a senior cost engineer and an industrial engineer. Additionally, a senior cost engineer has an average salary of $86,004, which is higher than the $76,501 average annual salary of an industrial engineer.

The top three skills for a senior cost engineer include cost engineering, construction management and cost analysis. The most important skills for an industrial engineer are continuous improvement, lean manufacturing, and sigma.

Senior cost engineer vs industrial engineer overview

Senior Cost EngineerIndustrial Engineer
Yearly salary$86,004$76,501
Hourly rate$41.35$36.78
Growth rate10%10%
Number of jobs27,90146,756
Job satisfaction--
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 78%
Average age4242
Years of experience44

Senior cost engineer vs industrial engineer salary

Senior cost engineers and industrial engineers have different pay scales, as shown below.

Senior Cost EngineerIndustrial Engineer
Average salary$86,004$76,501
Salary rangeBetween $60,000 And $121,000Between $59,000 And $97,000
Highest paying CitySan Francisco, CASeattle, WA
Highest paying stateNew JerseyAlaska
Best paying companyNikeApple
Best paying industryProfessionalTechnology

Differences between senior cost engineer and industrial engineer education

There are a few differences between a senior cost engineer and an industrial engineer in terms of educational background:

Senior Cost EngineerIndustrial Engineer
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 78%
Most common majorBusinessIndustrial Engineering
Most common collegeNew York UniversityNew York University

Senior cost engineer vs industrial engineer demographics

Here are the differences between senior cost engineers' and industrial engineers' demographics:

Senior Cost EngineerIndustrial Engineer
Average age4242
Gender ratioMale, 81.4% Female, 18.6%Male, 80.2% Female, 19.8%
Race ratioBlack or African American, 4.8% Unknown, 4.0% Hispanic or Latino, 11.7% Asian, 10.7% White, 68.8% American Indian and Alaska Native, 0.2%Black or African American, 4.8% Unknown, 4.0% Hispanic or Latino, 11.8% Asian, 12.9% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage4%4%

Differences between senior cost engineer and industrial engineer duties and responsibilities

Senior cost engineer example responsibilities.

  • Manage retrofit projects for progressive stamping equipment.
  • Develop database to enable constant efficient update and improvement of WBS structure base on addition and deletion of project scope.
  • Provide WBS and integrate cost accounts with organizational structures.
  • Create logistic models to identify optimal international logistics to increase profitability with improve service to customers.
  • Develop and maintain documentation repository base in SharePoint.

Industrial engineer example responsibilities.

  • Plan, manage, lead and execute projects from conception to successful completion using the DMAIC methodology.
  • Manage development of equipment, which include electrical systems, PLC programming, pneumatic circuits, hydraulic systems and fixtures.
  • Lead PDCA project to reduce order sizing defects that impact customer product delivery, avoiding $230K in lose revenue.
  • Utilize AutoCad for plant layout modifications or capital projects.
  • Train new IE's in the work group in labor reporting, equipment cycle timing and labor standards.
  • Lead for manufacturing relate continuous improvement activities including Kaizen events to improve production efficiency b
  • Show more

Senior cost engineer vs industrial engineer skills

Common senior cost engineer skills
  • Cost Engineering, 9%
  • Construction Management, 7%
  • Cost Analysis, 7%
  • Cost Models, 7%
  • Cost Estimates, 5%
  • Project Controls, 5%
Common industrial engineer skills
  • Continuous Improvement, 9%
  • Lean Manufacturing, 7%
  • Sigma, 5%
  • Project Management, 5%
  • Logistics, 5%
  • Lean Six Sigma, 4%

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