How To Become a Cost Estimator

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How Long Does It Take, What Degree Do You Need, and More

Cost Estimators

Cost Estimators prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.

Salary
$72960
Becoming One
Hard
Education
Bachelor's degree
Job Satisfaction
Job Growth

Personality
Interest Match



What degree do you need

Recommended degree level

Bachelor’s Degree

We did a survey to ask other Cost Estimators what degree they had when they became a Cost Estimator. Here are the results.
Bachelor’s Degree
63.64%


Master’s Degree
18.18%


a Post-Secondary Certificate
9.09%


One of the most common questions that we always get is what major or degree do I need to become Cost Estimators or what courses do I need to take.

We also asked Cost Estimators what did they major in college or university and here are the top 5 most popular majors that came up.

Materials Engineering
Mechanical Engineering
Construction Engineering
Manufacturing Engineering
Construction Engineering Technology

A bachelor’s degree is generally required for someone to become a cost estimator. However, a few highly experienced construction workers may qualify without a bachelor’s degree. Construction cost estimators generally need a bachelor’s degree in an industry-related field, such as construction management, building science, or engineering. Those interested in estimating manufacturing costs typically need a bachelor’s degree in engineering, physical sciences, mathematics, or statistics.



Featured Schools

How hard is it

Difficulty
Hard

You will need a considerable amount of work-related skill, knowledge or experience to be a Cost Estimator. For example, an accountant must complete 4 years of college and work for several years in accounting to be considered qualified.

Careers in this difficulty category will usually need several years of work-related experience, on-the-job training, and/or vocational training. These careers usually involve coordinating, supervising, managing, or training others. Similar careers include sales managers, database administrators, chemists, and art directors.


Related work experience required
1 to 2 years

1 to 2 years
22.73%


None
18.18%


Over 10 years
18.18%


Job training
6 months to 1 year

6 months to 1 year
23.81%


1 to 2 years
19.05%


2 to 4 years
19.05%



License and certifications

Do you need any license or certification


Skills required

We asked other Cost Estimators if they could only have 5 skills, what would they be. Here is what they said.

1. Mathematics what does this mean
2. Speaking what does this mean
3. Critical Thinking what does this mean
4. Active Listening what does this mean
5. Judgement and Decision Making what does this mean

= Hot in-demand that most employers are looking for


Knowledge required

Just like any other job, you will need certain know-hows to excel at your job. Cost Estimators are generally very knowledgeable in these 5 key areas.

1. Mathematics what does this mean
2. Engineering and Technology what does this mean
3. English Language what does this mean
4. Economics and Accounting what does this mean
5. Computers and Electronics what does this mean


Learn more about Cost Estimators

Summary
Job Description
Salary
Requirements (You are here)
Quiz

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Related to Cost Estimators Requirements

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