What is the prospect of engineering cost specialty in Australia?

Engineering cost is a major chosen by Australian students, so what is the employment situation of engineering cost major in Australia? Let's take a look at the prospect of engineering cost specialty in Australia with me.

Engineering cost engineers, also known as "architectural economists" and "engineering cost managers", are professional consultants in the construction industry. Engineering cost engineers participate in a wide range of engineering construction projects: from office buildings, schools, hospitals and factories to large-scale engineering projects such as the development of mineral resources such as bridges, railways and oil, and shipbuilding, and are responsible for budgeting and monitoring the input costs of money, time, manpower and raw materials needed in the whole process from project bidding preparation, project construction to final completion.

Australia's construction industry is the third largest industry in Australia, second only to finance and mining, accounting for 8% of the national GDP. This major belongs to general skilled immigrants, and its assessment and certification institution is the Australian Association of Quantity Surveyors (AIQS), with an average annual salary of 72,485 Australian dollars (48,794-65,438 US dollars +0 17686) before tax.

If you want to be a project cost engineer in Australia, you must first have professional qualifications, that is, professional certification, which is assessed by AIQS (Australian Institute of Quantity Surveyors). After graduation, students can take engineering cost engineer (quantity surveyor Anzsco 2332 13) as the nominated occupation for skilled immigrants, and immigrants with 60 points can apply for PR.

At present, six schools in Australia offer master's degrees in engineering cost, namely: University of Melbourne, Bond University, Deakin University, University of New South Wales, University of South Australia and University of Adelaide.