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Internship Cost Engineer Jobs (NOW HIRING)

TRG

Vehicle Cost Engineer

Auburn Hills, MI · On-site

All Cost Engineer roles - common must-haves * 5+ years of relevant experience (design, manufacturing, tooling, cost engineering, or deep process/commodity expertise; relevant internships may be ...

Enterprise Products

Coordinator, Cost

Houston, TX · On-site

... internships in energy/construction a plus) * Project cost management in either engineering, procurement/fabrication, or construction efforts is preferred. * Large Oil and gas industry projects (over ...

Enterprise Products

Coordinator, Cost

Houston, TX · On-site

... internships in energy/construction a plus) * Project cost management in either engineering, procurement/fabrication, or construction efforts is preferred. * Large Oil and gas industry projects (over ...

Linamar

Cost Accountant

Fruitport, MI · On-site

$60K - $80K/yr

Internship or manufacturing exposure preferred Required Skills & Experience * Basic understanding ... engineering and innovative product development across diverse industries and markets. Our journey ...

FieldCore

Field Engineer Internship

$13.89/hr

... of engineering projects of varying scope and complexities. This internship is a full-time ... Learn the fundamentals of project management, scheduling, resource loading, and cost control to ...

FieldCore

Field Engineer Internship

$13.89/hr

... of engineering projects of varying scope and complexities. This internship is a full-time ... Learn the fundamentals of project management, scheduling, resource loading, and cost control to ...

Linamar

Cost Accountant

Fruitport, MI · On-site

$60K - $80K/yr

Internship or manufacturing exposure preferred Required Skills & Experience * Basic understanding ... engineering and innovative product development across diverse industries and markets. Our journey ...

Structural Technologies

Internship - Engineering

Columbia, MD · On-site

$16.50 - $21.50/hr

As a Project Engineer Intern, you will apply your knowledge and develop new skills while working on ... Job cost management * Scheduling * Production rate tracking * Client relations * Safety management

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Internship Cost Engineer information

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$45.5K

$97K

$139.5K

How much do internship cost engineer jobs pay per year?

As of Jul 24, 2026, the average yearly pay for internship cost engineer in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

What is the difference between Internship Cost Engineer vs Cost Engineer?

AspectInternship Cost EngineerCost Engineer
CredentialsTypically pursuing or recently completed relevant degreeProfessional certification often preferred (e.g., AACE certification)
Work EnvironmentEntry-level, supervised, learning-focusedFull responsibility for cost analysis and project budgeting
Industry UsageCommon in training programs and early career stagesEstablished role in construction, engineering, and manufacturing

The main difference is experience and responsibility. An Internship Cost Engineer is an entry-level position focused on learning and supporting cost management tasks, while a Cost Engineer is a more experienced professional responsible for detailed cost analysis, budgeting, and project cost control.

What cities are hiring for Internship Cost Engineer jobs? Cities with the most Internship Cost Engineer job openings:
What are the most commonly searched types of Cost Engineer jobs? The most popular types of Cost Engineer jobs are:
What states have the most Internship Cost Engineer jobs? States with the most job openings for Internship Cost Engineer jobs include:
Internship Cost Engineer jobs near you
Vehicle Cost Engineer

Vehicle Cost Engineer

TRG

Auburn Hills, MI • On-site

Full-time

Posted 29 days ago

Job description

We are looking for multiple Cost Engineers with a Design/Release or Product Development background to fill various roles with experience in one or more of the following Automotive Systems:
  • DRIVELINE - Axles, Transfer Case, Assembly, Casting, Machining, Forging, Halfshaft, Rear Drive Unit, Front Drive Unit
  • ELECTRO-MECHANICAL - Electric Pump, Engine Ignition
  • HIGH VOLTAGE ELECTRONICS - Electric Drive Module, Converter DC DC, Charger, Inverter
  • ENGINE - Casting, Engine Block, Oil Pan, Cylinder Head
  • INTERIOR SOFT TRIM/CARPET/NVH - Thermoforming, Compression, NVH, Carpet, Insulator
  • INTERIOR TRIM - HARD/SOFT - Headliner, Insulator, NVH
  • SEATING - Foaming process, Sewing and Trimming process, Seat Assembly, Injection Molding
  • SUNVISOR/GRAB HANDLE
  • FLOOR CONSOLE DOOR TRIM
  • BODY EXTERIOR - Plastic, Injection, Painting, Resin, Trims, Bumpers, Fascias
  • SEALING/GLAZING - Glazing, Sealing, Washing, Wiping
  • LIGHTING
  • SUSPENSION STAMPING
  • AIR INTAKE
  • SUSPENSION COMPONENTS
  • SUSPENSION CASTING/MOUNTS
  • SUSPENSION STAMPING
  • COMPRESSOR/HEAT PUMP

The Cost Engineer role develops detailed cost estimates for components and tooling using an activity-based costing approach. This role works directly with bills of material, drawings, and physical samples to understand how parts are made and to estimate the associated component, manufacturing, and investment costs.
In this position, you will use established methods and processes to analyze costs, provide guidance to internal teams, and support cost convergence activities. You will collaborate with global engineering, purchasing, finance, and supplier teams to ensure competitive and transparent cost structures from early concept through serial production.
RESPONSIBILITIES
  • Develop component cost estimates for new programs, including:
  • Early-phase cost engineering estimates
  • Detailed "should-cost" calculations using a bottom-up manufacturing approach
  • Provide idea generation and cost support during vehicle development to help achieve cost targets (Design-to-Cost)
  • Support purchasing during supplier negotiations by completing gap analyses of supplier cost breakdowns (Piece Price, ED&D, Tooling)
  • Contribute to benchmarking and value optimization activities, including serial life should-cost assessments
  • Collaborate closely with internal global team, Engineering, Buyers, and Suppliers
  • Provide global cost comparison analysis in partnership with the broader Cost Engineering community

REQUIREMENTS
  • Bachelors Degree in Engineering, or a related technical field
  • 5+ years of experience in the automotive industry or related technical field
  • Strong English verbal and written skills to support role job key deliverables
  • Ability to manage a high volume of parts and varying levels of complexity
  • Proficiency with Microsoft PowerPoint, Excel, and Word
  • Ability to work effectively across multiple levels of the organization, functions, and global regions
  • All Cost Engineer roles - common must-haves
  • 5+ years of relevant experience (design, manufacturing, tooling, cost engineering, or deep process/commodity expertise; relevant internships may be considered).
  • Strong technical understanding of parts and how they are manufactured (materials, processes, assembly flow).
  • Experience in at least one high-volume manufacturing environment; automotive strongly preferred.
  • Ability to work cross-functionally with Engineering and Purchasing, and to interpret drawings, specifications, and BOMs.
  • Comfort learning and using standardized cost models, formulas, and tools (prior formal costing experience is a plus, not mandatory).*

PREFERRED REQUIREMENTS
  • Familiarity with cost model structures and activity-based costing for component development
  • Experience in within one or multiple areas: Design Responsible Engineering, Manufacturing, Component Tool development, or Component Purchasing

WORK ENVIRONMENT
  • Full-time on site in Auburn Hills, MI
  • Standard day shift
  • Limited travel 5-10%

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