Those working in quality control generally work with other departments to ensure that quality, production numbers, and cost measures are all working together cohesively. With education and experience in the finance field, quality assurance managers would be able to target and ensure that their quality procedures are also working to increase quality, production, and not costs.
Employment Outlook
The finance and quality control field is experiencing a light decline. The United States Bureau of Labor Statistics expects the industrial production management career field to see about an 8 percent decline in job growth between now and 2018. This decline is due to a few critical factors. One of these factors is the recent recession that has deeply impacted the economy and many manufacturing companies where quality control departments are so critical. Another factor is that many industrial and manufacturing jobs are being outsourced to countries like China. Those with college degrees that emphasize areas like computers and finance will be in a better position to get the jobs that will open up in the quality control field.
Salaries Available in Finance and Quality Control
Management positions in the finance and quality control field offer strong salaries. According the Occupational Outlook Handbook, median salaries for industrial production managers in the quality control field were from $64,000 to $108,000 annually in 2008. The lowest ten percent made under $50,000 annually. The highest ten percent made over $140,000 annually. The highest paying industries were in the control instrumentation and pharmaceutical fields that both paid average salaries over $96,000 annually.
Great Degree Programs Available in Finance and Quality Control
This is a very challenging and competitive career field. Graduates with a college degree in finance and quality control will be best positioned to get the jobs available in this field. Colleges currently have great degrees in finance and quality control including a bachelor's degree (4 years) and master's degree (2 years beyond bachelor's degree).
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