Business Administration, Management and Operations at Rasmussen University-North Dakota
Bachelor's Degree
Analysis
Rasmussen's business administration program lands graduates at nearly $60,000 in their first year—well above the national median of $45,700 and beating 95% of similar programs nationwide. But in North Dakota's business education landscape, that performance looks less exceptional. The program sits at the 60th percentile statewide, trailing schools like University of Mary by just slightly, while carrying $37,315 in median debt—roughly $11,000 more than the state median for business programs.
The earnings picture raises questions: instead of growing, graduate salaries dip to $56,566 by year four. With nearly half of students receiving Pell grants, that $37,000 debt load represents a substantial burden even with solid starting salaries. The debt-to-earnings ratio of 0.63 is manageable but not comfortable, especially given the backward earnings trajectory.
For North Dakota families, this comes down to tuition costs. If you're paying close to public university rates, programs like University of Mary or UND offer similar or better outcomes with comparable debt. But if Rasmussen's flexible scheduling or accelerated format fits your child's situation, those first-year earnings do provide a reasonable foundation for debt repayment—just don't expect significant salary growth in those crucial early career years.
Where Rasmussen University-North Dakota Stands
Earnings vs. debt across all business administration, management and operations bachelors's programs nationally
Programs in the upper-left quadrant (high earnings, low debt) offer the best value. Programs in the lower-right quadrant warrant careful consideration.
Earnings Distribution
How Rasmussen University-North Dakota graduates compare to all programs nationally
Rasmussen University-North Dakota graduates earn $60k, placing them in the 95th percentile of all business administration, management and operations bachelors programs nationally.
Earnings Over Time
How earnings evolve from 1 year to 4 years after graduation
Earnings trajectories vary significantly. Some programs show strong early returns that plateau; others start lower but accelerate. Consider where you want to be at year 4, not just year 1.
Compare to Similar Programs in North Dakota
Business Administration, Management and Operations bachelors's programs at peer institutions in North Dakota (14 total in state)
| School | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|
| Rasmussen University-North Dakota | $59,693 | $56,566 | $37,315 | 0.63 |
| Bismarck State College | $100,668 | $123,359 | $15,452 | 0.15 |
| University of Mary | $57,057 | $62,591 | $27,654 | 0.48 |
| University of North Dakota | $53,776 | $53,606 | $23,000 | 0.43 |
| Dickinson State University | $50,830 | $50,499 | $27,197 | 0.54 |
| North Dakota State University-Main Campus | $48,105 | $56,473 | $23,250 | 0.48 |
| National Median | $45,703 | — | $26,000 | 0.57 |
Other Business Administration, Management and Operations Programs in North Dakota
Compare tuition, earnings, and debt across North Dakota schools
| School | In-State Tuition | Earnings (1yr) | Debt |
|---|---|---|---|
| Bismarck State College Bismarck | $5,195 | $100,668 | $15,452 |
| University of Mary Bismarck | $21,468 | $57,057 | $27,654 |
| University of North Dakota Grand Forks | $10,951 | $53,776 | $23,000 |
| Dickinson State University Dickinson | $9,118 | $50,830 | $27,197 |
| North Dakota State University-Main Campus Fargo | $10,857 | $48,105 | $23,250 |
About This Data
Source: U.S. Department of Education College Scorecard (October 2025 release)
Population: Graduates who received federal financial aid (Title IV grants or loans). At Rasmussen University-North Dakota, approximately 46% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.
Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.
Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.
Sample Size: Based on 313 graduates with reported earnings and 355 graduates with debt data. Small samples may not be representative.