Median Earnings (1yr)
$47,744
21st percentile
40th percentile in North Dakota
Median Debt
$31,000
33% above national median

Analysis

Rasmussen's finance program sits in the middle of the pack in North Dakota but trails the national field, with graduates earning about $6,000 less than the typical finance major nationwide in their first year. Within the state's limited options, it ranks right at the median—40th percentile—placing it behind both North Dakota State ($53,163) and UND ($49,785). That said, the debt load here is notably lighter than competitors, with graduates owing about $31,000 compared to the state median of $25,542 and national median of $23,332.

The 34% earnings jump from year one to year four suggests graduates gain traction as they establish themselves, reaching nearly $64,000 by mid-career. This growth trajectory helps offset the modest starting salary. The debt-to-earnings ratio of 0.65 is manageable—you're looking at debt equal to about eight months of first-year salary, which isn't alarming for a bachelor's degree. The school serves a significant number of Pell Grant recipients (46%), indicating accessibility for students from lower-income backgrounds.

For families prioritizing affordability and geographic convenience in North Dakota, this program offers a workable path into finance with reasonable debt. However, if your child can gain admission to NDSU or UND, those options provide stronger earning potential right out of the gate. The tradeoff here is accessibility versus immediate earning power.

Where Rasmussen University-North Dakota Stands

Earnings vs. debt across all finance and financial management services bachelors's programs nationally

Earnings Distribution

How Rasmussen University-North Dakota graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
Rasmussen University-North Dakota$47,744$63,775+34%
University of Pennsylvania$122,698$206,646+68%
Washington University in St Louis$102,814$152,625+48%
North Dakota State University-Main Campus$53,163$62,889+18%
University of North Dakota$49,785$56,582+14%

Compare to Similar Programs in North Dakota

Finance and Financial Management Services bachelors's programs at peer institutions in North Dakota (7 total in state)

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SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
Rasmussen University-North DakotaFargo$12,715$47,744$63,775$31,0000.65
North Dakota State University-Main CampusFargo$10,857$53,163$62,889$25,5420.48
University of North DakotaGrand Forks$10,951$49,785$56,582$24,0930.48
National Median$53,590$23,3320.44

Career Paths

Occupations commonly associated with finance and financial management services graduates

Financial Managers

Plan, direct, or coordinate accounting, investing, banking, insurance, securities, and other financial activities of a branch, office, or department of an establishment.

$161,700/yrJobs growth:Bachelor's degree

Treasurers and Controllers

Direct financial activities, such as planning, procurement, and investments for all or part of an organization.

$161,700/yrJobs growth:Bachelor's degree

Investment Fund Managers

Plan, direct, or coordinate investment strategy or operations for a large pool of liquid assets supplied by institutional investors or individual investors.

$161,700/yrJobs growth:Bachelor's degree

Chief Executives

Determine and formulate policies and provide overall direction of companies or private and public sector organizations within guidelines set up by a board of directors or similar governing body. Plan, direct, or coordinate operational activities at the highest level of management with the help of subordinate executives and staff managers.

$105,350/yrJobs growth:Bachelor's degree

Chief Sustainability Officers

Communicate and coordinate with management, shareholders, customers, and employees to address sustainability issues. Enact or oversee a corporate sustainability strategy.

$105,350/yrJobs growth:Bachelor's degree

General and Operations Managers

Plan, direct, or coordinate the operations of public or private sector organizations, overseeing multiple departments or locations. Duties and responsibilities include formulating policies, managing daily operations, and planning the use of materials and human resources, but are too diverse and general in nature to be classified in any one functional area of management or administration, such as personnel, purchasing, or administrative services. Usually manage through subordinate supervisors. Excludes First-Line Supervisors.

$105,350/yrJobs growth:Bachelor's degree

Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

$102,140/yrJobs growth:Bachelor's degree

Financial and Investment Analysts

Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

$101,910/yrJobs growth:Bachelor's degree

Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

$101,910/yrJobs growth:Bachelor's degree

Budget Analysts

Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports.

$87,930/yrJobs growth:Bachelor's degree

Business Teachers, Postsecondary

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Insurance Underwriters

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

$79,880/yrJobs growth:Bachelor's degree
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 39 graduates with reported earnings and 45 graduates with debt data. Small samples may not be representative.