Finance and Financial Management Services at Rasmussen University-North Dakota
Bachelor's Degree
rasmussen.eduAnalysis
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
| School | 1 Year | 4 Years | Growth |
|---|---|---|---|
| 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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| School | In-State Tuition | Earnings (1yr) | Earnings (4yr) | Median Debt | Debt/Earnings |
|---|---|---|---|---|---|
| $12,715 | $47,744 | $63,775 | $31,000 | 0.65 | |
| $10,857 | $53,163 | $62,889 | $25,542 | 0.48 | |
| $10,951 | $49,785 | $56,582 | $24,093 | 0.48 | |
| National Median | — | $53,590 | — | $23,332 | 0.44 |
Career Paths
Occupations commonly associated with finance and financial management services graduates
Financial Managers
Treasurers and Controllers
Investment Fund Managers
Chief Executives
Chief Sustainability Officers
General and Operations Managers
Personal Financial Advisors
Financial and Investment Analysts
Financial Risk Specialists
Budget Analysts
Business Teachers, Postsecondary
Insurance Underwriters
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.