Updated on May 6, 2024
Edited by Evelyn Keener
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University Headquarters (HQ) is an industry-leading, independent educational organization that provides independent college rankings using a proprietary formula to create first class unbiased rankings. The team at University HQ strives to provide accurate and trustworthy rankings that highlights the best programs for finance in North Dakota.

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What is Finance?

North Dakota's financial sector encompasses a wide range of activities including banking, insurance, investment management, and financial planning. The state has a robust banking system, with both local community banks and larger national banks operating within its borders. Additionally, North Dakota is home to several insurance companies, providing coverage for individuals, businesses, and agricultural operations.

One of the striking aspects of ND's financial landscape is the presence of state-owned banks. Established in 1919, Bank of North Dakota serves as a development bank supporting various sectors in its economy such as agriculture, small businesses, and education - playing an integral part in driving economic growth and stability in North Dakota.

According to the US Bureau of Labor Statistics (BLS), the finance sector in North Dakota employed approximately 14,200 people as of May 2020. This includes a wide range of occupations such as financial analysts, bankers, loan officers, insurance underwriters, and financial managers. The finance sector has shown consistent growth over the years, contributing to the overall economic well-being of the state.

North Dakota's finance industry employment opportunities are projected to remain secure over the coming years as North Dakota's economy evolves and new technologies impact its financial landscape. Due to an aging workforce and new financial technologies affecting their landscape, experts in areas such as financial technology (fintech), risk management, and investment strategy will become increasingly sought after.

In conclusion, while North Dakota may be better known for its agricultural and energy sectors, its finance industry is a vital component of its economy. With a wide range of employment opportunities, pursuing a career in finance in North Dakota can be a rewarding choice. By obtaining the necessary education, gaining practical experience, and staying up to date with industry trends, you can position yourself for success in this thriving sector.

Students interested in completing finance degree programs will be able to find plenty of options all over the state. These options may include North Dakota State University, Minot State University, Dickinson State University, the University of North Dakota, and more.

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Top Ranked Campus & Online Finance Programs in North Dakota

  • Undergraduate Tuition
    • In-State: $8,634
    • Out-of-State: $8,634
  • Net Price: $12,360
  • Acceptance Rate: 93%
  • Retention Rate: 70%
  • Graduation Rate: 45%
  • Total Enrollment: 2,777
  • Undergrad Students: 2,530
  • Graduate Students: 247
  • Grads Salary: $67,000
  • Student-to-faculty: 10:1
  • Minot State University
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  • Undergraduate Tuition
    • In-State: $10,857
    • Out-of-State: $15,511
  • Net Price: $15,962
  • Acceptance Rate: 96%
  • Retention Rate: 75%
  • Graduation Rate: 63%
  • Total Enrollment: 12,242
  • Undergrad Students: 10,096
  • Graduate Students: 2,146
  • Grads Salary: $75,000
  • Student-to-faculty: 17:1
  • North Dakota State University
View All Their Popular Majors and Rankings

University of North Dakota

Score: 75.56

  • Undergraduate Tuition
    • In-State: $10,951
    • Out-of-State: $15,570
  • Net Price: $17,359
  • Acceptance Rate: 83%
  • Retention Rate: 79%
  • Graduation Rate: 63%
  • Total Enrollment: 13,876
  • Undergrad Students: 9,928
  • Graduate Students: 3,948
  • Grads Salary: $74,000
  • Student-to-faculty: 17:1
  • University of North Dakota
  • Undergraduate Tuition
    • In-State: $9,118
    • Out-of-State: $11,218
  • Net Price: $14,971
  • Acceptance Rate: 72%
  • Retention Rate: 57%
  • Graduation Rate: 44%
  • Total Enrollment: 1,473
  • Undergrad Students: 1,411
  • Graduate Students: 62
  • Grads Salary: $63,000
  • Student-to-faculty: 13:1
  • Dickinson State University
View All Their Popular Majors and Rankings

Rasmussen University-North Dakota

Score: 69.71

  • Undergraduate Tuition
    • In-State: $12,715
    • Out-of-State: $12,715
  • Net Price: $17,412
  • Acceptance Rate: 100%
  • Retention Rate: 100%
  • Graduation Rate: 55%
  • Total Enrollment: 496
  • Undergrad Students: 467
  • Graduate Students: 29
  • Grads Salary: $63,000
  • Student-to-faculty: 11:1
  • Rasmussen University-North Dakota

Online Finance Education in North Dakota

A finance professional is an individual who possesses the knowledge, skills, and expertise to analyze and understand financial markets and trends. They are responsible for managing financial resources, making investment decisions, and providing guidance on financial matters to individuals or organizations. A finance professional is not just a number cruncher, they are also strategic thinkers who can devise effective financial strategies that align with organizational goals.

Beyond analyzing the balance sheets and income statements, finance professionals possess the ability to mitigate risks and identify lucrative investment opportunities. Their skill set encompasses areas such as budgeting, forecasting, risk management, taxation policies, and cash flow analysis. Furthermore, they must keep up with ever-changing laws and regulations in order to ensure compliance in their work.

Being a finance professional requires exceptional communication skills, as well. They have to effectively convey complex financial information to both top executives and laypersons alike. Whether it's explaining the implications of a new tax law or crafting a persuasive argument for securing funding from stakeholders, these professionals must be clear communicators who can simplify intricate concepts into easily understandable terms.

Overall, being a finance professional demands a unique combination of technical expertise coupled with strategic thinking abilities. With their deep understanding of financial markets combined with their problem-solving skills and excellent communication abilities; these professionals play an invaluable role in driving business success through sound financial decision-making processes.

Online Associate Degree in Finance (AS)

An associate degree in finance is a steppingstone toward a successful career in the finance industry. While many people associate a bachelor's degree as the minimum requirement for entering the field, an associate degree offers unique benefits and opportunities. One advantage of pursuing an associate degree is that it can be completed in a shorter time frame compared to a bachelor's degree. This means that individuals can graduate sooner and start working in entry-level positions, gaining valuable experience while continuing their education. Additionally, the cost of obtaining an associate degree is often more affordable than pursuing a four-year program, making it an attractive option for those looking to enter the finance field without accruing excessive student loan debt.

Moreover, an associate degree in finance provides students with fundamental knowledge and skills necessary for success in financial roles, such as financial statement analysis and foundational finance courses. They learn about various aspects of finance such as financial management, investment analysis, and risk assessment – all crucial components of any finance-related job. This strong foundation enables graduates to perform effectively from day one and stand out among other candidates competing for entry-level finance positions. However, they will likely need to continue their education to gain advancement in the field.

Check Out UniversityHQ Online Associate Rankings in Finance

Online Bachelors Degree in Finance (BS or B.Fin)

A bachelor's degree in finance has become increasingly sought after in today's competitive job market. With the financial sector constantly evolving and expanding, companies are in need of professionals who not only possess a strong understanding of finance principles but also have the analytical skills to make well-informed decisions. Thankfully, a bachelor's degree in finance equips students with just that.

One of the key benefits of pursuing a bachelor's degree in finance is the wide range of career opportunities it opens. Finance graduates can find themselves working in various areas such as banking, investment management, financial management, or risk analysis. Additionally, they can work in many industries in a huge variety of roles. This versatility ensures that individuals with a finance degree are always marketable and have ample room for professional growth.

Furthermore, obtaining a bachelor's degree in finance not only provides individuals with technical skills but also hones their interpersonal and problem-solving abilities. The curriculum often includes courses that require critical thinking and effective communication to solve complex scenarios–skills that are highly valued across industries. Additionally, many programs offer internships or practical experiences where students can apply their knowledge in real-world settings further enhancing their skill set and employability.

Check Out UniversityHQ Online Bachelor Rankings in Finance

Online Masters Degree in Finance (MS or M.Fin)

A master's degree in finance can open doors to exciting career opportunities for individuals passionate about numbers and the intricacies of financial markets. It equips students with advanced knowledge and skills in areas such as investment analysis, risk management, corporate finance, international finance, and financial planning. This specialized degree goes beyond the undergraduate level, diving deeper into complex financial concepts and strategies.

One of the key benefits of pursuing a master's in finance is the opportunity to build a strong professional network. Many top finance programs attract highly motivated students from diverse backgrounds, creating a rich learning environment where ideas are shared, connections are made, and collaborations flourish. Networking events, industry conferences, and guest lectures by leading finance professionals offer valuable chances to interact with experts in the field and gain insights into real-world applications.

Furthermore, a master's degree in this field offers a competitive edge in today's job market. With the increasing demand for financial expertise across various industries and sectors, employers often prioritize candidates with advanced degrees. A specialized master's program provides graduates with an extensive skill set that is relevant to current market trends and helps them stand out among other job applicants. Additionally, some programs offer internship opportunities or co-op placements where students can gain practical experience while pursuing their degree – further enhancing their employability upon graduation.

Check Out UniversityHQ Online Master Rankings in Finance

Online PhD Degree in Finance (PhD)

A PhD in finance is the pinnacle of academic achievement for those seeking to become experts in the field. These advanced degree programs are designed to develop highly specialized skills and knowledge that can be applied in various sectors such as banking, consulting, and academia. While a master's degree in finance provides a solid foundation in financial theory and practice, a PhD takes it a step further by emphasizing research, analysis, and the development of new theories.

Obtaining a PhD in and field requires dedication, perseverance, and an unwavering commitment to intellectual inquiry. Students enrolled in this program typically spend several years conducting original research under the guidance of experienced faculty mentors. Through coursework, seminars, and independent study projects, they delve deep into subjects such as asset pricing models, risk management techniques, corporate finance strategies, and econometric methods. This rigorous training equips students with advanced quantitative skills that are critical for understanding complex financial phenomena and developing innovative solutions for real-world problems.

With their extensive knowledge base and analytical abilities honed during their doctoral studies, PhD graduates have excellent prospects for careers in both industry and academia. Many go on to work as investment bankers or financial analysts at top firms around the world. Others pursue academic positions where they can contribute to cutting-edge research while also shaping future generations of finance professionals. The career paths available to individuals with a PhD in finance are diverse, but all require deep expertise within this dynamic field—a trait that defines these top-level professionals who continue advancing the frontiers of finance through scholarly inquiry.

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Online Finance Certifications

Certifications in finance are becoming increasingly important in today's competitive job market. While a finance degree provides a solid foundation of knowledge, certifications add an extra layer of credibility and expertise to one's credentials. They demonstrate a commitment to professional development and prove that you have gone above and beyond the minimum requirements for your career.

One of the most well-known certifications in the field is the Chartered Financial Analyst (CFA) designation. The CFA program is highly regarded and covers a wide range of topics, such as portfolio management and ethics. It requires passing three levels of exams, which are known for their rigor and difficulty. Earning the CFA designation can open doors to lucrative job opportunities in fields like investment banking, asset management, and financial research.

Another certification worth considering is the Certified Financial Planner (CFP) designation. This certification focuses on personal financial planning and encompasses various areas such as retirement planning, tax planning, estate planning, and risk management. With growing demand for comprehensive financial advice from individuals seeking professional guidance with their finances, obtaining the CFP certification can set you apart in this niche market.

In conclusion, while obtaining a degree in finance is essential for building a strong foundation of knowledge in this field, pursuing additional certifications can boost your credibility and enhance your career prospects.

Become a Finance Professional in North Dakota

If you have a passion for numbers, a sharp eye for detail, and an interest in managing money, a career in finance may be the perfect fit for you. North Dakota, with its thriving economy, offers ample opportunities for individuals looking to become finance professionals. If you're ready to embark on this exciting career path, here are the steps you need to follow.

  • Step 1: Earn a Bachelor's Degree

    To become finance professional in any state, the first step is pursuing a bachelor's degree in finance or related field. Many universities across North Dakota provide programs specifically devoted to finance that provide you with essential knowledge and abilities needed.

  • Step 2: Gain Relevant Work Experience

    When studying finance, gaining relevant work experience is of utmost importance. You may seek internships or part-time jobs at financial institutions, investment firms or accounting firms; this hands-on experience will not only add depth and breadth to your resume but will also deepen your understanding of the industry as a whole.

  • Step 3: Obtain Professional Certifications

    To make yourself more appealing in a highly-competitive finance job market, you might want to consider earning professional credentials such as Certified Financial Planner (CFP), Chartered Financial Analyst (CFA), or Certified Public Accountant (CPA). Such certifications demonstrate your expertise and dedication to your profession.

  • Step 4: Network

    Networking is essential to career success in finance. You can attend networking events, join industry associations, and connect with professionals in your field; building these connections will lead to valuable opportunities and insight into North Dakota's finance industry.

What Can I Do with a Bachelor's in Finance?

A bachelor’s degree in finance opens a plethora of career opportunities for graduates. With strong analytical and financial skills, you can pursue various roles in the finance industry. Many graduates start their careers as financial analysts, where they analyze market trends, forecast financial outcomes, and provide investment recommendations to clients. This role requires attention to detail, critical thinking abilities, and strong knowledge of financial principles.

Another popular career option is becoming a personal financial advisor. In this role, you would work with individual clients to develop personalized financial plans based on their goals and circumstances. You would help them make informed decisions about investments, retirement planning, insurance coverage, and more. This career path allows you to have direct impact on people's lives by helping them achieve financial well-being.

In addition to these traditional roles, a bachelor's degree in finance also prepares you for jobs in corporate finance departments or government agencies. Corporations need finance professionals who can manage budgets, analyze profitability ratios, and conduct risk assessments for strategic decision-making. Government agencies require finance experts who can assess economic policies and create budgets that align with national objectives.

Overall, earning a bachelor's degree in finance equips you with the necessary skills and knowledge to excel in various roles within the finance industry. Whether your interests lie in investment analysis, personal wealth management, or even working for large corporations or government entities - the possibilities are vast! So explore different paths within finance that align with your strengths and interests; it’s all about finding the right fit for your unique skill set.

Potential Careers for Finance Graduates

  • Credit Analyst:

    A credit analyst is responsible for evaluating and assessing the creditworthiness of individuals or businesses applying for loans or credit. They analyze financial data, conduct risk assessments, and make informed decisions regarding credit approvals. They also play a crucial role in monitoring and managing the credit portfolio to ensure compliance with internal policies and regulations.

    Necessary Requirements:

    • Bachelor's degree in finance, accounting, or a related field (Master's degree preferred)
    • Proven experience as a credit analyst or a similar role in a financial institution

    Estimated Salary

    • The mean annual wage for credit analysts in the US in 2021 was $92,180
    • The mean annual wage for credit analysts in North Dakota is $78,410
  • Investment Analyst:

    An investment analyst is accountable for conducting in-depth financial analyses, market research, and due diligence to assess potential investment opportunities available to their company. They assist with creating investment strategies and provide recommendations based on their analysis to senior management.

    Necessary Requirements:

    • Bachelor's degree in finance, economics, or a related field
    • Strong analytical skills with a deep understanding of financial concepts and investment principles
    • Proficiency in financial modeling and valuation techniques

    Estimated Salary

    • The mean annual wage for financial and investment analysts in the US in 2021 was $108,790
    • The mean annual wage for financial and investment analysts in North Dakota is $78,290
  • Insurance Agent:

    Insurance agents play a pivotal role in providing clients with appropriate policies to meet their unique needs, acting as liaison between insurance companies and clients to provide advice, guidance, and assistance in purchasing coverage that best meets those requirements. They must have exceptional communication and sales skills so as to effectively educate clients about different options before helping them make informed decisions.

    Necessary Requirements:

    • Proven experience as an insurance agent or in a related field
    • Valid state-specific insurance license(s)
    • Strong sales and negotiation skills
    • Excellent interpersonal and communication abilities
    • Familiarity with various types of insurance policies and coverage options

    Estimated Salary

    • The median annual wage for insurance sales agents in the US in 2021 was $49,840
    • The mean annual wage for insurance sales agents in North Dakota is $88,220
  • Credit Counselor:

    A credit counselor is responsible for assisting individuals or businesses in managing their finances and improving their credit scores. They provide guidance and advice on budgeting, debt management, credit repair, and financial planning.

    Necessary Requirements:

    • Bachelor's degree in finance, economics, or a related field
    • Previous experience in credit counseling or financial advising is highly preferred
    • Strong knowledge of personal finance principles, credit scoring systems, and debt management strategies
    • Excellent communication skills to effectively explain complex financial concepts to clients
    • Ability to work empathetically with individuals facing financial

    Estimated Salary

    • The mean annual wage for credit counselors in the US in 2021 was $51,650
    • The mean annual wage for credit counselors in North Dakota is $48,310
  • Tax Examiners, Collectors, and Revenue Agents:

    Tax examiners, collectors, and revenue agents are responsible for upholding compliance with tax laws and regulations. They review tax returns, conduct audits, and collect taxes owed to the government. These professionals play an essential part in safeguarding government organizations by accurately assessing taxes and enforcing collection processes.

    Necessary Requirements:

    • Bachelor's degree in accounting, finance, or a related field
    • Strong understanding of tax laws, regulations, and procedures
    • Excellent analytical skills

    Estimated Salary

    • The median annual wage for tax examiners and collectors, and revenue agents in the US in 2021 was $56,780
    • The mean annual wage for tax examiners and collectors, and revenue agents in North Dakota is $63,060
  • Financial Planner:

    A financial planner is responsible for helping individuals and organizations create, manage, and achieve their financial goals. They provide expert advice on investments, budgeting, retirement planning, tax strategies, insurance, and estate planning.

    Necessary Requirements:

    • Bachelor's degree in finance, accounting, economics, or a related field (Master's degree preferred)
    • Certified Financial Planner (CFP) designation or other relevant certifications
    • Proven experience in financial planning or wealth management
    • Strong knowledge of investment products, tax laws, insurance options, and retirement planning strategies
    • Excellent analytical and problem-solving skills
    • Exceptional communication and interpersonal skills to effectively interact with clients

    Estimated Salary

    • The median annual wage for personal financial advisors in the US in 2021 was $94,170
    • The mean annual wage for personal financial advisors in North Dakota is $104,440
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