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North Dakota is one of the unsung heroes of the Midwest states, especially when it comes to its economic resilience. The state has a long-standing record of low unemployment rates that are consistently under 5%. North Dakota’s unemployment rate is the lowest in the country at 3.2% as of December 2012, which is a powerful statistic in comparison to the national unemployment rate of 7.3% (U.S. Bureau of Labor Statistics). Local professionals are well-positioned for strong job prospects as demand for workers increases in North Dakota.

North Dakota’s boom is due in part to its growing petroleum and oil industry. As reported in this December 2012 article in The Wall Street Journal, North Dakota is experiencing significant expansion in infrastructure due to population growth. The appeal of high-paying jobs as a result of the booming energy business is expected to produce a 50% population growth in North Dakota over the next two decades. The state’s economy is so strong that government agencies are working diligently to avoid over-expansion. Yet, North Dakota continues to draw attention as an economic powerhouse: it ranks 5th overall on CNBC’s America’s Top States for Business 2012 and beat out 48 other states for the strong economy ranking.

Some local workers in the state’s oil business may want to take this opportunity to move into the management side of the industry. An MBA may be useful, or even required, for some positions, particularly for those transitioning from technical roles. For those interested in online MBA programs in North Dakota, the University of North Dakota is a public institution that offers a fully-accredited online MBA.

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University of North Dakota
Campus: Grand Forks, North Dakota
Type: Public
Accreditation: AACSB
Base Program Cost: $12,614
Per Credit Hour: $371
Minimum Credit Hours: 34
GMAT Required: Yes
Minimum Time Commitment: 24 months
Online Concentrations: Accounting, International Business
On Campus Requirements: No
School Site: Overview | Tuition | Financial Aid
Online MBA School Profile: University of North Dakota Online MBA Program

University of Mary
Campus: Bismarck, North Dakota
Type: Private, Faith Based
Accreditation: IACBE
Base Program Cost: $15,840
Per Credit Hour: $480
Minimum Credit Hours: 33
GMAT Required: No
Minimum Time Commitment: 15 months
Online Concentrations: Generalist/Electives, Executive, Accountancy, Energy Management, Healthcare, Human Resource Management, Management
On Campus Requirements: No
School Site: Overview | Tuition | Financial Aid
Online MBA School Profile: University of Mary Online MBA Program


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