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Wind, water, sun, oil, natural gas, coal, biofuels-no matter where it comes from, energy is a vital part of human society.

College of Business

Energy Economics & Finance

Graduates of our energy economics and finance program are prepared to aid in valuation and investment decision making within the energy industry.

» Course Catalog

Unique to region
Our program - linking economic and financial analysis processes and practices with energy related issues - is one of a kind in the United States. As added value, North Dakota is the center of the Bakken energy region.

Our graduates work throughout the energy industry as:

  • Business analysts
  • Energy loan specialists
  • Corporate planners
  • Financial analysts
  • Project analysts
  • Energy economists
  • Product pricing analysts

Employment outlook
According to the Bureau of Labor Statistics, financial analyst positions are expected to grow much faster than the average for all professions. At today's estimates, the oil and gas industry will need personnel for decades to come. And wind power is the fastest growing sector in renewable energy, employing thousands. (Sources:;; U.S. Department of Labor).

Is this major right for you?
Top candidates for careers in energy economics and finance will have relevant skills and qualifications; be motivated and adaptable; have good communication and IT skills; and be ready to become part of a team.

As an energy economics and finance student you will study geological sciences, economics and finance. You also will have the opportunity to specialize by taking additional courses in geology, management information systems, computer science, international business, entrepreneurship and finance. You'll learn the historical practice and theory of energy markets and industry specific approaches to:

  • Economic valuations, strategies, and finance of energy projects
  • Assigning value to oil fields, pipelines, wind farms and ethanol/biodiesel plants
  • Links between energy projects and financial markets
  • Using value-at-risk methods to manage risk
  • Evaluating alternative energy sources to meet users' needs

College of Business
The College of Business is committed to active learning and preparing students for careers in business. Our facilities include the Slaaten Learning Center, which features a:

  • Financial trading lab with stock ticker board
  • Corporate-style board room with video-conferencing equipment
  • Student study area furnished with computers, flat-screen TVs, café tables and comfortable seating
  • Meeting room for student organizations and other student groups

Department of Accounting and Finance
Our department is dedicated to delivering students the best possible education and the personal attention they need to succeed. To learn more, contact us, or better yet, schedule a campus visit so we can meet face-to-face and show you around.

» Course Descriptions

Contact Information

Jay Wahulnd, CPA
Assistant Professor
Chair, Department of Accounting and Finance
701-858-3207 or 1-800-777-0750 ext. 3207