Industry Description
This industry comprises establishments primarily engaged in furnishing academic courses and granting degrees at baccalaureate or graduate levels. The requirement for admission is at least a high school diploma or equivalent general academic training. Instruction may be provided in diverse settings, such as the establishment's or client's training facilities, educational institutions, the workplace, or the home, and through diverse means, such as correspondence, television, the Internet, or other electronic and distance-learning methods. The training provided by these establishments may include the use of simulators and simulation methods.
Illustrative Examples:
Colleges (except junior colleges)
Theological seminaries offering baccalaureate or graduate degrees
Military academies, college level
Universities
Professional schools (e.g., business administration, dental, law, medical)
Cross-References.
Business Examples
Common types of business activities within NAICS 611310 - Colleges, Universities, and Professional Schools are:
- Academies, military service (college)
- Schools, correspondence, college level
- Conservatories of music (colleges or universities)
- Military academies, college level
- Law schools
- Theological seminaries offering baccalaureate or graduate degrees
- Academies, college or university
- Schools, music (colleges or universities)
- Dental schools
- Business colleges or schools offering baccalaureate or graduate degrees
- Colleges (except junior colleges)
- Parochial schools, college level
- Medical schools
- Military service academies (college)
- Universities
- Hospitality management schools offering baccalaureate or graduate degrees
- Professional schools (e.g., business administration, dental, law, medical)
- Private colleges (except community or junior college)
- Schools, professional (colleges or universities)
- Colleges, universities, and professional schools
- Hospital management schools offering baccalaureate or graduate degrees
- Seminaries, theological, offering baccalaureate or graduate degrees
- Schools, medical
IBISWorld Industry Research Report
Colleges & Universities in the US (61131a)
Revenue 2025
$591.1bn
Growth 2025
0.70%
Key Trends
Operators have been able to maintain steady profit since they often rely on state funding and donations
Falling demand for undergraduate courses has outweighed an increase in demand for graduate certificates
The number of international students will likely recover, bolstering industry revenue
Products and Services
Similar Industries
For some business types, there may be a similar industry to 611310 - Colleges, Universities, and Professional Schools that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Establishments primarily engaged in furnishing academic, or academic and technical, courses and granting associate degrees, certificates, or diplomas below the baccalaureate level are classified in Industry 611210, Junior Colleges.
IBISWorld industry research report
NAICS Hierarchy 611310 - Colleges, Universities, and Professional Schools
NAICS Code 611310 - Colleges, Universities, and Professional Schools sits in the 2-digit Colleges, Universities, and Professional Schools sector. NAICS codes can be 2- to 6-digits and the further along the hierarchy, the more detailed and specific the category will be. Learn more about the structure of NAICS codes
2 Digits: 61
Sector Title: Educational Services
3 Digits 4 Digits 5 Digits 6 Digits
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6111 Elementary and Secondary Schools
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61111 Elementary and Secondary Schools
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6112 Junior Colleges
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61121 Junior Colleges
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6113 Colleges, Universities, and Professional Schools
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61131 Colleges, Universities, and Professional Schools
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6114 Business Schools and Computer and Management Training
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61141 Business and Secretarial Schools
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61142 Computer Training
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61143 Professional and Management Development Training
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6115 Technical and Trade Schools
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61151 Technical and Trade Schools
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6116 Other Schools and Instruction
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61161 Fine Arts Schools
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61162 Sports and Recreation Instruction
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61163 Language Schools
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61169 All Other Schools and Instruction
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6117 Educational Support Services
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61171 Educational Support Services
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Similar Industries Niche and Emerging
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