Industry Description
This industry comprises establishments primarily engaged in offering an array of short duration courses and seminars for management and professional development. Training for career development may be provided directly to individuals or through employers' training programs, and courses may be customized or modified to meet the special needs of customers. 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.
Cross-References. Establishments primarily engaged in--
Business Examples
Common types of business activities within NAICS 611430 - Professional and Management Development Training are:
- Management development training
- Quality assurance training
- Continuing education seminars or conferences
- Professional development training
IBISWorld Industry Research Report
Business Coaching in the US (61143)
Revenue 2025
$20bn
Growth 2025
0.40%
Key Trends
Rising demand, low barriers to entry and the proliferation of virtual coaching tools have spurred new entrants into the industry
Increased per capita disposable income boosted demand from individuals
Current inflationary pressures will cause companies to reduce spending on discretionary services
Products and Services
Similar Industries
For some business types, there may be a similar industry to 611430 - Professional and Management Development Training that is a better classification match. Establishments primarily engaged in:
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NAICS Cross Reference
Advising clients on human resource and training issues without providing the training--are classified in U.S. Industry 541612, Human Resources Consulting Services; and
IBISWorld industry research report
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NAICS Cross Reference
Offering academic degrees (e.g., baccalaureate, graduate level)--are classified in Industry 611310, Colleges, Universities, and Professional Schools.
IBISWorld industry research report
NAICS Hierarchy 611430 - Professional and Management Development Training
NAICS Code 611430 - Professional and Management Development Training sits in the 2-digit Professional and Management Development Training 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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NAICS Resources
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