NAICS 611430 Quarterly Industry Report
Professional and Management Development Training
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 611430Sector: Educational Services (61)Updated: Q1 2026
About This Report
This industry profile for Professional and Management Development Training (NAICS 611430) draws on data from the U.S. Census Bureau[7], Bureau of Labor Statistics[8], OSHA training standards[9], and SBA size standards database[6]. Published by Fair Market Value and updated quarterly, it provides valuation professionals, corporate training analysts, and business appraisers with current market data. The editorial analysis reflects the independent assessment of FairMarketValue.com's research team, with all quantitative claims sourced to publicly verifiable databases.
Industry Snapshot
Key metrics for the professional and management development training industry.
Industry Definition & Overview
Professional and Management Development Training (NAICS 611430) encompasses establishments primarily engaged in offering an array of short duration courses and seminars for management and professional development per the U.S. Census Bureau[5]. Training may include classroom instruction, distance learning, simulation exercises, and on-site corporate delivery. These establishments do not grant degrees, distinguishing them from colleges and universities that offer MBA and executive education programs.
Census data shows 7,106 businesses operating from 7,368 locations, employing roughly 52,000 workers across the country. The global corporate training market reached approximately $413 billion in 2024, with the U.S. professional development segment projected to grow by $5.6 billion through 2029 at a 6.9 percent compound annual rate. Dale Carnegie Training, LinkedIn Learning, and Coursera rank among the largest providers, with Dale Carnegie's programs serving 400 of the Fortune 500 companies and training roughly 8 million people annually.
Per the SBA Table of Size Standards[6], the size standard is $13 million in average annual receipts. Digital delivery platforms now serve 72 percent of enterprises for leadership training, up from 49 percent in 2020. AI-powered personalization tools saw a 37 percent increase in adoption since 2023, allowing providers to customize curriculum pathways based on individual learner assessments. Soft skills development remains a top priority, with 68 percent of HR professionals identifying interpersonal and communication skills as the most important training investment for their organizations.
What's Included in This Industry
- Executive leadership and management development seminars
- Corporate training program design and delivery
- Professional certification preparation courses
- Sales training and customer relationship management programs
- Team building and organizational development workshops
- OSHA safety and compliance training for managers
- Project management and process improvement instruction
- Diversity, equity, and inclusion training programs
- Communication and presentation skills development
- Online and distance learning management courses
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Educational Services | 61 |
| Subsector | Educational Services | 611 |
| Industry Group | Business Schools and Computer and Management Training | 6114 |
| NAICS Industry | Professional and Management Development Training | 61143 |
| National Industry | Professional and Management Development Training | 611430 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 611410 | Business and Secretarial Schools | Business and Secretarial Schools offer certificate-level administrative training that overlaps with entry-level business skills courses, though management development programs target mid-career and senior professionals |
| 611420 | Computer Training | Computer Training providers overlap in corporate IT skills development, with many management training firms adding technology leadership modules to their executive education curricula |
| 611310 | Colleges, Universities, and Professional Schools | Colleges, Universities, and Professional Schools offer competing MBA and executive education programs that grant degrees, drawing corporate clients who value academic credentials alongside practical management skill development |
| 611210 | Junior Colleges | Junior Colleges provide workforce development courses that partially overlap with entry-level management training, particularly in supervisory skills and small business operations programs |
| 541611 | Administrative Management and General Management Consulting Services | Administrative Management and General Management Consulting Services deliver customized management advisory work that complements and sometimes competes with structured management training program delivery |
| 611710 | Educational Support Services | Educational Support Services provide curriculum design, assessment tools, and instructional technology platforms that management development training firms contract for content creation and delivery infrastructure |
Geographic Concentration
Top states by share of national establishments.
| # | State | % Est. | Total Est. |
|---|---|---|---|
| 1 | California | 13.9% | 1,097 |
| 2 | Florida | 8.2% | 649 |
| 3 | Texas | 7.7% | 606 |
| 4 | New York | 5.7% | 451 |
| 5 | Colorado | 5.3% | 419 |
| 6 | Illinois | 4.3% | 337 |
| 7 | North Carolina | 3.5% | 275 |
| 8 | Georgia | 3.3% | 261 |
| 9 | Pennsylvania | 3.1% | 243 |
| 10 | Massachusetts | 3.0% | 234 |
% Of Establishments
0%
14%
Source: County Business Patterns, U.S. Census Bureau[3]
SBA Lending Summary
616
Total SBA Loans
$259.0M
Total Loan Volume
$420K
Average Loan Size
10 yrs
Average Loan Term
11.00%
Average Interest Rate
5,984
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: Per the SBA Table of Size Standards[6], Professional and Management Development Training (NAICS 611430) has a size standard of $13 million in average annual receipts for federal contracting purposes. SBA lending programs[10] support curriculum development, technology platform investment, and facility expansion for qualifying training providers. Eligible businesses can access SBA 7(a) loans[11] for working capital, equipment, and acquisition financing, while 504 loans[12] support major fixed-asset purchases including real estate and heavy machinery.
Top SBA Lenders
| # | Lender | Loans | Volume | Avg Loan |
|---|---|---|---|---|
| 1 | First Internet Bank of Indiana | 8 | $33.1M | $4.1M |
| 2 | Bank of Commerce | 16 | $28.4M | $1.8M |
| 3 | Newtek Bank, National Association | 24 | $24.4M | $1.0M |
| 4 | Truliant FCU | 8 | $21.5M | $2.7M |
| 5 | First Horizon Bank | 8 | $20.8M | $2.6M |
Frequently Asked Questions
Common questions about this industry.
What is the NAICS code for corporate training and management development?
NAICS 611430 covers short-duration courses and seminars for management and professional development, including leadership training, corporate workshops, and certification prep per the U.S. Census Bureau[5].
How many management training firms operate in the U.S.?
The 2020 Census[7] counted 7,106 businesses operating from 7,368 locations, employing roughly 52,000 workers in professional and management development training.
What is the SBA size standard for management training?
The SBA size standard[6] is $13 million in average annual receipts, determining eligibility for federal small business contracting programs and SBA lending products.
How large is the corporate training market?
The global corporate training market reached approximately $413 billion in 2024, with the U.S. professional development segment projected to grow by $5.6 billion through 2029 per market research data.
What percentage of companies use online training platforms?
Digital delivery platforms now serve 72 percent of enterprises for leadership training per Bureau of Labor Statistics[8] industry reports, up from 49 percent in 2020, reflecting the permanent shift toward remote and hybrid delivery models.
Who are the largest management training providers?
Dale Carnegie Training, LinkedIn Learning, and Coursera rank among the largest providers, with Dale Carnegie serving 400 of the Fortune 500 companies and training roughly 8 million people annually worldwide.
What skills are most in demand for corporate training?
Soft skills development remains a top priority, with 68 percent of HR professionals identifying interpersonal and communication skills as the most important training investment per industry survey data.
Does OSHA regulate management training providers?
OSHA regulates safety-related training through its Authorized Training Provider program per OSHA training standards[9], requiring providers to maintain a legally registered business for at least two years and employ training directors who pass background checks.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Census Bureau, Economic Census census.gov
- [3]U.S. Census Bureau, County Business Patterns census.gov
- [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
- [5]U.S. Census Bureau census.gov
- [6]SBA Table of Size Standards sba.gov
- [7]U.S. Census Bureau data.census.gov
- [8]Bureau of Labor Statistics bls.gov
- [9]OSHA training standards osha.gov
- [10]SBA lending programs sba.gov
- [11]SBA 7(a) loans sba.gov
- [12]504 loans sba.gov
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