USA Career Guide- Training and Development Managers
Education needed to be Training and Development Managers
To become a bachelor’s Training and Development Managers a bachelor’s degree is sufficient for many positions; some jobs for training and development managers require a master’s degree. Managers can come from a variety of educational backgrounds but often have a bachelor’s degree in human resources, business administration, or a related field.
Training and development managers also may benefit from studying instructional design, behavioral psychology, or educational psychology. In addition, as technology continues to play a larger role in training and development, a growing number of organizations seek candidates who have a background in information technology.
Certification
Many employers prefer to hire certified candidates, and some positions may require certification. The American Society for Training and Development and International Society for Performance Improvement offer certification programs in the training and development field.
Pay of Training and Development Managers
The median annual wage of training and development managers was $89,170 in May 2010. The lowest 10 percent earned less than $50,470, and the top 10 percent earned more than $148,950.
Job Prospects of Training and Development Managers
Employment of training and development managers is expected to grow 15 percent from 2010 to 2020, about as fast as the average for all occupations.(Source: U.S. Bureau of Labor Statistics, Employment Projections program)
Across most industries, employment of training and development managers is expected to grow as companies develop and introduce new media and technology into their training programs. Job prospects will vary by organization, but opportunities for training and development managers should be best in the management, scientific, and technical consulting services industry. Training and development contracting firms are often better equipped with the technology and technical expertise to produce new training initiatives, so some organizations will likely contract out portions of their training or program development work to these companies.
Those who have a master’s degree, certification, or work experience in training and development, another human resource field, management, or teaching should have the best job prospects.
Industrial Overview of Training and Development Managers
Training and development managers held about 29,800 jobs in 2010 and are employed throughout the economy.
In 2010, the industries employing the largest numbers of training and development managers were as follows:
Management of companies and enterprises 15%
Finance and insurance 15
Professional, scientific, and technical services 10
Health care and social assistance 9
Administrative and support services 9
Source:Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2012-13 Edition
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