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Home › Industry Metrics › NAICS 6113

NAICS 6113 - Colleges, Universities, and Professional Schools

NAICS 6113 - COLLEGES, UNIVERSITIES, AND PROFESSIONAL SCHOOLS
NAICS 6111 Elementary and Secondary Schools NAICS 6112 Junior Colleges NAICS 6113 Colleges, Universities, and Professional Schools NAICS 6114 Business Schools and Computer and Management Training NAICS 6115 Technical and Trade Schools NAICS 6116 Other Schools and Instruction NAICS 6117 Educational Support Services
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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 correspondence, television, Internet, or other means.

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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 correspondence, television, Internet, or other means.

Explore the industry hierarchy

Drill down to explore more specific industries.

NAICS 61 Educational Services
NAICS 611 Educational Services
NAICS 6113 Colleges, Universities, and Professional Schools
NAICS 61131 Colleges, Universities, and Professional Schools
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Industry trends

One of the latest qualitative trends in the Colleges, Universities, and Professional Schools sector (NAICS 6113) is the increasing adoption of technology in education. This includes the use of artificial intelligence (AI) to personalize learning experiences, augmented and virtual reality (AR/VR) for immersive learning, and advanced data analytics to enhance student outcomes and institutional efficiency. The shift toward hybrid and online learning models has been accelerated by the pandemic, and this trend is likely to continue as institutions seek to offer more flexible learning options.

Another significant trend is the growing emphasis on lifelong learning and professional development. Colleges and universities are expanding their offerings to include more certificate programs, micro-credentials, and online courses to cater to non-traditional students and working professionals looking to upskill or reskill.

Sustainability and social responsibility are also becoming critical areas of focus. Many institutions are incorporating sustainability practices into their operations and curricula, and there is an increased demand for programs that prepare students for careers in sustainability and social impact sectors.

Forecasts for the near future suggest that these trends will continue to shape the industry. Institutions that successfully integrate technology, expand their lifelong learning initiatives, and prioritize sustainability will likely be better positioned to attract and retain students. Additionally, partnerships with industry to align curriculum with job market needs will become increasingly important.

  • Investment in renewable energy and grid modernization continues to accelerate.
  • Regulatory changes and sustainability initiatives are shaping long-term growth.
  • Operational efficiency and technology adoption are key focus areas.

Industry Comparison

How this industry compares to all industries.

Return on Investment (ROI) 5%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 89%

Loan Failure Rate 4%
BOTTOM TOP
10% 25% median 25% 10%

Percentile Rank among all Industries: 12%

Total Companies in this Industry 3,249
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Explore related industries

  • NAICS 6113 Colleges, Universities, and Professional Schools
  • NAICS 61131 Colleges, Universities, and Professional Schools
  • View all related industries

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