Training and development managers create programs and strategies that lead to a more skilled, efficient, and productive workforce. Training managers also focus on employee engagement and career development, leading to more satisfied employees who are more likely to stay with the company.
Those are important goals for every type of organization, which is why training and development specialists are highly valued. The job attracts people from many different career fields who want to transition into human resources. In some cases, they come from outside the corporate world, such as teachers ready for a new career challenge.
Touro University Worldwide offers a Master of Science in Human Resources with Concentration in Training and Development. The university designed the online program for working adults motivated to advance their careers with a graduate degree interested in training and development.
What Is Training and Development?
Earning an online master’s degree in training and development opens the door to various career options. Every industry needs qualified training and development leaders in HR departments, including healthcare, finance, retail, and manufacturing. Government agencies, non-profit organizations, and consulting firms specializing in employee development and training also employ training managers. As a result of talent shortages, many organizations are looking for opportunities to train and develop personnel internally to meet future needs of the organization.
Training and development leaders handle many duties. Those duties include:
- Assessing an organization’s training needs
- Identifying the employees who will benefit from additional training
- Ensuring training programs offer the latest best practices in the area covered
- Aligning training to achieve business goals
- Evaluating the impact of training programs
- Identifying employees who exhibit traits of leadership for further training and development
- Implementing instructional technologies to reach a dispersed geographical workforce
The work of training and development managers creates value for both employees and employers. Employees gain skills and knowledge, allowing them to work more efficiently and qualify for higher-level jobs. Employers benefit from having happier employees who strive to create better products and services. They also increase the chances of keeping a talented group of employees together.
Growth in the Training and Development Field
Due to the demand in all industries, the U.S. Bureau of Labor Statistics projects 11 percent growth in the training and development field by 2030.
Training and development salaries are rising. In May 2020, the median salary nationwide for training and development managers reached $115,640. The BLS reports that salaries by industry are:
- Professional, scientific and technical services – $135,780
- Management of companies and enterprises – $123,020
- Finance and insurance – $122,400
- Educational services including state, local, and private – $102,930
- Healthcare and social assistance – $98,470
Typical employers include banking and finance firms, charities, hospitals, IT firms, leisure and tourism companies, and media companies.
Career Paths with an MSHRM in Training and Development
The MSHRM degree from Touro University Worldwide allows students to concentrate on emerging areas of human resources, including training and development. Other concentrations include Diversity, Equity and Inclusion, and Employee Engagement and Total Rewards.
The training and development concentration curriculum includes 36 credits (12 courses, plus a capstone). The courses cover topics that include:
- Ethics for HR professionals
- Developing a competency culture
- Organizational change
- Performance assessment
- Management across cultures
- HR law
- HR strategy and planning
Students learn the theoretical and philosophical foundations of learning and development. They also enhance the knowledge of adult learning, employee professional development, and improving the knowledge skills of an organization while achieving strategic objectives.
Graduates can choose from many career options, including instructional design and learning consultant. Job titles for professionals with a graduate degree in training and development include Chief HR Officer, Human Resource Manager, Training and Development Manager, HR Consultant, and Recruiter.