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BUSINESS Overview Universal Technical Institute, Inc., which together with its subsidiaries is referred to as the Company, we, us or our, was founded in 1965 and is a leading workforce education provider for transportation, skilled trades, energy and healthcare programs serving students, partners, and communities nationwide.
The company offers high-quality training programs and support services for in-demand careers through its two reportable segments (also referred to as divisions ): Universal Technical Institute and Concorde Career Colleges.
We offer the majority of our programs in a hands-on learning model through labs and clinical placements, as well as classroom delivery and blended delivery models.
Our reporting structure is as follows: Universal Technical Institute ( UTI ): UTI operates 15 campuses located in nine states and offers a wide range of degree and non-degree transportation, skilled trades, and energy technical training programs.
Business Model and Industry Partnerships We continue to evolve our business model to provide students with accessible, affordable training by focusing on bringing education to students at convenient locations.
DOL BLS estimates an average of 45,700 new jobs openings for industrial machinery mechanics; 45,600 new job openings for welders; 40,100 new job openings in the heating, air conditioning, and refrigeration industry; 13,500 new job openings for computer-controlled machine tool operators; 13,100 new job openings for aviation technicians; 6,000 new job openings for robotics; 4,100 new job openings for marine and motorcycle technicians; and 2,300 new job openings for wind turbine service technicians will exist annually for new entrants through 2034 in these fields.
DOL BLS estimating an annual average of 1,286,700 new jobs annually through 2034.
Prior to enrolling, many potential Concorde students complete a test which helps determine the best program for them and their expected success rate in a given program.
Through these industry relationships, UTI can continuously refine and expand its programs and curricula.
Growth, Diversification and Optimization Our organization has several key levers to grow, diversify, and optimize the business.
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BUSINESS Overview Universal Technical Institute, Inc., which together with its subsidiaries is referred to as the Company, we, us or our, was founded in 1965 and is a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, whose mission is to serve students, partners, and communities by providing quality education and support services for in-demand careers across a number of highly-skilled fields.
We offer the majority of our programs in a blended learning model that combines instructor-facilitated online teaching and demonstrations with hands-on labs.
Our reporting structure has two reportable segments (also referred to as divisions ) as follows: Universal Technical Institute ( UTI ): UTI operates 16 campuses located in nine states and offers a wide range of degree and non-degree transportation and skilled trades technical training programs under brands such as Universal Technical Institute, Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI ), NASCAR Technical Institute ( NASCAR Tech ), and MIAT College of Technology ( MIAT ).
Business Model and Industry Partnerships We serve students, partners and communities by providing quality education and training for in-demand careers.
We continue to evolve our business model to provide our students with accessible, affordable training with a focus on bringing education to the students at convenient locations.
DOL BLS estimates that an average of 45,800 new job openings for welders, 43,500 new jobs openings for industrial machinery mechanics, 42,500 new job openings in the HVAC industry, 15,200 new job openings for computer-controlled machine tool operators, 13,400 new job openings for avionic technicians, 6,300 new job openings for robotics, 4,600 new job openings for marine and motorcycle technicians and 2,100 new job openings for wind turbine service technicians will exist annually for new entrants through 2033 in these fields.
DOL BLS estimating an annual average of 1,261,100 new jobs annually through 2033.
Prior to enrolling, many potential Concorde students complete a test which helps determine their expected success rate in a given program.
Through these industry relationships, UTI is able to continuously refine and expand its programs and curricula.
Growth, Diversification and Optimization Our organization has a number of key levers to grow, diversify, and optimize the business.