Yes it is.
The motto of Won Institute of Graduate Studies is 'Professional Development. Professional Achievement.'.
Richmond Professional Institute was created in 1917.
Korea Development Institute was created in 1971.
Management Development Institute was created in 1973.
German Development Institute was created in 1964.
Haudenosaunee Development Institute was created in 2007.
Workforce Development Institute was created in 2004.
Yunnan Institute of Development was created in 2001.
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Maharana Institute of Professional Studies was created in 2008.
Institute of Professional Financial Managers was created in 1992.
British Institute of Professional Photography was created in 1901.