Self‐assessment research has concentrated on validity and psychometric issues in selection and appraisal contexts. Little is known about factors that affect self‐assessment of training needs. The present study examines the influence of managerial position (level, function) and managerial attitudes toward training utility on self‐reported training needs. A training‐needs survey consisting of items related to basic managerial, interpersonal, administrative, and quality control skills was completed by 506 lower and middle level managers across four functional areas. Correlational and regression analyses indicated that managerial level and function had some effect on reported administrative training needs, while function and attitudes towards training utility had some impact on self‐reported training needs for quality control. Level, function, and attitude were not related to reported basic managerial and interpersonal training needs. The implications and limitations of the results are discussed, and future research directions are