Coding Bootcamps Boost Salaries as Demographics Broaden
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The Course Report Coding Bootcamp Alumni Outcomes and Demographics Study 2016 has been released to provide insightful new statistics about the success of boot camp graduates.
Course Report surveyed graduates from 52 coding schools and received 1,143 qualified responses. Participation in the survey was voluntary, but an incentive to win a $ 500 Amazon Gift card was offered.
Some of the key findings include 73% who report being employed post-graduation in a full-time job requiring the skills learned at bootcamp.
Alumni report a 64% increase in salary, or a raise of $ 26,021, after graduating from bootcamp.
The average boot camp graduate is 30 years old, has 6.8 years of work experience, has a bachelor’s degree or higher, and has never worked as a programmer but has done some programming in their spare time as a hobby.
43% of bootcamp graduates are women compared to 15.7% of students in undergraduate computer science programs.
According to the report:
“Women make up 43.3% of the coding bootcamp industry; Women also reported a higher average salary after graduating from a coding bootcamp. Men are more likely to be employed in a full-time job requiring skills learned at the bootcamp.”
(Non-binary respondents were not included in the final counts as there were only 18 cases.)
On the matter of race:
“Coding bootcampers who identify as Black have a higher average salary after graduating from a coding bootcamp, and are most likely to be employed full-time in a job requiring skills learned at bootcamp.”
Law majors saw the greatest increase in salary after attending a bootcamp. Graphic design majors are most likely to be employed using the skills they learned.
Coding bootcamps provide a $ 39,190 raise in salary for low-income students.
The report reads:
“We find that low-income students see a lower average post-bootcamp salary than middle and high-income students, but a high lift in salary after graduation (~$ 39K lift). Pre-bootcamp income seems not to have a significant impact on ability to land a job as a developer after graduation.”
Students who learn the Python programming language have the highest salary after graduation at above $ 90,000.
Bootcamp graduates working in San Francisco have the highest average salary.
60% of bootcamp grads have BA degrees, showing that bootcamps are often supplemental undertakings after a more traditional education.
The average satisfaction rating was 8.83 out of 10.
Post-bootcamp, the most popular industries to work in, in order, are tech, software, e-commerce, healthcare, education, web development, IT, software development, advertising, digital, marketing, retail, finance, media, insurance, consultancy, finance tech, education tech, real estate, and web.
The average student paid $ 11,792 in tuition. Students are also seeking out financial aid to cover the costs of bootcamps, with the use of external lending partners having increased drastically since 2014, from 8% to 17%.
The reasons to attend a bootcamp, in order, were to get a programming job, to start a company, to get a non-technical job, to work freelance or contract, to build on existing skills, and to get a promotion.
The number one reason to choose a particular bootcamp was based on its job placement outcomes.
To be included in the survey, the coding bootcamp must offer full-time, in-person instruction of 40 or more hours of time in the classroom per week, not be degree-granting, and provide curriculum specific to programming.
The full report was published September 14th by Liz Eggleston at Course Report.
Course Report, founded in 2013 by Adam Lovallo and Liz Eggleston, helps students find, research, and apply to coding bootcamp programs.
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