How Effective Are Coding Bootcamps?

Jessica mitsch By Jessica Mitsch ● October 19, 2021
How Effective Are Coding Bootcamps FEATURED
When con­sid­er­ing a cod­ing boot­camp, it is impor­tant to know that you are gain­ing a valu­able return on investment.
Implied by the fit­ness-inspired name, cod­ing boot­camps are rig­or­ous. They involve con­sid­er­able time, ener­gy, and finan­cial com­mit­ments, so how effec­tive are cod­ing boot­camps at help­ing you achieve your per­son­al goals? For many, cod­ing boot­camps offer numer­ous advan­tages over oth­er tech-focused edu­ca­tion options, but there are a vari­ety of con­sid­er­a­tions to keep in mind:

Time

One aspect that is desirable about coding bootcamps is the accelerated time frame. Coding bootcamps, only take 3-4 months, on average, to complete as opposed to several years for other programs, such as attending courses at a two-year community college. Momentum offers both a part-time course to get you ready to enter the software engineering job market in 24 weeks, and the immersive full-time course will allow you to gain these skills in a rapid 16 weeks. You will need to assess the trade-offs of forfeiting income to enroll in a shorter, full-time program versus trying out a longer course that allows room in your day to continue working.

Ded­i­ca­tion

Given the sometimes challenging material and fast pace of coding bootcamps, students must commit ample attention to the course. Fortunately, making space in your schedule to work through tough problems and seek extra help allows all kinds of learners to find success in a bootcamp setting. That’s why choosing a coding bootcamp that promises hands-on, individualized support from attentive and accessible instructors is especially important. Whether virtual or in-person, it is also imperative that programs offer an encouraging community of learners to support each other and collaborate on projects. In deciding when to enroll, think about how much effort you can put into the class, as you will get the most out of the experience when fully invested.

Finan­cial Commitment

Cod­ing boot­camps are often a sub­stan­tial mon­e­tary com­mit­ment for stu­dents; how­ev­er, there are numer­ous financ­ing options avail­able to make the cost of boot­camp work for you. There are also more and more schol­ar­ships for cod­ing boot­camps, espe­cial­ly for stu­dents who have his­tor­i­cal­ly been under­rep­re­sent­ed in the tech­nol­o­gy sec­tor, and a rise in spon­sor­ship oppor­tu­ni­ties from employ­ers. Addi­tion­al­ly, because cod­ing boot­camps offer a com­pre­hen­sive learn­ing oppor­tu­ni­ty in such a con­densed for­mat, there are not a vari­ety of class­es need­ed in order to mas­ter these skills and thus no repeat­ing costs ver­sus a more tra­di­tion­al col­lege edu­ca­tion. Going the col­lege route is a big­ger finan­cial bur­den, mark­ing an aver­age year­ly cost of atten­dance of $16,037 for in-state 2‑year pub­lic insti­tu­tions and increas­ing sub­stan­tial­ly for four-year or pri­vate schools. Beyond sole­ly finan­cial pri­or­i­ties, if you are look­ing to gain oth­er knowl­edge out­side of these tech­ni­cal apti­tudes, then it may make more sense to invest in a mul­ti-sub­ject edu­ca­tion over a cod­ing bootcamp.

Inter­est­ed in Spon­sor­ship Opportunities? 



Edu­ca­tion­al Value

In assessing bootcamp effectiveness, it is wise to ensure the curriculum will allow you to acquire the appropriate coding knowledge to enter the workforce as a programmer. It should be relevant, in line with industry trends for necessary skill sets, and involve hands-on learning. Project-based learning is also advantageous for students to apply the material in realistic examples and have a robust portfolio when entering the job market. While this is harder to vet from the outside, doing your research on the design of the course and topics covered will guarantee the education sets you up as an attractive candidate in the tech sphere.

Job Secu­ri­ty

Aligned with con­tent, one of the biggest things to think about when explor­ing how effec­tive are cod­ing boot­camps is the job secu­ri­ty offered by grad­u­at­ing from a cod­ing course. The great news is that 75% of employ­ers think boot­camp grad­u­ates are just as pre­pared” to be high per­form­ers as coders with col­lege degrees. The pay raise of hav­ing these tech­ni­cal skills is also quite impres­sive, with grad­u­ates expe­ri­enc­ing an aver­age salary increase of $13,000 after a 16-week cod­ing boot­camp. In terms of career place­ment, a stag­ger­ing 89% of stu­dents receive job offers after attend­ing a qual­i­ty cod­ing boot­camp. In addi­tion to these perks, grads are incred­i­bly sat­is­fied with their jobs, report­ing an aver­age hap­pi­ness rat­ing of 8.9 out of 10 in their new roles.

ROI Cal­cu­la­tion

While all of these facets are impor­tant in decid­ing whether a cod­ing boot­camp is your best bet, more num­bers-ori­ent­ed indi­vid­u­als may want to actu­al­ly cal­cu­late their antic­i­pat­ed ROI. To do so, you divide the prof­it amount by the cost of invest­ment and mul­ti­ply by 100 . For exam­ple, you could be earn­ing $32,000 in your cur­rent role and have your sights set on a career with a $60,000 salary. Your invest­ment in boot­camp tuition is $14,000 and you are los­ing $8,000 from miss­ing three months of work. Your return on invest­ment would be 127.27%, mark­ing a sol­id ROI. Remem­ber that this is an over­ly sim­pli­fied equa­tion, as this math fails to take into account oth­er valu­able fac­tors such as per­son­al pas­sion for your job; the ROI for some­one who is not expe­ri­enc­ing a salary rise may be less than some­one expe­ri­enc­ing a major boost in income, but it could be worth it if you are gain­ing skills that help you break free from a path that is not caus­ing you pro­fes­sion­al contentment.
Now that we’ve exam­ined the pros and cons in these dif­fer­ent areas and mod­elled an ROI cal­cu­la­tion exam­ple, how effec­tive are cod­ing bootcamps?
Well, they cost less than a col­lege edu­ca­tion, can be com­plet­ed in a rel­a­tive­ly short peri­od of time, and equip you with the knowl­edge to be just as com­pet­i­tive of a can­di­date in the tech land­scape as those with more for­mal edu­ca­tion degrees. Enrolling in Momen­tum is a bang for your buck that makes a true life-chang­ing difference.

Co-Authored by Gin­ny Howey

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