Summary
- • Over 23,000 students graduated from coding bootcamps in 2019.
- • Coding bootcamp graduates reported an average salary increase of 61% post-graduation.
- • The average tuition for a coding bootcamp is around $13,584.
- • 79% of coding bootcamp graduates found employment within 180 days of completing their program.
- • Coding bootcamps are offered in over 90 cities across the United States.
- • Women make up about 40% of coding bootcamp graduates.
- • 13% of coding bootcamp graduates have a background in education.
- • The average length of a coding bootcamp program is 14.1 weeks.
- • The tech industry job market is expected to grow by 20.5% by 2023.
- • Coding bootcamps offer an alternative to traditional four-year degree programs at a fraction of the cost.
- • Coding bootcamps have an average student-to-instructor ratio of 7:1.
- • 72% of coding bootcamp graduates say they are working in a tech-related job after completing their program.
- • On average, coding bootcamp graduates complete 682 coding-related tasks during their program.
- • 47% of coding bootcamp graduates were employed in a different field prior to attending the bootcamp.
- • Coding bootcamp enrollment increased by 4.13% from 2020 to 2021.
Step aside, Hogwarts – theres a new kind of bootcamp in town, and its not for wizards but for the tech-savvy muggles! With over 23,000 graduates in 2019 alone experiencing a magical 61% salary increase post-graduation, the world of coding bootcamps is casting its spell on the job market. From an average tuition of $13,584 to a booming 20.5% growth expected in the tech job market by 2023, these accelerated programs in over 90 cities are proving to be the modern-day charm for career switchers and aspiring techies alike. Who needs a wand when you have a command line?
Employment Statistics
- Over 23,000 students graduated from coding bootcamps in 2019.
- Coding bootcamp graduates reported an average salary increase of 61% post-graduation.
- 79% of coding bootcamp graduates found employment within 180 days of completing their program.
- 72% of coding bootcamp graduates say they are working in a tech-related job after completing their program.
- 47% of coding bootcamp graduates were employed in a different field prior to attending the bootcamp.
- Coding bootcamp graduates see an average salary increase of $26,021.
- 65% of coding bootcamp graduates are employed full-time.
- 55% of coding bootcamp graduates are employed in web development roles.
- Coding bootcamp graduates have been hired by over 3,000 different employers.
- 45% of coding bootcamp graduates are employed in software development roles.
- Coding bootcamp graduates see an average salary increase of 48% within the first year of employment.
- Coding bootcamp graduates have an average post-graduation job search duration of 4 months.
Interpretation
In a world where "bootcamp" usually conjures up images of grueling physical training, it turns out that coding bootcamps are shaping up to be the mental gymnasiums of the modern workforce. With over 23,000 graduates flexing their tech muscles in 2019, the numbers speak volumes: a 61% salary boost, 79% employment rate within 180 days, and a whopping 72% landing tech jobs post-graduation. These statistics not only highlight the transformative power of coding bootcamps but also serve as a testament to the adaptability and upward mobility offered by the ever-evolving tech industry. So, if you're looking to pump up your career prospects, it might be time to ditch the push-ups and pick up some Python instead.
Graduate Satisfaction
- 75% of coding bootcamp graduates believe their bootcamp experience was worth the time and money.
- 98% of coding bootcamp graduates would recommend their program to others.
- 94% of employers believe coding bootcamp graduates are just as prepared as traditional computer science graduates.
- Coding bootcamp graduates reported an average job satisfaction rate of 84%.
- 82% of coding bootcamp graduates believe their bootcamp experience was worth the investment.
Interpretation
In a world where traditional paths are being reimagined, coding bootcamps are emerging as the torchbearers of change. With 75% of graduates declaring their bootcamp experience as a valuable investment of time and money, and a whopping 98% singing praises and recommending it to others, these stats paint a compelling portrait of success. Employers seem to agree, with a staggering 94% believing bootcamp graduates are on par with those from classic computer science programs. It seems the tech revolution is being led by the innovative and driven individuals who have embraced the fast-paced world of coding bootcamps, with an impressive 84% job satisfaction rate. It's clear that the numbers speak for themselves, signaling a bright future for those who take the leap into this modern frontier of education and career advancement.
Industry Growth Projections
- The tech industry job market is expected to grow by 20.5% by 2023.
- Coding bootcamp enrollment increased by 4.13% from 2020 to 2021.
- Coding bootcamps saw a 49% increase in enrollment in 2021 compared to 2020.
- The coding bootcamp market is projected to reach $8.4 billion by 2025.
- The coding bootcamp industry has grown by 11% annually since 2011.
- The demand for software developers is projected to increase by 22% by 2029.
- The coding bootcamp industry is expected to graduate over 60,000 students annually by 2024.
Interpretation
In a world where numbers speak louder than words, the tech industry is gearing up for a growth spurt of 20.5% by 2023, with coding bootcamps leading the charge like a bustling band of digital warriors. The enrollment numbers are climbing faster than a squirrel up a tree, with a 4.13% increase from 2020 to 2021 and a whopping 49% surge in just one year! With the coding bootcamp market projected to hit a whopping $8.4 billion by 2025, it's clear that tech education is not just a trend, it's the main event. The industry is growing at a pace even Usain Bolt would envy, with an annual increase of 11% since 2011, and the demand for software developers expected to skyrocket by 22% by 2029. So, dust off your keyboard and buckle up, because these bootcamps are churning out over 60,000 tech-savvy graduates annually by 2024, ready to code their way to success in Silicon Valley and beyond.
Program Characteristics
- The average tuition for a coding bootcamp is around $13,584.
- Coding bootcamps are offered in over 90 cities across the United States.
- The average length of a coding bootcamp program is 14.1 weeks.
- Coding bootcamps offer an alternative to traditional four-year degree programs at a fraction of the cost.
- Coding bootcamps have an average student-to-instructor ratio of 7:1.
- On average, coding bootcamp graduates complete 682 coding-related tasks during their program.
- The average coding bootcamp graduate spends 32 hours a week on coursework.
- Coding bootcamps have a 67% completion rate.
Interpretation
In the world of coding bootcamps, where the average tuition is roughly the cost of a few fancy dinners, students embark on a 14-week coding odyssey in over 90 cities, forming a bond with their instructors at a ratio that most VIP clubs would envy. These bootcamps offer a practical shortcut through the academic jungle, where graduates slay an impressive 682 coding tasks while juggling the equivalent of a part-time job in coursework hours. The 67% completion rate proves that not everyone can handle the heat of binary battles, but those who do emerge as modern-day coding warriors, ready to conquer the digital realm armed with new knowledge and a fraction of the debt.
Student Demographics
- Women make up about 40% of coding bootcamp graduates.
- 13% of coding bootcamp graduates have a background in education.
- The average age of a coding bootcamp graduate is 31 years old.
- 62% of coding bootcamp graduates had no prior experience in coding before enrolling.
- Nearly 70% of coding bootcamp graduates are under the age of 30.
- Coding bootcamp graduates have an average student loan debt of $9,000.
- 88% of coding bootcamp graduates are from underrepresented minority groups.
- 52% of coding bootcamp graduates are self-taught programmers.
Interpretation
In the world of coding bootcamps, the numbers tell a fascinating tale - women are making their mark at 40%, perhaps showing that the future is indeed female in tech. With 13% of graduates coming from an education background, it seems that teachers are swapping blackboards for binary code. The average age of 31 shines a light on the fact that you're never too old to learn new tricks in the world of programming. And the fact that 62% entered with zero coding experience proves that anyone with determination can crack the code. With 70% under the age of 30, it's a youth movement storming the tech scene, armed with an average student debt of $9,000; clearly, knowledge comes with a price tag. Furthermore, the majority hail from underrepresented minority groups at 88%, showcasing the power of diversity in driving innovation. And finally, with 52% claiming self-taught status, it's a testament to the spirit of independence and resourcefulness that fuels the coding community.