fbpx

What is the return on investment for a coding bootcamp?

Introduction

In this era of rapidly evolving technology, coding skills have become increasingly crucial across various industries. A coding bootcamp, often viewed as a more cost-effective and time-efficient alternative to a traditional four-year degree, has emerged as an appealing pathway to enhance one’s skills. This blog post aims to discuss the return on investment for a coding bootcamp, highlighting its potential for higher income and better job prospects.

The Cost of a Coding Bootcamp vs a Four-Year Degree

Attending a coding bootcamp is usually less expensive than a traditional four-year degree. The average cost of a bootcamp is around $13,000, a fraction of the cost of a bachelor’s degree, which can easily exceed $100,000. Furthermore, coding bootcamps are typically completed in three to six months, allowing participants to enter the job market much quicker than those who opt for a degree.

Income Potential After a Coding Bootcamp

Graduates of coding bootcamps often see immediate increases in their income potential. According to Course Report, the average salary of a bootcamp graduate is $70,698. This is a significant increase, especially for those shifting from non-tech fields. With experience and continuous learning, this figure can rise substantially, offering a promising return on investment.

Job Prospects After a Coding Bootcamp

In addition to higher income potential, coding bootcamp graduates also enjoy improved job prospects. With a growing demand for skilled coders, companies are more willing to hire bootcamp graduates, acknowledging the practical, hands-on skills they acquire. Tech giants like Google, Microsoft, and Apple, have all hired coding bootcamp graduates, demonstrating the industry’s recognition of these programs.

The Return on Investment for a Coding Bootcamp

To make this a bit more tangible, we’ve embedded a Return on Investment (ROI) calculator below. In order to keep it simple, we’re only taking the tuition cost for a bootcamp into account when calculating, but you should also consider the cost for other expenses like computer equipment and living expenses for a 3-6 month period, which will vary widely depending on the individual.

Two columns
Vertical
Horizontal
ROI Calculator
Total Summary
Name Total
"{{getWooProductName}}" has been added to your cart

You can play around with the numbers here. For ROI, a higher percentage is better.

The main point of understanding your ROI is to shift perspectives. Since the upfront cost of attending a bootcamp or going to college can seem high, it’s helpful to zoom out and see a bigger picture. Like with any investment, we have to understand what we gain long term in order to manage risks and fears associated with it.

Conclusion

The return on investment for a coding bootcamp is quite impressive when considering the cost, income potential, and job prospects it offers. While it requires a commitment of time and money, the payoff seems to be worthwhile. Whether you’re a recent high school graduate, a professional seeking career advancement, or someone looking to transition into the tech industry, a coding bootcamp could be a wise investment towards a promising future.

Learn More

Please fill out your information below!

We'll reach out to you in order to schedule a time to talk.

Please enable JavaScript in your browser to complete this form.
Name

Please fill out your information below!

We'll send you an email with the syllabus attached as a PDF.

Please fill out your information below!

We'll reach out to you in to provide more information and answer any of your questions!

Please enable JavaScript in your browser to complete this form.
Name

Please fill out your information below!

We'll reach out to you in order to schedule a time to meet with an instructor that works best for you.