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Spoke to a reputable bootcamp recently and found out their job rate is only 66%. Are bootcamps using last year job placement rates?

r/codingbootcamp

u/michaelnovati replied ·
Watch out for reported placement rates, especially with CIRR. Placement rates are often quote "of the people who graduate..... which percent get hired in X timeframe". But how many people graduate and are job hunting is very important. BloomTech just reported a 90% placement rate for 2021, however about 30-something percent of people were excluded because they were not job hunting, and 50-something percent of people actually graduated... so it's something like 50-something percent of people who signed on the dotted line, were looking for a job, graduated and got a job within six months. With CIRR the placement rates are of people who graduated in the designated time window. So if 90% of people graduate and 80% get jobs, that's like a 70% sign on dotted line -> job within six months rate.