u/michaelnovati replied · · edited ★ FEATURED
I've been extremely middle road in trying to examine Codesmith outcomes for a while now (I know I have personal opinions about the framing of OSPs and mid level and senior projects but on the outcomes I try to follow the facts). I am often attacked here on different sides because this is a controversial topic, but please try to have a fact based discussion, no one off anecdotes.
I think it's important to get more data on placement rates because Codesmith is presenting marketing that everything is going great, and we only have anecdotal and napkin math estimates for placement rates.
This is what Codemsith has said so far about 2023 publicly:
1. They had 600 offers (CEO in public talk)
2. There were 68 offers between October 15th 2023 to November 30th
3. There.is a blog post showing average salaries dipped to $110K medium but have been going back up.
4. Last week, the most recent 10 offers had a larger breadth of salaries with half the people under 100K and a couple people over 150K.
5. A senior admissions member said that graduated in 2023 are getting jobs faster than in 2022 "the average time to get a job actually decreased in 2023" (she didn't give any numbers or context and said this at an info session with no follow up or explanation) - I'm skeptical of this one but that's what she said!
My data shows about 1 offer a day in average, and this https://www.reddit.com/r/codingbootcamp/comments/18cpq98/analysis_of_52_most_recent_codesmith_offers/ shows that many of those people got offers and graduated from 2022 and we're job hunting so long, their OSP started looking like a year of experience.
About 20% of people getting offers in six months seems reasonable (the CIRR rate is probably higher when you factor in non job hunting people, people who placed but ghosted, and all the fellows get their clocks paused while doing that job.
CIRR is changing its guidelines so that the time window is a year now. So it's possible in the next report that Codemsith will have a CIRR placement rate much higher than you think.
Any other Codesmith grads have opinions or thoughts here?