← All threads

[Bay Area] Salary expectation for first job after 3 month Codesmith program? Background: undergrad economics degree and 3 years sales management and operations

2 of Michael's comments in this thread · View thread on Reddit ↗

u/InTheDarkDancing wrote (the comment Michael replied to):

The average Codesmith grad a year ago came out making $127k base salary according to their audited reports (cirr.org). There's a lot of speculation about what their grads are making today and what percentage get jobs. My personal thoughts are that it's dipped a bit but if you hav

u/michaelnovati replied · ★ FEATURED
Standard disclaimer: several people are mentioning average salaries, it's super important with CIRR data to recognize that the numbers at NOT averages, they are medians, and they are NOT the "average Codesmith grad" it is the median salary of PLACED CODESMITH GRADS, not ALL CODESMITH GRADS. So it's the 50th percentile base salary of the 80% of people placed of the 95% of people that graduated. If you put $0 for the other 20% that didn't get jobs, the "average Codesmith grad" is making FAR less than this and the median would be shifted down to about 100 to 110K based on the CIRR distribution. Just important to note, because I'm constantly on top of people who misrepresent CIRR outcomes. CIRR outcomes don't include stock and bonuses so the actual median and average compensation is probably a lot HIGHER than what CIRR says, so I'm not saying this to bash Codesmith, I'm saying it to promote proper data analysis.

u/Top-Measurement-7216 wrote (the comment Michael replied to):

Several factors will greatly influence what you could potentially make out of codesmith: city where you're based (SF is a HCOL city so expect the highest salaries), your degree (liberal arts vs STEM), your school (ivy league or brand name school), prior experience (tech adjacent

u/michaelnovati replied · ★ FEATURED
I commented this above but copy pasting because it's important, I agree with the qualitative arguments, just an important note for the CIRR data: Standard disclaimer: several people are mentioning average salaries, it's super important with CIRR data to recognize that the numbers at NOT averages, they are medians, and they are NOT the "average Codesmith grad" it is the median salary of PLACED CODESMITH GRADS, not ALL CODESMITH GRADS. So it's the 50th percentile base salary of the 80% of people placed of the 95% of people that graduated. If you put $0 for the other 20% that didn't get jobs, the "average Codesmith grad" is making FAR less than this and the median would be shifted down to about 100 to 110K based on the CIRR distribution. Just important to note, because I'm constantly on top of people who misrepresent CIRR outcomes. CIRR outcomes don't include stock and bonuses so the actual median and average compensation is probably a lot HIGHER than what CIRR says, so I'm not saying this to bash Codesmith, I'm saying it to promote proper data analysis.