Codesmith posted an "Early Look" into 2023 outcomes w/ 2022 comparisons. My personal opinions and anlysis. Notable to me is both that median salary was $130K in 2022 and that it was $115K in 2023. Placement rates are missing, but I would guess much lower, for a double whammy 🥺

Codesmith posted an "Early Look" into 2023 outcomes w/ 2022 comparisons. My personal opinions and anlysis. Notable to me is both that median salary was $130K in 2022 and that it was $115K in 2023. Placement rates are missing, but I would guess much lower, for a double whammy 🥺 SOURCE: [https://www.codesmith.io/blog/early-look-2023-outcomes-and-analysis](https://www.codesmith.io/blog/early-look-2023-outcomes-and-analysis) DISCLAIMER: These are my personal opinions about the data. I'm human and I make mistakes, but I'm giving my quick personal thoughts and opinions the most open and transparently I can, comments and corrections with sources are appreciated. I have a long history of being around this sub and giving my opinions from the FAANG angle, and the bootcamp angle (having worked with hundreds of bootcamp grads from all kinds of bootcamps over the years). I'm the co-founder of an interview prep mentorship platform that works with people with 1+ years of SWE work experience, so I don't consider it a competitor to any bootcamps, but I'm disclosing that so you can evaluate my biases. OVERALL: We're still awaiting 2022 numbers from CIRR but we got some unaudited 2022 and 2023 numbers and as expected, they are much worse in 2023! **Main missing piece is placement rates**. I keep harping on this because almost all of the data is less meaningful without. Like if median time to offer increased by 4 weeks, but it for example 20% fewer people got offers at all, and you put them as infinity, then the median time to offer could be months longer for all we know. Despite giving fairly interesting, detailed data, they are not providing placement rates, which they have, and if I was a prospective student I would ask them and be tough if they are too vague. 2022 salaries were higher than expected and the drop in 2023 was a little more than I expected. I expected way fewer people to get jobs , but for the people who got jobs for their salaries to be the same. This is telling me that people took much lower paying jobs at less prestigious companies and it took longer to get them, so they also weren't grabbing early offers instead of waiting for a higher paying one. (LINE BY LINE DETAILS TO COME)

Yeah great point! These outcomes are still very strong and consistent with the industry changes in bootcamps. My analysis is on the tougher side because Codesmith doesn't call itself a bootcamp, and it compares itself to the top grad school programs in the world so I'm anlyzing against the top in the world bar. A student pasted some data shared with the alumni in a session and it showed that the median person with an offer sometime last summer was making $70Kish BEFORE STARTING CODESMITH. But this post isn't about "who should go to Codesmith", it's just an analysis of the data.

\+1 great point and I should have mentioned that, I might add that in an edit if I have some time this evening

It's a classic sales funnel. It's a pre-arranged cold outreach sequence. It's like a sales funnel to sell yourself as a candidate and is leveraging the fact that cold outreach sales funnels have decent conversions. They don't call this a special method and it's not a secret what the steps are and how they work.

My understanding is that your offer details form IS what they use for CIRR. Their auditor contacts a random sampling of people to confirm the numbers they have for you are what you told Codesmith originally and that's the extent of the audit With the new CIRR rules, which have t been published yet (which isn't great because the outcomes might come at the same time as the new spec, not leaving time for anyone to give feedback on the spec, other than the 3 schools remaining in CIRR) so I can only speculate, but if you graduated in 2023, you might not get contacted until 2025 with the 12 months cycle. So try to remember exactly what you told Codemsith haha if it comes to an audit.

Yeah they are preparing to release 2022 outcomes any day now so that means they just use the data you self submitted in the form. The auditors don't check everything and they are just checking Codesmith's math and processes that they are following CIRR, they are not actually auditing that your salary is what you say it is. It's one of the misunderstandings of CIRR. CIRR allows self-reported salary data without specifying how it should be verified so the auditors make sure Codemsith is following CIRR and ultimately involves a heck of a lot of self reported data.