Can you make 6 figures after a coding bootcamp?

There is no shortage of opportunities when it comes to working in the tech industry. However, getting the right training, gaining coding experience, and improved skills can only put your best foot forward toward a great salary. After you complete a coding bootcamp, you might even be surprised to discover that you can even make six figures.

For you: 6 Unusual Ways to Make Extra Money (That Actually Work)

Coding Bootcamps: Quick Take

Coding boot camps are intensive information technology training programs that typically last about four months to complete. The skills you hone after completing a coding bootcamp program can lead to success in a variety of fields, such as software development, computer programming, software engineering, or other data science jobs. Here are some key insights:

• Coding bootcamps won’t give you a computer science degree, but they will teach you programming language and practical tech skills to land you a job.

• Most coding programs, by the way, do not require a bachelor’s degree or a university degree.

• Payment plans, repayment plans, or financial assistance are offered by many coding bootcamps.

• While there are no guarantees and results may vary, most coding bootcamp graduates find entry-level or higher employment within six months of completing the program.

• The average coding bootcamp program in the United States costs approximately $13,584.

• Coding bootcamps are not often recognized or accredited; However, you can still learn valuable coding skills that can help you land a variety of data science jobs.

How Much Can You Earn After Coding Bootcamp?

Salaries and hourly wages vary by location and company, but completing a coding program can significantly increase your chances of finding your dream job in many data science fields. Below are some average salary estimates from the Bureau of Labor Statistics of what programmers can make in the areas the boot camps specialize in.

Salaries You Can Earn After Coding Bootcamp

The results show that while you won’t necessarily earn six figures straight away in every field, the potential is there. Since the programs only last about four months and most coding bootcamp graduates get jobs within six months of completing the course or program, this is a great way to jump-start your career.

How much do coding bootcamps cost?

While costs and prices will vary, the average full-time coding bootcamp in the US comes in at around $14,000, according to Fullstack Academy. However, tuition can range from less than $5,000 to around $20,000 depending on the institution or your specific program. If this seems too high, keep in mind that most coding bootcamps offer payment plans, repayment plans, or financial assistance.

Although the initial investment may feel significant, it is important to view it as an investment in your future. Coding boot camps can help you gain the skills needed to earn a higher salary in technology-related fields, making the costs worth it in the long run.

Final Take To GO: Are Coding Bootcamps Worth It?

Coding bootcamps have helped many graduates find jobs in computer programming, software development, software engineering, information security, web design, and more. Most of these data science jobs have high earning potential, with some even paying you six figures per year.

Frequently asked questions

Here are some answers to common questions about how much you can earn after completing a coding bootcamp.

• Is it difficult to get into a coding bootcamp?

  • The admission process is guaranteed yes, because the requirements are not too strict. You don’t need any prior experience, so this is especially good if you’re a beginner or just starting out in the field. If you show a strong interest in learning to code and have a good work ethic, you will likely join the program. Also keep in mind that you don’t need a college degree to participate in most of these programs, making the application cheaper and more accessible.

• Is it realistic to get a job after coding bootcamp?

• What kind of jobs can coding bootcamp graduates get?

  • Coding bootcamp graduates often find success in the data science field with jobs as computer programmers, software engineers, information security analysts, data scientists, software developers, or web designers.

• How much will I earn after coding bootcamp?

  • Although salaries vary depending on your location and experience level, your earning potential is decent after coding bootcamp. For example, you can start on a position for around $65,000. However, at your second or third job, your average salary can reach almost six figures, around $99,000.

• Does encryption make up six digits?

• What is the employment rate after coding boot camp?

  • That figure varies per boot camp provider and the type of camp you attend. For example, Johns Hopkins University’s online software engineering bootcamp has an 88% employment rate within six months of camp completion, and graduates increase their earnings by up to 178%.

Daria Uhlig contributed reporting for this article.

This article originally appeared on GOBankingRates.com: Can You Make 6 Figures After a Coding Bootcamp?