Lambda School

Website

lambdaschool.com

Release Date

2017 January

Categories

#Education #Online Learning #Hiring And Recruitment #Productivity

Startup details

Country

United States

State

California

City

San Francisco

Founder(s)

Austen Allred

Employees

100 - 249

Microverse

Website

microverse.org

Release Date

-

Categories

#Education #Online Learning #Hiring And Recruitment #Productivity

Lambda School features and specs

• Income Share Agreement
  Lambda School offers an Income Share Agreement (ISA), allowing students to defer tuition payments until they secure a job making at least $50,000 per year. This reduces upfront financial risk for students.
• Remote Learning
  The program is entirely online, providing flexibility for students to learn from anywhere in the world.
• Comprehensive Curriculum
  Lambda School offers a comprehensive curriculum that covers a wide range of in-demand tech skills, including web development, data science, and machine learning.
• Career Services
  The school provides extensive career services, including job placement support, resume reviews, and interview preparation to help students secure employment after graduation.
• No Upfront Cost
  Students can enroll without any upfront cost, making the program accessible to those who may not have the financial means to pay for a traditional coding boot camp.

Possible disadvantages of Lambda School

• High Deferred Cost
  Although there are no upfront costs, the total cost of the ISA can be high, potentially up to $30,000, which is more expensive than some other coding boot camps.
• Intensive Time Commitment
  The program is very intensive and requires full-time dedication, which can be challenging for individuals who need to balance other responsibilities such as work or family.
• Variable Job Market
  Job placement success can vary significantly. While many students do find jobs, some may struggle, particularly in a competitive job market.
• Risk of Debt
  If a student does not secure a high-paying job immediately, the deferred tuition can become a financial burden, particularly if the student is unable to make the minimum required salary.
• Limited Financial Assistance
  Since the program relies heavily on ISAs, there may be limited options for students seeking traditional financial assistance or loans.

Microverse features and specs

• Global Collaboration
  Microverse offers the opportunity to collaborate with peers worldwide, enhancing exposure to diverse perspectives and teamwork experiences.
• Income Share Agreements
  Students pay no upfront tuition and agree to pay a percentage of their salary after securing a job, reducing initial financial burden.
• Remote Learning
  The program is entirely online, which provides flexibility and the comfort of learning from anywhere with an internet connection.
• Focus on Job Placement
  Microverse places a strong emphasis on employment, offering support with job search and access to a network of hiring partners.
• Real-World Project Experience
  Students work on projects that simulate real-world problems, allowing them to build a practical and relevant portfolio.

Possible disadvantages of Microverse

• Income Share Percentage
  Once employed, students are required to pay 15% of their salary to Microverse, which might be a considerable financial commitment over time.
• Self-Motivation and Discipline
  The program requires a high level of self-discipline and motivation as it is self-paced and remote without the structure of a physical classroom.
• Time Zone Coordination
  Working with an international cohort can sometimes lead to challenges in coordinating schedules across different time zones.
• No Degree Credential
  Microverse provides no formal degree, which might be a drawback for those looking for a traditional academic credential.
• Competitive Entry
  The application process can be competitive, requiring applicants to demonstrate strong motivation and potential for success in a rigorous program.

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