Outcomes Report 2022

BloomTech 2022 Outcomes

Letter from the CEO

We designed everything at BloomTech with one goal: to help learners get a well-paying job faster and with less risk. Too many people don’t have the chance to pursue their full potential due to a lack of resources, opportunity, and support. Over the last seven years, we have been working to bridge this gap and remove barriers standing between learners and well-paying careers in tech.

In line with our ongoing commitment to transparency, we again partnered with the advisory, tax, and assurance firm Baker Tilly US, LLP to produce this report. The firm independently examined the management’s assertions, which you’ll read in the BloomTech 2023 OutcomesReport for 2022 Graduates.

During the course of 2022 and 2023, the tech industry experienced significant restructurings, including layoffs and reductions in hiring.¹ This coincided with a surge in AI product development and investments throughout the industry, necessitating that workers enhance their skill sets and adapt to these emerging technologies.

Despite these massive industry shifts, 86%² of our 2022 job-seeking graduates have landed jobs. Among those graduates is Uma Sitaraman. After spending eight years as a stay-at-home mother of two, Uma decided that she “wanted to do something for [herself],” and enrolled in BloomTech’s Backend Development program.

While in school, Uma struck a balance between her family and her studies. Although“allocating separate time to studying...was a big challenge,” Uma leaned on BloomTech’sinstructors, her peers, and her determination to learn, and is now working at Amazon as aSoftware Engineer.

Uma’s path wasn’t easy, but she looks back on her time at BloomTech as months of difficult yet rewarding growth. “I would encourage anyone who’s ready to put in the effort to go for it,”she says with a smile.

Uma’s story is, in many ways, quintessentially BloomTech. Our learners come from all walks of life: some are looking for an alternative to traditional college, some are looking to re-enter the workforce, and some are seeking an industry change. No matter the starting point, we’ve proven that we can educate and place learners into well-paying and rewarding jobs, which is the first step toward them establishing a new career.

-Austen Allred
BloomTech CEO & Cofounder
December 13, 2023

How BloomTech Works

Our mission remains straightforward yet impactful: we're dedicated to providing a direct, low-risk path to higher income.

This mission continues to benefit both individuals seeking a brighter future and employers in search of highly qualified talent. By training learners in the skills most sought after by employers, BloomTech empowers our graduates to thrive in a rapidly changing market, and we enable companies to prosper in an increasingly competitive economy.

This is how we achieve our mission.

Flexibility

Flexibility is fundamental to BloomTech’s learning model. We were founded as a fully online institution, driven by the belief that no person’s opportunity should be constrained by geographical boundaries. By embracing remote learning, we empower dedicated individuals from any location to acquire the essential skills required to excel in top-tier industry positions.

We strive to make BloomTech even more flexible to fit the lives of even more learners. In 2022 we launched CareerFlow—a new, even more flexible learning experience that draws on changes that began in 2021. Based on the feedback from BloomTech learners, we invested further in Career flow throughout 2023, so people anywhere can tailor their learning experience, whether on a part-time or full-time basis, through a personalized schedule that fits seamlessly with their unique lifestyles, preferences, and strengths.

Learners can attend live classes offered in the mornings, afternoons, evenings, and on weekends, allowing them to customize their learning schedule around a part-time or full-time work schedule, and everything in between. The BloomTech Portal, featuring our library of on-demand video lessons and asynchronous learning material, is also available 24/7 so learners can continue their studies whenever is convenient for them.

By continuing to offer a more flexible tech education experience, we are ushering in a new era of accessibility to the tech industry, making it more inclusive and accessible to a broader array of individuals than ever before.

Curriculum

BloomTech equips learners with the in-demand skills that employers want, and we’ve structured our curriculum to provide learners a clear pathway to secure high-paying tech jobs, as demonstrated by our proven outcomes.

Over the last 7 years, we’ve developed a comprehensive understanding of the demands placed on entry- and mid-level technical professionals through constant market research, direct interactions with employers, strategic partnerships with hiring organizations, and in-depth conversations with successful BloomTech alumni employed in the field.

We take competency seriously by backward designing our programs to align with job skill requirements. Our courses not only foundational technical skills, but also provide hands-on experiences, ensuring that our learners graduate fully equipped for tech roles.

Additionally, we remain agile in our curriculum development cycles by promptly incorporating the industry's latest and most in-demand skills, platforms, and tools to keep our offerings consistently up-to-date. Our curriculum design and development teams work year over year to ensure a tight feedback loop with industry experts as well as learners in-program.

In 2022, we identified that employers wanted workers with even deeper technical abilities in several emerging fields, and to update our curriculum, we:

Introduced a new flexible learning model named CareerFlow that allowed learners to study more effectively within their busy schedules. CareerFlow was a massive update that included many changes such as:
Updated live Instruction offerings for U.S. time zones to include nights, weekends, as well as times learners requested.
Redesigned curriculum to better support CareerFlow flexibility with more video walkthroughs, practice problems, and hands-on projects.
Revamped BloomTech Labs experiences to incorporate more real-life practice settings.
Rolled out an updated Free Trial curriculum to allow learners in all our programs to complete hands-on coding projects before enrolling in BloomTech, at no cost.
Expanded our Applied Computer Science curriculum to incorporate more practice, training, and rigor focused on landing technical interviews with continued focus on data structures and algorithms in applied interview-style approaches to learning.
Continued to build off the successes of our initial launch of the Backend Development course by incorporating curricular feedback from Amazon as well as other top tier tech employers that hired our graduates.
Re-developed several learning units to match the latest industry changes across Data Science, Full-Stack Web, and Backend Development programs.

Career Support

Our career support is designed to maximize learners’ career opportunities, and is rooted in the intersection of product, coaching support, and strategic partnerships with leading employers. As with all of BloomTech’s curriculum, our job search program is designed and consistently updated through extensive market research and is then backward-designed to promote ideal job search preparedness, strategies and, ultimately, graduate outcomes. BloomTech is dedicated to providing comprehensive career support to our learners, all of whom begin working one-on-one with their assigned Career Coach as soon as they enroll at BloomTech.

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BloomTech Career Coaches work closely with learners to:

Stay on pace during their BloomTech program and strategically involving their networks
Build effective study plans, with a focus on career readiness
Create impactful resumes, cover letters, LinkedIn profiles, and GitHub profiles
Craft outreach and networking strategies
Find potential fit with BloomTech hiring partners
Prepare for behavioral and technical interviews
Negotiate job offers
And more

In 2022, we continuously optimized our job search tools, processes and support to get BloomTech learners from their starting point to a great tech career, as fast as possible, and no matter their background.

We launched our Custom Outreach Generator, which assists learners in their networked job search personalized outreach messages. Consistent networking and outreach is a key component of a successful job search, making this highly valuable to many BloomTech graduates who are seeking tech jobs for the first time.
BloomTech launched an AI-powered version of the Custom Outreach Generator in 2023 to improve the quality and level of personalization in the messages.
Our Career Coaching team increased the frequency of technical office hours to provide better technical preparation and support to BloomTech job searchers, including weekly ongoing technical assessment practice opportunities with an engineer from industry.
BloomTech’s Tuition Refund Guarantee (TRG)³, launched in late 2021, continues to incentivize consistent job search behaviors that have led to successful placement for thousands of BloomTech graduates. The three key pillars of our job search program embedded in the TRG are:
Persistence: applying to 10 relevant jobs per week with outreach and follow-up
Professional Development: making 5 GitHub contributions per week to keep technical skills sharp
Engagement: remain responsive to BloomTech Career Coach outreach, meeting with Career Coaches as needed to assess strategy and placement-enhancing activities

Definition of Success

Our commitment to learner success is the foundation of the entire BloomTech model. The company was founded on aligned incentives, meaning we succeed when our learners succeed. We have stayed true to that essential vision.

In late 2021, we introduced the industry’s first 110% Tuition Refund Guarantee. Here’s what the 110% Tuition Refund Guarantee means: We’re so confident that graduates will get a job if they follow our program that we’re willing to not only refund their tuition but also pay them if they don’t find that well-paying job after a year of searching.

By aligning our company’s success with the success of our learners, everyone benefits.Individuals launch rewarding tech careers; employers gain motivated and skilled workers; andBloomTech grows, enabling even more people to achieve upward mobility.

Methodology & Definitions

In this Outcomes Report⁴, we will include six metrics important to understanding BloomTech:

Graduation rate: Of the Starting Learners⁵ whose Original Expected Graduation Date⁶ was in 2022, what percentage of them actually graduated as of the Reporting Date⁷?
Job placement rate: Of the Job Seeking⁸ learners⁹ whose Actual Graduation Date was during 2022, what percent of them have been placed as of the Reporting Date?
Time to placement: Of the learners whose Actual Graduation Date was during 2022 and were Job Seeking, how many of them were placed within X days of graduation?
Salary outcomes: What is the median annualized salary of Placed Learners¹⁰?
Salary growth¹¹: Difference between median annualized salary of first recorded offer after graduation from BloomTech and median annualized salary prior to joining BloomTech for learners who graduated in 2022 and secured a placement
Hiring locations: Where do BloomTech Placed Learners receive job offers?

Where relevant, we break down outcomes according to program (Full Stack Web Development, Data Science, and Backend Development).

BloomTech 2022 Outcomes Report

Graduation Rate¹²

Graduation Rate Addressable Population

The addressable population for the Graduation Rate is the 640 Starting Learners whose Original Expected Graduation Date was in 2022, the period from January 1, 2022, to December 31, 2022, regardless of when these learners actually graduated.

This population of 640 learners is comprised of 3 categories:

Those who withdrew from BloomTech
Those who are still enrolled at BloomTech, as of the Reporting Date
Those who graduated¹³ from BloomTech

We designed the BloomTech model to accommodate multiple pathways to graduation, rather than taking a “one-size-fits-all” approach. That means the program length can vary from one learner to the next. There are several factors that can result in a learner’s Actual Graduation Date¹⁴ being later than their Original Expected Graduation Date, such as repeating portions of curriculum, taking a break for personal reasons, or switching from full-time to part-time hours. We have intentionally designed our model to allow for this type of flexibility because we understand that each learner comes from unique circumstances and has different needs over the course of their educational experience.

Graduation Rate by Program¹⁵

Job Placement Rate¹⁶

Job Placement Rate Methodology

Our Job Placement Rate is calculated from the population of Starting Learners whose Actual Graduation Date was during 2022.

The addressable population of Starting Learners with an Original Expected Graduation Date in 2022 (640 learners) consists of three unique groups:

Learners who graduated (386 learners)
Learners who withdrew (169 learners)
Learners who are still enrolled (65 learners)

The 386 Starting Learners who graduated fall into one of three unique groups:

Learners who graduated in 2022 (311 learners)
Learners who graduated before 2022 (4 learners)
Learners who graduated after 2022 (11 learners)

The 311 Starting Learners with both an Original Expected Graduation Date and Actual Graduation Date in 2022 fall into one of two unique groups:

Job Seeking Learners (205 learners)
Non-Job Seeking¹⁷ Learners (106 learners)

Of these two groups, only Job Seeking Learners fall within the Job Placement RateAddressable Population.

The Job Placement Rate Addressable Population (250 learners) is composed of the following groups:

Learners who graduated in 2022, had an Original Expected Graduation Date in 2022, and are Job Seeking (206 learners)
Learners who graduated in 2022, had an Original Expected Graduation Date before 2022, and are Job Seeking (46 learners)
Learners who graduated in 2022, had an Original Expected Graduation Date after 2022, and are Job Seeking (2 learners)
Removing unverified/unpaid learners who graduated in 2022 (4 learners)¹⁸

Job Placement Rate Addressable Population

The addressable population for the Job Placement Rate is 250 learners with an Actual Graduation Date in 2022 and who were Job Seeking.

Job Placement Rate Results¹⁹

86%

Placement rate for 2022 job seeking BloomTech graduates

Job Placement Rate by Program²⁰

Time to Placement²¹

Time to Placement Methodology

Time to Placement is calculated for the population of learners who were placed in jobs as of the Reporting Date. Time to Placement represents the number of days from a learner’s Actual Graduation Date to Job Placement.
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Time to Placement is reported in 3 categories:

% placed as of 90 days from Actual Graduation Date
% placed as of 180 Days from Actual Graduation Date (includes % placed as of 90 days)
% placed as of Reporting Date (includes % placed as of 90 days, and as of 180 days)

Time to Placement Addressable Population

The addressable population for Time to Placement is 214 Placed Learners²² with an Actual Graduation Date in 2022 and who were Job Seeking.

Time to Placement Results²³

75%

of placed 2022 received a job offer within 90 days of graduation

Time to Placement by Program²⁴

Salary Outcomes²⁵

This analysis includes full-time salaried positions, as well as other types of work including long-term contracts, short-term contracts, and internship positions. Salaries for non-full-time roles have been annualized²⁶. All salaries are reported in U.S. dollars.
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Salary Outcomes Addressable Population
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The addressable population for Salary Outcomes is the 214 Placed Learners²⁷ with an Actual Graduation Date in 2022.

Salary Outcomes Results²⁸

Median Annualized Salary of Placed Learners²⁹

+$73,000

median salary for placed 2022 BloomTech learners

Median Annualized Salary Growth of Placed Learners³⁰

+$37,001

median salary increase for placed 2022 BloomTech learners (pre BloomTech vs post BloomTech)

Annualized Salary Distribution among Placed Learners³¹

salary distribution for all placed learners³²

91%

of placed learners received a salary of $50,000 or higher

Salary Distribution for Placed Learners in Full Stack Web Development³³

Salary Distribution for Placed Learners in Data Science³⁴

Salary Distribution for Placed Learners in Backend Development³⁵

Job Locations³⁶

Job Locations Addressable Population

‍‍
The addressable population for Job Locations is the Placed Learners with an Actual Graduation Date in 2022. Placed Learners whose Job Locations were not reported are reported below as Unknown.

Job Locations Results ³⁷

Job Locations are aggregated at the state level for non-remote, U.S.-based jobs. Positions that are remote in nature have been grouped into a separate Remote category.

Austen Allred, CEO

¹ TrueUp data on # of open tech jobs
² Of 250 learners with an Actual Graduation Date in 2022 and who were Job Seeking, 214 received a job offer as of the reporting date of August 16, 2023
³ Source: https://www.bloomtech.com/tuition/tuition-refund-guarantee
⁴ BloomTech’s 2023 Outcomes Report for 2022 Graduates covers learners who were scheduled to complete or graduated from a BloomTech program between January 1, 2022, and December 31, 2022
⁵A Starting Learner is a learner who progressed past BloomTech’s full refund period. This is defined as attending Day 1 of Unit 2 of coursework for learner who enrolled prior to March 31, 2022, and completion of the first 2 Sprints of Unit 1 of coursework for learners who enrolled on or after March 31, 2022
⁶ The date a learner is expected to graduate the program if they avoided repeating a unit or going on a hiatus; Unit is a combination of 4 sprints where each sprint is 40 hours worth of curriculum
⁷ Reporting Date: August 16, 2023
⁸A learner is considered Job Seeking if they are actively working with a Career Coach, are actively searching for a job using BloomTech Outcomes products, and/or have communicated to the Outcomes team that they are actively applying or searching for a job in a technical field.
⁹ BloomTech defines a learner as a student or alumnus of a BloomTech program
¹⁰ A Placed Learner is a learner whose Actual Graduation Date was in 2022 and who was subsequently placed in a job as of the Reporting Date
¹¹ Salary comparison of salary earned prior to joining BloomTech vs post-BloomTech first placement salary of learners who reported previous salary prior to attending BloomTech and got placed
¹²Management’s criterion for defining Graduation Rate is determined from the population of Starting Learners whose Original Expected Graduation Date is in 2022 and actually graduated as of the Reporting Date.
- Reporting Date: August 16, 2023
- Starting Learner: A learner who progressed past BloomTech’s full refund period.
¹³ Includes learners who accepted a technical position prior to completion of their program and met BloomTech’s graduation criteria.
¹⁴ The date when a learner successfully completes the final sprint of their program.
¹⁵ The addressable population for graduation rate calculations was 640 learners. Due to rounding, totals may not add up to 100%.
¹⁶ Management’s criterion for defining Job Placement Rate is the percentage of Job Seeking learners whose Actual Graduation Date was during 2022 that have secured a job placement as of the Reporting Date.
¹⁷ A BloomTech graduate who has been unresponsive to outreach, has explicitly indicated they are not pursuing a technical role, or has explicitly indicated they have paused their job search.
¹⁸ Learners who graduated in 2022, were placed into jobs, but BloomTech has either not been able to verify their job or they verified that they were placed into an unpaid job.
¹⁹ Of 250 learners with an Actual Graduation Date in 2022 and who were Job Seeking, 214 received a job offer as of the reporting date.
²⁰ The addressable population for Job Placement Rate calculations was 250 learners.
²¹ Management’s criterion for defining Time to Placement is determined from the Starting Learners whose Actual Graduation Date was during 2022 and were Job Seeking, how many of them were Placed within X days of graduation.
Starting Learner: A learner who attended day 1 of Unit 2 of the coursework
²² A learner whose Actual Graduation Date was in 2022 and who was subsequently placed in a job as of the Reporting Date of August 16, 2023.
²³ The addressable population for Time to Placement calculations was 214 Placed Learners.
²⁴ Time to Placement Results are shown cumulatively within a given column. Each row is a subset of the followingrows, so columns will not add up to 100%. For example, every placed learner who is counted in “within 90 days” isalso included in “within 180 days.”
²⁵ Management’s criterion for defining Salary Outcomes is determined from using the first Recorded Offer salary inUSD (converted to USD for non-US salaries). Jobs that are not paid via annual salary (e.g., hourly consultants, part-time, etc.) are annualized.
²⁶ BloomTech uses a standardized methodology to annualize all first placement offers.
- Unless otherwise stated explicitly in the offer, BloomTech assumes 40 hours per work week and 52
- For example, an offer for a non-full-time contract role at $20/hour is annualized as $20/hour * 40 hours/week* 52 weeks/year = $41,600
²⁷ A learner whose Actual Graduation Date was in 2022 and who was subsequently placed in a job as of the Reporting Date of August 16, 2023
²⁸The addressable population for salary outcomes calculations was 214 Placed Learners.
²⁹ Based on the first recorded offer of all Placed Learners with an Actual Graduation Date in 2022.
³⁰ Salary comparison of salary earned prior to joining BloomTech vs salary earned in first placement post-BloomTech for Placed Learners who reported previous salary prior to attending BloomTech.
³¹ Based on the first recorded offer of all Placed Learners with an Actual Graduation Date in 2022.
³² Of 214 Placed Learners, 91% received a first Recorded Offer salary of $50,000 or higher.
³³ There are 130 Placed Learners for the Full Stack Web Development program.
³⁴ There are 46 Placed Learners for the Data Science program.
³⁵ There are 37 Placed Learners for the Backend Development program.
³⁶ Management’s criterion for defining Job Location is determined from the location associated with the learner's first Recorded Offer.
³⁷ The addressable population for job locations calculations was 214 Placed Learners.

Download the Report

See past reports

Bloom Institute of Technology 2022 Outcomes Report

Letter from the CEO

How BloomTech Works

Flexibility

Curriculum

Career Support

Definition of Success

Methodology & Definitions

BloomTech 2022 Outcomes Report

Graduation Rate¹²

Graduation Rate Addressable Population

Graduation Rate by Program¹⁵

Job Placement Rate¹⁶

Job Placement Rate Methodology

Job Placement Rate Addressable Population

Job Placement Rate Results¹⁹

Job Placement Rate by Program²⁰

Time to Placement²¹

Time to Placement Methodology

Time to Placement Results²³

Time to Placement by Program²⁴

Salary Outcomes²⁵

Salary Outcomes Results²⁸

Median Annualized Salary of Placed Learners²⁹

Median Annualized Salary Growth of Placed Learners³⁰

Annualized Salary Distribution among Placed Learners³¹

salary distribution for all placed learners³²

Salary Distribution for Placed Learners in Full Stack Web Development³³

Salary Distribution for Placed Learners in Data Science³⁴

Salary Distribution for Placed Learners in Backend Development³⁵

Job Locations³⁶

Job Locations Addressable Population

Job Locations Results ³⁷

Download the Report

Learn more about BloomTech

How can I learn more?

Will BloomTech work for me?

Bloom Institute of Technology 2022 Outcomes Report

Letter from the CEO

How BloomTech Works

Flexibility

Curriculum

Career Support

Definition of Success

Methodology & Definitions

BloomTech 2022 Outcomes Report

Graduation Rate12

Graduation Rate Addressable Population

Graduation Rate by Program15

Job Placement Rate16

Job Placement Rate Methodology

Job Placement Rate Addressable Population

Job Placement Rate Results19

Job Placement Rate by Program20

Time to Placement21

Time to Placement Methodology

Time to Placement Results23

Time to Placement by Program24

Salary Outcomes25

Salary Outcomes Results28

Median Annualized Salary of Placed Learners29

Median Annualized Salary Growth of Placed Learners30

Annualized Salary Distribution among Placed Learners31

salary distribution for all placed learners32

Salary Distribution for Placed Learners in Full Stack Web Development33

Salary Distribution for Placed Learners in Data Science34

Salary Distribution for Placed Learners in Backend Development35

Job Locations36

Job Locations Addressable Population

Job Locations Results 37

Download the Report

Learn more about BloomTech

How can I learn more?

Will BloomTech work for me?

Graduation Rate¹²

Graduation Rate by Program¹⁵

Job Placement Rate¹⁶

Job Placement Rate Results¹⁹

Job Placement Rate by Program²⁰

Time to Placement²¹

Time to Placement Results²³

Time to Placement by Program²⁴

Salary Outcomes²⁵

Salary Outcomes Results²⁸

Median Annualized Salary of Placed Learners²⁹

Median Annualized Salary Growth of Placed Learners³⁰

Annualized Salary Distribution among Placed Learners³¹

salary distribution for all placed learners³²

Salary Distribution for Placed Learners in Full Stack Web Development³³

Salary Distribution for Placed Learners in Data Science³⁴

Salary Distribution for Placed Learners in Backend Development³⁵

Job Locations³⁶

Job Locations Results ³⁷