Some Coding Boot Camps Stumble in a Crowded Field [Fortune]
BlackRock, Inc. (BLK)
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Source: Fortune
The hype is fading for coding boot camps, for-profit U.S. schools offering graduates entry into the lucrative world of software development. Closures are up in a field now jammed with programs promising to teach students in just weeks the skills needed to get hired as professional coders. So far this year, at least eight schools have shut down or announced plans to close in 2017, according to the review website Course Report. Two pioneers in the sector, San Francisco's Dev Bootcamp and The Iron Yard of Greenville, South Carolina, announced in July that they are being shut down by their corporate parents. Others, including market leaders like General Assembly, a New York firm that has raised $120 million in venture capital, are shifting their focus to corporate training. Competition has begun to squeeze out players in a field now crowded with nearly 100 academies in the United States and Canada, more than double the number just three years ago. Many in the industry expect mo
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