Flatiron School

2018 Online Outcomes Report

For students who completed the Online Web Developer Program between November 15, 2015 and December 31,
2017.

Our mission is to enable the pursuit of a better life through education. For over five years, Flatiron School has
helped students achieve that goal by preparing them for careers in software development. Over one thousand
students have trusted us with their futures – a responsibility we do not take lightly.

In 2014, we released our first independently-verified jobs report, pioneering the concept of outcomes reporting
and setting a standard of transparency in educational outcomes. As we have grown – and pushed to expand
accessibility to our programs through our fellowships and online programs – we have remained as committed as
ever to these strict standards, releasing fully verified outcomes reports that include every single graduate of our
career-focused programs.

Higher education should help people find their life’s passion and expand their horizons – while also providing
a path to a sustainable career that enables them to build a life. Students should have access to clear, robust,
and trusted educational outcomes data necessary to make well-informed decisions about their educational
investments. We’re proud to continue to serve our students and the industry at large by putting outcomes first.

You can download full details of our past outcomes reports.

Examined by MFA- Moody, Famiglietti & Andronico, LLP.

To the Management
Flatiron School
11 Broadway, Suite 260
New York, NY 10004

INDEPENDENT ACCOUNTANT’S REPORT

We have examined management’s assertions that the accompanying Flatiron School 2018 Online
Outcomes Report (the “Report”) for the period November 15, 2015 through December 31, 2017 is
presented in accordance with the criteria set forth in the Management Statement Regarding Assertions
Related to Flatiron School’s Online Web Developer Program Outcomes and Program Completions. The
MFAFlatiron School’s management is responsible for the assertions. Our responsibility is to express an
opinion on the assertions based on our examination.

Our examination was conducted in accordance with attestation standards established by the American
Institute of Certified Public Accountants. Those standards require that we plan and perform the
examination to obtain reasonable assurance about whether management’s assertions are fairly stated, in
all material respects. An examination involves performing procedures to obtain evidence about
management’s assertions. The nature, timing, and extent of the procedures selected depends on our
judgment, including an assessment of the risks of material misstatements of management’s assertions,
whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to
provide reasonable basis for our opinion.

In our opinion, management’s assertions referred to above are fairly stated, in all material respects, based
on the criteria set forth in the Management Statement Regarding Assertions Related to Flatiron School’s
Online Web Developer Program Outcomes and Program Completions.

Moody, Famiglietti & Andronico, LLP

Tewksbury, Massachusetts
August 22, 2018
Management statement regarding assertions related to Flatiron School’s
Online Web Developer Program outcomes and program completions.
We, as management of Flatiron School (the “School”), are responsible for the assertions made in preparing
Flatiron School 2018 Online Outcomes Report (the “Report”) for students who completed the Online Web
Developer Program between November 15, 2015 and December 31, 2017. Program completion is defined as the
earlier of 1) graduation from the course or 2) job acceptance.

The Report is intended to provide readers with information about historical job placement statistics and metrics
for students who completed Flatiron School’s Online Web Developer Program. We confirm, to the best of our
knowledge and belief, the following assertions:

Addressable Population

1. The addressable population of 229 students is the number of students who completed the program between
November 15, 2015 and December 31, 2017.

2. Women represent 31% (72) of students in this report, men represent 68% (156) of students in this report, and
Non-binary / Third Gender students represent <1% (1) of students in this report.

3. Of 229 addressable students, highest degree was as follows:

a. 21% (48) had completed a Master’s or Doctorate degree

b. 63% (144) had completed a Bachelor’s degree
c. 15% (34) had completed an Associate’s degree, technical or vocational training, or some college credit
without earning a degree
d. 1% (2) had completed a high school diploma, and no college credit
e. Data was not available for 1 student (<1%) in the addressable population.

4. Of 229 addressable students included in this report, 213 graduated from the course.

a. 7% of students in this report (16) accepted a job before graduating the course, and have not yet
graduated as of the compiling of this report
b. Of 213 graduates, average time to complete the course was 256 days (8.5 months).
i. 6% (13) graduated in 120 days (4 months) or less
ii. 15% (33) graduated in 150 days (5 months) or less
iii. 32% (69) graduated in 180 days (6 months) or less
iv. 46% (98) graduated in 210 days (7 months) or less
v. The remaining 54% of students (115) took 211 days (7 months) or more to graduate.
 c. 212 students graduated from the course and did not receive full scholarships. Those students had an
average tuition bill of $6,528. One student received a full scholarship.

5. Of 229 total addressable students, their regional distribution throughout the United States was as follows:

a. 46% (106) in the Northeast

b. 17% (40) in the West
c. 13% (29) in the Southeast
d. 10% (24) in the Midwest
e. 7% (16) in the Southwest
f. 6% (14) were international students located outside the United States.

Employment Outcomes

6. Of 229 total addressable students,

a. 184 students (80%) had completed a Job-Search Cycle1

b. 40 students (17%) were defined as not job-seeking
i. Of the students who have opted out of or were not job-seeking, 9 were not job-seeking for
personal reasons such as illness, moving abroad, or other relocation, 1 chose to pursue further
higher education programs, such as Bachelor’s or Master’s degrees, 1 was unresponsive to
outreach from our Career Services team2, 3 chose to pursue non-engineering roles, 11 were
not eligible for career services support under our terms of service3, 2 returned to their previous
employer, 4 became entrepreneurs, 3 opted out from receiving career services support, and 6
accepted non-coding or unpaid jobs before completing a Job-Search Cycle and chose to stop
job-seeking.
c. 5 students (2%) had not yet completed a Job-Search Cycle as of the compiling of this report

7. Of 184 students who completed a Job-Search Cycle, job placement data was available for 182 (99%).

Of the 182 students for whom job placement data was available, 94% (171) accepted a job offer4. 6% (11) had
not accepted a job as of the compiling of this report.

1  A Job-Search Cycle is defined as at least 180 days of continuous job-seeking culminating in either:
• acceptance of a qualifying job offer, or
• acceptance of a non-qualifying job offer and choosing to stop the job search
• election to continue the job search, or
• election to cease the job search
2  To be considered unresponsive for the purposes of this Report, a student must be unresponsive to at least three direct e-mail communications from the Ca-
reer Services team over at least 30 days, the last of which states that, should a student not respond to that communication, they will be considered not job-seeking
due to unresponsiveness.
3  Terms of service include being 21 years of age or older and legally authorized to work in the United States for at least two (2) years consecutively beginning
at the date of your completion of the program. Read the full terms.

4  For the purposes of this report, a job is defined as employment that is:
• paid
• at least 20 hours of work per week
• anticipated to be at least three months in duration at the time of job acceptance
8. Of 182 students for whom job placement data was available, time to job placement was as follows5:

a. 32% (58) had accepted a job within 30 days

b. 47% (85) had accepted a job within 60 days
c. 74% (134) had accepted a job within 120 days
d. 86% (156) had accepted a job within 180 days
e. 94% (171) had accepted a job within 365 days
f. 6% (11) had not accepted a job as of the compiling of this report.

9. Of 171 students who accepted offers, job structure was as follows:

a. 72% (123) accepted a full-time salaried role6

b. 26% (45) accepted a full-time contract, internship, apprenticeship, or freelance role7
c. 2% (3) accepted part-time work equating to more than 20 but less than 30 hours per week, and chose
to stop job-seeking8

10. Of 171 students who accepted offers, compensation data was available for 165 (96%) students.
Compensation data was not available for 6 (4%) students. Of 165 students for whom compensation data was
available, compensation was as follows:

a. Average starting salary for a full-time salaried role was $66,774

b. Average pay for a full-time contract, internship, apprenticeship, or freelance role, or part-time work,
was $28 per hour9

11. Of 171 students who accepted offers,

a. 85% (145) were in Software Engineering

b. 8% (13) were in Technical Teaching
c. 5% (8) were in Technical Product or Project Management
d. 3% (5) were in other technical disciplines, or employed in more than one technical discipline
simultaneously

12. Of 171 students who accepted job offers, company size data was as follows:

a. 41% (70) accepted jobs at small companies, with 50 or fewer employees.

b. 31% (53) accepted jobs at medium companies, with 51 - 500 employees.
c. 26% (45) accepted jobs at large companies, with 501 or more employees.
d. 2% (3) of students were employed by multiple companies simultaneously.

5  A Job-Search Cycle is considered to have begun at the later of:

• job acceptance prior to having declared a Job-Search start date, or
• direct communication with the Career Services team indicating a Job-Search start date within 90 days of graduation from the program
6  A full-time salaried role is defined as paid employment consisting of at least 30 hours of work per week, that is paid on an annual basis and does not have a
set duration at which the position is understood to have been completed (i.e., the anticipated employment duration is indefinite at the time of job acceptance).
7  A full-time contract, internship, apprenticeship, or freelance role is defined as paid employment consisting of at least 30 hours of work per week, that is paid
on an hourly, weekly, or monthly basis and is anticipated to be at least three months in duration at the time of job acceptance.
8  A part-time role is defined as paid employment consisting of at least 20 but less than 30 hours of work per week, and anticipated to be at least three months
in duration at the time of job acceptance.
9  Hourly rates are calculated based on a 2,000 hour work year.
Flatiron School
By

Adam Enbar, CEO Avi Flombaum, Dean

8/22/2018 8/22/2018

Date Date
EMPLOYMENT OUTCOMES

94 %
Placement Rate
171 of 182 job-seeking students, for whom job data
was available, accepted a job offer

Average starting salary for a full-time salaried role $ 66,774

TIME TO ACCEPTED JOB
Of 182 job-seeking students for whom data was available, time to offer acceptance was as follows:

32 % 47 % 74 % 86 % 94 %
in 30 days in 60 days in 120 days in 180 days in > 180 days

JOB FUNCTION
Of 171 job-seeking students who accepted job offers, for whom job data was available,
job functions were as follows:

8% Technical
Teaching (13)
Software 85%
Engineering (145) 5% Technical Product or
Product Management (8)

3% Other technical disciplines,

or employed in more than one
technical discipline
simultaneously (5)
EMPLOYMENT OUTCOMES
JOB STRUCTURE AND COMPENSATION RANGES
Of 171 job-seeking students who accepted job offers, for whom job data was available,
job structure and compensation was as follows:

28%
Average Full-time Salaried Role (123)
$28/hour
Contract, Internship, Apprenticeship, Part-time or
Freelance Role (48)
All reported jobs are paid positions

Average
$66,774/year

72%

DIVERSITY AND ACCESSIBILITY

GENDER BREAKDOWN ACCESSIBILITY

MALE NON-BINARY FEMALE Of 212 students who graduated from
68% <1% 31% the course and did not receive a full
scholarship:

The average tuition bill was:

= Male = Non-binary = Female $6,528

COMPANY SIZE
Of 171 job-seeking students who accepted offers, for whom company size data was available,
company size was as follows:

41% 31% 26%

accepted jobs at small accepted jobs at medium accepted jobs at large
companies (<50 employees) companies, with 51 - 500 employees companies, with 501
or more employees

2% of students were employed by multiple companies simultaneously

EMPLOYMENT OUTCOMES
EDUCATIONAL BACKGROUND
Of 229 addressable students, highest degree was as follows:

21%
Master’s or Doctorate Degree

15% Associate’s degree, technical or

vocational training, or some college
63% credit without earning a degree
Bachelor’s Degree

High school diploma,

1% and no college credit

<1% Data not available

REGIONAL DISTRIBUTION
Of 229 total addressable students, their regional distribution throughout the United States was
as follows:

46%
17% 10%

7% 13%

West Midwest Northeast Southeast Southwest