Lambda School combines academic theory and real-world experience to train students for the following careers in tech:
While the company is based in Silicon Valley, California, all classes are conducted remotely. Some cities have local meetups and gatherings for Lambda students nearby.
Lambda offers a full-time training program for students who can devote their full attention to their training but also has part-time options for students with jobs or other commitments currently. Lambda’s nine-month, full-time program includes 32 weeks of live, online instruction followed by eight weeks of career prep. Lambda’s part-time programs are five days a week with varying hours.
Lambda’s goal is to help students launch a new career in just nine months. To that end, the organization has a full team dedicated to career development. This team helps students with the following:
Rather than demanding the $30,000 tuition payment upfront, Lambda School uses an Income Share Agreement (ISA) model. Here’s how it works: you don’t pay any tuition until you get a job making at least $50,000 per year. At that point, you pay 17 percent of your gross salary for 24 months.
If you land a high-paying job, your total payment to Lambda School is capped at $30,000, even if you haven’t made 24 payments yet.
After 60 months of deferred payments, you don’t need to pay anything more, or anything at all if you never found a job.
This is both a positive and a negative. The rigorous application process enhances the reputation of program graduates. However, only 7 percent of applicants are accepted to each cohort, so you can’t bank on Lambda School as your game plan for tech training until you know you’re admitted.
A Lambda School program may be challenging for individuals with a full-time job or other commitment.
This program is not a flexible training set-up with pre-recorded videos that you complete on your own time. Live video includes instruction, cross-team collaboration, and assignments. Lambda School requires students to attend 95 percent of the live course hours to graduate.