Last updated: January 19, 2024

You may have heard about crazy ransomware attacks on hospitals or casinos, or various other hacking scandals in recent news. In an era where digital threats are as real as they come, cybersecurity has become more than just a buzzword—it's a necessity. As we navigate through the ever-evolving digital landscape, we're seeing a lot of Dreambound users wondering if cybersecurity classes are worth it in 2024. This post aims to share a balanced perspective, offering insights into the current state of the cybersecurity field and the value of pursuing education in this area.

Why Cybersecurity classes are worth it in 2024

More in demand than software engineering right now: You may have heard of a lot of layoffs at Facebook, Google, etc. There are so many junior software engineers in the job market right now, but there still aren't enough junior cybersecurity specialists. And, companies all over the world are facing an unprecedented rise in cyber threats. By taking cybersecurity classes, you're positioning yourself at the forefront of a field that's not just relevant, but essential.

You can stand out by learning Cybersecurity + AI: Much like coding bootcamps incorporating AI, cybersecurity education is also evolving. Some new cybersecurity courses now integrate AI concepts, allowing you to stand out from even more senior cybersecurity specialists. You may have heard of "prompt engineering" which makes tools like ChatGPT output better content for your needs. There's also prompt security -- where companies want to make sure that if they are using their own version of ChatGPT that they aren't leaking their own data.

Job availability in stable industries: Unlike the fluctuating job markets in other tech sectors, cybersecurity roles are consistently in demand across various industries. Governments, healthcare organizations, financial institutions, and more are on a constant lookout for cybersecurity experts. This broad spectrum of opportunities means that cybersecurity skills have become universally valuable and transferable across sectors.

Cybersecurity skills are also foundational and long-lasting. The principles of securing digital assets and understanding cyber threats are applicable today and will remain relevant as technology evolves. This timeless aspect makes investing in cybersecurity education a wise decision for long-term career growth.

Different paths to specialize in: Cybersecurity isn't just about defending against threats; it offers diverse and dynamic career paths. From ethical hacking to information security management, the field presents numerous avenues for specialization, each with its own set of challenges and rewards. Such diversity not only keeps the field interesting but also opens doors to higher earning potential and career advancement.

Online bootcamps available: Post-COVID, the shift towards online and flexible learning formats has made cybersecurity education more accessible than ever. With options ranging from full-time bootcamps to part-time online courses, there's a learning path for everyone. This flexibility allows individuals to balance their education with other commitments, making it easier to break into or advance within the field.

Why Cybersecurity classes might not be worth it in 2024

In a world where the value of education is often unquestioned, it's important to consider the other side of the coin—especially when it comes to something as nuanced as cybersecurity classes in 2024. Let's dive into some reasons why these classes might not be the best investment for everyone and things to consider before taking the plunge.

1. Job market is starting to get competitive: The field of cybersecurity is expanding, but it's also becoming increasingly competitive. Just having a certificate from a cybersecurity class doesn't guarantee a job. You'll be competing with college graduates and experienced professionals who might be transitioning into cybersecurity. It's crucial to inquire about employment rates of past students and how the program adapts to current job market trends. From what we've seen, though, it's still early days and employment rates are very high. It's definitely not as hard to get a cybersecurity job compared to a junior developer role right now.
2. You'll need to like it and be good at it to get a job: In cybersecurity, more than other fields, your skillset matters more than who you know. It's closer to a trade than an art; if you aren't able to do the work or find that it's not for you, you might have a hard time finding a job. Building a strong professional network and having a portfolio of practical experience can be critical. While some programs offer career support or internships, not all do. Relying solely on coursework without these opportunities might not be sufficient.
3. Cost: Cybersecurity education can be expensive, and with fluctuating financial markets, loan interest rates could be higher and approval rates could be lower. Income Share Agreements, where you pay tuition only after securing a job, are becoming less prevalent. We're seeing some bootcamps stop accepting as many students because of this issue too. But on the bright side, we do see there are some affordable options out there that could be good fits for you.

How to make a decision

Understanding your personal situation

1. Timeline: How quickly do you need to develop cybersecurity skills? If you're looking to make a quick career switch or upgrade your skills urgently, a fast-paced bootcamp might be the way to go. However, if you have more time, you might opt for a slower, more thorough learning path at a local technical college.
2. Financial resources: Consider the cost of the program and your current financial situation. Are you ready to invest a significant amount upfront, or would a pay-after-placement model work better for you? Remember, cheaper options might exist, but they may not offer the same depth or quality of learning. With higher interest rates right now, it's harder to get approved for a loan, and if you do, you may need to pay a lot more in interest. But, if you're able to increase your income substantially it's worth it.
3. Balancing commitments: Assess your ability to juggle the cybersecurity class with your current job or personal responsibilities. Full-time programs demand more time and focus, which might not be feasible if you're already working full-time or have other significant commitments.
4. Dreambound: Use platforms like Dreambound to compare class lengths, costs, and availability in your area. This can help you find a program that fits your specific needs and constraints.

Evaluating your learning style:

• Self-Study vs. structured learning: Cybersecurity, unlike some other tech fields, might not have as much free or low-cost content readily available. This means if you're leaning towards self-study, you'll need to be more proactive in curating your curriculum and seeking out resources. Consider whether you've been successful with self-study in the past. If not, a structured program that offers a clear path and support might be more beneficial.
• Hands-on experience: Practical experience is crucial in cybersecurity. Determine how you'll gain this hands-on experience. Will the program you choose provide real-world scenarios, or will you need to seek out internships or personal projects?
• Online vs. in-person: Online courses offer flexibility and are often more affordable, but they require a high level of self-discipline. In contrast, in-person classes can offer more direct support and networking opportunities. Consider which format aligns best with your learning preferences and lifestyle.

Exploring other tech fields:

1. Assess your interests and skills: Before committing to cybersecurity, consider if your interests or existing skills align more closely with other growing tech fields like software development or data analytics. These areas might offer different challenges and opportunities that could be more in line with your career aspirations.
2. Versatility of skills: Some skills are transferable across different tech domains. For instance, if you have a background in software development, branching into cybersecurity might be a natural transition. Alternatively, if you're starting fresh, think about which field excites you the most and aligns with your long-term goals.
3. Job market trends: Research the job market trends in your area or the area where you intend to work. Some regions might have a higher demand for specific tech roles. Understanding these trends can help you make a more informed decision about which field to pursue.

So, are cybersecurity classes worth it in 2024? It depends. If you're prepared to navigate a competitive job market, work hard to build skills, and possibly face a lengthy job search, these classes can be valuable. However, if these challenges seem daunting, or if the financial investment is a concern, you might want to explore other learning paths or stay in your current role while upskilling. Cybersecurity is a field with great potential, but it's not a one-size-fits-all solution.