How to evaluate ROI across different IT Training models?

From the California Gold Rush to the computer boom to the latest cryptocurrency movement, human history has proven that it is early adopters who reap the maximum benefits from new opportunities. Identifying golden opportunities before others makes all the difference.

The world belongs to the early risers. The first worm… was eaten. -Norman Ralph Augustin
As new technologies emerge, they create demand for engineers and companies are willing to pay more. For example, PHP developers were well paid from 2005 to 2009, and as more and more PHP developers entered the market, the salaries dropped.

We’ve seen this happen in many technologies since the computer boom. Therefore, it is very important for us to be aware of the next technological goldmines and improve ourselves accordingly. And for that, training is needed. For most of our readers, the question is not should I train, but what kind of training model is best for me?
Training requirements vary from person to person, but they all require an investment of money, time or effort and today I will help you assess the ROI of IT training.

Training model 1: Self-learning
Self-study is a practical training model applied by all mankind since its inception. From nomadic times to the present day, the human tendency is to observe, learn, and grow. There is no doubt that we as individuals can learn a skill on our own.
Better to know than to know nothing.

Personally, I learn a lot from blogs, YouTube videos, and books. Since the freely available information is unstructured, it contributes only a small fraction of the relevant information.
Do not invest in the form of money
All learning resources are free:
Blogs and YouTube videos (online), books (offline)
The inconveniences

Freely available content is unstructured and sometimes incomplete
Not the best choice for professional study
Acquiring practical knowledge is a challenge; you will not be ready for this industry
steeper learning curve without outside help
Inability to discuss in groups and collaborate on ideas
Suitable for people with above-average intelligence

Just like athletes and athletes have high-performance coaches, even you need professional instructors who can structure concepts and streamline your understanding of concepts. that concept.
Training model 2: Training room
This is a traditional method used by humans for thousands of years. But it’s clear that this trend is changing, because today no one wants to travel far between heavy traffic and chaotic schedules. Yes, the output in this model is just as good, but is it worth it? When it’s time to change, it’s time to change.

Learn online, learn now!


More reliable and above all guaranteed learning
Doubts can be cleared up immediately
Discussion with other participants will contribute to further learning
More practical knowledge means more job opportunities

The inconveniences
Invest more energy and effort in going to physical class
World-class instructors are not guaranteed
World-class infrastructure is also not guaranteed

Well, you will invest more time in traveling than learning with this model than in online training. And your feedback here will be as good as an instructor’s in-person training and you can certainly expect better job prospects.
Training model 3: Self-recorded/recorded video
This is the most popular training model today, and the recorded videos are your training material. The time and effort spent learning is your biggest investment as recorded videos are your only source of learning. Doubts about concepts will leave you hanging and you will only learn half the concepts without any motivation.
Cheaper than online training and instructor-led classroom training
More flexibility as you can watch videos at your leisure
You can get recorded videos of the best instructors
The inconveniences
You will be in your comfort zone and will not be held accountable to anyone; so less studying
Any doubts that arise cannot be immediately cleared up; so learning is hindered
Very low global course completion rates (meaning you may not complete all courses)
You will get bored easily (because there is no sharing of experiences)
Very few opportunities to interact with the project
Only choose this model if you are a super genius or not too serious about your training. Moreover, the time and effort required for self-study will be a much larger investment than money.
Feedback in the form of learning is not good because you will not learn anything beyond the content contained in the video. Certifications have no value and you will always lack practical experience.

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