Introduction

NxtWave is a tech educational startup that provides training in coding and programming. However, there has been quite a bit of debate online as to whether NxtWave is a legitimate institute or just a “fake” company looking to scam people. In this in-depth blog post, we’ll take a comprehensive look at NxtWave, examine the arguments on both sides of this debate, and try to determine if NxtWave is real or not based on available evidence.

Background on NxtWave

Some key background information on NxtWave:

• Founded in 2020 and headquartered in Bangalore, Karnataka. They claim to have trained over 50,000 students so far.

• Offers various coding bootcamp programs through their CCBP (Complete Coding Bootcamp Program) curriculum. Their most popular program is CCBP 4.0 which teaches full stack web development.

• Courses are delivered fully online through their learning management system. They have a network of over 500 mentors to provide support and conduct live coding classes.

• The CCBP 4.0 program takes around 6 months to complete and costs ₹30,000 (around $375 USD). NxtWave claims to offer 100% job placement assistance upon course completion.

• They have a active social media presence on platforms like YouTube, LinkedIn, Instagram where they publish student success stories and marketing content.

So in summary, NxtWave positions itself as an affordable alternative to traditional coding colleges by offering an online bootcamp program with job placement assistance. However, some key questions remain regarding their legitimacy that we’ll explore further.

Argument that NxtWave is a Legitimate Institute

There are some arguments made that suggest NxtWave could be a legitimate educational institution:

Positive Student Reviews

On platforms like Google Reviews, Quora, LinkedIn there are reviews from alleged past NxtWave students who claim to have learned valuable skills and some who say they received job offers upon completion.

For example, on Quora there are answers from users who say their NxtWave experience was good and they are now successfully working as software developers. However, it’s difficult to independently verify these claims.

Large Student Base

NxtWave publicly claims to have trained over 50,000 students so far which would require a significant infrastructure and investment. It seems unlikely a fully “fake” company could sustain such large class sizes and numbers over a long period of time without being caught.

Social Media Presence

The company invests heavily in content creation through YouTube channels, blogs and has a large following on LinkedIn and Instagram. They post regular student interviews and project showcases. This level of persistent online marketing indicates they are attempting to establish legitimacy.

Industry Advisories/Partnerships

NxtWave claims to have advisories with large tech companies like Netapp, Intel and Workday which lends them credibility. However, once again these associations can’t be independently verified.

So in summary, if these claims are to be believed – NxtWave’s sizeable operations, social media presence and industry partnerships point towards them being a legitimate online education provider. But how reliable are these claims? Let’s explore the counter arguments.

Argument that NxtWave is a Fake/Scam Institute

On the other hand, there are reasonable doubts raised about NxtWave’s legitimacy based on the following concerns:

Fake/Paid Reviews

It’s possible at least some of the positive reviews could be fabricated either directly by NxtWave or purchased through third party review services. There is no way to truly verify the authenticity of individual reviewers.

No Proper Accreditation

Unlike reputed colleges, NxtWave lacks any credible national/international accreditations which raises doubts about quality control and standardization of their programs.

No Transparent Refund Policy

Their terms and conditions are vague about refunds in case of withdrawal or non-placement. This leaves enrolled students with no safeguards in case of any program deficiencies.

Overblown Placement Claims

Stories of students getting jobs at top companies like Amazon, Microsoft are difficult to verify and sound rather aspirational/exaggerated especially without proper documentation.

Incomplete Course Content

Many former students allege the actual curriculum and mentor support quality is below par compared to marketing claims. Core topics are glossed over or incomplete.

Class Dropouts

A majority of enrolled students reportedly drop out midway, reflecting poor program structure and execution not living up to initial promises.

Limited Online Presence

Despite claims of scale, their website and online portfolios lack detailing and transparency expected of established education companies.

So in short, in the absence of any regulatory oversight or credible reviews, NxtWave’s institutions and claims cannot be conclusively assessed as entirely legitimate. There remain too many unanswered doubts.

Evaluating NxtWave’s Business Model

Let’s analyze NxtWave’s business model which could provide more context into claims of it being a fake/scam operation:

• Low upfront costs: Being an online only model keeps initial infrastructure and overhead very low. This allows optimizing costs at the risk of student/quality tradeoffs.

• High enrollment targets: Aggressive marketing enables achieving ambitious targets but quality often suffers with scale without robust systems and oversight in place.

• Reliance on refund-less payments: Collecting the entire course fee at once with no/vague refunds minimizes risks for the startup’s cash flows. But it leaves students with no recourse.

• Over-reliance on placements: Job placements become the main student value proposition and key revenue driver versus student learning itself. This incentivizes inflated claims lacking transparency.

• Lack of transparency: Absence of open disclosures on outcomes, placement data, accreditations, policies indicate the business prioritizes high-velocity growth over building long-term credibility.

So in essence, NxtWave’s model seems geared more towards high-paced expansion and collecting