Microskills San Diego Computer Certification School
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Microskills San Diego Computer Training School
Microskills update
The San Diego Daily Transcript reports that leading San Diego computer education institution Microskills' owner Firouz Memarzadeh's other company, PARS Assets, has sold the complex at 7340 Miramar Rd that this computer school has been using since its inception. What does this mean for Microskill's future? Is it worth Firouz's time and energy to maintain this asset now his overriding interest in the real estate it sits upon is gone? On the PARS Assets web site, they claim:
An affiliated company, MicroSkills San Diego LP, owns and operates a computer training school currently located in San Diego California with a valuation in excess of $65,000,000.
That is an awful lot of money. Take all the hardware, computer equipment and furniture and you MIGHT come up with three million. Is the reputation and revenue potential of the school worth another $62,000,000? I'd like to have a cap rate of about 10% in an investment. Assuming it costs nothing to run the school, then I would need $6 million in enrolments, about 300 students. That is 25 a month. It would be interesting to conduct an analysis of it all.
New Feedback
February 20, 2005. Here is an interesting note from a former student at one of San Diego's more high profile computer education schools, Microskills.
I noticed early on in my track at Microskills that most of the upper division courses had only three or four students in them. This caused me to put the question to one of my instructors as to the percentage of Microskills students that actually finish their course track and get certified. I could not get a straight answer out of him, but my guess is around 25% since our track started with 16 students and each classroom had 16 workstations. I speculate that all the courses begin with sixteen students as mine did, but as the fire hose becomes to much for some of the students to drink, they drop out. I also speculate that it was common for students to dropout early in the course track and a scheme was devised to get more money out of them.
The track I signed up for started off with the A+ cert followed by the N+, then the MCSE, and finally the CCNA. My guess is that once students were expected to do one MCSE cert every other week, most of them couldn't hack it, so they started dropping out and getting a refund for 75-80 percent of their tuition. I think in an effort to get around this, easier courses were added at the start of the track and in between the A+ and the N+ to lengthen students' enrollment and raise their tuition.
I come to my first day of A+ training to find out that it wasn't going to start for two more weeks. Instead, a very fun and outgoing instructor starts to teach a computer history course. The next week was a good for nothing lab and then we started the A+. After both A+ courses, we were supposed to start N+, but instead they began two XP helpdesk courses that are not part of the MCSE. The additional courses were brought in "last minute" as a "free add in" that would supposedly better prepare students for the rest of the coursework. All those courses really did was allow Microskills the opportunity to bill for three more stand-alone courses at nearly 1k6 a pop when the student drops the track. I doubt anything additional was added to the 20k tuition of those few who were able to finish the track, but I believe these courses were added in an effort to get more "juice" from the 75% who tend to drop out.
I am currently attempting to receive a refund for the courses that have been charged to my account, but that I did not sign up for. I will keep you posted. Thanks for what you are doing
The State of California would be very interested in a couple of points raised by this student. One, the drop out rate would appear to exceed BPPVE maximums by quite a stretch. Two, the school seems to be inserting unapproved classes into the curriculum. Here is another email we received about the same school.
I am a Microskills victim. I attended this school, not knowing what I was getting into. I obtained my A+, Network +, and Server+ certifications. I attempted the MCSE track and the LPIC track. The instuctors read from a cheap book that they overcharge for. Anyone can read out of a book, doesn't make a good teacher. I agree the field is oversaturated.Please withold my id for fear of being tracked down. Their succes rate is 20%. I wish I knew everything I know now about their school. Thanks for your website educating other victims about this school. I hope to pay off my debt before I die, but I doubt it. Rember a good school will allow you to talk to former graduates and get their opions. Also Microskills has bought up all the site names that somone could use to slander their name. Microskills sucks, etc.Only a couple of my friends in the class made it through,out of about 20 that started.Please let me know if anyone has gotten their money back or didn't pay their loans off because they felt abused. What are my legal rights?
Feel free to contact any other attorney or the BPPVE if you think you have been the victim of an education ripoff. We here choose to remain strictly neutral when it comes to recommending a course of action. We just want to inform you of your options before you enroll at these schools, and tell you of avenues of compensation that you may follow if you think you have been ripped off.
For those feeling nostalgic about Microskills, you can find a mirror of their old site here. |
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