

If a theoretical data scientist is somebody who’s mastered the art of extracting and analyzing large datasets, an applied data scientist is someone who can put that mastery into real-world practice. They’re insight specialists. And those insights come using techniques like machine learning and data mining to parse through extensive datasets to find patterns and outcomes.
As a prospective Master of applied data science, you may wonder if this career path is the right choice for you. It is, as long as you want to be part of a growing industry. According to Precedence Research, the data science industry is expected to achieve a compound annual growth rate (CAGR) of 16.43% between 2022 and 2030. That CAGR translates into growth from $112.2 billion in value (approx. €103 billion) to $378.7 billion (approx. €349 billion).
That growth alone demonstrates why getting an applied data science MSc could be valuable to your career prospect. Let’s look at three of the top courses on offer to European and international students.
Top MSc Programs in Applied Data Science – Our Criteria
Before digging into the best Master applied data science programs, it’s important to establish the criteria we’ve used to make our selections. The following five factors play a role:
- Reputation and ranking – While overall university rankings denote the quality of an establishment, we’re more interested in the reputation the specific course has in the industry.
- Curriculum and Sspecialization – What will you study and how will the topics you delve into lead to further specialization? We aim to answer both questions for our selections.
- Faculty expertise – When analyzing faculty expertise, we’re looking for a combination of experienced educators and mentors with real-world experience in data science work.
- Industry connections and partnerships – You want to use your MSc in applied data science to find work. A university that has strong connections to industry leaders (either through faculty or partnerships) can propel you forward in your career.
- Career support and alumni network – Speaking of connections, a good alumni network exposes you to peers who can help your career. Combine that with in-house career support from the university, and you get a course that offers more than a basic education.
Top MSc Programs Explored
After applying the above criteria, we’ve come up with a list of three Master of applied data science programs to pique your interest.
Program 1 – Master in Applied Data Science & AI (Open Institute of Technology)
Available as a fully online course for those who value self-learning, the Open Institute of Technology’s (OPIT’s) program lasts for 18 months with costs starting from €4,950. There’s also a fast-track option available for those who can commit to more extensive studies, with that program offering the same degree in just 12 months.
The educational aspect of the course is divided across two terms. In the first term, you’ll focus primarily on principles and techniques in areas such as Python programming, machine learning, and how to use data science to solve business problems. The second term gets more practical as you start to focus on applications of data science (and AI) in the real world before digging into the ethics behind your work.
As for credentials, OPIT is an accredited institution under the European Qualification Framework and its MSc was created by Professor Lorenzo Livi. Serving as program head, Livi brings the expertise he’s developed through teaching and research at both the University of Exeter and the University of Manitoba to the program.
It’s this focus on attracting international faculty that’s the most attractive part of the course. Beyond Livi, the faculty includes professors from institutions as diverse as the University of California, University of Copenhagen, Microsoft, and the Naval Research Laboratory. This mix of academic excellence and professors with real-world experience can lead you to exciting career opportunities and connections.
Program 2 – Master of Science in Data Science (ETH Zurich)
Ranked as the ninth-best computer science university in the world by Research.com, ETH Zurich has a program that stands out thanks to its Data Science Laboratory. This dedicated facility allows students to utilize their theoretical knowledge on simulated practical problems. Process modeling and data validation get put into practice in this lab, all under the oversight of an experienced mentor.
Speaking of faculty, several members of ETH Zurich specialize in teaching data science in relation to the medical field. Both Gunnar Rätsch, a full professor at the university, and Julia Vogt, an assistant professor can directly aid students who wish to apply their data science expertise to medicine.
Career support comes in the form of a dedicated Career Center, which serves as a central hub for students and the companies with which the university partners. ETH encourages partnership through industry events, such as its Industry Day, which encourage local and national businesses to meet with and discuss the work of its students. These events may prove vital to starting your data science career before you’ve even completed your Master of applied data science.
Coming back to the program, it’s a two-year full-time course through which you’ll earn 120 credits per the European Credit Transfer and Accumulation System (ECTS). Prospective students need to have at least 180 ECTS credits from a relevant Bachelor’s degree, such as a BSc in computer science or mathematics. The program costs CHF 730 (approx. €749) per semester, with the option to make voluntary contributions to things like the university’s student union and its Solidarity Fund for Foreign Students.
Program 3 – MSc Data Science (IU International University of Applied Science)
Our final program takes us to Germany and one of the most flexible applied data science MSc programs in Europe. Offered in conjunction with London South Bank University, this program results in graduation with a dual degree with both German and British accreditation. You have a choice between taking the two-year program for €556 per month or a pair of part-time programs. The first of the part-time options lasts for 36 months, costing €417 per month, with the second being a 48-month course costing €329 per month.
The course itself focuses primarily on current developments in the data sector, with modules on Big Data, infrastructure engineering, and software development included. The first semester introduces you to machine learning and deep learning concepts, in addition to offering a model engineering case study so you can get your feet wet with applied data science. The second semester makes room for specialization, as you choose an elective that may focus on Big Data, autonomous driving, or smart manufacturing methods.
Faculty members include Professor Thomas Zoller, who oversees the university’s BSc in data science program in addition to contributing to its Master’s program. His expertise lies in machine learning in the context of image processing, in addition to the use of AI and advanced analytics in digital transformation.
As you move closer to wanting to start your career, IU International’s Career Office comes into play. It holds weekly group career talks, both online and on-campus, in addition to daily slots for one-to-one chats with advisors over Zoom or email. You also get access to the university’s Jobteaser platform, which puts you in direct contact with potential recruiters.
Factors to Consider When Choosing an Applied Data Science MSc
The three programs highlighted above each offer a combination of a stellar education and industry connections that help you to get your data science career started. But if you want to do further research into applied data science MSc programs, these are the factors to consider.
Your Personal Goals
Though it may seem obvious to state, your personal goals play a huge role in your decision. For example, somebody who wishes to work in the medical field may favor ETH Zurich’s offering due to the expertise of its faculty, whereas that course may not be the best choice for those interested in finance. Think about what you want to achieve and which program aligns with those goals.
Program Cost
A Master of applied data science doesn’t come cheap. Most courses cost several thousand euros, though you’ll often find that online courses are more manageable from a cost perspective. Consider the program cost and research financial aid options, such as those highlighted on the EURAXESS portal, when making your choice.
Program Format
A full-time MSc in applied data science may be great for a young student with no other commitments. But it won’t work so well when you’re trying to fit your education around work, life, and your family. Think about the time commitment the program asks of you. Many find that a part-time or self-learning-driven online course is easier to fit around their schedules than a full-time on-campus program.
Location and Campus Facilities
If you opt for an online course then location isn’t an issue – you can study from home. But those studying on-campus have to consider the location (is the university situated in a business hub, for example) and the facilities offered on-site to help them further their data science careers.
Networking Opportunities
Networking opportunities can come in many forms in a Master of applied data science program. Faculty is the obvious source of connections, with many educators having worked (or still working) directly in the industry, but don’t underestimate the connective powers of your peers. Furthermore, take advantage of any career support facilities your university offers to get yourself in front of prospective employers.
Get Your MSc in Applied Data Science
Think of choosing an applied data science MSc in the same way you’d think about making an investment. You want that investment (both in time and money) to offer a suitable return. The three programs listed here offer superb qualifications and give you the real-world experience needed to forge a career in the applied data science sector. Choose the program that suits your needs, or, use the advice provided to research other programs that are closer to home or more in line with your career goals.
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Open Institute of Technology (OPIT) masterclasses bring students face-to-face with real-world business challenges. In OPIT’s July masterclass, OPIT Professor Francesco Derchi and Ph.D. candidate Robert Mario de Stefano explained the principles of regenerative businesses and how regeneration goes hand in hand with growth.
Regenerative Business Models
Professor Derchi began by explaining what exactly is meant by regenerative business models, clearly differentiating them from sustainable or circular models.
Many companies pursue sustainable business models in which they offset their negative impact by investing elsewhere. For example, businesses that are big carbon consumers will support nature regeneration projects. Circular business models are similar but are more focused on their own product chain, aiming to minimize waste by keeping products in use as long as possible through recycling. Both models essentially aim to have a “net-zero” negative impact on the environment.
Regenerative models are different because they actively aim to have a “net-positive” impact on the environment, not just offsetting their own use but actively regenerating the planet.
Massive Transformative Purpose
While regenerative business models are often associated with philanthropic endeavors, Professor Derchi explained that they do not have to be, and that investment in regeneration can be a driver of growth.
He discussed the importance of corporate purpose in the modern business space. Having a strong and clearly stated corporate purpose is considered essential to drive business decision-making, encourage employee buy-in, and promote customer loyalty.
But today, simple corporate missions, such as “make good shoes,” don’t go far enough. People are looking for a Massive Transformational Purpose (MTP) that can take the business to the next level.
Take, for example, Ben & Jerry’s. The business’s initial corporate purpose may have been to make great ice cream and serve it up in a way that people will enjoy. But the business really began to grow when they embraced an MTP. As they announced in their mission statement, “We believe that ice cream can change the world.” Their business activities also have the aim of advancing human rights and dignity, supporting social and economic justice, and protecting and restoring the Earth’s natural systems. While these aims are philanthropic, they have also helped the business grow.
RePlanet
Professor Derchi next talked about RePlanet, a business he recently worked to develop their MTP. Founded in 2015, RePlanet designs and implements customized renewable energy solutions for businesses and projects. The company already operates in the renewable energy field and ranked as the 21st fastest-growing business in Italy in 2023. So while they were already enjoying great success, Derchi worked with them to see if actively embracing a regenerative business model could unlock additional growth.
Working together, RePlanet moved towards an MTP of building a greener future based on today’s choices, ensuring a cleaner world for generations. Meeting this goal started with the energy products that RePlanet sells, such as energy systems that recover heat from dairy farms. But as the business’s MTP, it goes beyond that. RePlanet doesn’t just engage suppliers; it chooses partners that share its specific values. It also influences the projects they choose to work on – they prioritize high-impact social projects, such as recently installing photovoltaic energy systems at a local hospital in Nigeria – and how RePlanet treats its talent, acknowledging that people are the true energy of the company.
Regenerative Business Strategies
Based on work with RePlanet and other businesses, Derchi has identified six archetypal regenerative business strategies for businesses that want to have both a regenerative impact and drive growth:
- Regenerative Leadership – Laying the foundation for regeneration in a broader sense throughout the company
- Nature Regeneration – Strategies to improve the health of the natural world
- Social Regeneration – Regenerating human ecosystems through things such as fair-trade practices
- Responsible Sourcing – Empowering and strengthening suppliers and their communities
- Health & Well-being – Creating products and services that have a positive effect on customers
- Employee Focus – Improve work conditions, lives, and well-being of employees.
Case Studies
Building on the concept of regenerative business models, Roberto Mario de Stefano shared other case studies of businesses that are having a positive impact and enjoying growth thanks to regenerative business models and strategies.
Biorfarm
Biorfarm is a digital platform that supports small-scale agriculture by creating a direct link between small farmers and consumers. Cutting out the middleman in modern supply chains means that farmers earn about 50% more for their produce. They set consumers up as “digital farmers” who actively support and learn about farming activities to promote more conscious food consumption.
Their vision is to create a food economy in which those who produce food and those who consume it are connected. This moves consumers from passive cash cows for large corporations that prioritize profits over the well-being of farmers to actively supporting natural production and a more sustainable system.
Rifo Lab
Rifo Lab is a circular clothing brand with the vision of addressing the problem of overproduction in the clothing industry. Established in Prato, Italy, a traditional textile-producing area, the company produces clothes made from textile waste and biodegradable materials. There are no physical stores, and all orders must be placed online; everything is made to order, reducing excess production.
With an eye on social regeneration, all production takes place within 30 kilometers of their offices, allowing the business to support ethical and local production. They also work with companies that actively integrate migrants into the local community, sharing their local artisan crafts with future generations.
Ogyre
Ogyre is a digital platform that allows you to pay fishermen to fish for waste. When fishermen are out conducting their livelihood, they also collect a significant amount of waste from the ocean, especially plastic waste. Ogyre arranges for fishermen to get paid for collecting that waste, which in turn supports the local fishing communities, and then transforms the waste collected into new sustainable products.
Moving Towards a Regenerative Future
The masterclass concluded with a Q&A session, where it explained that working in regenerative businesses requires the same skills as any other business. But it also requires you to embrace a mindset where value comes from giving and that growth is about working together for a better future, and not just competition.

Riccardo Ocleppo’s vision for the Open Institute of Technology (OPIT) started when he realized that his own university-level training had not properly prepared him for the modern workplace. Technological innovation is moving quickly and changing the nature of work, while university curricula evolve slowly, in part due to systems in place designed to preserve the quality of courses.
Ocleppo was determined to create a higher learning institution that filled the gap between the two realities – delivering high-quality education while preparing professionals to work in dynamic environments that keep pace with technology. Thus, OPIT opened enrolments in 2023 with a curriculum that created a unique bridge between the present and the future.
This is the story of one student, Ania Jaca, whose time at OPIT gave her the skills to connect her knowledge of product design to full system deployment.
Meet Ania
Ania is an example of an active professional who was able to identify what was missing in her own skills that would be needed if she wanted to advance her career in the direction she desired.
Ania is a highly skilled professional who was working on product and industrial design at Deloitte. She has an MA in product design, speaks five languages, studied in China, and is an avid boxer. She had the intelligence and the temperament to succeed in her career, but felt that she lacked the skills to advance and move from determining how products look to how systems really work, scale, and evolve.
Ania taught herself skills such as Python, artificial intelligence (AI), and cloud infrastructure, but soon realized that she needed a more structured education to go deeper. Thus, the search for her next steps began, and her introduction to OPIT.
OPIT appealed to Ania because it offered a fully EU-accredited MSc that she could pursue at her own pace, thanks to remote delivery and flexible hours. But more than that, it filled exactly the knowledge gap she was looking to build upon, teaching her technical foundations, but always with a focus on applications in the real world. Part of the appeal was the faculty, which includes professionals who are leaders in their field and who deal with current professional challenges on a daily basis, which they can bring into the classroom.
Ania enrolled in OPIT’s MSc in Applied Data Science & AI.
MSc in Applied Data Science and AI
This is OPIT’s first master’s program, which also launched in 2023, and is now one of four on offer. The course is designed for graduates like Ania who want a career at the intersection of management and technology. It is attractive to professionals who are already working in this area but lack the technical training to step into certain roles. OPIT requires no computer science prerequisites, so it accepted Ania with her MA in product design.
It is an intensive program that starts with foundational application courses in business, data science, machine learning, artificial intelligence, and problem-solving. The program then moves towards applying data science and AI methodologies and tools to real-life business problems.
The course combines theoretical study with a capstone project that lets students apply what they learn in the real world, either at their existing company or through internship programs. Many of the projects developed by students go on to become fundamental to the businesses they work with.
Ania’s Path Forward
Ania is working on her capstone project with Neperia Group, an Italian-based IT systems development company that works mostly with financial, insurance, and industrial companies. They specialize in developing analysis tools for existing software to enhance insight, streamline management, minimize the impact of corrective and evolutionary interventions, and boost performance.
Ania is specifically working on tools for assessing vulnerabilities in codebases as an advanced cybersecurity tool.
Ania credits her studies at OPIT for helping her build solid foundations in data science, machine learning, and cloud workflows, giving her a thorough understanding of digital products from end to end. She feels this has prepared her for roles at the intersection between infrastructure, security, and deployment, which is exactly where she wants to be. OPIT is excited to see where Ania’s career takes her in the coming years.
Preparing for the Future of Work
Overall, studying at OPIT has helped Ania and others like her prepare for the future of work. According to the Visual Capitalist, the fastest-growing jobs between 2025 and 2030 will be in big data (up by 110%), Fintech engineers (up by 95%), AI and machine learning specialists (up by 85%), software application developers (up by 60%), and security management specialists (up by 55%).
However, while these industries are growing, entry-level opportunities are declining in areas such as software development and IT. This is because AI now performs many of the tasks associated with those roles. Instead, companies are looking for experienced professionals to take on roles that involve more strategic oversight and innovative problem-solving. But how do recent graduates leapfrog past experienced professionals when there is a lack of entry-level positions to make the transition?
This is another challenge that OPIT addresses in its course design. Students don’t just learn the theory, OPIT actively encourages them to focus on applications, allowing them to build experience while studying. The capstone project consolidates this, enabling students to demonstrate to future employers their expertise at deploying technology to solve problems.
OPIT also has a dynamic Career Services department that specifically works with students to prepare them for the types of roles they want. This focus on not only learning but building a career is one of the elements that makes OPIT stand out in preparing graduates for the workplace.
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