You may have heard the catchy phrase “data is the new oil” floating around. The implication is that data in the 21st century is what oil was in the 20th – the biggest industry around. And it’s true, as the sheer amount of data each person generates when they use the web, try out an app, or even buy from a store is digital “oil” for the companies collecting that data.

It’s also the fuel that powers the current (and growing) wave of artificial intelligence (AI) tools emerging in the market. From ChatGPT to the wave of text-to-speech tech flooding the market, everything hinges on information, and people who can harness that data through algorithms and machine learning practices are in high demand.

That’s where you can come in. By taking a Master’s degree in artificial intelligence online, you position yourself as one of the people who can help the new “digital oil” barons capitalize on their finds.

Factors to Consider When Choosing an Online AI Master’s Program

When choosing an artificial intelligence online Master’s, you have to consider more than the simple accessibility the course offers. These factors help you to weed out the also-ran programs from the ones that help you to advance your career:

  • Accreditation – Checks for accreditation come in two flavors. First, you need to check the program provider’s credentials to ensure the degree you get from your studies is worth the paper on which it’s printed. Second, you have to confirm the accreditation you receive is something that employers actually want to see.
  • Curriculum – What does your artificial intelligence online Master degree actually teach you? Answer that question and you can determine if the program serves the career goals you’ve set for yourself.
  • Faculty Expertise – On the ground level, you want tutors with plenty of teaching experience and their own degrees in AI-related subjects. But dig beyond that to also discover if they have direct experience working with AI in industry.
  • Program Format – A self-study artificial intelligence Master’s program’s online nature means they offer some degree of flexibility. But the course format plays a role in your decision, given that some rely solely on self-learning whereas others include examinations and live remote lectures.
  • Tuition and Financial Aid – A Master’s degree costs quite a bit depending on area (prices range from €1,000 to €20,000 per year), so you need to be in the appropriate financial position. Many universities offer financial aid, such as scholarships, grants, and payment programs, that may help here.
  • Career Support – You’re likely not studying for Master of artificial intelligence online for the joy of having a piece of paper on your wall. You want to build a career. Look for institutions that have strong alumni networks, connections within industry, and dedicated careers offices or services.

Top Online AI Master’s Programs Ranked

In choosing the best Master’s in artificial intelligence online programs, we looked at the above factors in addition to the key features of each program. That examination results in three online courses, each offering something a little different, that give you a solid grounding in AI.

Master in Applied Data Science & AI (OPIT)

Flexibility is the name of the game with OPIT’s program, as it’s fully remote and you get a choice between an 18-month course and a fast-tracked 12-month variant. The latter contains the same content as the former, with the student simply dedicating themselves to more intensive course requirements.

The program comes from an online institution that is accredited under both the Malta Qualification Framework and European Qualification Framework. As for the course itself, it’s the focus on real-life challenges in data science and AI that makes it so attractive. You don’t just learn theory. You discover how to apply that theory to the practical problems you’ll face when you enter the workforce.

OPIT has an admissions team who’ll guide you through getting onto the course, though you’ll need a BSc degree (in any field) and the equivalent of B2-level English proficiency to apply. If English isn’t your strong suit, OPIT also offers an in-house certification that you can take to get on the course. Financial aid is available through scholarships and funding, which you may need given that the program can cost up to €6,500, though discounts are available for those who apply early.

Master in Big Data, Artificial Intelligence, and Disruptive Technologies (Digital Age University)

If data is the new oil, Digital Age University’s program teaches you how to harness that oil and pump it in a way that makes you an attractive proposition for any employer. Key areas of study include the concept and utilization of Big Data (data analytics plays a huge role here), as well as the Python programming skills needed to create AI tools. You’ll learn more about machine learning models and get to grips with how AI is the big disruptor in modern business.

Tuition costs are reasonable, too, with this one-year course only costing €2,600. Digital Age University runs a tuition installment plan that lets you spread your costs out without worrying about being charged interest. Plus, your previous credentials may put you in line for a grant or scholarship that covers at least part of the cost. All first-year students are eligible for the 10% merit-based scholarship again, dependent on prior education). There’s also a 20% Global Scholarship available to students from Asia, Africa, the Middle East, and Latin American countries.

Speaking of credentials, you can showcase yours via the online application process or by scheduling a one-on-one call with one of the institution’s professors. The latter option is great if you’re conducting research and want to get a taste of what the faculty has to offer.

Master in Artificial Intelligence (Three Points Digital Business School)

Three Points Digital Business School sets its stall out early by pointing out that 83% of companies say they’ll create new jobs due to AI in the coming years. That’s its way of telling you that its business-focused AI course is the right choice for getting one of those jobs. After teaching the fundamentals of AI, the course moves into showing you how to create AI and machine learning models and, crucially, how to apply those models in practical settings. By the end, you’ll know how to program chatbots, virtual assistants, and similar AI-driven tools.

It’s the most expensive program on this list, clocking in at €7,500 for a one-year course that delivers 60 ECTS credits. However, it’s a course targeted at mature students (half of the current students are 40 years old), and it’s very much career-minded. That’s exemplified by Three Points’ annual ThinkDigital Summit, which puts some of the leading minds in AI and digital innovation in front of students.

Admission is tougher than for many other Master’s in artificial intelligence online programs as you go through an interview process in addition to submitting qualifications. Every candidate is manually assessed via committee, with your experience and business know-how playing as much of a role as any technical qualifications you have.

Tips for Success in an Online AI Master’s Program

Let’s assume you’ve successfully applied to an artificial intelligence online Master’s program. That’s the first step in a long, often complex, journey. Here are some tips to keep in mind and set up for the future:

  • Manage your time properly by scheduling your study, especially given that online courses rely on students having the discipline needed for self-learning.
  • Build relationships with faculty and peers who may be able to connect you to job opportunities or have ideas for starting their own businesses.
  • Stay up-to-date on what’s happening with AI because this high-paced industry can leave people who assume what they know is enough behind.
  • Pursue real-world experience wherever you can, both through the practical assessments a program offers and internship programs that you can add to your CV.

Career Opportunities With a Master’s in Artificial Intelligence

You need to know what sorts of roles are available on the digital “oil rigs” of today and the future. Those who have an artificial intelligence online Master degree take roles as varied as data analyst, software engineer, data scientist, and research scientist.

Better yet, those roles are spread across almost all industries. Grand View Research tells us that we can expect the AI market to enjoy a 37.3% compound annual growth rate between 2023 and 2030, with that growth making AI-based roles available on a near-constant basis. Salary expectations are likely to increase along with that growth, with the current average of around €91,000 for an artificial intelligence engineer (figures based on Germany’s job market) likely to be a baseline for future growth.

Find the Right Artificial Intelligence Master’s Programs Online

We’ve highlighted three online Master’s programs with a focus on AI in this article, each offering something different. OPIT’s course leans heavily into data science, giving you a specialization to go along with the foundational knowledge you’ll gain. Digital Age University’s program places more of a focus on Big Data, with Three Points Digital Business School living up to its name by taking a more business-oriented approach.

Whatever program you choose (and it could be one other than the three listed here), you must research the course based on the factors like credentials, course content, and quality of the faculty. Put plenty of time into this research process and you’re sure to find a program that aligns with your goals.

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Il Sole 24 Ore: 100 thousand IT professionals missing
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
May 14, 2024 6 min read

Written on April 24th 2024

Source here: Il Sole 24 Ore (full article in Italian)

Open Institute of Technology: 100 thousand IT professionals missing

Eurostat data processed and disseminated by OPIT. Stem disciplines: the share of graduates in Italy between the ages of 20 and 29 is 18.3%, compared to the European 21.9%

Today, only 29% of young Italians between 25 and 34 have a degree. Not only that: compared to other European countries, the comparison is unequal given that the average in the Old Continent is 46%, bringing Italy to the penultimate place in this ranking, ahead only of Romania. The gap is evident even if the comparison is limited to STEM disciplines (science, technology, engineering and mathematics) where the share of graduates in Italy between the ages of 20 and 29 is 18.3%, compared to the European 21.9%, with peaks of virtuosity which in the case of France that reaches 29.2%. Added to this is the continuing problem of the mismatch between job supply and demand, so much so that 62.8% of companies struggle to find professionals in the technological and IT fields.

The data

The Eurostat data was processed and disseminated by OPIT – Open Institute of Technology. an academic institution accredited at European level, active in the university level education market with online Bachelor’s and Master’s degrees in the technological and digital fields. We are therefore witnessing a phenomenon with worrying implications on the future of the job market in Italy and on the potential loss of competitiveness of our companies at a global level, especially if inserted in a context in which the macroeconomic scenario in the coming years will undergo a profound discontinuity linked to the arrival of “exponential” technologies such as Artificial Intelligence and robotics, but also to the growing threats related to cybersecurity.

Requirements and updates

According to European House Ambrosetti, over 2,000,000 professionals will have to update their skills in the Digital and IT area by 2026, also to take advantage of the current 100,000 vacant IT positions, as estimated by Frank Recruitment Group. But not only that: the Italian context, which is unfavorable for providing the job market with graduates and skills, also has its roots in the chronic birth rate that characterizes our country: according to ISTAT data, in recent years the number of newborns has fallen by 28%, bringing Italy’s birth rate to 1.24, among the lowest in Europe, where the average is 1.46.

Profumo: “Structural deficiency”

“The chronic problem of the absence of IT professionals is structural and of a dual nature: on one hand the number of newborns – therefore, potential “professionals of the future” – is constantly decreasing; on the other hand, the percentage of young people who acquires degrees are firmly among the lowest in Europe”, declared Francesco Profumo, former Minister of Education and rector of OPIT – Open Institute of Technology. “The reasons are varied: from the cost of education (especially if undertaken off-site), to a university offering that is poorly aligned with changes in society, to a lack of awareness and orientation towards STEM subjects, which guarantee the highest employment rates. Change necessarily involves strong investments in the university system (and, in general, in the education system) at the level of the country, starting from the awareness that a functioning education system is the main driver of growth and development in the medium to long term. It is a debated and discussed topic on which, however, a clear and ambitious position is never taken.”

Stagnant context and educational offer

In this stagnant context, the educational offer that comes from online universities increasingly meets the needs of flexibility, quality and cost of recently graduated students, university students looking for specialization and workers interested in updating themselves with innovative skills. According to data from the Ministry of University and Research, enrollments in accredited online universities in Italy have grown by over 141 thousand units in ten years (since 2011), equal to 293.9%. Added to these are the academic institutions accredited at European level, such as OPIT, whose educational offering is overall capable of opening the doors to hundreds of thousands of students, with affordable costs and extremely innovative and updated degree paths.

Analyzing the figures

An analysis of Eurostat statistics relating to the year 2021 highlights that 27% of Europeans aged between 16 and 74 have attended an entirely digital course. The highest share is recorded in Ireland (46%), Finland and Sweden (45%) and the Netherlands (44%). The lowest in Romania (10%), Bulgaria (12%) and Croatia (18%). Italy is at 20%. “With OPIT” – adds Riccardo Ocleppo, founder and director – “we have created a new model of online academic institution, oriented towards new technologies, with innovative programs, a strong practical focus, and an international approach, with professors and students from 38 countries around the world, and teaching in English. We intend to train Italian students not only on current and updated skills, but to prepare them for an increasingly dynamic and global job market. Our young people must be able to face the challenges of the future like those who study at Stanford or Oxford: with solid skills, but also with relational and attitudinal skills that lead them to create global companies and startups or work in multinationals like their international colleagues. The increasing online teaching offer, if well structured and with quality, represents an incredible form of democratization of education, making it accessible at low costs and with methods that adapt to the flexibility needs of many working students.”

Point of reference

With two degrees already starting in September 2023 – a three-year degree (BSc) in Modern Computer Science and a specialization (MSc) in Applied Data Science & AI – and 4 starting in September 2024: a three-year degree (BSc) in Digital Business, and the specializations (MSc) in Enterprise Cybersecurity, Applied Digital Business and Responsible Artificial Intelligence (AI), OPIT is an academic institution of reference for those who intend to respond to the demands of a job market increasingly oriented towards the field of artificial intelligence. Added to this are a high-profile international teaching staff and an exclusively online educational offer focused on the technological and digital fields.

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Times of India: The 600,000 IT job shortage in India and how to solve it
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
May 2, 2024 3 min read

Written on April 25th 2024

Source here: Times of India 

The job market has never been a straightforward path. Ask anyone who has ever looked for a job, certainly within the last decade, and they can tell you as much. But with the rapid development of AI and machine learning, concerns are growing for people about their career options, with a report from Randstad finding that 7 in 10 people in India are concerned about their job being eliminated by AI.

 Employers have their own share of concerns. According to The World Economic Forum, 97 million new AI-related jobs will be created by 2025 and the share of jobs requiring AI skills will increase by 58%. The IT industry in India is experiencing a tremendous surge in demand for skilled professionals on disruptive technologies like artificial intelligence, machine learning, blockchain, cybersecurity and, according to Nasscom, this is leading to a shortage of 600,000 profiles.

 So how do we fill those gaps? Can we democratize access to top-tier higher education in technology?

These are the questions that Riccardo Ocleppo, the engineer who founded a hugely successful ed-tech platform connecting international students with global Universities, Docsity, asked himself for years. Until he took action and launched the Open Institute of Technology (OPIT), together with the Former Minister of Education of Italy, Prof. Francesco Profumo, to help people take control of their future careers.

OPIT offers BSc and MSc degrees in Computer Science, AI, Data Science, Cybersecurity, and Digital Business, attracting students from over 38 countries worldwide. Through innovative learning experiences and affordable tuition fees starting at €4,050 per year, OPIT empowers students to pursue their educational goals without the financial and personal burden of relocating.

The curriculum, delivered through a mix of live and pre-recorded lectures, equips students with the latest technology skills, as well as business and strategic acumen necessary for careers in their chosen fields. Moreover, OPIT’s EU-accredited degrees enable graduates to pursue employment opportunities in Europe, with recognition by WES facilitating transferability to the US and Canada.

OPIT’s commitment to student success extends beyond academics, with a full-fledged career services department led by Mike McCulloch. Remote students benefit from OPIT’s “digital campus,” fostering connections through vibrant discussion forums, online events, and networking opportunities with leading experts and professors.

Faculty at OPIT, hailing from prestigious institutions and industry giants like Amazon and Microsoft, bring a wealth of academic and practical experience to the table. With a hands-on, practical teaching approach, OPIT prepares students for the dynamic challenges of the modern job market.

In conclusion, OPIT stands as a beacon of hope for individuals seeking to future-proof their careers in technology. By democratizing access to high-quality education and fostering a global learning community, OPIT empowers students to seize control of their futures and thrive in the ever-evolving tech landscape.

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