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.

Related posts

EFMD Global: This business school grad created own education institution
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
Jul 20, 2024 4 min read

Source:


By Stephanie Mullins

Many people love to read the stories of successful business school graduates to see what they’ve achieved using the lessons, insights and connections from the programmes they’ve studied. We speak to one alumnus, Riccardo Ocleppo, who studied at top business schools including London Business School (LBS) and INSEAD, about the education institution called OPIT which he created after business school.

Please introduce yourself and your career to date. 

I am the founder of OPIT — Open Institute of Technology, a fully accredited Higher Education Institution (HEI) under the European Qualification Framework (EQF) by the MFHEA Authority. OPIT also partners with WES (World Education Services), a trusted non-profit providing verified education credential assessments (ECA) in the US and Canada for foreign degrees and certificates.  

Prior to founding OPIT, I established Docsity, a global community boasting 15 million registered university students worldwide and partnerships with over 250 Universities and Business Schools. My academic background includes an MSc in Electronics from Politecnico di Torino and an MSc in Management from London Business School. 

Why did you decide to create OPIT Open Institute of Technology? 

Higher education has a profound impact on people’s futures. Through quality higher education, people can aspire to a better and more fulfilling future.  

The mission behind OPIT is to democratise access to high-quality higher education in the fields that will be in high demand in the coming decades: Computer Science, Artificial Intelligence, Data Science, Cybersecurity, and Digital Innovation. 

Since launching my first company in the education field, I’ve engaged with countless students, partnered with hundreds of universities, and collaborated with professors and companies. Through these interactions, I’ve observed a gap between traditional university curricula and the skills demanded by today’s job market, particularly in Computer Science and Technology. 

I founded OPIT to bridge this gap by modernising education, making it affordable, and enhancing the digital learning experience. By collaborating with international professors and forging solid relationships with global companies, we are creating a dynamic online community and developing high-quality digital learning content. This approach ensures our students benefit from a flexible, cutting-edge, and stress-free learning environment. 

Why do you think an education in tech is relevant in today’s business landscape?

As depicted by the World Economic Forum’s “Future of Jobs 2023” report, the demand for skilled tech professionals remains (and will remain) robust across industries, driven by the critical role of advanced technologies in business success. 

Today’s companies require individuals who can innovate and execute complex solutions. A degree in fields like computer science, cybersecurity, data science, digital business or AI equips graduates with essential skills to thrive in this dynamic industry. 

According to the International Monetary Fund (IMF), the global tech talent shortage will exceed 85 million workers by 2030. The Korn Ferry Institute warns that this gap could result in hundreds of billions in lost revenue across the US, Europe, and Asia.  

To address this challenge, OPIT aims to democratise access to technology education. Our competency-based and applied approach, coupled with a flexible online learning experience, empowers students to progress at their own pace, demonstrating their skills as they advance.  

Read the full article below:

Read the article
The European: Balancing AI’s Market Research Potential
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
Jul 17, 2024 3 min read

Source:


With careful planning, ethical considerations, and ensuring human oversight is maintained, AI can have huge market research benefits, says Lorenzo Livi of the Open Institute of Technology.

By Lorenzo Livi

To market well, you need to get something interesting in front of those who are interested. That takes a lot of thinking, a lot of work, and a whole bunch of research. But what if the bulk of that thinking, work and research could be done for you? What would that mean for marketing as an industry, and market research specifically?

With the recent explosion of AI onto the world stage, big changes are coming in the marketing industry. But will AI be able to do market research as successfully? Simply, the answer is yes. A big, fat, resounding yes. In fact, AI has the potential to revolutionise market research.

Ensuring that people have a clear understanding of what exactly AI is is crucial, given its seismic effect on our world. Common questions that even occur amongst people at the forefront of marketing, such as, “Who invented AI?” or, “Where is the main AI system located?” highlight a widespread misunderstanding about the nature of AI.

As for the notion of a central “main thing” running AI, it’s essential to clarify that AI systems exist in various forms and locations. AI algorithms and models can run on individual computers, servers, or even specialized hardware designed for AI processing, commonly referred to as AI chips. These systems can be distributed across multiple locations, including data centres, cloud platforms, and edge devices. They can also be used anywhere, so long as you have a compatible device and an internet connection.

While the concept of AI may seem abstract or mysterious to some, it’s important to approach it with a clear understanding of its principles and applications. By promoting education and awareness about AI, we can dispel misconceptions and facilitate meaningful conversations about its role in society.

Read the full article below:

Read the article