As a data scientist, you bridge the gap between the data a company collects and the actionable insights that the company must extract from this data to succeed. That’s reflected in the salary you can command, with Glassdoor showing us that the average salary in Germany for a data scientist is €63,500, with the potential to hit the €80,000 range.


But you can’t turn up at a company and simply proclaim yourself a data scientist. You need to master the analytical and algorithmic tools data scientists use, along with a solid foundation in the AI technologies pervading the data science space now and in the future. An MSc data science program helps you develop those skills, and this article looks at four of the best (two each for on-campus and online programs) to consider.


Factors to Consider When Choosing a Data Science Master’s Program


Before taking the plunge and applying for a data science Master course, you need to get your feet wet with a little research. Consider the following factors, ranging from the course’s content to its ability to help you land a job.


Program Reputation


A good reputation, both for the program and the institution that provides it, can make the difference between getting a call for an interview or having your CV end up in the trash. Look for accredited universities that deliver courses with provable results.


Curriculum


While everyone who studies for a Master’s in data science has the main goal of being a data scientist, the area you wish to work on impacts your decision. Check the course curriculum to ensure you’re getting what you need on the theoretical, practical, and specific industry levels to make the course worthwhile.


Faculty Expertise and Research Opportunities


Any qualification you earn is only as good as the people behind the course providing that qualification. For a Master’s degree, look for faculty that has demonstrable industry experience, a solid track record of teaching, and the ability to provide research opportunities you can use to beef up your CV.


Industry Connections


As nice as the piece of paper you get upon completing a degree may be, what’s nicer is when that piece of paper comes from a course that gets you directly into a career. Look for established industry connections with big players and an alumni network filled with students who’ve gone on to work in the types of roles that appeal to you.


Program Duration and Flexibility


Life often gets in the way of education. Having commitments to work, family, and personal endeavors can make a full-time course unfeasible. Look for a course that fits around your schedule, whatever that may be, and offers enough flexibility for you to commit time when you can.



Top On-Campus MSc Data Science Programs


Being on campus during your studies gives you a chance to participate in a university’s research projects in person. Plus, you’ll work directly with faculty and meet peers who share your passion for data science and may have a few entrepreneurial ideas for you to latch on to. These are the two best data science Master course options for those who want the on-campus experience.


Master’s in Data Science (ETH Zurich)


Developed by an institution that consistently ranks as one of the world’s top 10 providers of computer science education, this course combines theory with practice. You’ll learn about the concepts underpinning data science and how those concepts apply to industries as diverse as medicine, finances, and environmental research. But the true standout is ETH Zurich’s Data Science Laboratory, where you’ll put your theoretical knowledge into practice by experimenting with real-world data science problems.


The course is delivered in English, meaning you must provide a certificate of English language proficiency at level C1 or higher to apply. Assuming you meet the language requirements, you’ll also need a BSc (or equivalent) offering at least 180 ECTS credits in a technical subject, such as computer science, physics, or math. You’ll pay CHF 730 (approx. €749) per semester for the two-year course, with the program taking no more than eight semesters to complete. Hitting the minimum four semesters means you pay about €2,996 in total, depending on the CHF-to-euro exchange rate.


Master of Science in Data Science (University College London)


University College London (UCL) offers a choice between a one-year full-time program and a two-year part-time program, with international students usually paying more than UK-based students. You need to shell out £38,300 (approx. €44,000) for this Master’s in data science. The course may seem expensive for those on a budget, though help is offered through UCL’s Financial Assistance Fund for Postgraduate Students. You’ll only get access to this fund if you can demonstrate that you’re in financial hardship and have taken all available provisions (such as applying for a student loan) available to escape that hardship.


Moving away from the unpleasantness of such high tuition fees, UCL delivers a data science program that starts with the basic theory of machine learning and ends with a research project to demonstrate your knowledge. Admission is tough – the university received 20 applications per available place in 2022. But you get a degree with accreditation from the Royal Society of Statistics if you’re willing to invest the money and are a proven high-performer in a technical subject.


Online and Part-Time MSc Data Science Programs


An online data science Master degree usually comes with two advantages over on-campus options – lower fees and more flexibility. These two courses stand out in the online space.


Master in Applied Data Science & AI (OPIT)


It’s the word “applied” that makes OPIT’s Master’s program stand out as it tells you that you’re going to learn so much more than basic theory in this course. That’s not to say you won’t learn theory, with topics like AI, machine learning, and problem-solving practices all on the docket in the first term of this 18-month course. But the second term challenges you to put all of that knowledge to the test by confronting you with real-world problems, followed by a third term that offers either an internship or an in-depth project.


Tuition fees vary depending on when you apply for the course. You’ll spend €6,500 when paying the full price, though early birds can get on board for €4,950, saving over €1,500 in the process. There’s also an option for a fast-tracked 12-month course (the same tuition fees apply) for people who can dedicate a little more time per week to their education. As for admissions, a BSc degree in almost any field is enough for you to get through the basic entry criteria. International students must demonstrate English language proficiency up to the B2 level, and OPIT has its own English certification program to help with that.


Master of Science in Applied Data Science (University of Southern California Online)


With the online version of its Master’s in data science program, the University of Southern California (USC) makes a top-class education available to European and international students. The selling point is simple – equip you with the skills you need to work as a data scientist. To do that, the course starts with the basics of Python and how to use this popular programming language to navigate your way through complex datasets. As you progress, you’ll face more real-world problems in data management and visualization that echo those you’ll find in industry.


The online program is offered as a full-time two-year course or part-time three-year version, and you can expect to pay $2,424 (approx. €2,240) per credit unit. A successful applicant will usually have a BSc in an engineering-related course, or one in computer science, math, statistics, or a similar numbers-centric field.



Tips for a Successful Application to a Top MSc Data Science Program


Maybe you’ve found the perfect Master’s in data science among the four in this article, or you have your eye on a different course entirely. Either way, you have a hurdle to jump – the application process. Follow these tips to craft an application that increases your chances of being the student who gets chosen from applicant pools that can number in the hundreds.

  • Craft a strong personal statement to show your university of choice who you are as a person away from whatever accomplishments you list on your CV.
  • Get recommendations from appropriate people (ideally previous teachers or employers in data science-related fields) to show you have people who can vouch for you.
  • Demonstrate relevant work experience wherever you can (internships are your friend) or showcase academic projects related to data science.
  • Spend time preparing for interviews by learning as much as possible about the interviewer and their process.
  • Ensure you meet the minimum requirements regarding English language proficiency and previous degree-level experience.

Online or Off – Find the Data Science Master Degree That Works for You


By pursuing a data science Master course, you set off on a journey that prepares you for a future where Big Data (and the models that parse through that data) are king. Each of the four programs here prepares you for that future, albeit in different ways, and each puts you in line for a career that averages in the high five figures and has the potential to grow even further.

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Master the AI Era: Key Skills for Success
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
Apr 24, 2025 6 min read

The world is rapidly changing. New technologies such as artificial intelligence (AI) are transforming our lives and work, redefining the definition of “essential office skills.”

So what essential skills do today’s workers need to thrive in a business world undergoing a major digital transformation? It’s a question that Alan Lerner, director at Toptal and lecturer at the Open Institute of Technology (OPIT), addressed in his recent online masterclass.

In a broad overview of the new office landscape, Lerner shares the essential skills leaders need to manage – including artificial intelligence – to keep abreast of trends.

Here are eight essential capabilities business leaders in the AI era need, according to Lerner, which he also detailed in OPIT’s recent Master’s in Digital Business and Innovation webinar.

An Adapting Professional Environment

Lerner started his discussion by quoting naturalist Charles Darwin.

“It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.”

The quote serves to highlight the level of change that we are currently seeing in the professional world, said Lerner.

According to the World Economic Forum’s The Future of Jobs Report 2025, over the next five years 22% of the labor market will be affected by structural change – including job creation and destruction – and much of that change will be enabled by new technologies such as AI and robotics. They expect the displacement of 92 million existing jobs and the creation of 170 million new jobs by 2030.

While there will be significant growth in frontline jobs – such as delivery drivers, construction workers, and care workers – the fastest-growing jobs will be tech-related roles, including big data specialists, FinTech engineers, and AI and machine learning specialists, while the greatest decline will be in clerical and secretarial roles. The report also predicts that most workers can anticipate that 39% of their existing skill set will be transformed or outdated in five years.

Lerner also highlighted key findings in the Accenture Life Trends 2025 Report, which explores behaviors and attitudes related to business, technology, and social shifts. The report noted five key trends:

  • Cost of Hesitation – People are becoming more wary of the information they receive online.
  • The Parent Trap – Parents and governments are increasingly concerned with helping the younger generation shape a safe relationship with digital technology.
  • Impatience Economy – People are looking for quick solutions over traditional methods to achieve their health and financial goals.
  • The Dignity of Work – Employees desire to feel inspired, to be entrusted with agency, and to achieve a work-life balance.
  • Social Rewilding – People seek to disconnect and focus on satisfying activities and meaningful interactions.

These are consumer and employee demands representing opportunities for change in the modern business landscape.

Key Capabilities for the AI Era

Businesses are using a variety of strategies to adapt, though not always strategically. According to McClean & Company’s HR Trends Report 2025, 42% of respondents said they are currently implementing AI solutions, but only 7% have a documented AI implementation strategy.

This approach reflects the newness of the technology, with many still unsure of the best way to leverage AI, but also feeling the pressure to adopt and adapt, experiment, and fail forward.

So, what skills do leaders need to lead in an environment with both transformation and uncertainty? Lerner highlighted eight essential capabilities, independent of technology.

Capability 1: Manage Complexity

Leaders need to be able to solve problems and make decisions under fast-changing conditions. This requires:

  • Being able to look at and understand organizations as complex social-technical systems
  • Keeping a continuous eye on change and adopting an “outside-in” vision of their organization
  • Moving fast and fixing things faster
  • Embracing digital literacy and technological capabilities

Capability 2: Leverage Networks

Leaders need to develop networks systematically to achieve organizational goals because it is no longer possible to work within silos. Leaders should:

  • Use networks to gain insights into complex problems
  • Create networks to enhance influence
  • Treat networks as mutually rewarding relationships
  • Develop a robust profile that can be adapted for different networks

Capability 3: Think and Act “Global”

Leaders should benchmark using global best practices but adapt them to local challenges and the needs of their organization. This requires:

  • Identifying what great companies are achieving and seeking data to understand underlying patterns
  • Developing perspectives to craft global strategies that incorporate regional and local tactics
  • Learning how to navigate culturally complex and nuanced business solutions

Capability 4: Inspire Engagement

Leaders must foster a culture that creates meaningful connections between employees and organizational values. This means:

  • Understanding individual values and needs
  • Shaping projects and assignments to meet different values and needs
  • Fostering an inclusive work environment with plenty of psychological safety
  • Developing meaningful conversations and both providing and receiving feedback
  • Sharing advice and asking for help when needed

Capability 5: Communicate Strategically

Leaders should develop crisp, clear messaging adaptable to various audiences and focus on active listening. Achieving this involves:

  • Creating their communication style and finding their unique voice
  • Developing storytelling skills
  • Utilizing a data-centric and fact-based approach to communication
  • Continual practice and asking for feedback

Capability 6: Foster Innovation

Leaders should collaborate with experts to build a reliable innovation process and a creative environment where new ideas thrive. Essential steps include:

  • Developing or enhancing structures that best support innovation
  • Documenting and refreshing innovation systems, processes, and practices
  • Encouraging people to discover new ways of working
  • Aiming to think outside the box and develop a growth mindset
  • Trying to be as “tech-savvy” as possible

Capability 7: Cultivate Learning Agility

Leaders should always seek out and learn new things and not be afraid to ask questions. This involves:

  • Adopting a lifelong learning mindset
  • Seeking opportunities to discover new approaches and skills
  • Enhancing problem-solving skills
  • Reviewing both successful and unsuccessful case studies

Capability 8: Develop Personal Adaptability

Leaders should be focused on being effective when facing uncertainty and adapting to change with vigor. Therefore, leaders should:

  • Be flexible about their approach to facing challenging situations
  • Build resilience by effectively managing stress, time, and energy
  • Recognize when past approaches do not work in current situations
  • Learn from and capitalize on mistakes

Curiosity and Adaptability

With the eight key capabilities in mind, Lerner suggests that curiosity and adaptability are the key skills that everyone needs to thrive in the current environment.

He also advocates for lifelong learning and teaches several key courses at OPIT which can lead to a Bachelor’s Degree in Digital Business.

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Lessons From History: How Fraud Tactics From the 18th Century Still Impact Us Today
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
Apr 17, 2025 6 min read

Many people treat cyber threats and digital fraud as a new phenomenon that only appeared with the development of the internet. But fraud – intentional deceit to manipulate a victim – has always existed; it is just the tools that have changed.

In a recent online course for the Open Institute of Technology (OPIT), AI & Cybersecurity Strategist Tom Vazdar, chair of OPIT’s Master’s Degree in Enterprise Cybersecurity, demonstrated the striking parallels between some of the famous fraud cases of the 18th century and modern cyber fraud.

Why does the history of fraud matter?

Primarily because the psychology and fraud tactics have remained consistent over the centuries. While cybersecurity is a tool that can combat modern digital fraud threats, no defense strategy will be successful without addressing the underlying psychology and tactics.

These historical fraud cases Vazdar addresses offer valuable lessons for current and future cybersecurity approaches.

The South Sea Bubble (1720)

The South Sea Bubble was one of the first stock market crashes in history. While it may not have had the same far-reaching consequences as the Black Thursday crash of 1929 or the 2008 crash, it shows how fraud can lead to stock market bubbles and advantages for insider traders.

The South Sea Company was a British company that emerged to monopolize trade with the Spanish colonies in South America. The company promised investors significant returns but provided no evidence of its activities. This saw the stock prices grow from £100 to £1,000 in a matter of months, then crash when the company’s weakness was revealed.

Many people lost a significant amount of money, including Sir Isaac Newton, prompting the statement, “I can calculate the movement of the stars, but not the madness of men.

Investors often have no way to verify a company’s claim, making stock markets a fertile ground for manipulation and fraud since their inception. When one party has more information than another, it creates the opportunity for fraud. This can be seen today in Ponzi schemes, tech stock bubbles driven by manipulative media coverage, and initial cryptocurrency offerings.

The Diamond Necklace Affair (1784-1785)

The Diamond Necklace Affair is an infamous incident of fraud linked to the French Revolution. An early example of identity theft, it also demonstrates that the harm caused by such a crime can go far beyond financial.

A French aristocrat named Jeanne de la Mont convinced Cardinal Louis-René-Édouard, Prince de Rohan into thinking that he was buying a valuable diamond necklace on behalf of Queen Marie Antoinette. De la Mont forged letters from the queen and even had someone impersonate her for a meeting, all while convincing the cardinal of the need for secrecy. The cardinal overlooked several questionable issues because he believed he would gain political benefit from the transaction.

When the scheme finally exposed, it damaged Marie Antoinette’s reputation, despite her lack of involvement in the deception. The story reinforced the public perception of her as a frivolous aristocrat living off the labor of the people. This contributed to the overall resentment of the aristocracy that erupted in the French Revolution and likely played a role in Marie Antoinette’s death. Had she not been seen as frivolous, she might have been allowed to live after her husband’s death.

Today, impersonation scams work in similar ways. For example, a fraudster might forge communication from a CEO to convince employees to release funds or take some other action. The risk of this is only increasing with improved technology such as deepfakes.

Spanish Prisoner Scam (Late 1700s)

The Spanish Prisoner Scam will probably sound very familiar to anyone who received a “Nigerian prince” email in the early 2000s.

Victims received letters from a “wealthy Spanish prisoner” who needed their help to access his fortune. If they sent money to facilitate his escape and travel, he would reward them with greater riches when he regained his fortune. This was only one of many similar scams in the 1700s, often involving follow-up requests for additional payments before the scammer disappeared.

While the “Nigerian prince” scam received enough publicity that it became almost unbelievable that people could fall for it, if done well, these can be psychologically sophisticated scams. The stories play on people’s emotions, get them invested in the person, and enamor them with the idea of being someone helpful and important. A compelling narrative can diminish someone’s critical thinking and cause them to ignore red flags.

Today, these scams are more likely to take the form of inheritance fraud or a lottery scam, where, again, a person has to pay an advance fee to unlock a much bigger reward, playing on the common desire for easy money.

Evolution of Fraud

These examples make it clear that fraud is nothing new and that effective tactics have thrived over the centuries. Technology simply opens up new opportunities for fraud.

While 18th-century scammers had to rely on face-to-face contact and fraudulent letters, in the 19th century they could leverage the telegraph for “urgent” communication and newspaper ads to reach broader audiences. In the 20th century, there were telephones and television ads. Today, there are email, social media, and deepfakes, with new technologies emerging daily.

Rather than quack doctors offering miracle cures, we see online health scams selling diet pills and antiaging products. Rather than impersonating real people, we see fake social media accounts and catfishing. Fraudulent sites convince people to enter their bank details rather than asking them to send money. The anonymity of the digital world protects perpetrators.

But despite the technology changing, the underlying psychology that makes scams successful remains the same:

  • Greed and the desire for easy money
  • Fear of missing out and the belief that a response is urgent
  • Social pressure to “keep up with the Joneses” and the “Bandwagon Effect”
  • Trust in authority without verification

Therefore, the best protection against scams remains the same: critical thinking and skepticism, not technology.

Responding to Fraud

In conclusion, Vazdar shared a series of steps that people should take to protect themselves against fraud:

  • Think before you click.
  • Beware of secrecy and urgency.
  • Verify identities.
  • If it seems too good to be true, be skeptical.
  • Use available security tools.

Those security tools have changed over time and will continue to change, but the underlying steps for identifying and preventing fraud remain the same.

For more insights from Vazdar and other experts in the field, consider enrolling in highly specialized and comprehensive programs like OPIT’s Enterprise Security Master’s program.

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