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.
-
From the same author
Read the articleSource:
- EFMD Global, Published on July 12th, 2024.
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 articleSource:
- The European, Summer 2024 Edition, Page 24
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:
- The European, Pages 24 to 26.
-
Go to all authors
Related posts
Source:
- EFMD Global, Published on July 12th, 2024.
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:
Source:
- The European, Summer 2024 Edition, Page 24
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:
- The European, Pages 24 to 26.
Have questions?
Visit our FAQ page or get in touch with us!
Write us at +39 335 576 0263
Get in touch at hello@opit.com
Talk to one of our Study Advisors
We are international
We can speak in:
