Why study for a machine learning engineer degree?

The simple answer is that the industry is growing explosively. Precedence Research points out that the machine learning market was worth $38.11 billion (approx. €35 billion) in 2022. By 2032, it’ll be worth $771.8 billion (approx. €712 billion). That means the machine learning industry will grow by an average of 35.09% per year between now and 2032.

That growth means one thing:

The industry is going to be looking for people with a machine learning engineer education.

If you pursue a machine learning engineer degree with an accredited institution – such as OPIT – you stand to be at the forefront of one of the fastest-growing industries in the world.

Machine Learning Engineer Education: The Foundation of Your Career

You’ll require a bachelor’s degree in a relevant field – such as computer science, at the very minimum, to start a career in machine learning. However, most roles ask for more. A master’s degree in a field like data science or software engineering will make you a more attractive candidate.

Those requirements also indicate the core subjects you’ll study when working toward a degree for machine learning engineer roles. Math, computer science, statistics, and computer science are all fundamentals that are vital to the industry.

As you move onto the master’s track, you’ll start learning more advanced machine-learning concepts, such as algorithms and data analysis.

Degree for Machine Learning Engineer: Choosing the Right Program

Signing up for the first machine learning engineer bachelor’s degree you find is rarely a wise course of action. You need to weigh your options carefully before choosing a course, with the following factors coming into play:

  • Course Content and Curriculum – Look for degrees that include machine learning-specific components – such as feature engineering and model evaluation – ideally with a practical aspect that gives you real-world experience.
  • Course Faculty – The “real-world experience” point also applies to your course’s faculty. The best programs are created by those who have experience in the machine learning industry. They understand what employers want to see, as well as the likely applications for the technical knowledge you’ll develop.
  • Institution Accreditation – A lack of accreditation hurts the credibility of your machine learning engineer degree. Look for a program that’s accredited by a relevant authority, such as the European Qualifications Framework (EQF).
  • The Cost – Master’s degrees in Europe can cost anywhere between €8,000 and €45,000, with the total you’ll pay being a determining factor for which degree you choose. Try to find a balance between the cost and the credibility of the organization offering the degree.

OPIT’s degree programs offer the ideal blend of these factors. They’re affordable – with tuition costing as little as €2,250 per term – and designed by faculty with real-world experience in the machine learning and computer science sector. They’re also accredited by the previously mentioned EQF.

Best Online and Offline Master Programs for Machine Learning Engineering

With the above factors considered, your next choice comes down to location:

Do you study offline or on?

The online course format delivers flexibility, though it means you don’t get to enjoy the on-campus lifestyle. Regardless of which you prefer, the following are the five top machine learning engineer degree courses available in Europe:

OPIT – MSc in Applied Data Science & AI

Beyond excelling in all of the above factors, OPIT’s MSc course offers a mix of live and pre-recorded content to make the online learning experience more interactive. There are no final exams – a relief for students who hate pressure-filled situations – with the course instead focusing on practical assignments with real-world applications.

University of Oxford – MSc in Advanced Computer Science

Offered by one of the U.K.’s leading universities, this MSc takes a broad approach to the AI sector, with machine learning as one of several components. It also covers cybersecurity and the emergence of AI in the medical field. A typical week involves 35 hours of study, eight of which are lectures, with another four covering practical sessions.

University of Cambridge – MPhil in Machine Learning and Machine Intelligence

An 11-month program, this master’s degree covers machine learning, as well as computer vision and robotics, speech and language processing, and how humans interact with computers. Practical exercises also give you a chance to work with Ph.D. students in the machine learning field.

KU Leuven – MSc of Artificial Intelligence

A multidisciplinary program, this master’s degree accepts students with backgrounds in subjects like psychology and economics. As such, it’s a good choice for those who have completed a bachelor’s degree in a non-tech subject and don’t want to restart their education careers. It covers the fundamentals but practically-minded students should beware – the course emphasizes technical knowledge.

Technical University of Munich – Data Engineering and Analytics MSc

Another on-campus degree, TUM’s course covers machine learning, along with key data science techniques such as computer vision and scientific visualization. But the focus is on Big Data – the driving force in everything from machine learning to self-driving vehicles.

The Future of Technology: Machine Learning Applications

You’ve seen the expected industry growth for the machine learning industry, but what about the applications of the knowledge you’ll gain from your machine learning engineer degree?

Simply put – the degree will apply to almost every industry, with a handful of examples including:

  • Facial recognition technology development
  • Financial fraud detection
  • Enhanced analytics for the healthcare sector
  • Predictive analytics
  • Generative AI programs, such as ChatGPT

Online Education Advantages: Flexibility and Accessibility

Let’s assume you’d like to study to become a machine learning engineer but don’t want the on-campus experience for whatever reason. Are online degrees as valuable as their traditional counterparts?

They are, as long as the program is provided by an accredited institution like OPIT. Plus, studying online provides more flexibility in your learning schedule – giving you autonomy in how you complete your studies – and isn’t as individualistic an experience as it seems. For instance, OPIT schedules live video lectures, offers pre-recorded sessions, and creates opportunities for students to work together on real-world projects.

OPIT’s Master’s and Bachelor’s Programs That Help You Become a Machine Learning Engineer

There’s one more thing left to do:

Choose a machine learning engineer degree. OPIT offers three courses that set you on the path to a career in machine learning.

BSc in Modern Computer Science

Think of this course as a foundational machine learning engineer bachelor’s degree. You’ll combine learning about AI with the fundamentals of computer science – programming, data science, and database management, all included.

MSc in Responsible Artificial Intelligence

For those concerned about the ethical implications of AI, the MSc in Responsible Artificial Intelligence covers the machine learning bases. But it also shows you how to use what you’ve learned ethically to create sustainable AI systems.

MSc in Applied Data Science & AI

A more traditional degree for prospective machine learning engineers, this course builds on the previously mentioned BSc, with a specific focus on overcoming real-world problems using machine learning.

Choose OPIT

With the machine learning sector set for such pronounced growth, earning a specialized degree in the field now could set up your career for decades to come. Trust OPIT to provide that degree – it’s an EQF-approved online institution with exceptional degree programs.

Related posts

CCN: Australia Tightens Crypto Oversight as Exchanges Expand, Testing Industry’s Appetite for Regulation
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
Mar 31, 2025 3 min read

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  • CCN, published on March 29th, 2025

By Kurt Robson

Over the past few months, Australia’s crypto industry has undergone a rapid transformation following the government’s proposal to establish a stricter set of digital asset regulations.

A series of recent enforcement measures and exchange launches highlight the growing maturation of Australia’s crypto landscape.

Experts remain divided on how the new rules will impact the country’s burgeoning digital asset industry.

New Crypto Regulation

On March 21, the Treasury Department said that crypto exchanges and custody services will now be classified under similar rules as other financial services in the country.

“Our legislative reforms will extend existing financial services laws to key digital asset platforms, but not to all of the digital asset ecosystem,” the Treasury said in a statement.

The rules impose similar regulations as other financial services in the country, such as obtaining a financial license, meeting minimum capital requirements, and safeguarding customer assets.

The proposal comes as Australian Prime Minister Anthony Albanese’s center-left Labor government prepares for a federal election on May 17.

Australia’s opposition party, led by Peter Dutton, has also vowed to make crypto regulation a top priority of the government’s agenda if it wins.

Australia’s Crypto Growth

Triple-A data shows that 9.6% of Australians already own digital assets, with some experts believing new rules will push further adoption.

Europe’s largest crypto exchange, WhiteBIT, announced it was entering the Australian market on Wednesday, March 26.

The company said that Australia was “an attractive landscape for crypto businesses” despite its complexity.

In March, Australia’s Swyftx announced it was acquiring New Zealand’s largest cryptocurrency exchange for an undisclosed sum.

According to the parties, the merger will create the second-largest platform in Australia by trading volume.

“Australia’s new regulatory framework is akin to rolling out the welcome mat for cryptocurrency exchanges,” Alexander Jader, professor of Digital Business at the Open Institute of Technology, told CCN.

“The clarity provided by these regulations is set to attract a wave of new entrants,” he added.

Jader said regulatory clarity was “the lifeblood of innovation.” He added that the new laws can expect an uptick “in both local and international exchanges looking to establish a foothold in the market.”

However, Zoe Wyatt, partner and head of Web3 and Disruptive Technology at Andersen LLP, believes that while the new rules will benefit more extensive exchanges looking for more precise guidelines, they will not “suddenly turn Australia into a global crypto hub.”

“The Web3 community is still largely looking to the U.S. in anticipation of a more crypto-friendly stance from the Trump administration,” Wyatt added.

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Agenda Digitale: Generative AI in the Enterprise – A Guide to Conscious and Strategic Use
OPIT - Open Institute of Technology
OPIT - Open Institute of Technology
Mar 31, 2025 6 min read

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By Zorina Alliata, Professor of Responsible Artificial Intelligence e Digital Business & Innovation at OPIT – Open Institute of Technology

Integrating generative AI into your business means innovating, but also managing risks. Here’s how to choose the right approach to get value

The adoption of generative AI in the enterprise is growing rapidly, bringing innovation to decision-making, creativity and operations. However, to fully exploit its potential, it is essential to define clear objectives and adopt strategies that balance benefits and risks.

Over the course of my career, I have been fortunate to experience firsthand some major technological revolutions – from the internet boom to the “renaissance” of artificial intelligence a decade ago with machine learning.

However, I have never seen such a rapid rate of adoption as the one we are experiencing now, thanks to generative AI. Although this type of AI is not yet perfect and presents significant risks – such as so-called “hallucinations” or the possibility of generating toxic content – ​​it fills a real need, both for people and for companies, generating a concrete impact on communication, creativity and decision-making processes.

Defining the Goals of Generative AI in the Enterprise

When we talk about AI, we must first ask ourselves what problems we really want to solve. As a teacher and consultant, I have always supported the importance of starting from the specific context of a company and its concrete objectives, without inventing solutions that are as “smart” as they are useless.

AI is a formidable tool to support different processes: from decision-making to optimizing operations or developing more accurate predictive analyses. But to have a significant impact on the business, you need to choose carefully which task to entrust it with, making sure that the solution also respects the security and privacy needs of your customers .

Understanding Generative AI to Adopt It Effectively

A widespread risk, in fact, is that of being guided by enthusiasm and deploying sophisticated technology where it is not really needed. For example, designing a system of reviews and recommendations for films requires a certain level of attention and consumer protection, but it is very different from an X-ray reading service to diagnose the presence of a tumor. In the second case, there is a huge ethical and medical risk at stake: it is necessary to adapt the design, control measures and governance of the AI ​​to the sensitivity of the context in which it will be used.

The fact that generative AI is spreading so rapidly is a sign of its potential and, at the same time, a call for caution. This technology manages to amaze anyone who tries it: it drafts documents in a few seconds, summarizes or explains complex concepts, manages the processing of extremely complex data. It turns into a trusted assistant that, on the one hand, saves hours of work and, on the other, fosters creativity with unexpected suggestions or solutions.

Yet, it should not be forgotten that these systems can generate “hallucinated” content (i.e., completely incorrect), or show bias or linguistic toxicity where the starting data is not sufficient or adequately “clean”. Furthermore, working with AI models at scale is not at all trivial: many start-ups and entrepreneurs initially try a successful idea, but struggle to implement it on an infrastructure capable of supporting real workloads, with adequate governance measures and risk management strategies. It is crucial to adopt consolidated best practices, structure competent teams, define a solid operating model and a continuous maintenance plan for the system.

The Role of Generative AI in Supporting Business Decisions

One aspect that I find particularly interesting is the support that AI offers to business decisions. Algorithms can analyze a huge amount of data, simulating multiple scenarios and identifying patterns that are elusive to the human eye. This allows to mitigate biases and distortions – typical of exclusively human decision-making processes – and to predict risks and opportunities with greater objectivity.

At the same time, I believe that human intuition must remain key: data and numerical projections offer a starting point, but context, ethics and sensitivity towards collaborators and society remain elements of human relevance. The right balance between algorithmic analysis and strategic vision is the cornerstone of a responsible adoption of AI.

Industries Where Generative AI Is Transforming Business

As a professor of Responsible Artificial Intelligence and Digital Business & Innovation, I often see how some sectors are adopting AI extremely quickly. Many industries are already transforming rapidly. The financial sector, for example, has always been a pioneer in adopting new technologies: risk analysis, fraud prevention, algorithmic trading, and complex document management are areas where generative AI is proving to be very effective.

Healthcare and life sciences are taking advantage of AI advances in drug discovery, advanced diagnostics, and the analysis of large amounts of clinical data. Sectors such as retail, logistics, and education are also adopting AI to improve their processes and offer more personalized experiences. In light of this, I would say that no industry will be completely excluded from the changes: even “humanistic” professions, such as those related to medical care or psychological counseling, will be able to benefit from it as support, without AI completely replacing the relational and care component.

Integrating Generative AI into the Enterprise: Best Practices and Risk Management

A growing trend is the creation of specialized AI services AI-as-a-Service. These are based on large language models but are tailored to specific functionalities (writing, code checking, multimedia content production, research support, etc.). I personally use various AI-as-a-Service tools every day, deriving benefits from them for both teaching and research. I find this model particularly advantageous for small and medium-sized businesses, which can thus adopt AI solutions without having to invest heavily in infrastructure and specialized talent that are difficult to find.

Of course, adopting AI technologies requires companies to adopt a well-structured risk management strategy, covering key areas such as data protection, fairness and lack of bias in algorithms, transparency towards customers, protection of workers, definition of clear responsibilities regarding automated decisions and, last but not least, attention to environmental impact. Each AI model, especially if trained on huge amounts of data, can require significant energy consumption.

Furthermore, when we talk about generative AI and conversational models , we add concerns about possible inappropriate or harmful responses (so-called “hallucinations”), which must be managed by implementing filters, quality control and continuous monitoring processes. In other words, although AI can have disruptive and positive effects, the ultimate responsibility remains with humans and the companies that use it.

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