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.
Related posts
Source:
- IE University – Insights, Published on October 15th, 2024.
By Francesco Derchi
Purpose is a strategic tool for driving innovation, competitive advantage, and addressing AI challenges, writes Francesco Derchi.
Since the early 2000s, technology has dominated discussions among scholars and professionals about global development and economic trends, with the first wave of research regarding the internet’s impact on firms and society focusing on the enabling potential of technologies. The concept of “digital revolution,” as popularized by Nicholas Negroponte, became the new paradigm for broader considerations about the development of the firm’s macro environment, and how businesses could leverage it as an asset for creating competitive advantage. The following wave focused on the convergence of different technologies, such as manufacturing, and included the dynamics of coexistence between humans and machines. From the management side, the major challenges are related to defining effective digital transformation practices that could help to migrate organizations and exploit this new paradigm.
The current technological focus builds on these previous trends, particularly on artificial intelligence and more recently on the emergence of generative AI. The Age of AI is characterized by technology’s power to reshape business and society on a variety of levels. While AI’s pervasive impact is not new for firms, the mainstream adoption of ChatGPT for business purposes and the response to this ready adoption from big tech players like Microsoft, Google, and more recently Apple, shows how AI is reshaping and influencing companies’ strategic priorities.
From a research perspective, AI’s societal impact is inspiring new studies in the field of ethics. Luciano Floridi, now of Yale University, has identified several challenges for AI, characterizing them by global magnitudes like its environmental impact and has identified several challenges for AI security, including intellectual property, privacy, transparency, and accountability. In his work, Floridi underlines the importance of philosophy in defining problems and designing solutions – but it is equally important to consider how these challenges can be addressed at the firm level. What are the tools for managers?
Part of the answer may lie in the increasing and recent focus of management studies around “corporate purpose” and “brand purpose.” This trend represents an important attempt to deepen our understanding of “why to act” (purpose framing) and “how to act” (purpose formalizing and internalizing), while technology management studies address the “what to act” (purpose impacting) question. Furthermore, studies show that corporate purpose is critical for both digital native firms as well as traditional companies undergoing a digital transformation, serving as an important growth engine through purpose-driven innovation. It is therefore fair to ask: can purpose help in addressing any of the AI challenges previously mentioned?
Purpose concepts are not exclusively “cause-related” like CSR and environmental impact. Other types have emerged, such as “competence” (the function of the product) and “culture” (the intent that drives the business). This broadens the consideration of impact types that can help address specific challenges in the age of AI.
Purpose-driven organizations are not new. Take Tesla’s direction “to accelerate the world’s transition to sustainable energy” – it explicitly addresses environmental challenges while defining a business direction that requires constant innovation and leverages multiple converging technologies. The key is to have the purpose formalized and internalized within the company as a concrete drive for growth.
Due to its characteristics, the MTP plays a key role in digital transformation. This necessarily ambitious and long-term vision or goal – the Massive Transformative Purpose – requires firms, particularly those focused on exponential growth, to address emerging accelerating technologies with a purpose-first transformation logic. P&G’s Global Business Services division was able to improve market leadership and gain a competitive advantage over various start-ups and potential disruptors through its “Free up the employee, for free” MTP. This served as a north star for every employee, encouraging them to contribute ideas and best practices to overcome bulky processes and limitations.
My research on MTPs in AI-era firms explores their role in driving innovation to address specific challenges. Results show that the MTP impacts the organization across four dimensions, requiring commitment and synergy from management. Let’s consider these four dimensions by looking at Airbnb:
- Internal Impact: The MTP acts as the organization’s genetic code and guiding philosophy. It is key for leveraging employee motivation, with a strong relationship between purpose, organizational culture, and firm values. Airbnb’s culture of belonging highlights this, with its various purpose-shaping practices, starting with culture-fit interviews delivered during the recruitment process.
- Brand and Market Influence: The MTP contributes directly to building a strong brand and influencing the market. It allows firms to extend beyond functional and symbolic benefits to make the impact of the company on society visible. This involves addressing market demand coherently and consistently. Airbnb’s “Bélo” symbol visually represents this concept of belonging while their MTP features in campaigns like “Wall and Chain: A Story of Breaking Down Walls.”
- Competitive Advantage and Growth: The MTP drives innovation and can lead to superior stock market performance. In digital firms, it’s key in the creation of ecosystems that aggregate leveraged assets and third parties for value creation. The company’s “belong anywhere transformation journey” is a strategic initiative that formalized and interiorized the MTP through various touchpoints for all the different ecosystem members. As Leigh Gallagher details in her 2016 Fortune feature about the company, “When travellers leave their homes, they feel alone. They reach their Airbnb, and they feel accepted and taken care of by their host. They then feel safe to be the same kind of person they are when they’re at home.”
- Core Organization Identity: The MTP is considered part of the core dimension of the organization. More than a goal or business strategy, it is a strategic issue that generates a sense of direction and purpose that affects every part of the organization: internal, external, personality, and expression. This dimension also involves the role of the founder(s) and their personality in shaping the business. At Airbnb, the MTP is often used as a shortcut to explain the firm’s mission and vision. The founders’ approach is pragmatic, and instead of debating differences, time should be spent on execution. At the same time, the personalities of the three founders, Chesky, Gebbia, and Blecharcyzk, are the identity of the firm. They were the first hosts for the platform. Their credibility is key for making Airbnb a trustworthy and coherent proposal in a crowded market.
Executives and leaders of business in the current AI era should embrace three key principles. Be true: Purpose is an essential strategic tool that enables firms to identify and connect with their original selves, decoding their reason for being and embedding it into their identity. Be ambitious: The MTP allows for global impact, confronting major challenges by synthesizing business values and guiding innovation paths to address AI-related issues. Be generous: Purpose allows firms to explicitly address environmental and social issues, taking action on values-based challenges such as transparency, respect for intellectual property, and accountability. By following these principles, organizations and their leaders can maintain their direction and continue to advance in the AI era.
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Source:
- Authority Magazine Medium, Published on September 15th, 2024.
Gaining hands-on experience through projects, internships, and collaborations is vital for understanding how to apply AI in various industries and domains. Use Kaggle or get a free cloud account and start experimenting. You will have projects to discuss at your next interviews.
By David Leichner, CMO at Cybellum
14 min read
Artificial Intelligence is now the leading edge of technology, driving unprecedented advancements across sectors. From healthcare to finance, education to environment, the AI industry is witnessing a skyrocketing demand for professionals. However, the path to creating a successful career in AI is multifaceted and constantly evolving. What does it take and what does one need in order to create a highly successful career in AI?
In this interview series, we are talking to successful AI professionals, AI founders, AI CEOs, educators in the field, AI researchers, HR managers in tech companies, and anyone who holds authority in the realm of Artificial Intelligence to inspire and guide those who are eager to embark on this exciting career path.
As part of this series, we had the pleasure of interviewing Zorina Alliata.
Zorina Alliata is an expert in AI, with over 20 years of experience in tech, and over 10 years in AI itself. As an educator, Zorina Alliata is passionate about learning, access to education and about creating the career you want. She implores us to learn more about ethics in AI, and not to fear AI, but to embrace it.
Thank you so much for joining us in this interview series! Before we dive in, our readers would like to learn a bit about your origin story. Can you share with us a bit about your childhood and how you grew up?
I was born in Romania, and grew up during communism, a very dark period in our history. I was a curious child and my parents, both teachers, encouraged me to learn new things all the time. Unfortunately, in communism, there was not a lot to do for a kid who wanted to learn: there was no TV, very few books and only ones that were approved by the state, and generally very few activities outside of school. Being an “intellectual” was a bad thing in the eyes of the government. They preferred people who did not read or think too much. I found great relief in writing, I have been writing stories and poetry since I was about ten years old. I was published with my first poem at 16 years old, in a national literature magazine.
Can you share with us the ‘backstory’ of how you decided to pursue a career path in AI?
I studied Computer Science at university. By then, communism had fallen and we actually had received brand new PCs at the university, and learned several programming languages. The last year, the fifth year of study, was equivalent with a Master’s degree, and was spent preparing your thesis. That’s when I learned about neural networks. We had a tiny, 5-node neural network and we spent the year trying to teach it to recognize the written letter “A”.
We had only a few computers in the lab running Windows NT, so really the technology was not there for such an ambitious project. We did not achieve a lot that year, but I was fascinated by the idea of a neural network learning by itself, without any programming. When I graduated, there were no jobs in AI at all, it was what we now call “the AI winter”. So I went and worked as a programmer, then moved into management and project management. You can imagine my happiness when, about ten years ago, AI came back to life in the form of Machine Learning (ML).
I immediately went and took every class possible to learn about it. I spent that Christmas holiday coding. The paradigm had changed from when I was in college, when we were trying to replicate the entire human brain. ML was focused on solving one specific problem, optimizing one specific output, and that’s where businesses everywhere saw a benefit. I then joined a Data Science team at GEICO, moved to Capital One as a Delivery lead for their Center for Machine Learning, and then went to Amazon in their AI/ML team.
Can you tell our readers about the most interesting projects you are working on now?
While I can’t discuss work projects due to confidentiality, there are some things I can mention! In the last five years, I worked with global companies to establish an AI strategy and to introduce AI and ML in their organizations. Some of my customers included large farming associations, who used ML to predict when to plant their crops for optimal results; water management companies who used ML for predictive maintenance to maintain their underground pipes; construction companies that used AI for visual inspections of their buildings, and to identify any possible defects and hospitals who used Digital Twins technology to improve patient outcomes and health. It is amazing to see how much AI and ML are already part of our everyday lives, and to recognize some of it in the mundane around us.
None of us are able to achieve success without some help along the way. Is there a particular person who you are grateful for who helped get you to where you are? Can you share a story about that?
When you are young, there are so many people who step up and help you along the way. I have had great luck with several professors who have encouraged me in school, and an uncle who worked in computers who would take me to his office and let me play around with his machines. I now try to give back and mentor several young people, especially women who are trying to get into the field. I volunteer with AnitaB and Zonta, as well as taking on mentees where I work.
As with any career path, the AI industry comes with its own set of challenges. Could you elaborate on some of the significant challenges you faced in your AI career and how you managed to overcome them?
I think one major challenge in AI is the speed of change. I remember after spending my Christmas holiday learning and coding in R, when I joined the Data Science team at GEICO, I realized the world had moved on and everyone was now coding in Python. So, I had to learn Python very fast, in order to understand what was going on.
It’s the same with research — I try to work on one subject, and four new papers are published every week that move the goal posts. It is very challenging to keep up, but you just have to adapt to continuously learn and let go of what becomes obsolete.
Ok, let’s now move to the main part of our interview about AI. What are the 3 things that most excite you about the AI industry now? Why?
1. Creativity
Generative AI brought us the ability to create amazing images based on simple text descriptions. Entire videos are now possible, and soon, maybe entire movies. I have been working in AI for several years and I never thought creative jobs will be the first to be achieved by AI. I am amazed at the capacity of an algorithms to create images, and to observe the artificial creativity we now see for the first time.
2. Abstraction
I think with the success and immediate mainstream adoption of Generative AI, we saw the great appetite out there for automation and abstraction. No one wants to do boring work and summarizing documents; no one wants to read long websites, they just want the gist of it. If I drive a car, I don’t need to know how the engine works and every equation that the engineers used to build it — I just want my car to drive. The same level of abstraction is now expected in AI. There is a lot of opportunity here in creating these abstractions for the future.
3. Opportunity
I like that we are in the beginning of AI, so there is a lot of opportunity to jump in. Most people who are passionate about it can learn all about AI fully online, in places like Open Institute of Technology. Or they can get experience working on small projects, and then they can apply for jobs. It is great because it gives people access to good jobs and stability in the future.
What are the 3 things that concern you about the AI industry? Why? What should be done to address and alleviate those concerns?
1. Fairness
The large companies that build LLMs spend a lot of energy and money into making them fair. But it is not easy. Us, as humans, are often not fair ourselves. We even have problems agreeing what fairness even means. So, how can we teach the machines to be fair? I think the responsibility stays with us. We can’t simply say “AI did this bad thing.”
2. Regulation
There are some regulations popping up but most are not coordinated or discussed widely. There is controversy, such as regarding the new California bill SB1047, where scientists take different sides of the debate. We need to find better ways to regulate the use and creation of AI, working together as a society, not just in small groups of politicians.
3. Awareness
I wish everyone understood the basics of AI. There is denial, fear, hatred that is created by doomsday misinformation. I wish AI was taught from a young age, through appropriate means, so everyone gets the fundamental principles and understands how to use this great tool in their lives.
For a young person who would like to eventually make a career in AI, which skills and subjects do they need to learn?
I think maybe the right question is: what are you passionate about? Do that, and see how you can use AI to make your job better and more exciting! I think AI will work alongside people in most jobs, as it develops and matures.
But for those who are looking to work in AI, they can choose from a variety of roles as well. We have technical roles like data scientist or machine learning engineer, which require very specialized knowledge and degrees. They learn computing, software engineering, programming, data analysis, data engineering. There are also business roles, for people who understand the technology well but are not writing code. Instead, they define strategies, design solutions for companies, or write implementation plans for AI products and services. There is also a robust AI research domain, where lots of scientists are measuring and analyzing new technology developments.
With Generative AI, new roles appeared, such as Prompt Engineer. We can now talk with the machines in natural language, so speaking good English is all that’s required to find the right conversation.
With these many possible roles, I think if you work in AI, some basic subjects where you can start are:
- Analytics — understand data and how it is stored and governed, and how we get insights from it.
- Logic — understand both mathematical and philosophical logic.
- Fundamentals of AI — read about the history and philosophy of AI, models of thinking, and major developments.
As you know, there are not that many women in the AI industry. Can you advise what is needed to engage more women in the AI industry?
Engaging more women in the AI industry is absolutely crucial if you want to build any successful AI products. In my twenty years career, I have seen changes in the tech industry to address this gender discrepancy. For example, we do well in school with STEM programs and similar efforts that encourage girls to code. We also created mentorship organizations such as AnitaB.org who allow women to connect and collaborate. One place where I think we still lag behind is in the workplace. When I came to the US in my twenties, I was the only woman programmer in my team. Now, I see more women at work, but still not enough. We say we create inclusive work environments, but we still have a long way to go to encourage more women to stay in tech. Policies that support flexible hours and parental leave are necessary, and other adjustments that account for the different lives that women have compared to men. Bias training and challenging stereotypes are also necessary, and many times these are implemented shoddily in organizations.
Ethical AI development is a pressing concern in the industry. How do you approach the ethical implications of AI, and what steps do you believe individuals and organizations should take to ensure responsible and fair AI practices?
Machine Learning and AI learn from data. Unfortunately, lot of our historical data shows strong biases. For example, for a long time, it was perfectly legal to only offer mortgages to white people. The data shows that. If we use this data to train a new model to enhance the mortgage application process, then the model will learn that mortgages should only be offered to white men. That is a bias that we had in the past, but we do not want to learn and amplify in the future.
Generative AI has introduced a new set of fresh risks, the most famous being the “hallucinations.” Generative AI will create new content based on chunks of text it finds in its training data, without an understanding of what the content means. It could repeat something it learned from one Reddit user ten years ago, that could be factually incorrect. Is that piece of information unbiased and fair?
There are many ways we fight for fairness in AI. There are technical tools we can use to offer interpretability and explainability of the actual models used. There are business constraints we can create, such as guardrails or knowledge bases, where we can lead the AI towards ethical answers. We also advise anyone who build AI to use a diverse team of builders. If you look around the table and you see the same type of guys who went to the schools, you will get exactly one original idea from them. If you add different genders, different ages, different tenures, different backgrounds, then you will get ten innovative ideas for your product, and you will have addressed biases you’ve never even thought of.
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