Q1. Is MSc in Data science/Data Analytics same as ML/AI as some universities don’t have AI but Data Science?
Q2. I am interested in MS Data Science and not MS Analytics as the later is not technical in nature. Are MS Data Science and MS Data Analytics the same?
Q3. How to Choose Between a Master’s in Data Analytics vs Business Analytics?
Q4. Which are the best universities for Master in Mahcine Learning and Aritificial Intelligence? There are many blog posts around top MS Data Science programs. But, I am unable to figure out the top MS Machine Learning / MS Artificial Intelligence programs.

These are some of the queries that I received from many folks who reached out to me for guidance in 2018 and/or opted for the 1:1 online counseling sessions. Obviously, due to capacity and other factors, many candidates didn’t get the opportunity for personalized sessions. So, through this article, I intend to reach out to a wider audience.

Data Science, Machine Learning (ML), Artificial Intelligence (AI), and Analytics are extremely interrelated. More often than not, candidates struggle to choose the right program at the Masters (MS) level. In this post, we will discuss ms in business analytics vs ms in computer science, ms in machine learning and artificial intelligence, etc. Additionally, we will also discuss how to choose the right program and top universities for Masters in Machine Learning and Artificial Intelligence.

MS Data Science vs MS Machine Learning vs MS Analytics

Co-authored by Parinita Gupta

Demand for Data Science, Machine Learning, AI, and Big Data Analytics Professionals Rising in India

In today’s data-driven world, data science, machine learning (ML), artificial intelligence (AI), and big data analytics are the new buzzwords. India is becoming a hot market for digital technologies. But, core AI job roles related to deep learning, machine learning, and NLP, are areas where talent supply is lower than market demand in India. In a recent report by business analytics firm Great Learning, India has more than 50,000 jobs in both data science and machine learning lying vacant. India lacks massively when it comes to talent in data science, machine learning, and artificial intelligence.

Currently, the banking and financial services sector is the biggest market for analytics and data science professionals, having created 44% of these jobs last year. E-commerce came in a distant second, creating 12% of data analytics jobs last year. Healthcare (12%), energy & utilities (8%), telecom (6%), media (6%) all contributed to creating data science jobs as well.

According to Belong’s research, less than 2% of professionals who call themselves data scientists or data engineers have a Ph.D. in AI-related technologies and just 4% of AI professionals in India have worked in areas such as deep learning and neural networks. Kaggle’s research also seems to indicate that India’s talent pool is much younger than elsewhere and seems more bottom-heavy, with fewer Master’s and Ph.D-level talent.

In order to remain competitive in the job market, many Indian graduates and professionals are opting for on-job training and MOOCs & online courses. Simultaneously, many candidates are also opting for higher studies in data science, machine learning, and big data analytics. As I stated in the beginning – too many options also lead to confusion. Now, it’s time to throw some light on this.

Data Science vs Machine Learning / Artificial Intelligence

Data science is a study of the extraction of data. Data science works fundamentally through the formulation of hypotheses Example, Guessing a solution of the data and analyzing it and then finding a reasonable solution through observations and concluding whether the hypothesis is right or falsify it. Data science is an umbrella of all the techniques and methods which are used to analyze massive data sets. Various scientific methods are used and are combined with algorithms to extract similar data all around and then it is converted into simpler data for the sake of analysis and better understanding.

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Data science is an umbrella term that encompasses data analytics, data mining, machine learning, and several other related disciplines. While a data scientist is expected to forecast the future based on past patterns, data analysts extract meaningful insights from various data sources. A data scientist creates questions while a data analyst finds answers to the existing set of questions.

In simple terms, Machine learning is a subset of artificial intelligence in the field of computer science that often uses statistical techniques to give computers the ability to “learn” with data, without being explicitly programmed. The machine learning concept was designed to allow computers to learn automatically and adjust themselves according to the need. It is the fastest and most flexible predictive model in the world which is used massively for predicting the availability of the supply and demand in the world.

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Machine learning can be defined as the practice of using algorithms to use data, learn from it, and then forecast future trends for that topic.

Key Difference between Data Science vs Machine Learning

To make things simpler, you can consider machine learning as a part of the broad field of data science, at least when it comes to choosing between MS Data Science and MS Machine Learning.

Data science uses ML to analyze the data and make possible predictions about the near future. It also combines with other disciplines like big data analytics and cloud computing to give the best and most appropriate results.

Machine learning uses various techniques like regression and supervised clustering. On the other hand, ‘data’ in data science may or may not evolve from a machine or a mechanical process. So, the main difference between data science and machine learning is that data science as a broader term not only focuses on algorithms and statistics but also takes care of the entire data processing methodology.

Data Science vs Data Analytics

As mentioned earlier, data science is the umbrella term and is a multidisciplinary field focused on finding actionable insights from large sets of raw and structured data.

Data analytics is a more focused version of this and can even be considered part of the larger process. Analytics is devoted to realizing actionable insights that can be applied immediately based on existing queries.

Another significant difference between data science and data analytics is a question of exploration. Data science isn’t concerned with answering specific queries, instead of parsing through massive data sets in sometimes unstructured ways to expose insights. Data analysis works better when it is focused, having questions in mind that need answers based on existing data.

Data science produces broader insights that concentrate on which questions should be asked, while big data analytics emphasizes discovering answers to questions being asked. Read more about the differences between a data scientist and a data analyst.

MS Data Science vs MS Analytics – How to Choose the Right Program?

Data Science and Data Analytics are extremely overlapping and interrelated. The techniques and tools are also quite similar. You can use both R and Python in data science and analytics.

The major difference is around the applications. For example, R is more suitable for Analytics (deriving insights from data and/or data visualization) whereas Python is more suitable for Data Science (predicting the unknown).

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You can become a Data Scientist by pursuing MS Analytics. Similarly, you can become an Analyst after studying MS Data Science.

This is what Abraham Cabangbang, Senior Data Scientist at LinkedIn commented on the difference between data analyst and data scientist –

“It’s definitely a gray area. At my previous company, I did both the analyst and scientist jobs and as an analyst, we were more customer-facing; the tasks we did were directly related to the tangible business needs—what the customers wanted/requested. It was very directed. The scientist role is a little more free form.
The first thing I did as a data scientist is work on building out internal dashboards, basically surfacing information that we were tracking on the back end, but weren’t being used by the data analysts for many reasons; for example, we might have lacked the infrastructure to display it, or the data was just not very well processed. It really wasn’t anything tailored out from a customer need, but came from what I noticed the analyst team needed in order to do their job.”

Data Analytics vs Business Analytics

Within the broad field of analytics, there are two segments: data analytics and business analytics. So, what are the differences between data analytics and business analytics?

Master’s in Data Analytics

Courses focus on data operations, including advanced analytics
Strong mathematical focus typically geared for professionals with a STEM background
Develops system architects to prepare data for advanced analytics

Master’s in Business Analytics

Advanced analytics courses focus on transforming data into insights and competitive business advantages
Builds corporate communications skills needed to effectively convey findings to leadership
Appeals to a STEM audience but also tailored to varying professional backgrounds

MS Data Science vs MS Machine Learning vs MS Analytics – How to Choose the Right Program

Data science could be considered as the incorporation of multiple parental disciplines, including data analytics, software engineering, data engineering, machine learning, predictive analytics, business analytics, and more. It includes retrieval, collection, ingestion, and transformation of large amounts of data, collectively known as Big Data.

MS Data Science vs MS Machine Learning / AI vs MS Analytics — Image Source

Data science is responsible for bringing structure to big data, searching for compelling patterns, and finally advising decision-makers to bring in the changes effectively to suit the business needs. Data analytics and machine learning are two of the many tools and processes that data science uses.

MS Data Science, MS Data Analytics, and MS Machine Learning are some of the most in-demand study abroad programs right now. The right program along with the combination of the right skill sets and real-world experience can help you can secure a strong career in these trending domains.

There is not a clear-cut answer to MS Data Science vs MS Machine Learning and AI vs MS Analytics. It completely depends on your profile, existing skills set, and career goals. Here are few tips to minimize the confusions.

Check the Eligibility Criteria of the Specific Programs

The majority of MS Data Science (and MS Machine Learning programs) require solid knowledge of programming, linear algebra, statistics. In contrast, MS Analytics programs do not always ask for prior programming experience. So, check how much you know and see where you can apply.

Secondly, explore and introspect what do you want to learn. This is very important. Even a Data Science program at ABC University can be pretty different in terms of content from a Data Science program at XYZ University. Similarly, you can also become a data scientist by pursuing MS Analytics. So, more than the program name, you need to do thorough research on the program content.

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Assess Your Existing Knowledge and Skill Set

It’s always better to start with a broad field and then figure out the specialization. For freshers (no professional work experience), I would always recommend MS Computer Science with a specialization in Data Science or Machine Learning/AI.

When to choose MS Data Science

If you have got 2 – 5 years of work experience and you know R/Python, a few other programming languages(s), and big data tools along with solid knowledge of statistics and mathematics, MS Data Science is a great option.

Masters in Data Science is a combined degree in computer science, statistics, and business. Master graduates from this background are given a lot of importance when taking a decision in the organization. If you have pro knowledge in Data Visualising techniques and can extract lots of unstructured data into simplified data then masters in data science can take you a long way in your career path.

When to Choose MS Business Analytics or MS Data Analytics

If you possess little knowledge of programming (R, Python, Scala, Java, PHP, etc.), but are a fan of stats and maths, you could opt for MS Analytics (MS Data Analytics). If you don’t have prior experience in programming/coding, MS Business Analytics could be a better option. Alternatively, if you have more than 5 years of professional work experience or you want to be on the product management side, you could also consider MBA with a specialization in Analytics.

When to Choose MS AI-ML

Only if you have been working on R, Python, and other big data tools for more than 5 years in the product division, then you could think of MS Machine Learning if you want to stay in the technical domain.

For pursuing Masters in Machine Learning, you must have strong technical skills and you should be familiar with implementing them with perfection then Masters in Machine learning will be the best option for you. This course requires the creation of new algorithms and expert knowledge of mathematics and statistics. If you can with maths and write machine learning models then Masters in Machine learning is for you and you can make a bright career.

Assess Your Learning Outcomes and Align them with Your Career Objectives

MS Machine Learning / AI vs MS Data Science

MS Analytics vs MS Data Science — Image Credits

MS Data Analytics vs MS Business Analytics

Earning an MS in Data Analytics is a good option for professionals with a STEM background who are interested in learning how to gather, organize and analyze data in or outside of a business context. Courses included in a master’s in data analytics program will give students hands-on experience with analytical techniques such as multiple regression and logistic regression, teaching them how to find critical patterns within datasets.

An MS in Business Analytics typically offers courses that provide a comprehensive set of both technical and business skills, including management and communications. Business analytics professionals use analytical tools for improved business decision-making. Their starting point is a specific business application, for which they identify which data and methodologies are best suited to approach the problem at hand.

Like their counterparts in a data analytics graduate program, business analytics students will learn how to discover data trends. However, business analytics students not only learn the tools and techniques for analyzing both small and large data sets, but they also do so within specific business domains and recognize which analytical tool is most effective for solving a given business problem.

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Business analytics graduates are responsible for identifying areas where their organizations can be improved, discovering insights from data, and proposing plans for improved decision-making. Their findings may lead to operational efficiencies, product innovation, or discoveries about customers.

Read MS Business Analytics Admit Story at UT Austin for Indian Candidate with Retail & E-Commerce background.

Top Universities for Masters (MS) in Machine Learning and Artificial Intelligence in USA

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Other Top US Universities for MS Machine Learning & and MS Artificial Intelligence

Texas A&M
University of Minnesota
Ohio State University
Georgia State University
California Polytechnic University
University of Georgia
Colorado State University
University of Pittsburgh
South Dakota School of Mines and Technology
Eastern Michigan University
Oregon State University
UC San Diego

Top Universities for Masters (MS) in Machine Learning and Artificial Intelligence in Europe, Canada, and Asia

EPFL
TU Munich
University of Cambridge
Nanyang Technological University
University of Manchester
ETH Zurich
Hong Kong Polytechnic University
University of Waterloo
Utrecht University
KTH Royal Institute of Technology
National University of Singapore
KU Leuven
Radboud University
University of Amsterdam
University of Edinburgh
Chinese University of Hong Kong
University of Gothenburg
University of Alberta
Aalto University
Linkoping University

Conclusion

Both Data Science and machine learning are very interrelated. It’s hard to distinguish them at least at the Masters level. So, don’t bother to differentiate them. Between data science and data analytics, it all depends on your existing skills and learning objectives.

The course pattern, structure, syllabus everything is quite similar and interrelated. But regardless of what program you choose to make sure that you undertake many projects and internships. This can provide you with real-time experience in the industry and can fetch in the topmost company.

More than the name of the degree itself, what matters to employers is that you have real experience working with messy data, applying models, and understanding the business context. Under no circumstances, coursework can be compared to an internship or even a side project or Kaggle competition to help employers see evidence of your understanding of real data science.

MS Machine Learning / AI vs MS Data Science vs MS Analytics

MS Data Science vs MS Machine Learning vs MS Analytics

Demand for Data Science, Machine Learning, AI, and Big Data Analytics Professionals Rising in India

Data Science vs Machine Learning / Artificial Intelligence