The deployment of Artificial Intelligence (AI) experienced a significant surge in 2024, and companies anticipate increased investment over the next decade. This dramatic uptick is driving demand for business professionals with dual skill sets.
Professionals interested in qualifying for leadership roles in this high-growth field can develop specialized expertise through the University of Southern Indiana’s online MBA with a concentration in Artificial Intelligence program. With coursework at the intersection of business and AI, the program is ideal for IT professionals looking to broaden their management skills as well as non-technical students aiming to develop a comprehensive understanding of AI capabilities and methods of deployment.
How Are Artificial Intelligence, Machine Learning and Deep Learning Related?
Machine learning (ML) and deep learning (DL) each have a distinct technical capability, according to Indeed. Machine learning — a subset of AI — enables systems to learn from data and improve their performance without explicit programming. ML leverages algorithms to model large, complex datasets, compare the models, make predictions about actual outcomes and adjust their models to enhance accuracy over time.
Deep learning, on the other hand, is a specialized branch of ML that uses neural networks to process data. It is a type of ML that uses networks that resemble the human brain. Unlike ML, however, DL can learn from unstructured or unlabeled data and perform complex tasks such as image and speech recognition. Both are integral to AI, with deep learning representing a more advanced, resource-intensive approach within the broader field of machine learning.
What Are the Top Business Administration AI Careers?
AI is reshaping the landscape of MBA careers by transforming many of the functions that were previously central to business roles, according to Poets and Quants. Market analysis, business planning and operational planning are all within AI’s technical capabilities. As AI takes over these responsibilities, employers expect leaders to be proficient in its use.
AI-savvy leaders must be able to interpret data-driven insights, manage innovation and navigate ethical considerations related to the use of technology. This shift is giving rise to new positions that blend business expertise with technical understanding. Here’s an overview of four emerging Artificial Intelligence careers and related salaries:
AI Strategists plan and oversee the integration of AI into business operations and ensure it aligns with organizational goals. Their responsibilities include collaborating with business leaders to identify high-impact AI opportunities, developing strategic roadmaps and collaborating with technical teams to implement solutions. AI strategists also address ethical considerations and monitor the effectiveness of AI initiatives. Demand for this role is rising as more companies adopt AI, with nearly half of hiring managers seeking to expand their teams in this area. Salaries for AI strategists typically range from $145,000 to $180,000 per year.
Business Intelligence Managers support strategic decision-making through the collection, analysis and interpretation of data. They oversee teams that gather information from various sources and identify trends, patterns and anomalies. Their responsibilities include managing IT projects, reviewing customer and competitor data and presenting reports to company leadership. The role requires strong analytical, communication and problem-solving skills. Salaries for business intelligence managers in the United States average between $94,000 and $142,500 with top earners making up to $158,500 annually.
Digital Transformation Managers lead the process of integrating AI and ML into organizational systems to enhance efficiency and competitiveness. Responsibilities include overseeing technology adoption, automating workflows and ensuring the organization adapts to rapidly changing digital trends. This role requires a combination of business acumen and technical expertise acquired through USI’s MBA with a concentration in AI. Digital Transformation Managers earn an average annual salary of approximately $92,900, with most salaries ranging from $69,500 to $114,500 and peaking at around $135,500.
AI Consultants assist technical teams with the adoption and optimization of AI solutions that support business objectives. Their responsibilities include developing AI strategies, advising on suitable tools and platforms, designing and implementing AI systems and ensuring alignment with company goals. AI consultants are in high demand due to the increasing complexity of AI and the lack of in-house expertise in many companies. AI consultants typically earn between $60,500 and $151,000 annually.
To remain competitive in today’s AI-driven marketplace, business leaders must be able to integrate advanced technologies, AI and data analytics into operational processes. USI students learn how to leverage AI while developing their leadership, critical thinking and collaboration skills so they can successfully interface with stakeholders across the organization.
How Does an MBA in Artificial Intelligence Give Leaders an Edge?
The online MBA with a concentration in Artificial Intelligence from USI is an excellent pathway for leaders looking to gain a competitive edge and future-proof their careers. By studying online, professionals can earn their degree at their own pace while they continue to work.
The program’s experienced faculty guide students as they work directly with AI platforms such as TensorFlow, PyTorch and OpenAI, and business intelligence tools like Power BI and Tableau, in a hands-on environment. With advanced abilities to apply machine learning, data visualization and AI solutions to real-world business challenges, students complete the program well positioned for advancement in any industry.
Learn more about USI’s MBA with a concentration in Artificial Intelligence program.
