MIT xPRO, Emeritus Launch ‘Building AI Products and Services’ Program, Addressing Rising Demand for AI Talent

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Bangalore, November 11, 2024 — As global AI spending is projected to add USD 15.7 trillion to the world economy by 2030 according to PwC’s Global Artificial Intelligence Study, the demand for skilled professionals to harness AI technologies is growing exponentially. Acknowledging the increasing demand, MIT xPRO at the Massachusetts Institute of Technology (MIT)—has announced the launch of its 12-week Building AI Products and Services program, in collaboration with Emeritus. MIT has been ranked the number 1 university in the world in the 2024 QS World Rankings and is affiliated with 98 Nobel laureates.

India’s AI market is projected to reach USD 17 billion by 2027, with AI-related job postings growing at 3.5 times the national average, according to reports from Nasscom and PwC. The Building AI Products and Services program seeks to bridge this gap by providing industry-focused, actionable learning for professionals in IT, finance, healthcare, and other sectors. It equips participants with the skills and knowledge required to design, develop, and implement AI-driven solutions across various industries.

This online high-impact program blends strategic and practical insights, enabling participants to develop AI products from concept to implementation. It is designed for a diverse range of professionals, including technical product managers overseeing AI-driven products, technology professionals developing AI solutions, and consultants focused on designing technology strategies. Additionally, it will benefit founders of AI startups looking to learn a proven framework for building AI products, as well as UI/UX designers aiming to enhance user experiences for AI-based applications.

Mike Malefakis, president of University Partnerships, Emeritus, said, “India stands at the cusp of an AI revolution and in a time when digital transformation is critical, harnessing AI for business innovation is not just advantageous but essential for staying competitive. The ‘Building AI Products & Services’ program by MIT xPRO, in collaboration with Emeritus, is designed to empower professionals with actionable insights and hands-on experience. Participants will gain the skills to effectively design, develop, and implement AI-driven solutions that drive organizational excellence and sustainable growth. This program will enhance strategic thinking, equipping leaders across all sectors to develop impactful AI strategies and solidifying their role as pivotal decision-makers in the evolving digital landscape.”

The MIT xPRO Building AI Products and Services Program provides participants a unique opportunity to gain cutting-edge insights from renowned MIT faculty and hands-on experience through real-world case studies. It equips learners with market-ready skills to evaluate AI opportunities, build compelling business cases, and develop AI project proposals. Additionally, participants also engage in live workshops covering AI/ML models and AI/Gen AI applications. The modules of this program include introduction to the artificial intelligence design process, designing artificial machines to solve problems, generative AI, and artificial intelligence technology fundamentals—deep learning among others. Upon successful completion of the program with a minimum grading of 75%, learners will earn a certificate of completion from MIT xPRO.

The program starts on 30 December 2024 and has a fee of INR 1,75,000 +GST. The program is offered through Emeritus, a global pioneer in offering accessible and affordable high-quality education to individuals and organizations.