Industry-First Program Provides Free MCS Degree, with Guaranteed
Bonus, Salary Increase, and Equity Upon Completion
REDWOOD CITY, Calif.–(BUSINESS WIRE)–C3.ai,
a leading enterprise AI software provider for accelerating digital
transformation, today announced a relationship with the University
of Illinois at Urbana-Champaign to provide eligible C3.ai
employees with a fully reimbursed professional
Master of Computer Science (MCS) degree focused on data science.
Upon successful completion of Illinois’ MCS degree, a C3.ai employee
will receive a 15 percent salary increase, a $25,000 cash bonus, and an
additional C3.ai incentive stock option equity award. The degree program
is part of C3.ai’s ongoing support of employees’ skills development.
Employees who apply and are admitted by the University of Illinois to
its rigorous program will have access to the MCS degree program on the
“At C3.ai, we are assembling a team of inquisitive self-learners,
motivated and properly trained to solve some of the world’s most
challenging technology problems,” said Thomas M. Siebel, C3.ai CEO.
“This program further enables our employees’ success by encouraging them
to further develop their computer science and AI expertise at one of the
world’s leading universities.”
“The fact is the best engineers, computer scientists, and other
technical professionals need to continuously grow and develop their
skills throughout their careers,” said Andreas Cangellaris, the
University of Illinois at Urbana-Champaign’s Vice Chancellor for
Academic Affairs and Provost. “We are very pleased that they have chosen
to put their confidence in us and the education we provide.”
Department of Computer Science is consistently ranked as one of the
top computer science programs in the world. In 2018, it was ranked #5 on
News and World Report list of Best Computer Science Schools. The
department’s Coursera-based MCS degree was launched in 2016. It opens
access to a much larger and more diverse community of students
worldwide. Nearly 700 students are enrolled in the program.
“We are excited to partner with C3.ai to offer the University of
Illinois’ world-class computer science degree to its employees,” said
Jeff Maggioncalda, CEO of Coursera. “Helping employees develop
master-level skills in data science will further increase C3.ai’s
leadership in artificial intelligence.”
“This advanced degree program is provided as a fully paid benefit, in
addition to the existing rich curriculum of Coursera AI, IoT, cloud
computing, and advanced computing courses that are offered at no cost to
all C3.ai employees,” said Houman Behzadi, C3.ai Chief Product Officer.
“C3.ai employees receive significant recognition in addition to cash
bonuses for course completion. This is a very popular program.”
C3.ai was recently recognized as a best
place to work by Battery Ventures and by Glassdoor.
Last year, C3.ai CEO Thomas M. Siebel was named Glassdoor
Top CEO in 2018 with a 96 percent employee approval rating and
received the EY Entrepreneur of the Year award for the third time.
“We are deeply committed to life-long education, and we believe that
more and more companies will move in this direction in the future. C3.ai
is showing real foresight, and they are putting an incredible amount of
employee support behind that foresight,” said Rashid Bashir, Dean of The
Grainger College of Engineering at the University of Illinois. “New
modes of delivering professional education are crucial to both companies
like C3.ai and to universities like Illinois. We make a great team.”
C3.ai is a leading AI software provider for accelerating digital
transformation. The C3 AI Suite provides a comprehensive family of
software capabilities for rapidly developing, deploying, and operating
large-scale AI, predictive analytics, and IoT applications. C3.ai also
provides configurable, prebuilt, high-value AI applications for solving
a range of challenges, including predictive maintenance, fraud
detection, sensor network health, supply chain optimization, energy
management, anti-money laundering, and customer engagement.
Allison + Partners