FAQ:
The first homework assignment in 553 will include many 501/551 type problems.
If you have not taken ECE 551 at UM then you should first review the ECE 551 book, lecture notes, and homeworks to self assess whether you really have the expected background.
EECS 553 is offered every semester whereas ECE 551 is offered only Fall terms, so we recommend taking ECE 501 and 551 in the Fall, and waiting to take EECS 553 in the following Winter or Fall.
You might also want to look at CSE 592: Foundations of Artificial Intelligence and check for an EECS 598 course on ML for Engineers