<p>These are just my opinions based on my own experience and that of my friends and classmates. There are of course people who will disagree so take everything with a grain of salt. </p>
<p>My BS is in BME and I am currently working on an MS in CheE. My thesis work however, is in the biomedical field. This way, I have a recognized, understood degree and also have research experience in BME. What I have to say applies mostly to undergraduate degrees in BME/BioE.</p>
<p>The major reason I switched to CheE is the poor job market for BMEs. Most employers do not recognize the degree and would prefer to hire the engineer who has the knowledge they are looking for. For instance, a person doing work in sensors for glucose monitoring would just hire an EE major. I can understand the reasoning behind this since they don't need a person with a little knowledge of each engineering discipline just a person EE knowledge. Also, it FAR easier to teach someone the small amount of biology needed for these positions than to teach them the engineering skills.</p>
<p>I am in the midwest (Ohio) and know that if you are willing to relocate there are positions available along the east coast. (Other areas include Research Triangle in North Carolina (I think) and Minneapolis MN.) There are, of course, other companies, in other parts of the country, too, but the regions listed above seem to have the most frequent job postings and you would be most likely to get hired in those areas.</p>
<p>The future for BMEs is projected to be fantastic. I think we've all seen the reports. I doubt their validity, though. Frequently a person who works as a BME by does not hold a BME degree. Of course, this could just be because BME has only recently been offered so prevalently throughout the US. However, because employers have not hired BMEs in the past, they need to be convinced that they should hire BMEs now. This puts the potential candidate in a rather intriguing position. You have to not only promote your skills and education but also defend your choice of major. It's your choice whether this is good or bad.</p>
<p>You could get a job with very little travel/probably none required. You may wish to travel to conferences but probably wouldn't have to since typically MSs and PhDs go to those. Also, in industry the focus is on products not knowledge so conference attendance is not as much of a priority.</p>
<p>Salary: I was offered a position as Research Engineer for $50,000. My undergrad colleagues took positions in Ohio/Indiana/North Carolina at salaries ranging from $7.50/hr to $55,000. Most of them went on to med school, though and will have salaries ~$150,000 in the coming years. East coast salaries tend to be significantly higher due to the increased cost of living. I do know people who co-oped in Maryland/DC for $10/hr. </p>
<p>Hope this helps. What majors are you considering?</p>