M.S in Applied Mathematics vs M.S in Statistics?

College Majors Engineering Majors
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<p>I'm a Chemistry major with Math minor. After graduation I want to work for a few years and go to grad school for a career change. Throughout my undergrad years I somehow lost interest in Chemistry and now like Math a lot better (courses such as Differential Eq, PDE). First thing that came to my mind was getting one of the two, but now I'm leaning toward Applied Math because I'm just not familiar with Stats and it feels too specified. Also Applied Math seems to have broader use in real life, though I'm not sure.</p>

<p>So how do they compare in terms of marketability and pay?</p>

<p>What worries me is that when I googled "M.S in Applied Mathematics" nothing much showed up, though NJIT's program seems nice. It accepts Science majors and have low GPA threshold (lol).
<a href="http://math.njit.edu/docs/ms-appmathbrochure.pdf%5B/url%5D"&gt;http://math.njit.edu/docs/ms-appmathbrochure.pdf&lt;/a&gt;&lt;/p>

<p>Other things:
I don't want to go into teaching.
I'm not interested in pure math.
Also not interested in getting a Ph.D</p>

<p>Thanks in advance.</p>

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<p>Have you considered financial engineering or industrial engineering?</p>

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<p>Trust me, there are a ton of options. A lot of exciting stuff too. I’m busy right now but ill post some info in a couple of hours.</p>

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<p>Applied mathematics is an extremely vague term. There are all sorts of applications with mathematics that are too many to count.</p>

<p>The most common fields/disciplines related to “applied mathematics” are:</p>

<p>actuarial science
statistics
industrial engineering
operations research
systems engineering
computational finance</p>

<p>And there are other closely related fields/disciplines as well, such as:</p>

<p>economics
computer science
data mining
bioinformatics
data analytics
computational science
physics
software engineering
management science</p>

<p>And in reality the list could go on and on. This website might help you get started:
[SIAM:</a> How Do I Get There?](<a href=“http://www.siam.org/careers/thinking/get-there.php]SIAM:”>Thinking of a Career in the Mathematical Sciences? | SIAM)</p>

<p>And let me know if you have any other questions because there is a wealth of information out there.</p>