Pursuing a master's degree in Physics after an undergraduate degree in Electrical Engineering is feasible, particularly at the University of Waterloo, which awards a Bachelor of Applied Science. Transitioning from engineering to physics may require completing additional upper-division undergraduate courses. While top-tier schools may be more competitive, acceptance into a master's program is possible with strong academic performance. The discussion highlights the versatility of degrees in engineering and physics, emphasizing that both fields offer valuable skills applicable in various job markets. It also notes that specialization in a marketable area of physics is crucial for employment opportunities. Overall, the consensus is that with determination and the right academic background, transitioning between these disciplines is achievable.