I'm sure similar things have been asked before, but this is a little different (I think). (I don't want to go into academia, and I don't think I'm going to go for a PhD. I think I'm going to try to get a master's in some sort of applied math and work in industry.) How competitive are math graduate schools? Also, how much math background will I need? Thanks. I hope I'm not incurring the wrath of the old-timers here by asking and old question.