Situation for Applied Physicists in Industry?

AI Thread Summary
The discussion centers on the career prospects of applied physicists, particularly those with PhDs from prestigious programs like Cornell or Stanford. Key points include the distinction between Applied Physics and Materials Science & Engineering (MSE), with the former focusing on research aimed at creating new technologies and solving engineering problems, while MSE tends to improve existing technologies. There is a perception that MSE PhDs have better job prospects and higher salaries in industry due to their classification as engineering degrees. The question arises whether this advantage extends to Applied Physics PhDs, with concerns about how employers classify applied physicists. Overall, the conversation highlights the importance of choosing the right program based on career goals and the potential for job market success in industry.
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I've heard a lot about the situation for physicists in industry (typical jobs they take, difficulty finding a job, salaries, best subfields to transition into industry, etc.) but how about APPLIED physicists (people who graduated with Phds in Applied Physics from programs such as Cornell or Stanford where the physics and applied physics are separate departments)?

I did my undergrad in physics with an emphasis in solid-state/materials physics and am currently applying for grad school. I know I definitely want to do a Phd then continue onto industry afterwards. I'm conflicted between Materials Science & Engineering and Applied Physics programs. Is there much of a difference between the two?

I heard people in applied physics focus more on doing research to create new technology and solve engineering problems while people in MSE or other types of engineering focus on doing research to improve already existing technologies. Is this distinction true? I'd prefer to do research on the frontier of technology.

I've also heard MSE Phds have an easier time getting jobs and make more money in industry than Physics Phds because the MSE Phd is classified as an engineering degree. Does this also apply for Applied Physics Phds or are employers more likely to classify applied physicists as engineers?

Any input is appreciated and thanks for the help!
 
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it doesn't matter in industry really.
 
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