Having completed my undergraduate degree in Physics, I was pressed to take a Ms immediately after. Despite my aspirations, since it was not a good time for me and it was difficult for me to study, I decided to take an address, "physics of matter", that is less prestigious than "theoretical physics". Actually I regret that decision now, since my situation has improved and I feel ashamed to take low-quality courses. What I want to know is the extent of the stigma. How much, and by whom, is somebody who went more to the applied realm, considered "one who couldn't make it to theoretical physics"? Is there a strong crystal ceiling? I'm interested to know what people in physics, engineering, finance (the careers I am considering) think of it.