There is a big difference between the two disciplines, although they are related in many ways. Masters in engineering (M. Eng) and masters in science (M. Sc). But the real test is not which one to go for. It's that one to avoid.
Engineering has always been considered one of the harder sciences to get into. Originally, it was just the guys with the blue collar backgrounds that were able to crack the big ones. Nowadays, science degrees are catching up with engineering, but it still takes an effort on the part of the student. There are more female and minority students than ever before, but this does not help when it comes to getting into a good school or a good program.
The other thing is that engineering majors are seen as "soft" majors. They are the ones that can't really talk to people because they are afraid they'll look stupid. But what about the ones that can actually engage people? And who is going to give them the award and the diploma? Most programs today give out diplomas that lead directly to advanced engineering positions and full-time careers.
One interesting trend that I've noticed is that engineering students tend to gravitate towards business courses and away from the humanities. It seems that while most students want to be creative, they also want to know how to run an organization. I've heard some students ask, "So what, I get to work with all types of people and make lots of money?" It seems that the focus is on the money rather than the creativity.
It is important to realize that there are lots of options in the world of engineering. One can choose to be involved in research, start a business, or even get into the medical field. There are plenty of jobs in the world for an engineer. And when I say "jobs," I mean real jobs with real salaries. When you compare masters in Science in engineering with various other degrees, such as business, you'll see that salaries aren't much different.
If you go with the idea of starting your own business, you'll have a greater chance of failure. This is due to the fact that many engineers don't go for a degree in engineering so they can go into a field that has much greater competition. If you have the passion for it, though, then you should go ahead and pursue it. But I would recommend that first you get your feet wet in another field so you can see if having an engineering degree will be useful for you.
Another thing that I noticed is that people go for engineering majors because they have easier times financially than other subjects. However, when you compare a masters in science degree with an average class attendance level, science seems to fare better. In addition, many engineering students go into a Masters program with financial troubles, looking for work to pay off their debts. This makes you wonder: are engineering degrees worth it when you consider how many students end up with loans?
These are only a couple of things to think about when debating between engineering vs masters in science. Do your research and consider what the specific pros and cons are for each path. Just keep in mind that there are more pros for going into a masters in engineering field, then there are cons to it. So you might want to look into that as well before making a final decision.
One advantage to going into this field is that you will almost certainly find a job once you get your degree. This means that you won't have to struggle to get employment in the field that you are going into. For some people, this is just the difference between them and getting a normal job. Some might even have trouble getting regular jobs with regular companies, because of the highly competitive market that exists these days. By having an engineering degree, you can bypass this problem.
Also, working in the field will allow you to learn more about engineering itself. Many people don't realize that not all engineers are experts in all fields. It takes a diverse set of skills to be an engineer. Having a master's degree will enable you to expand on the technical aspects of engineering, so that you'll be able to apply that knowledge elsewhere, should you choose to.
Overall, both Masters in Engineering in Science programs are great choices. You will be able to do what you want with your life once you graduate, so that is not really a concern. However, you might consider engineering vs masters in science, if you want to start a new career in that field. You will also have better job prospects than those who don't have any master's degrees.