I'm a chemical engineer so I'll throw my two cents in. I can't speak to EE since I know very little about it.
As far as pay goes, ChE and EE both pay towards/at the top of the engineering food chain, I think ChE pays a hair more but it won't matter, you'll make good money and have comparable offers in either.
One serious thing to consider with ChE is that there is a 90% chance you will be put in a less than desirable location, and a very high chance you will be in operations (read: working at a plant/refinery). Think gulf coast, middle of Texas, middle of Nebraska, Iowa, etc. since that's where plants are. On the other hand that may not be the case, I happen to work in an office in downtown, or you could work at 3M headquarters in St. Paul, MN or similar. Just something to think about, most people out of college end up with great jobs but in less than desirable locations. Additionally, I don't know a single person I graduated four years ago with who is happy at a plant. Take that for what it's worth.
Another thing with ChE is that very few people who aren't ChEs really have any idea what it is ChEs do; many people think it has a lot to do with chemistry, and sure it uses chemistry as a basis but ChE is a whole different field. The way I think of it is that a ChE could very likely do a chemist's job, but a chemist definitely could not do a chemical engineering job. Chemical engineering is very heavy in physics and spends most of its time educating you in abstract concepts that are counterintuitive. It's a completely different animal from chemistry. With chemical engineering, you won't REALLY know what it is until you are about halfway through your junior year, when you really are in the thick of fluid dynamics, mass transfer, diffusion, etc.
I think you're confusing Chemical Engineering with Material Science. Sure Chemical Engineers can help with those fields but the Chem Eng skill set is much more heavily into fluids (i.e. liquids or gases and no dirty minds please
). To start with think heat exchange, fluid dynamics, phase change, separations, computational fluid dynamics (CFD), fluid flow and then you've got the chemical reactions to look at...
Traditionally the oil and petrochemical industry was the no. 1 destination for a ChemE nowadays there's also alternative fuels (bio, fuel cell and other renewables), the nuclear industry, pharmaceutical, water treatment, food, other heavy engineering, fermentation (including brewing....) and thousands of other applications. I'm sure I've not pulled everything out but I hope it sets the scene.
I've as masters degree in ChemE and have been in the industry for 15 years. There's a lot of jobs out there for any engineer I hope you chose what's best for you.
thebiggm
This guy's got it. Materials science is related to ChE and at least at my school was part of the ChE department, but a different major entirely with much different jobs.
I think 50 years ago 3 out of 4 graduates went into petroleum, now it's 1 in 4. That's still a lot and those jobs aren't going anywhere; distillation is and always will be a staple of ChE. There now is a very large focus in renewable energy, so ChE is by no means a dying field; it's changing as society's needs change. For what it's worth, I'm working on a renewable energy project for a major oil company client, so there you go. When you think of oil companies, don't just think of cracking and gasoline production and big bad oil companies in your wallet at the gas pump. They do so, so, so much more than just make gasoline and refine oil. It would be very easy to spend your entire career working for Exxon and never once doing anything with oil/gas.
IMO engineering in the US is undervalued. Our math education sucks and unlike other countries, "engineer" is not a protected title which is why you got positions like customer service engineer and sales engineer that just throw the word engineer in the title to make them sound technical. Most engineers never break 6 figures and personally I think for the amount of work expected, most are underpaid. And in the US, professional licensing is an afterthought unless you work for the government or want to be a contractor. In other countries, it's a rite of passage (in Canada they give you a ring and you can't even call yourself an engineer unless you're licensed).
"Sanitation engineer"
I do wish we didn't throw around the term engineer, sound engineer, sanitation engineer, recording engineer, etc. etc...not really the same as a chemical, electrical, mechanical engineer, etc.
I don't think I would agree that most engineers never break six figures though; I think most wind up around there. It's also important to note though that most engineers will not end their careers as engineers, but rather in management or something else. I wouldn't expect to get rich overnight in engineering though; some do if they are brilliant, most don't--most spend years with steady income and steady raises and promotions. There will be no $1M bonus for shorting a stock sale like there is on Wall Street, keep that in mind.