colonelradec, are you a graduate or undergraduate student?
I'm an aerospace engineering graduate student and is about to get my PhD next year. According to my experience, whether to buy a 12-core Mac Pro really depends on the area you will be studying in.
If you are going to study Fluid Mechanics or Solid Mechanics, a Mac Pro is necessary ONLY IF your adviser/research group doesn't provide one. People in these areas do need multi-core workstations for heavy load parallel computations(they use Fortune language, not Matlab). It's not a surprise to see their workstation running for a few days until a solution is computed. However, as far as I know, most professors/groups in these areas do provide students with powerful computers (could cost $2000-$4000, etc). If you happen to be studying in such a group, there is no need to buy one yourself.
On the other hand, if you are interested in Navigation/Guidance/Control systems, there is no need to buy a 12-core Mac Pro. You are very likely to jump into Matlab most of the time. As commented by other posters, Matlab is not quite efficient in parallel computation, and you don't even need to use parallel programs most of the time. A Macbook Pro is already sufficient.