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Theoretical vs Applied work for industry jobs

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I'm deciding between two PhD programs. One is heavily computational and has fairly close ties to the CS department. The other is very theoretical, coupled with work in probability and optimization.  Both departments have strong reputations and seem to have good academic placement. I'm a bit concerned that the latter could make finding an industry job a bit more difficult, if that's what I decide to pursue.


Is this accurate?

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It depends on what you will want to do later on. I am sure there is some form of Applied research in your field, by which I mean : you use statistical methods combined with heavy computer simulations to model a given system. Now for sure : if you specialize in theory then you are more likely to end up in fundamental research.

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