Absolutely. My experience was that MatLab was used as a series of magic steps to accomplish what we were really after: analysis of physical systems.
The impression I get of MathWorks is that they would like to be the walled garden of engineering tools. Don't ask how it works, don't try to do it differently, just use these commands to do these certain things.
Granted, I've only ever used it for school, but it is always incredibly painful to work with. I like Octave much better.