To answer your question tho - a degree is a degree and an ATPL is a pilot's licence.
They are two seperate things and although they each show a level of commitment to studying (one moreso than the other in my view), if they are specifying a degree as a pre-requisite for a job, unless they are an airline and you are appling for a job as a pilot, I'd be surprised if they even know what an ATPL is........