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Thank you for the site. I was recently pursuing my MS in Software Engineering, for no better reason other than it seemed the best way to advance. Then I looked around at my peers, who had taken the path to get their MS and PhD, to see how much good it did them. The answer turned out to be: very little. Few of them were able to leverage their credentials into any sort of personal benefit. A friend of mine in the Software Engineering program were out having drinks one night, and he told me he had almost completed his MS. And I said "What For?". Because that and $1.50 will buy you a ride on the subway. Every tech employer I've spoken to wants the perfect engineer, AND a pony. They want you trained 10 years with 50 cutting-edge tools that have only been around for 5 years. God forbid they have to TRAIN you to do your job. All an MS does is overqualify you. I recently switched to an MBA program, and I think it's the right choice, at least for me.