I've already read through a number of related questions about whether a Masters degree increases a developers ability and awareness, but one of the things I've struggled to understand is just how a Masters degree would help me.
I'll be graduating in 2010 and with luck will have landed a place on a Masters degree course at a decent university. However, once I've finished my Masters I'll want to get a real job developing software. Will this Masters degree increase my chances of employment? With a MSc would I still be rooting around the entry/junior level roles? A lot of people have told me that a MSc in Computer Science/Software Engineering usually equates to five years in a job, although I really cannot see that.
Finally, I can understand how getting a Masters in Computer Science would be beneficial for my development ability and understanding of theoretical CS. However, for the purpose of getting a job would a MBA be better or worse?