<p>I have to say it depends on what you plan to do. Depending on your engineering discipline it may require a master for anyone to even consider hiring you. If you have a good generally engineering background you can always find a job, maybe not doing exactly what you wanted but engineers are very employable. On the flip side having a Master may hurt you could be too specific in your field of study there by limiting who would hire you or the are very few people looking for those kills.</p>
<p>When I graduated with a BSEE from a very good school and spent my entire senior year studying Semiconductors and wanted to get a job designing Chips, I found out real fast no company doing chip design will hire some with a BSEE you needed a MS or PHD. However all my knowledge allowed me to get a good job with a very good company doing something completely different. I always plan to go back, and took classes off and on to keep my knowledge up to date and the company paid for it. I finally went back for my masters 15 yrs later after I had lots of various experiences under my belt and got a Business Manage Degree in Technology. Again my company paid for most of it. I personally am glad I did not stay straight engineering since my field I was working in was slowly declining and have my masters degree today allow me more flexibility and I am still in the Engineering field.</p>
<p>I do not think there is one write answers, you have to look at what your end goal is and how you want to get there. There are many paths to and you have to decide if the master now or later is going to help or hurt you.</p>