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I have a BSEE degree and I work in the semiconductor industry. When I first started with my company, I started working in a lab, then later took a position as a senior engineer, and kind of grew into the position. Right now, in my department, I'm the engineer with the least amount of education. Everyone else has an MS or PhD degree. If I quit tomorrow, my position would likely be filled by someone with an MS or higher.
Bottom line: As an EE, you don't need an MS degree to get a job and be successful. However, if you want to get to a certain place faster, having your MS degree will help a great deal.
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I think I'll procrastinate......in a little while.
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