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Guys , whoever is interviewing and planning to join , do ask project availablity on priority basis before you take decision. On Java front looks like there is some project issue due to recent slowdown in market. My offer was not revised even after agreement with recruiter because of this.
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A Masters is nice, but from what I've learned, experience is better. I'd focus on doing what you're currently doing and getting as much experience under your belt as possible.
Just to put things in perspective, can you say where you're from? (even just generally)