I see quite a few jobs thats require a high level knowledge of maths. So yes it will help with some specific jobs, not to relevent to all jobs though, although I'm sure everyone recognises good maths is important to SE etc
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In IT, an advanced degree in mathemmatics presents no material advantages I have seen or can think of. An advanced degree itself is an a credible accomplishment, and I am sure several employers would favor candidates who have earned one. But, being an English major myself, I see far more people I consider successful with degrees in the liberal arts, followed by degrees in Electrical Engineering, than anything else. And personally, if you're taking an EE into Information Technology, I'd hope it was because you reall wanted to study it. As a base of vocational skills, I don't see what advantages earnig an EE really brings you, other than a rigorous education.
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I think courses you will take for MS will decide whether MS in Maths will be useful in your career.Some companies definitely require knowledge in Math(means computational maths).For example companies working in CAD/CAM/GIS require engineers with knowledge of Computational Geometry,Linear Algebra.These subjects are generally not taught at BE(BS) level but can be taken at MS level.Also these subjects are not taught for online courses or some private institute(or community college).Similar is the case for companies developing some financial softwares etc.One company I know was searching for 2 programmers with knowledge of Cryptography and Security for 6 months and finally gave up the contract to some other company.
I think you need to look at the specifics. Do you know companies or see postings wich require or recommend such a degree? Two years is a big investment, and my guess is there are probably ore productive ways to put hat time to use. Capablanca correctly points out that some jobs do require advanced math skills, but the particular skill vary greatly. Chances are, if you can find a way to just take the specific courses it will be a more efficent use of your time and money. Kevin raises a common, but unverified point. There is no evidence whatsoever that a company would ever turn someone down for a professional position because of a masters degree. --Mark
You might be better off getting a degree in statistics, operations research, or applied math (generally applied to engineering). These are more applicable to the computer field, and you can get a job with them apart from the computer field, which may be important if things don't improve. Mathematics study is generally pretty theoretical. If you are going to study mathematics, discrete mathematics, such as combinatorics, and logic are areas that are useful for programming. Differential equations are usful for engineering applications. There are software jobs where mathematics is important, such as statistical applications, graphics, and some engineering and scientific applications. The logic in mathematics is also helpful for programming skills. However, if you are considering getting a masters degree, you are probably already fairly strong in mathematics.
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