Specialization can definitely be a negative when you apply for a position where your degree doesn't apply. As an employer, if you see someone applying for a "b

Specialization can definitely be a negative when you apply for a position where your degree doesn't apply. As an employer, if you see someone applying for a "billing specialist" (read: fairly unspecialized) job with a masters or PhD, you instantly think: "This person is not going to be satisfied working this job, this person is going to want to get paid too much, etc"