Every student I have supervised has had a job lined up immediately after graduating and often had multiple offers. The jobs outside academia in industry R&D pre

Every student I have supervised has had a job lined up immediately after graduating and often had multiple offers. The jobs outside academia in industry R&D pretty much all required a PhD and as a masters student you would be more like a technician (there are exceptions but only very few). I work in optical telecommunications, so at the interface of engineering and physics. So if you want to do actual R&D work in this area you absolutely should be doing a PhD. Considering that you are quite well paid during the studies as well is also a plus.