A shockingly high percentage of new hires to the airlines have advanced degrees, perhaps 30%. It would suggest that the additional education is helpful however that is not the case. Over half of all new hires to the majors come from the military. Military plots often have access to government funded university training and therefore tend to have a high percentage of advanced degrees.

My guess is that it wouldn't help and the loss in time and money would have a negative effect upon your chances. The only things that have an effect are: having a four year degree, a high level of competitive experience and good solid individuals that are campaigning for you from the inside.

My guess is that if they bring it up during the interview at all it will be in a negative tone, "why did you pursue this instead of buying a type rating"? Pilots are expected to be completely invested in aviation only.

SkyHigh