>> How much can I ask for?
Assuming what your work experience is 100% relevant, expect similar *annualized* pay package. Otherwise, expect some cut.

>> My progression will be hindered by my degree?
Degree only determines your starting pay. You'll be assessed based on potential and performance after you've joined.

>> Does taking Masters studies help?[/QUOTE]
Only if it's relevant and useful to the positions that you've applied for. MBA is no count.