I am a bachelor graduate in Information Technology with 3 years of experience and would like to pursue a masters degree, please advise with best option..

MBA or IT

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Executive MBA .......while working..or full time MBA through CAT..MY advise is to continue with your present work experience and make a switch to other companies when you feel the need to learn more and diverse.

I'd get into something related to networking , a couple of cisco certificates, ethical hacking , and you'd open up to a whole new possibilities in the security business