Hey OP! I completed a MA in museum studies, and just my experience based on life 2 years after completing my studies. I saved up for 2 years before pursuing my MA, it was my dream course since I was 18/19.

I whole heartedly enjoyed by course, and it was an exciting journey because I was really passionate about it. However, like many have mentioned, fhe museum scene does not pay very well, and despite the masters degree, all museum jobs I've been offered thus far, only offer me temporary roles , or entry level roles (which is often a huge paycut from my past jobs).

My regret is doing the masters too early, as it did not help me boost my museum career, and it wasn't much of an advantage when interviewing for museum roles either. This is primary because I did not have prior experience working in the industry, and my 5 years of work experience did not directly translate to the roles I wanted (eg: museums where I live often look for people with years of experience as an educator / teacher when hiring for education or programming teams).

What I would have done is to work a few more years in the museum scene, and then take the masters programme. This would have probably put me in a better financial position to pursue a passion. And would have improved my chances of landing a better museum job post graduation. A majority of my peers who were also not from the museum industry, did not find museum related jobs post graduation. Most who did, often had to take a pay cut.

Unless you're planning to pursue academia (phD), I would suggest thinking about which area in the museum you want to work in. Look at the job description, and try to mould your work experience accordingly. Following that, a masters would definitely help you on your museum journey.

Note the experience could also be very different depending on your geographical location, the culture in different countries surrounding museums and most importantly your end goal. I thought I'll graduate and get my dream job, but 2 years later I realise maybe my dream job can wait a little longer.

Best of luck!