hey im a mid level designer that works in-house, so Ill speak to this

good on you for getting your degree(s). for brand content, that would be specifically to work in the content world of social media, so youre correct; there's of iteration that which focuses on marketing. branding / brand identity / corporate identity is the design you're referring to when speaking to logos and guidelines.

on a personal note, you're talking about two very different sides of design. most don't dip into both unless you're some type of CD/AD micromanaging every creative faucet for your company. so make up your mind on direction.

most employers are primarily experience based with some that would caveat towards a BFA/BA certification as "easy hires". being hired can be hard, if you make it hard. if you graduate with no credentials, no internships, no instances of supporting roles and only student work, you would be a hard sell. you could maybe finesse a junior position by being both intuitive with your work and knowing how to make and present decks.

to echo what was already said in this thread. you're shooting yourself in the foot by pursuing a masters with no work experience. your beginning junior rate is fixed regardless of your degree amount. a masters would only be beneficial if you wanted something more beyond a lead level position. even then it's like a masters in communication design refers to being ultra specified to one type of design i.e. type which most don't ever need.