Well in the academic propaganda world: it will give me a job withint the game industry as foley artist/sound desiger/mixing engineer. This can also be applied to the film industry, since sound design for movies and games are pretty much the same, just with a different approach.
In the real world: The only thing this degree gives me is a slightly higher salary. This doesn't really apply in Sweden, but degrees have a bigger weight abroad. And what could be added is that I don't think this applies when working by contract (freelancing) - the thing with this is that very few game and film studios have in house sound designers, they most often hire freelancing ones.
The most important thing this education has given me though is contacts - it's not something the school gave me directly, but thanks to it I've been able to meet other interesting students, and now we're a couple of friends who've gotten together and created a company. And thanks to this I'm most likely going to have a job by summer.
Sound designing and foley is really fun though, I'll tell you that