[5.M0NSTER]

In addition to the great advice already posted, I have 3 more points:

1) In a tough economy you need to cast a wide web. I applied for over 110 postings before landing my first job out of college. That resulted in 2 interviews, and 2 offers. Apply like it's your job, because it kind of is now.

2) See if the company has a continued education program which can pay for part or all of your Masters. Masters degree won't help at first, but after 10 years of experience it will be the next crucial thing to get higher up the corporate ladder, and you will learn more about running a business.

3) Have a plan. Your first job is just that, your foot in the door. Every 3-5 years re-evaluate what your long term goals are, and seek the next career move which will help you get toward that goal. You have to actively seek this out, and make the moves happen. Some people think that if they just do their job, and keep their head down they will automatically be promoted and given the next role. Not how it works. You have to ask about it, think about it, plan and do.