Biotech graduate here, in fact just graduated 3 weeks ago. Among the wide field of Biotech, Im doing molecular cloning and genetic engineering, that's where my interest lies. It's a fact that biotech-related job very hard to find. My friends get their lab job with 1.8k, mind you that they are all 1st class. Not being disencouranging, Msia is NOT READY for this field, resources such as grants are used for research that are hardly be commercialized. Pursuing master must have a strong purpose. If you feel despair in job hunting after your bachelor then only you opt for a master. That is totally nonsense because after your master you will be facing the same issue since your focus is at somewhere else. If you are still stuck in university, kindly involve in more activities that will make your resume look nice. Explore some other functional area like marketing or even sales. They are just as cool as lab work. Translating R&D output into a branded product requires the right people speaking the right words. Open up your mind to find something RELEVANT. We are having noble knowledge in ourselve and please don't sell yourself short just because of lack of response from companies, it might due to the low demand. Keep yourself relevant and when the day comes, we all shall be able to shine with glory.

The pay is low for scientist everywhere? Maybe, but there are so much more factor contribute to happiness in workplace. Biotech job is the happiest job in USA. http://blogs.forbes.com/meghancasserly/201...ers-in-america/

Yes you do it is because of interest, I really buy the idea. I understand the feeling of forgetting the time passed when I m so enthusiastic in completing my task and fulfill my satisfaction. That was the feeling I feel in lab during my final year project. 50 times of failure in PCR, emotions run ups and downs but the result, satisfy me.
Marketing or sales of course can be as cool as lab. I said so Maybe because I have bad experience in lab whereas u have a fantastic experience in your school's lab. Your coolest uniform is lab coat but my coolest uniform is dresses. People are different due to different background and experience. Please dun judge solely by ur own experience.
Science is the savior for our world, especially biotech, it fuel the world, feed the world and cure the world. But marketing/ business peoples also an important player in this industry to translate our R&D output to a picture/concept that can be accepted by the public. This industry somehow needs the right people to tell the right words at the right time. There is no dishonour job only dishonour man.