dlearn, thank you for your reply...
I am still doing foundation studies, and i am considering studying biotechnology in university.I find the subject interesting, and reading a book on mitochondrial dna(the 7daughters of eve - bryan sykes) piqued my interest. Isn't biotechnology the field to go into if i wish to do things like create new drugs, and obtain patents? Chem is not my best/most fav subject, so i ruled out pharmacy. Btw, based on your speculations, will there be any jobs in r & d in the private sector in the future, in say, 5 years? Other than teaching, and being in r & d, what are the other industries a biotech graduate to go into? So basically when you say a person with a bachelor's is only half-baked

, a master's is an absolute must in order to 'survive' the real world?