[hbhakhra]

In general I would say skip graduate school for CS. However, for your specific field, I would say do it. I did undergrad in CS + premed. I started doing some research in bioinformatics. I ended up getting a normal CS job. What I realized while looking for a bioinformatics job was that a masters at least was a requirement.

The thing with this field is that there is so much requisite domain knowledge, unlike traditional CS which is more skill. I would say if you are committed to Computational Biology then go get your PhD and it will greatly increase your chances of success. Again, if you want a normal CS career, skip the PhD, if you want a career in Computational Biology, get it.