no opt please help. can i transfer F1 to H1B

I am going to be in USA on F1 visa. i am doing a very expensive MBA. if I find a sponsor to do my H1B in april 2014 can i transfer my F1 to H1B on CPT. I have already done my MSEE and finished with my OPT 29 months. How is the job market? can someone please let me know if i can get a job with no OPT. i am going to be on loan.