The effect of the addition of the methyl methacrylate acrylonitrile butadiene styrene (MABS) copolymer on the miscibility, thermal degradation and rheological properties of epoxy systems is described. Epoxy resin/MABS blends containing 5, 10, 15 and 20 phr MABS were prepared using the solution mixing technique. Homogenous blends obtained using this technique have undergone a polymerization reaction induced phase separation process by the introduction of the curing agent 4,4'-diaminodiphenyl sulfone (DDS). The isothermal rheology at four different temperatures, 150, 160, 170 and 180 °C, was used to examine the effect of MABS on the gelation and vitrification time. The evolution of storage modulus, loss modulus and tan delta was found to be closely related to the evolution of complex phase separation. The increase in the complex viscosity during curing was determined by in situ rheometry and theoretically analysed by fitting with the Williams-Landell-Ferry equation. An exponential increase in complex viscosity was observed, which was induced by cross-linking. The variation of Tg before and after curing was studied using DSC analysis and dynamic kinetic modeling of the curing process was carried out by utilizing dynamic DSC scans. Thermal stability studies of completely cured epoxy/MABS blends using thermogravimetric analysis revealed that all the blends and neat epoxy exhibited single step degradation. Thermal degradation kinetics was calculated using the Coats Redfern equation.