What is a graduate degree? A graduate degree is any degree earned after completion of an undergraduate degree, such as master’s and doctoral degrees. One category of graduate degree is called a professional degree. Get notifications!Sign-up to receive an email when new articles are released from BetterCollegeStudent.com. SUBSCRIBE! You have Successfully Subscribed! We won't sell or give away your info, ever. This is for new article notifications and major announcements only, promise.