Refers to the completion of undergraduate studies at a college or university. After four years, I'll receive my baccalaureate from the university.
Pro Tip 2/3
Undergraduate Level
A baccalaureate is not a graduate degree but the step before that educational level. Once I have my baccalaureate, I might start working on my master's degree.
Pro Tip 3/3
Bachelor's Equivalence
Understand that 'baccalaureate' means the same as 'bachelor's degree' in many contexts. She earned her baccalaureate in Biology, which is her bachelor's in science.