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master's degree

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noun
  1. a degree awarded by a graduate school or department, usually to a person who has completed at least one year of graduate study.
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Also called mas·ter's.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Word Origin and History for master's degree

n.

late 14c., originally a degree giving one authority to teach in a university; from master (n.) in its general sense of "man of learning" (early 13c.), "a teacher" (c.1200).

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Online Etymology Dictionary, © 2010 Douglas Harper