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What is TERMINAL DEGREE?
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Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license.

A terminal degree is a university degree that can signify one of two outcomes. In some cases, it is the highest degree that can be awarded in a specific academic or professional track. In other cases, it is a degree that is awarded when a candidate completes a certain amount of coursework but does not go on to doctoral work. Some students enroll in a terminal Master's program with the goal of preparing to enter a PhD program. For certain professions and research grants it means the lowest degree to be considered qualified.

An earned academic (or research) doctorate such as a PhD is considered the terminal degree in most academic fields of study in the United States. However, professional doctorates may be considered terminal degrees within the professional degree track, even though they are prerequisites for research degrees. The phrase "terminal degree" is used heavily in the United States, but is used less often outside that country. The term is not generally used in the United Kingdom or Canada, for example, and its exact meaning varies somewhat between those areas and disciplines in which the term is used. In some countries there are degrees which are more advanced than the PhD, such as the higher doctorates in the United Kingdom and Russia, and the habilitation degree awarded in Germany.

Not all terminal degrees are doctorates. For example, in professional practice fields there are often terminal master-level degrees such as MEng (Master of Engineering), MLArch and MArch standing for Master Landscape Architect and Master Architect or even bachelor-level degrees such as BArch which stands for Bachelor of Architecture or BEng for Engineers, MB (Bachelor of Medicine - UK). Most non-doctoral degrees are not terminal in academic terms, with the exception of the Master of Fine Arts (MFA). The MFA is an academically recognized terminal degree and is given to practitioners in the fine arts and performing arts.
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