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Postgraduate is defined as a course of study or an academic program that occurs after a college degree has already been obtained. Medical school or law school are examples of programs that would be described as postgraduate programs.
The graduate student hones his or her research skills performing the research of the adviser. Completion of the PhD defense signals that the student has completed the apprenticeship. The post-doctoral fellow is the journeyman, one who has completed training in the basic skills, but is not yet considered a master.