At present, there are universities, academies and institutes, conservatories, higher schools and higher colleges. There are three main levels: basic higher education that provides the fundamentals of the chosen field of study and leads to the award of the Bachelor's degree; specialised higher education after which students are awarded the Specialist's Diploma; and scientific-pedagogical higher education which leads to the master's degree. Postgraduate education leads to the "Kandidat Nauk" ("Candidate of Sciences") and the Doctor of Sciences (PhD). With the adoption of the Laws on Education and on Higher Education, a private sector has been established and several private institutions have been licensed.