A master’s degree is the first level of advanced study. Also known as a graduate program, this degree usually requires one to two years of additional coursework beyond a bachelor’s degree. Typical master’s degrees include MA (Master of Arts), MS (Master of Science), MFA (Master of Fine Arts) and MBA (Master of Business Administration) but can also include MM (Masters in Management), MHA (Master of Health Administration) MIS (Master of Information Systems) M.Ed (Master of Education).