Bachelor's degree
A bachelor's degree (from Middle Latin "baccalaureus") or baccalaureate (from Modern Latin "baccalaureatus") is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to seven years (depending on institution and academic discipline). In some institutions and educational systems, some bachelor's degrees can only be taken as graduate or postgraduate degrees after a first degree has been completed. In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately), although some qualifications titled bachelor's degrees may be at other levels (e.g. MBBS) and some qualifications with non-bachelor's titles may be classified as bachelor's degrees (e.g. the Scottish MA and Canadian MD).
Honors student
A third meaning is a postgraduate "with Honours" or "cum honored" degree, which is (part of) an academic degree itself, e.g. the one-year Bachelor with Honours degree in Australia, the one-year Baccalaureatus Cum Honore degree in Canada or the four-year integrated Master with Honours degree in Scotland. Postgraduate Honours degree programs generally involve completion of master's level courses and the submission of a long high-research thesis.