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The real difference is the master welcomes failure and learned from it whereas the beginner might find failure to be an actual failure instead of a mere stepping stone towards success. It is impossible to avoid failure but it is possible to make the best out of each failure.
The original meaning of the master's degree was thus that someone who had been admitted to the rank (degree) of master (i.e. teacher) in one university should be admitted to the same rank in other universities. This gradually became formalised as the licentia docendi (licence to teach).