The term "graduate institution" refers to a university or college that offers advanced degrees, typically at the master's level and above. These programs are designed for students who have already completed their undergraduate education and are looking to further specialize in a particular field of study. Graduate institutions offer courses of study that require more rigorous academic work than an undergraduate program, often involving research projects or theses. The goal of graduate studies is to prepare students for careers in academia, research, or professional fields such as law or medicine.