What is the name of the ceremony where students receive their diplomas?
A graduation is the awarding of a diploma by an educational institution. It may also refer to the ceremony that is associated with it, which can also be called commencement, congregation, convocation or invocation. The date of the graduation ceremony is often called graduation day. Graduates can be referred to by their year of graduation.
Usually, the ceremony and name apply to university or college degrees: Associate's, Bachelor's, Master's and Doctoral degrees.
In a graduation ceremony for a college or university, the presiding officer or other authorized person formally confers degrees upon candidates, either individually or en masse. However, some graduates may physically receive their diploma later at a smaller college or departmental ceremonies, or even through the mail.
Ceremonies often include a procession of some of the academic staff, candidates, and a valediction. The students typically wear formal academic dress, such as square academic caps and gowns. The academic staff will usually also wear academic dress at the ceremony, as will the trustees (if applicable).
More Info:
en.wikipedia.org