Dreaming of graduating has the same spiritual significance as winning an accolade and of initiation. To graduate is to have reached a certain stage of knowledge or proficiency and in dreams, particularly on an emotional or psychological level suggests an element of self-control. Taking part in a graduation ceremony means we are receiving acknowledgement for our proficiency in having completed a project or task. We are now ready to move on to the next stage. You might like to consult the entries for Initiation and Win/Winning.