graduand (GRAJ-oo-and) noun

   A student who is about to graduate or receive a degree.

[From Middle Latin graduandus, gerundive of graduare to graduate.]

   "Speaking at the convocation ceremony of 481 graduands of the college in
   Kuala Lumpur yesterday, Dr Ling said Malaysia's rapid economic growth in
   the last decade has generated a demand for skilled manpower which has
   exceeded supply."
   Knowledge a life-long quest, Business Times Malaysia, Aug 2, 1997.

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Pronunciation:
http://wordsmith.org/words/graduand.wav
http://wordsmith.org/words/graduand.ram