In our modern times, the sermon doesn't have to be done by a religious person, but can be done by the dean or principal of the school, an invited guest (often famous or well-respected) or by the school valedictorian. The baccalaureate can be serious or light-hearted. In some cases, a time limit is set on the length of the speech, depending on the size of the graduation class. In other cases the weather is a big factor if the ceremony is held outdoors.