The baccalaureate ceremony is considered the highlight of the school year.. It is especially a time to formally recognize the achievements of students who are in honor societies and who have earned academic excellence. In other words, it's for those who truly studied, did not cheat or steal ideas off others and truly were honest and who did not settle for "status quo" grades but worked to be the best of what they could be. However, with some schools having two ceremonies is too expensive and a lot of work, so the baccalaureate is blending with the commencement (sometimes making it a long event).