Is MD degree considered a Master's degree?

In terms of education reward of certificate (degree), the answer is yes. Level one is a Bachelors Degree. Level two is a Masters degree. Level three is a Doctorate degree. You need at least a bachelors degree before you may attend an accredited medical school. You also need at least a bachelors degree before attending an accredited law school. These two degrees or certificates would be considered second level. You do need a masters degree in order to go to school for a doctorate degree which is higher than a law degree or medical degree.

So a person with their masters degree is educationally on the same achievement level as a medical doctor. Only a person with a PhD is considered to have achieved the highest level of educational degrees or certificates.