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This essay sheds light on what is a competency-based degree program, demystifies the benefits of completing a competency-based degree program, explicates how to complete a bachelor's degree program in about three months, and elucidates how to complete a master's degree program in about one month. Succinctly stated, a competency-based degree program is deemed to be a type of degree program that is offered at higher education institutions, such as universities and colleges. A competency-based degree program is the antithesis of a traditional degree program. Courses in a competency-based degree program are offered to students as online courses. Students have the autonomy to complete courses in a competency-based degree program from anywhere in the world remotely since the courses in a competency-based degree program are not deemed to be in-person courses. Furthermore, the courses in a competency-based degree program have been configured to be in the asynchronous format. Students have the autonomy to complete courses in a competency-based degree program at anytime without needing to attend online live lectures in real-time to do so. The competency-based learning model is harnessed in a competency-based degree program to help to facilitate the learning process among students. Disparate types of instructional materials are curated in the course modules of a competency-based degree program to help to facilitate the learning process among students. Students are all the more enticed to be matriculated at a higher education institution in contexts in which the degree programs that the students are interested in enrolling in at a higher education institution are offered to them as competency-based degree programs. A competency-based degree program has been configured to offer students ample conveniences in the process of them being pursuant of a degree program.