The "🎓👨‍🎓👩‍🎓" emoji represents graduation and is commonly known as the "Graduate Emoji." It symbolizes the accomplishment of completing an academic program or achieving a degree. The emoji depicts a graduation cap, typically worn by students during commencement ceremonies, along with male and female figures wearing graduation gowns, signifying both genders. It conveys a sense of pride, success, and the beginning of a new chapter in one's life after completing their studies.