A PhD, or more accurately, a Doctorate of Philosophy is another degree (qualification) on top of your older degrees. Most people who have PhDs (in maths/physics/engineering) work on really interesting and cool things at universities!
To make this a little clearer.
When you go to secondary school, you will eventually leave (after 5 or 6 years) with higher and advanced higher results. You use these to get into university to study something you’re really interested in (for me this was maths!). You spend typically 4 or 5 years at University and then get a qualification, this is called a degree certificate.
If you decide to continue on with studying (almost like you are at school!) then you can take part in a PhD. This is another 3 and a half year long course where you pretty much study whatever you want and whatever interests you =).
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