Other variations of this question are as follows:

Do you want to complete your Masters/Post Graduation in near future?
Do you aspire to pursue higher studies?
Don’t fall into the interviewer’s trap. This question is shot at you to check your confidence level.

So, do not feel unarmed or look surprised. Keep your calm and answer smartly with a strong and indestructible logic.

Possible Answer #1:
“As soon as I graduated, I felt the urge to start working in the real world. It’s not that I am a total novice.

I have undergone 3 internships, of which 2 are paid from reputed organizations.

This credential has helped me land an offer from one of those firms.

I sometimes wonder whether I should have first completed my post-graduation.

Had I done so, I wouldn’t have been able to develop my complete portfolio.

And I am hoping that my track record will help me get selected for this position in your esteemed organization.”

Possible Answer #2:
“Having a PG degree is important, but I don’t think it is mandatory.

Most job seekers out there have similar degrees. In order to differentiate, a PG degree from a reputed university along with the total experience can obviously help me stand out.

I am aware of this and as soon as I get a call from any university about an executive program with weekend classes, I will surely enroll for the same.

As of now, I have a lot of responsibilities back home, which is why I don’t think it will be wise on my part to enroll myself into a full-time PG program.”