Master's Degree is slowly being phased out from some disciplines even in elite foreign universities. Some of those colleges only issue Master's Degree in some discipline to those who did well in their PhD course but were to put out. They don't offer Master's on its own.

I'm sure if you check contemporary colleges, most PhDs are slowly removing the need for a Master's Degree.

Remember that this is because a PhD is not a display of excellent mastery for the industry, but a hyperspecialization for academia.