Ruth Balinsky Friedman, Rachel Kohl Finegold, and Abby Brown Scheier will get smicha with the title of Maharat Sunday. Their ordination is no different from the ordination men receive anywhere in the Orthodox world, except for the name.
Tablet Magazine reports:
On June 16, three Jewish women will be ordained as Orthodox members of the clergy in the inaugural graduation ceremony of Yeshivat Maharat, which bills itself on its website  as “the first institution to ordain Orthodox women as Spiritual leaders and Halakhic authorities.” But even though Yeshivat Maharat also claims to be “actualizing the potential of Orthodox women as rabbinic leaders,” its female graduates will not be granted the title of “rabbi.” Ruth Balinsky Friedman, Rachel Kohl Finegold, and Abby Brown Scheier will instead be ordained with the title of “maharat,” a Hebrew acronym for manhiga hilkhatit rukhanit toranit, or female leader of Jewish law, spirituality, and Torah.
While the Reform, Reconstructionist, and Conservative movements of Judaism have been ordaining women since 1972, 1974, and 1985, respectively, the Orthodox community has resisted this development, except in a few  unofficial cases  in Israel. Orthodox women have completed courses of study in Torah and Jewish learning but they have typically been granted nonclerical titles, such as yoetzet halakha—halakhic adviser.
Sara Hurwitz , dean of Yeshivat Maharat, was the first Orthodox woman to be ordained in the United States. In 2009, Hurwitz received smicha  from Rabbi Avi Weiss , founder of both Yeshivat Maharat and the Modern Orthodox Yeshivat Chovevei Torah  as well as leader of the Hebrew Institute of Riverdale in the Bronx, and Rabbi Daniel Sperber , a professor of Talmud at Bar-Ilan University and president of the Ludwig and Erica Jesselson Institute for Advanced Torah Studies.
Originally, Hurwitz was also ordained with the title maharat, but Weiss changed her title to rabba—a feminization of rabbi—in February 2010, incensing  the Orthodox rabbinical community. Weiss is known as a figure  who courts controversy, but the brouhaha in this case was short-lived. By March, the Rabbinical Council of America  issued a statement  about “discussions” that members of the Orthodox RCA had with Weiss: “We are gratified that during the course of these conversations Rabbi Weiss concluded that neither he nor Yeshivat Maharat would ordain women as rabbis and that Yeshivat Maharat will not confer the title of ‘rabba’ on graduates of their program.” Hurwitz continues to use the title of rabba, but no future graduates will have that option.
But the battle isn’t merely semantic; it’s about what roles women will be permitted to perform in Orthodox institutions. On May 7, 2013, the RCA reissued  its 2010 statement, noting: “We cannot accept either the ordination of women or the recognition of women as members of the Orthodox rabbinate, regardless of the title.”
“Historically and traditionally, women haven’t served as clergy,” Rabbi Mark Dratch, executive vice president of the RCA, told me in a recent phone interview. “In addition to the halakha, there are broader implications for the community. Traditional rabbinic roles have not been in the domain of women.” While the RCA takes no official position about whether ordaining women is halakhically permissible “in the strict sense,” Dratch noted: “Even if it were permissible, it might not be good policy,” calling the ordination of Orthodox women “divisive” and “premature.”
Sperber, who administered the smicha exam to next week’s graduates, acknowledged: “The question of the title is a difficult question. On the one hand, people live by titles. Institutions live by titles. Many positions require a title—a B.A., for example. On the other hand, they are politically explosive. So, it must be a gradual process. I think it would be good to give full respect to the women for what they are and know and have accomplished without challenging the Orthodox establishment. Which is exactly what the word ‘maharat’ is intended to do.”…
Perhaps an indication of the readiness of Orthodox congregations to accept these maharats lies in this fact: Three women from Yeshivat Maharat have already secured jobs. Crucially, the positions that have opened for these women are positions that are open only to clergy and that require smicha.
…Weiss emphasized that “functionally, they are no different from a rabbi. A maharat is a spiritual leader.”…