Step 1: Identify the time expression.
The phrase “by the time I graduate” indicates a specific point in the future.
Step 2: Recall the correct tense.
To express an action that will be completed before a certain future time,
we use the future perfect tense:
\[
\text{will have + past participle}
\]
Step 3: Analyse each option.
Will have completing — incorrect; verb form is wrong.
Will have complete — incorrect; past participle should be \emph{completed}.
Will have completed — correct future perfect structure.
Will have been completing — future perfect continuous; used to show duration, not implied here.
Step 4: Select the correct option.
Hence, the correct answer is
\[
\boxed{\text{Will have completed}}
\]