It is usually the fault level rating related to the 3 phase symmetrical fault current amps at the rated voltage. For example, a 14.4 kV breaker rated for 14,000A symmetrical fault current will be rated at 350 MVA. [(Sqrt 3)*14 kA*14.4 kV].
The rated MVA (or amps) is provided by the manufacturer, which should be equal or greater than the calculated short circuit current rating obtained by a proper short circuit current analysis of the system.
MVA-based SC ratings for circuit breakers is a deprecated method, at least in the US (ANSI C37). Older breakers were rated on an MVA-basis. The ratings are still seen and published, but are nominal values only. You must use the actual kA ratings for the circuit breakers.