I have the developer edition of SQL Server 2014. During installation (or upgrade/add features), Master Data Services does not show on the list of shared features. Here's the @@Version from the installation:
Microsoft SQL Server 2014 - 12.0.4100.1 (Intel X86)
Apr 20 2015 17:34:37
Copyright (c) Microsoft Corporation
Developer Edition on Windows NT 6.1 <X64> (Build 7601: ) (WOW64) (Hypervisor)
How do I get Master Data Services installed?