Business studies is an academic area of study that provides the knowledge and skills needed for a career in the business realm. Studies may consist of finance, accounting, economics, organizational studies, business ethics, and marketing.

Venezuela, officially called the Bolivarian Republic of Venezuela, is a country on the northern coast of South America. Venezuela has an estimated population of approximately 29 million. In 2009 the Venezuelan government passed a law to establish a national standardized university entrance examination system, replacing public universities' internal entrance examinations.

After completing a bachelor’s degree, students have the option to earn a postgraduate diploma, which helps provide more in-depth knowledge in a particular concentration. Many students choose to complete this educational program in order to improve their job prospects or to specialize their workplace skill sets.