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.

There are several private universities that can be found throughout Guatemala. Despite this, it still has some of the lowest literacy levels in all of Central America. Those looking to study in this country may have to pay higher tuition due to the privatized school systems.

A diploma is a document granted by any number of institutions, from colleges to technical schools. The intention of a diploma is to show that the holder has successfully completed coursework and has specific knowledge in the relevant subject. Diplomas are often offered and can be completed online.