Business administration deals with the activities that need to be completed in order to maintain a certain standard of operations in an organization. Students studying this field can learn about management, decision-making, finance, marketing and productivity.

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.

Once you have obtained a graduate degree in business and have significant hands-on experience, the next step is an Executive MBA (EMBA). Programs combine fundamentals such as finance, accounting and marketing with leadership studies to get you into high-level executive and management positions.