Caracas is the largest city and capital city of Venezuela. It is a beacon of culture on the ocean shore that has many universities, theaters and museums. The cities universities are well known for their vast selection of specialties.

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.

A master of business administration (MBA) is a professional degree given to those who study business management at a business school. Various forms of analysis and strategy are covered including operations, marketing, finance, and accounting.