A big number of universities in Armenia are situated in Yerevan where a large number of them is owned by a private individual compared to state owned. Every year the number of students is increasing.

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.

The higher education in Armenia has three levels namely undergraduate degree education called baccalaureate that takes 4 years, followed by 2-year study in magistracy. The final level is the post-graduate studentship that often takes a total of 3 years before graduation.

A masters is earned after students complete an undergraduate degree program. To obtain a masters, you usually need to complete 12 to 18 college courses that often involve completing comprehensive tests and/or a thesis.