Panama, officially the Republic of Panama, is the southernmost country of Central America. Situated on the isthmus connecting North and South America. Panama offers many universities and high schools that are bi-lingual and world class. There's an ongoing project called City of Knowledge, that consists of several educational programmes in the old installations of a former US military base (Clayton).

A Doctorate of Business Administration (DBA) is a degree offered by business schools and business faculties at some universities to be pursued after completing graduate education. This is the way into careers in advanced business consulting or academia.