Victoria has eight universities and various government-run institutions that facilitate technical and further education. In addition, there is a state library which is good for researchers undertaking higher education in the area.

The component of a business that includes all of the activities and functions that take place during the transfer of goods from the producers to the consumers is called commerce. This also takes place on a larger scale between nations.

Australia has a subsidized higher education for students pursuing the undergraduate degrees. They also give loan and grants for the post graduate students. Higher learning starts at undergraduate degree level to a doctoral degree offered in any field of study.

A bachelor's degree is given to students who fulfill the necessary requirements given by the college or university they are attending. The requirements include three to seven years of focus on a subject, typically referred to as a major or concentration.

Online learning refers to use of electronic media and information and communication technologies (ICT) in education. With online learning one has the flexibility to access their studies at any time and from anywhere they can log on.