Bachelor's degree
A bachelor's degree (from Middle Latin "baccalaureus") or baccalaureate (from Modern Latin "baccalaureatus") is an undergraduate academic degree awarded by colleges and universities upon completion of a course of study lasting three to seven years (depending on institution and academic discipline). In some institutions and educational systems, some bachelor's degrees can only be taken as graduate or postgraduate degrees after a first degree has been completed. In countries with qualifications frameworks, bachelor's degrees are normally one of the major levels in the framework (sometimes two levels where non-honours and honours bachelor's degrees are considered separately), although some qualifications titled bachelor's degrees may be at other levels (e.g. MBBS) and some qualifications with non-bachelor's titles may be classified as bachelor's degrees (e.g. the Scottish MA and Canadian MD).
Undergraduate degree
Entry to any of the available programmes of study in the university is open to anyone with a secondary school degree; in most cases, students who have successfully completed high school must pass a first year called CBC, which stands for "Ciclo Básico Común" (Common Basic Cycle). Only upon completion of this first year may the student enter the chosen school; until then, they must attend courses in different buildings, and have up to 3 years to finish the 6 or 7 subjects (which vary depending on the programme of study chosen) assigned in two groups of 3 or 4. Each subject is of one semester duration (March–July or August–November). If someone passes all 6 subjects in their respective semester, the CBC will take only one year. Potential students of economics, instead, take a 2-year common cycle, the "CBG" (General Basic Cycle), comprising 12 subjects.