Getiing this error when I try to open Teradata studio :
A Java Runtime Environment (JRE) or java Development Kit (JDK) must be available in order to run Terastudio studio. No Java Virtula machine was found after searching the following loacations: c\programfiles\java\jre7\bin\javaw.exe
During the install it asks you where your JRE is located. Did you download the 64-bit JRE? It looks like you are running the 64-bit Teradata Studio.
I had the same issue on my machine.
Install the comaptiable JDK version and then un-install any previos installations of Teradata and then re-install. If you did not un-install the following installations do not create the required JRE(Java Run Time ) folder in the program files as I observed. If the problem persists for any reason run the program as administrator with JDK installed.