Running Android Studio On Windows 7 Fails, No Android Sdk Found

I've downloaded and installed Android Studio, the program loads (after setting the JDK env variable) but when i click on 'New Project' i get this error : Your Android SDK is out o

Solution 1:

ok, here's how it worked:

I downloaded the Adt bundle and Copied the file "SDK Manager.exe" to the Android studio root directory and just executed it (this set the SDK environment variable to C:\Program Files\Android\android-studio\sdk).

then In Android studio clicked Configure ==> Project Defaults ==> Project Structure

then in the tab Project / Project SDK selected android SDK.

then in the tab SDKs / build target selected Android 4.2.2