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I am not sure if I understand you correctly. What do you mean by "an entire Converted Test". Please give us more detailed information. In general you can execute a test in Test Studio which is recorded in VS. You can also export a test from Test Studio to Visual Studio. You can also execute a fully coded test. Hope to hear from you soon.
If you are using the button "Convert all steps to code" (see the attached screen shot) it creates a Unit test. To execute this test you need to add reference assembly to Microsoft.VisualStudio.QualityTools.UnitTestFramework.dll. See this video for a demonstration. Hope this helps. Regards,