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On the other hand, campus students have to attend their classes at the times set in their timetables. The third difference is that you direct your studies by yourself. You may have access to your online classmates through e-mail or instant messages or chat or blog sites. You can do your homework on your own schedule because of the flexibility an online program gives you. Clinical rotations can be arranged with a preceptor in your local area, making it possible to obtain a degree from a college or university that is miles from you. Increased used of the internet and various forms of multimedia technology has facilitated the growth of online learning and it is estimated that currently the online education industry is worth about 38 billion euros approximately. In the United States itself, 3.5 million students are enrolled in online degree courses. In order to aid the various higher educational institutes in spreading knowledge and information as well as in interacting with the students.
MIT in their bid to make available the various course materials of its undergraduate and post-graduate courses online for free to interested candidates. It is doubtless that such mba colleges course materials will be highly in demand among the student community and this institute is considered to be one of the finest in the world. Till November 2007, about 1800 courses have already been made accessible online and it is estimated that towards the end of this year all the course materials will be available.