INSEAD Blog by Zanat0s the INSEAD(er) @ Tokyo ! The Biggest among INSEAD MBA blogs. Insead is over, blogging not.

Good reasons to do an MBA

Well i am not getting emails from readers.. WHy? Because i am not blogging. Blogging during INSEAD and blogging after INSead are two completely different experiences.

WHy? Due to work and other important factors. Blogging is  good way to "kill" time or use some spare time, but what to do when there is no spare time? One can go through INSEAD students' blogs(the best one at this time belongs to necromonger an indian turned consultant) and see the spikes and lows during his INSEAD time. 

My work and private life have taken a toll on my blogging ability. Therefore zanat0s has succumbed to writing irrelevant posts and finding on the internet for his next inspiration. One good inspiration has to do with the benefits of an MBA:

http://www.mba.com/mba/AssessCareersAndTheMBA/TheValueoftheMBA/EvaluatingTheInvestment/AssesstheROI.htm

read the above link or if you can not access it read the article below

Assess the R.O.I. (Return on Investment)
	Graduate school is one of the biggest investments you will ever make in yourself. Before you commit to going for an MBA, one of the important questions you'll want to answer for yourself is, How much return will I get on my investment? We recently asked graduating MBAs of the class of 2006 to compare the overall value of their MBA degree with the cost of earning it. The overwhelming majority were very positive about the value of the degree, rating it outstanding or excellent. One way to improve the chances that you will assess the value of your degree similarly is to do a good job of weighing the relative costs and benefits of the degree up front. You should only begin to think about the costs and benefits of your degree after you have determined that an MBA degree will help you attain your goals. That is, before you calculate the costs and the return on your business school investment, do some self-assessment to determine what industries and job functions fit your skills, values, and interests, and make sure that the MBA will help you pursue your desired career.  Next, consider the costs of your degree as you would any large expenditure of time and financial resources. Given that about 70% of MBAs received financial aid to pay for their education, you should decide whether you are willing to make a similar financial commitment. (If you need an income but don't think you can work and go to school at the same time, keep this in mind: A recent U.S. Department of Education study showed a surprising result: 75% of MBA students overall and 61% of full-time MBA students work more than 35 hours a week. We're not saying it's easy to work and go for your MBA at the same time, but most MBAs manage to do it. Don't think you have to give up on your MBA dream just because you need your paycheck. Calculating Costs The first step in figuring out what your MBA will cost is to determine what tuition and living expenses you will incur and the type and amount of financial aid you will realistically be able to obtain. Carefully consider how much of your financial aid offer is in the form of loans and prepare a budget for your living expenses to figure out whether the loans will cover all your expenses. Also consider— loan interest and principal repayment relocation expenses and any associated change in living expenses "opportunity cost": factor in any income you will lose while in school. Part-time programs allow you to keep a full-time work schedule but, in most cases, take longer to complete than full-time programs. In a full-time program, if you don't work while in school, you will lose income for the length of the program; however, full-time programs are typically shorter than part-time programs and will allow you to get back into the job market with your MBA and earn an MBA salary quicker than part-time programs will. Incidental Costs You will incur expenses as you search for an MBA program, during the application process, and as you begin searching for a postgraduation job. You will likely want to narrow the list of schools to which you apply because of the costs, time, and effort involved. Costs add up quickly. Be realistic about what you will need to spend to apply to each school. Factor the following expenses into your budget: testing fees, test-preparation materials, and other miscellaneous costs application fees (ranging from US $40 to US $200), including fees for submittals using Web services or CD-ROM programs phone calls transcript request fees corporate networking visits postage or express delivery services travel expenses for recruiting events, interviews, or campus visits Weighing the Benefits Finally, evaluate the benefits of the MBA degree in terms of higher salaries and more career opportunities now and over the course of your career. Also consider higher skill levels in management and business, better job preparedness, the opportunity to meet and form lifelong relationships with your MBA classmates, and the personal growth and satisfaction that come from earning an MBA degree. These are all benefits of the MBA that make graduates feel satisfied with their degree. An MBA can open doors to a range of personal and employment opportunities. If you consider all the costs and benefits in light of your unique goals and circumstances and decide that an MBA is what you want, you can approach the next phase of your school decision confidently, knowing that you are about to make a wise investment in your future.

EURO 2008 or why WOrld CUp needs some tweaking

Euro 2008

 

Original @ www.inseadblogger.com

 

I know this is an MBA related blog and about life, but nobody should forget about the world’s biggest sport. I am talking about football. First of all let me clarify, it is not called soccer.

 

It is called basketball because the primary instruments are a ball and a basket. Handball is like football but players only use their hands and a ball. Baseball players need to use bases and a ball. Every normal person will call football- football.  For our American friends football is called by ROW(rest of the world). I am pasting wikipedias reference to how the world is derived and how it is used generally.

 

The rules of football were codified in England by the Football Association in 1863, and the name association football was coined to distinguish the game from the other forms of football played at the time, specifically rugby football. The term soccer originated in England, first appearing in the 1880s as a slang abbreviation of the word "association", often credited to former England captain Charles Wreford-Brown.[45]

Today the sport is generally known simply as football in countries where it is the most popular football code. In countries where other codes are more popular, the sport is more commonly referred to as soccer, and indeed is referred to as such in the official names of the governing bodies in the United States and Canada. FIFA, the sport's world governing body, defines the sport they govern as association football in their statutes,[46] but the term most commonly used by FIFA and the International Olympic Committee is football.

 

There is no dispute that Football is the world’s most popular sport. The world cup gathers twice the audience the Olympics gathers. There is only one problem with the World Cup. First of all some countries complain that Europe is over-represented in this competition consisted of 32 teams. Europe sends 14 teams at the World cup. Almost 45%. The critics argument is that Europe which has such a smaller population dominates the world cup.

 

Well let me tell you that they are wrong. No offence but with the exception of Latin America there are no other good teams around the world. Japan is trying but it is just an average team(worldwide). Japan may crush its Asian Neighbors but that simply proves the point that the competition in Asia needs to raise its game. Then you have S. Korea which I consider an OK team but worldwide they only have Word Cup 2002 to showcase and one may argue that during that Cup they were scandalously helped by the referees. China is a big country but that doesn’t make it a force in football. In 2005 I went to watch a friendly game between Shanghai’s best team versu the Beijing dragons(or something like that). The worst 90 minutes game I ever watched. I was surprised. I had low expectations but what happened during those 90 minuets can be put in this sentence: 22 people got divided in 2 teams, were given a ball and started hitting it and running up and down. IT seems “control” in china is still an unknown technique.

 

Africa is a rising force but unless they learn there is more to football than running up and down they will never mature. Iran is a middle east football powerhouse along with Saudi  Arabia. They should be getter get back to drill more oil and leave the game to professionals. North America, a special case. You have Mexico(which some Americans consider part of Latin/central America) which is a pretty good team actually, then CHAOS. USA is the only place(along with Canada) probably where football is not the Nr1 sport(maybe in China basketball is number 1, Japan football is number 2 after baseball). We Europeans have a theory about that….. Americans simply suck at football and pretend they do not care about it. I guess football needs something more than armor and muscles. On top of that in football we do not use cheerleaders or quarterbacks so the system wouldn’t survive the American high school culture. Enough with my venom though.

 

Euro 2008 is coming up! I prefer the Euro cup because only European teams are allowed which raises the level of the competition. Brutal facts: England (a football powerhouse) didn’t make it. Group A consists of Holland, France, Italy and Romania. If that was the World Cup one might get groups like : European country A, Iran, Trinidad & Tobago and an ok Latin American team. The Euro Cup is exciting the day it starts. In the world Cup I personally wait for the real competition to start( elimination phase). 

 

 

The world has to thank Argentina and Brazil for having GREAT times and therefore give a raison de entre to the world cup, although the rest of the latin America teams cannot be compared to the European ones. Here are the latest FIFA rankings, count the European teams.

 

FIFA Rankings as of April 9/2008:

1. Argentina (1519)

2. Brazil (1509)

3. Italy (1391)

4. Spain (1309)

5. Germany (1261)

6. Czech Republic (1234)

7. France (1205)

8. Greece (1187)

9. Portugal (1125)

10. Netherlands (1124)

 

By the way Greece is number 8! Why? Because greece’s record since 2002 is increasing non stop.  Number 1 spot and Number 2 spot go to Argentina and brazil since when they have their own cups they have less competition to worry about in their own backyard.

 

For all the haters out there, who believe Greece does not deserve a spot in the top ten - I hear a lot you know what from the English, and the Portuguese fans - you must ask yourself some questions:

1. Is it our fault England could not beat France in their recent friendly? NO.

2. Is it our fault England couldn’t qualify for EURO 2008? NO.

3. Is it our fault Nani and Ronaldo didn’t play against Greece? NO. [To be honest I think Ronaldo knew the Portuguese would lose, so he backed out (no

zanatos in the A380

www.inseadblogger.com good morning everybody. This is zanatos live from A380 flying from Tokyo to singapore. During Insead i had to do a project on A380. just wanted to say that.need to log off now

Competitive Economies for MBA students

READ ORIGINAL @ WWW.INSEADBLOGGER.COM !

The IMD Yearbook of Competitiveness:

The 20^th annual World Competitiveness Yearbook is published by IMD, a European TOP MBA(not as great as Insead- I am biased). The Yearbook ranks 55 economies on various competitive factors. IT tracks their path through the future Challenges. It is no surprise that US is number 1 for 15^th Years in a row. I believe there can be many people who will dispute that but remember the one who does the ranking doesn’t need to do them in a way that everybody agrees.

I am posting some of the results here so B-school applicants can think about places where they can get a job. It is very important since I believe everybody would rather work in a growing economy than to be in a slump. Opportunities await, take advantage of them.

One may complain that this is a European research, therefore more countries are represented. IT is true that European countries have 5 out of the 10 first places. Let me explain this is not a rnaking about how attractive an economy is but how competitive. For example Japan the world’s biggest economy is absent form the first 12 spots. That should surprise nobody. Japan may be big, but definitely not competitive. Another big absence is China. China is big and growing at trailblazer speeds is not the most open, competitive economy(you must have heard about state-owned companies).

Students should use this guide to decide where they would like to get employment after graduation. This is important because competitive countries/economies are always open to foreign talent(although this is not anymore for the USA).

Let the rankings begin:

Nr 12: Ireland

World Competitiveness Rankings:
Economy: 24
Government Efficiency: 7
Business Efficiency: 4
Infrastructure: 23

True Ireland is not what it used to be. It is not the only place with low taxes and the Euro is hurting. What Ireland was offering has already been copied by other countries and now Ireland is becoming an expensive place to do business. Opportunities abound in the pharma industry although it is moving eastward. Ireland has fallen behind in Telecommunications and Information technology. It is not Ireland’s fault that the center of the world is going eastern…

No. 11

Norway

Per Capita GDP: $55,610
Real GDP Growth: 3.5%

World Competitiveness Rankings:
Economy: 10
Government Efficiency: 15
Business Efficiency: 13
Infrastructure: 10

One word: OIL! North Sea oil. Did you know that After Saudi Arabia and Russia, Norway is the 3^rd largest Exporter of oil? One of the richest countries in the world but at the same time most expensive too. I once bought a burger for almost 5 Euros(and that was 5 years ago, before inflation). I do not know where there are opportunities in this country other than the oil sector

No. 10

Netherlands

Per Capita GDP: $37,743
Real GDP Growth: 3.5%

World Competitiveness Rankings:
Economy: 7
Government Efficiency: 17
Business Efficiency: 12
Infrastructure: 9

A country that has a great football team but never win any competitions. Great language abilities, very open economy(based on trade and international relations). Netherlands embodies the type of country that can make it on the 21^st century. There are some problems like entrepreneurship and research but I hope they will be fixed. A lot of opportunities exist in Holland due to European HQs

No. 9

Sweden

Per Capita GDP: $34,703
Real GDP Growth: 2.6%

World Competitiveness Rankings:
Economy: 22
Government Efficiency: 11
Business Efficiency: 8
Infrastructure: 5

IKEA, H&M Volvo and other hail from Sweden(along with tall Scandinavian models).

Sweden ranked first for computers per capita and Internet users, and second for secondary-school enrollment, the efficiency of large corporations, and expenditure on research and development. Fiscal policy and tax regulations need to be tweaked. 60% income tax, I am sorry this is a bit too much.

No. 8

Canada

Per Capita GDP: $37,383
Real GDP Growth: 2.7%

World Competitiveness Rankings:
Economy: 11
Government Efficiency: 8
Business Efficiency: 11
Infrastructure: 8

Think of US lite… Canada is a good mix of Europe and US. A very international place, Vancouver is more Asian than Caucasain. Oil is bringing in Billion of dollars, healthcare exists. Trade is booming. Canada is focusing resources on energy and letting foreign talent pour in. Microsfot opened a software center in Canada instead of the US because it was easier to bring foreign engineers.

No. 7

Australia

Per Capita GDP: $36,460
Real GDP Growth: 4.1%

World Competitiveness Rankings:
Economy: 15
Government Efficiency: 5
Business Efficiency: 6
Infrastructure: 16

Mines, resources, Rio Tinto and others are showering in dollars. It ranks second to the U.S. among countries with more than 20 million people, thanks in part to fierce resilience to economic cycles, the ease of launching startups, and a high influx of foreign college students. But if I hear once again the phrase Mr. Rudd, the Chinese Speaking Prime Minister, I will go nuts! Australia has found itself near china and with great asian relationships: China and Japan. Cleantech is improving and the financial sector is strengthening itself. Though I do not believe it can become a Financial hub.

No. 6

Denmark

Per Capita GDP: $36,265
Real GDP Growth: 1.8%

World Competitiveness Rankings:
Economy: 26
Government Efficiency: 4
Business Efficiency: 5
Infrastructure: 7

Another Scandinavian country joins the club. The Nordics prove my belief that culture is incredibly important for economic success. Bad cases in point include the Balkans..

Denmark as plenty going for it, placing first in the world for education, the percentage of broadband subscribers, employee motivation, positive attitudes toward globalization, and labor regulation. Though if Denmark become more right wing and doesn’t let immigration any more they will face problems(look at Japan), Europeans do not have an issue since they can go and work without any restrictions.

No. 5

Luxembourg

Per Capita GDP: $77,187
Real GDP Growth: 5.2%

World Competitiveness Rankings:
Economy: 4
Government Efficiency: 14
Business Efficiency: 9
Infrastructure: 18

If one can call Luxemburg a country….  I have no comments about it. It was in the list so I have to refer to it.

No. 4

Switzerland

Per Capita GDP: $38,131
Real GDP Growth: 3.1%

World Competitiveness Rankings:
Economy: 9
Government Efficiency: 3
Business Efficiency: 7
Infrastructure: 2

It boasts the world's third-largest current account surplus (16.8% of GDP). Unemployment is also unheard at 3.6%. It is supposed to have the best quality of life(but there is no definition about what is considered quality)among economies surveyed. Switzerland also placed first in finance and language skills, 3 official languages, first for its credit rating, and second for health expenditure. But expensive as hell itself.

No. 3

Hong Kong

Per Capita GDP: $41,110
Real GDP Growth: 6.3%

World Competitiveness Rankings:
Economy: 5
Government Efficiency: 2
Business Efficiency: 1
Infrastructure: 19

Hong Kong placed first for stock market capitalization as a percentage of GDP: 902.6%. To do business is Hong Kong is as easy as it gets. Government has 1.3% of Debt(Italy and Greece have both 100% upwards). Proximity to China, English is spoken around the island. Good infrastructure. BUT small houses! Consider that.

Opportunities are to be found in Finance(This is the NY of the 21^st Century), in trading and logistics, Consultancies. As a matter of fact a lot of Bschool Graduates make the move to HK.

No. 2

Singapore

Per Capita GDP: $47,052
Real GDP Growth: 7.7%

World Competitiveness Rankings:
Economy: 3
Government Efficiency: 1
Business Efficiency: 2
Infrastructure: 3

My sweetheart!  Efficient Government= Singaporean Government. Located equal time between India and China. Chinese and Indian population abound. Immigration of talent and money is more than welcome. They are trying to create a city of millionaires and they seem to be doing a great job at it. Singapore works by targeting sectors and attracts talent. SO if you are into technology, biotech or Digital graphics look at opportunities in this island state. Unemployment stands at a crazy (2.1%), and zero foreign debt make Singapore one of the healthiest economies in the world. Though growth comes with a price, it is called higher cost of living. I personally enjoyed many cheap lunches.

No. 1

U.S.

Per Capita GDP: $43,987
Real GDP Growth: 2.2%

World Competitiveness Rankings:
Economy: 1
Government Efficiency: 18
Business Efficiency: 3
Infrastructure: 1

The U.S. has ranked first on the World Competitiveness Scoreboard every year since 1994. But Singapore is closing in fast: The city-state trailed the U.S. this year by less than 0.7 points. US wake up otherwise you will become irrelevant in the years to come. Remember all Empires crumble from within.

Alexander’s, Qin’s, Rome’s, Byzantium’s,

Mail from Friend

Hello zanat0s,

Great to know that NIT is growing my leaps and bounds. I have some great news for you.

Qiu-inc.com and IndigoEdge, an investment advisory and consulting business, has created a strategic alliance to cater to SME's and Start-up's in India in addition to having a mandate to being a one stop shop to help companies from anywhere in the world to expand rapidly across Asia(South/SE Asia and North Asia).So our value proposition to clients stretches right Corporate Finance support including M&A, Business and market expansion and sourcing advisory,Operations turnaround,Market Assestement, etc..IndigoEdge is founded by great guys from IIMLucknow and that gives us complimentary networks to C-Level executives in India and across the world.

Blocked at Work

Original Posted @ www.inseadblogger.com

Today access to all websites from my office in the country which hosts the olympics(i cannot write the name so they won't find it), even my blog(my famous blog). But maybe they haven't heard of anonymous proxies. Life is about improvising. My chinese friends taught me to jump around hoops and evade traps. I am not an IT geek but i know how to bypass some issues.

This is a post from the DARK SIDE. If you want to visit some sites that are beyond your reach at some level i propose you try the proxy service. Go online and search for places which mask your ip. I won't post the address but they are many of them out there.

THe blockers will never prevail over the bloggers.

Rules in Life are not the same as in school!

Original posted @ www.inseadblogger.com

I got this today and i think it is so true. Some people do not get it.

This should be posted in all schools and work places

Love him or hate him, he sure hits the nail on the head with this! Bill Gates recently gave a speech at a High School about 11 things they did not and will not learn in school. He talks about how feel-good, politically correct teachings created a generation of kids with no concept of reality and how this concept set them up for failure in the real world.

Rule 1: Life is not fair - get used to it!

Rule 2 : The world won't care about your self-esteem. The world will expect you to accomplish something BEFORE you feel good about yourself.

Rule 3 : You will NOT make $60,000 a year right out of high school. You won't be a vice-president with a car phone until you earn both.

Rule 4 : If you think your teacher is tough, wait till you get a boss.

Rule 5 : Flipping burgers is not beneath your dignity. Your Grandparents had a different word for burger flipping: they called it opportunity.

Rule 6: If you mess up, it's not your parents' fault, so don't whine about your mistakes, learn from them.

Rule 7: Before you were born, your parents weren't as boring as they are now. They got that way from paying your bills, cleaning your clothes and listening to you talk about how cool you thought you were. So before you save the rain forest from the parasites of your parents' generation, try delousing the closet in your own room.

Rule 8: Your school may have done away with winners and losers, but life HAS NOT. In some schools, they have abolished failing grades and they'll give you as MANY TIMES as you want to get the right answer. This doesn't bear the slightest resemblance to ANYTHING in real life.

Rule 9: Life is not divided into semesters. You don't get summers off and very few employers are interested in helping you FIND YOURSELF. Do that on your own time..

Rule 10: Television is NOT real life. In real life people actually have to leave the coffee shop and go to jobs.

Rule 11: Be nice to nerds. Chances are you'll end up working for one.

Should one trust the Under 30s?

uthor Mark Bauerlein aims to provoke in his new book, "The Dumbest Generation: How the Digital Age Stupefies Young Americans and Jeopardizes Our Future" (Tarcher/Penguin). Do you agree?

Personally i am under 30 and i will try to rebuff his saying. I think the author is just overdoing it and on the contrary only the young generation can be trusted now. One needs to look at how the world has changed and who might have the skills to survive. The 8 arguements will be discussed here and their validity will be tested.

They make excellent "Jaywalking'' targets

Bauerlein writes: "The ignorance is hard to believe ... It isn't enough to say that these young people are uninterested in world realities. They are actively cut off from them. ... They are encased in more immediate realities that shut out conditions beyond -- friends, work, clothes, cars, pop music, sitcoms, Facebook.''

On the contrary. The younger generations is more able to shift through different realitis/situation. They(we) have learned how to use our fantasy to bring innovation.  They have adapted to the new "reality" that there are many ways one can live his/her life.  The new generation travels more, speaks more foreign languages and on top of that is connected to the rest of the worlds.  The younger generation is more eager to explore but at the same time uses the new technologies to get ideas of the worlds to be explored.

2. They don't read books -- and don't want to, either

"It's a new attitude, this brazen disregard of books and reading. Earlier generations resented homework assignments, of course, and only a small segment of each dove into the intellectual currents of the time, but no generation trumpeted aliteracy ... as a valid behavior of their peers.''

Ok this may be a bit true. True the new generation reads less than the previous one.  It cannot be proven but it holds true(although the numbers of books sold and printed is steadily rising). On top of that we know during teenage years a lot of students are facing peer pressure to be less studious so they won't be called ners.

Now to fire back.  Maybe younrers are not reading literature, but they are reading politics, philosophy, business books and a lot of magazines. It is not that the young people scorn reading but they just have different reading habits. To be on the road all the time is sure taxing. Mobilityis the new lifestyle and the mobile is the book of choice.

3. They can't spell

Lack of capitalization and IM codes dominate online writing. Without spellcheck, folks are toast.

No rebuttal here. he got me cornered. but remember words and languages  change as time changes. Having said that I think this book is too one sided and should be taken with a pinch of salt.

The book also states that the young generation tends to forget easier, if that is the case it is because the amount of information one should process at our time has increased more than 400%.

IT is simple. some years ago one would only be interested in the develpments in his own country now he has to be aware even about Timor-leste.

I haven't finished the book so the reveiw will be cut short.

Cheers!

Geeks gets burglar :P

THis is form another website but it is amazing! Geeks of the W o R l D ! unite

www.inseadblogger.com

Back to My Mac saves a stolen laptop
Posted May 9th 2008 3:00PM by Robert Palmer
Filed under: Odds and ends, .Mac

A clever Mac user helped police recover a stolen laptop using Back to My Mac's screen-sharing feature.

After her apartment was burglarized, the victim received a call from a friend while she was at work (conveniently enough, at the Apple Store in Westchester, NY). The friend noticed her stolen computer was online. The victim then quickly used another Mac to connect to the stolen laptop.

The article doesn't mention the technical details, but I reckon she activated screen sharing, and started Photo Booth (or another app that activates the laptop's built-in iSight camera). After a while, the perps showed up, and the victim's roommate recognized one of them as an acquaintance who had attended a party at their apartment some weeks before.

Armed with names and photos of the alleged thieves, police quickly arrested two men, who were in possession of most of the property stolen in the burglary.

If that isn't worth her year's subscription to .Mac, I don't know what is.

(Update: The New York Times has a story with some more details. She used Photo Booth, too. Who called it, baby?

INSEAD on Second Life : Post By Guest Author

original @ www.inseadblogger.com

This is the first article by a guest author @ our blog.

Cheers! Thank you Susan Jacobs

INSEAD on Second Life

Many businesses and schools are finding success on Second Life, the popular virtual world that has taken the planet by storm. Although various undergraduate programs have had a virtual presence on the site for years, INSEAD had really broken new ground for management programs and business schools in general.

Botond Molnar, Balint Halasz, and Peter Vikar are the three architecture students who designed virtual classrooms for INSEAD's Second Life campus. It is there that students can receive supplemental education from virtual lectures. The Second Life campus also serves as a social networking tool for students, professors and potential employers.

There are three main areas in INSEAD's virtual campus: Lab, School and Public Campus. Once an avatar lands in the middle of the campus, he or she can walk down to one of the three areas. The campus is still a work in progress, mind you, and will only improve from here.

Miklos Sarvary, Director of the International Centre for Learning Innovation, says:

As an educational institution providing high quality education, we try to give a lot of information in a very short period of time to very busy people. One barrier that we face is taking executives away from their daily work. Their absence can cost the company a lot of money, on top of travel and hotel expenses. Second Life can dramatically reduce these costs as our virtual campus allows faculty to keep in touch with participants, helping them to implement skills and knowledge learnt from attending a programme at INSEAD for a fraction of the cost.

For a better idea of what INSEAD's Second Life campus looks like, there is currently a video tour on YouTube. More business schools are following in INSEAD's footsteps by creating a Second Life campus, as well as other online communities. Financial Times recently touched on this new trend, giving credit to INSEAD for its groundbreaking virtual campus. At this rate, perhaps all colleges will be attended virtually in the future.

By-line:

Susan Jacobs is a freelance writer as well as a regular contributor for CollegeDegree.com, a site helping students select an online college degree. Susan invites your questions, comments and freelancing job inquiries at her email address susan.jacobs45@gmail.com.