Online MBAs: Free to study, wherever you might be

In the early 1990s, Judith Bouvard, now dean of Grenoble Graduate School of Business, took a distance-learning marketing course with Henley Management College. "It came in a beautiful suitcase," she remembers, "and it was nicely packaged and sequenced. There were VHS and audio cassettes, a workbook and a textbook. You sent in your assignment by post and back it came, graded."