Internet revolution is creating unprecedented demand for technically qualified people. Many traditional and non-traditional students across the globe are joining this bandwagon. This is also changing education. Nontraditional students want education which is “customized”, “accessible” , “convenient” and “practical” and above all time and place independent. Advances in technology have created many solutions for “time” and “place” and even, “language” and “technology” independent web-based education (WBE). It is becoming easier to develop a course with the web as a “part” of or as a completely different web-based course. Webbased education (WBE) is diffusing in many traditional disciplines of business education, including finance, accounting,...