If you are competing against Ivy League grads for a position on Wall Street, forget it.

The most common areas I’ve seen online graduates have success are:

1) They are already within a company, have an excellent track record, and need a regionally accredited degree to be considered for a promotion.

2) The “geographically challenged”. If an employer is recruiting from a pool of applicants in the area (or looking to build a skill set internally), the only choice may be online degrees for certain skills or training. Think Idaho / Midwest.

However, online schools lack the prestige or name recognition of traditional on ground schools. For alot of military personnel, policemen, people with odd shifts, and working adults, online degrees are the only option.

One way to find out is to ask up front if the degree will be acceptable to the employer or grad school you are interested in.

After you have practical experience, your success and accomplishments become more important than the name on the degree.

Make sure any program you enter is regionally accredited. Regional accreditation shows that the school has passed a review process that will help ensure that your credits will transfer to other schools and that you are eligible to sit for licensing exams.

Check here before you enroll: http://www.chea.org/search/

Avoid unaccredited / fake schools such as Kennedy Western / Warren National / Almeda / Rochville, just to name a few.