A virtual university is an online university that offers instructions using the latest internet technologies. A virtual university generally makes use of methods like video streaming, video and audio conferencing, online chatting, emails etc to pass instructions to the students. The online degree programs offered by online universities are mostly 100% online whereas some rare programs may require physical presence.

According to estimates the Online or the virtual learning industry is growing at a fast pace and is likely to capture more than 20% of the educational market share in the years to come. A survey conducted by the National Center for Educational Statistics, almost half of all U.S. colleges and universities, offer distance education programs that include 100% online courses as well as distance learning.

With the continuous improvement in communication related technology the scope of online universities is increasing at a fast pace. Students too are ready to join these courses as the degree they get from online studies gets as much recognition as any other regular college degree.