Thinking about getting your MBA? Former GE CEO Jack Welch launches his new Online MBA program with Chancellor University in January 2010.

The Wall Street Journal reported recently that the online MBA program is back on schedule to open its virtual doors at next semester’s start, following its postponement when Mr. Welch was hospitalized last July:

After Delay, Jack Welch Online MBA to Launch

With unemployment now at 10.2%, it’s not easy to know whether a new Master of Business Administration degree could be helpful or irrelevant to a business career. Which may be more important, whether a degree program is online vs. on campus or whether a Wall Street curriculum is based on new game rules vs. old?