This paper presents a comparison of various E-Learning models along with traditional modes of international education. This paper compares learning experiences across three modes of internationalization, i.e., inward oriented, outward oriented, and through e-learning. These learning experiences are typical of Small and Medium Private Colleges (SMPC). We provide a theoretical model to devise strategies for the use of e-learning along with traditional forms of international education in SMPCs. We defined two factors driving SMPCs strategies: Exposure to Culture and Demand on Faculty Time. Based on these two factors we defined four typical SMPCs strategies for internationalization: Travel, Network, E-Export, and Import. We discuss practical implications for international education in business of SMPCs and the use of e-learning along with traditional forms of international education.