Hi
I am not an expert in the US market, but I can share with you the European market.
You would need to consider your personal language skills and work permit challenge in Europe. If you are a European, then you have less problems; if you know the local language, then you can probably gain a higher chance; but if you are a non-European and lack of local langauge abilities, then your chance is lower (though it is still possible).
In norway, NHH, BI offers some very good programmes, and Cophenhagen Business School is good for finance. I am not too sure about the b schools in Sweden unfortunately.
If you are already looking at e-MBA, I would suppose you already have at least eight years of work experience? If you do, consider doing a e-MBA instead of distance learning.
Good luck to you!
Kind regards,
Thomas
http://thomaswai.blogspot.com