The hottest type of portfolios now are online portfolios. If you are in graphic design this is probably the best route for you. Many employers will assume that you've got a website. An online portfolio enhances your work if you concentrate on web design. The portfolio itself is yet another example of your work.
The benefits are- It is easy to send out as it's just a link, you can provide a look into your personality and it also allows for an interactive presentation of your work. It also has certain drawbacks. It is the most time consuming to create. You have to worry about it looking or behaving differently from computer to computer. You need the technical knowledge to set it up and it is expensive to hire someone to develop it for you. You will have to pay for a domain name and monthly web hosting.
Spread all across North America and Europe you can find graphical design schools that offer graphical design related degrees and programs. Search Engine Marketing skills translates graphic design and the print medium effortlessly. You can find programs in multimedia, graphic design and visual communication to advertising, animation and web development. The array of these programs all depend on what you want to achieve and where you see yourself succeeding.
All have much of the same principles and structure at work, but they all can have a different slant. Often people lump these categories together into "graphic design". A multimedia program for example may focus more on the TV industry. Other programs may focus more on print or website development.
Often these programs overlap in what they offer. Often, though, they are quite different. It is important to know the slant of the program that you select, as you will want to be happy with. Flash Website Design is a wonderful web design tool for Flash HTML design animate flash websites.