I believe that as long as the university is a reputable one then whether or not the degree is done online or face to face it is still relevant. Usually reputable universities that offer distance education have the necessary tools in place to ensure credibility. http://www.collegeconfidential.com/distance/online-trad.htm....states that the acceptance of an online degree will depend on a few factors. The website lists such factors as: degree-granting entity, level of degree, field of study, industry, individual hiring manager, and other qualities of the degree holder.
A survey conducted by vault.com logged the following results: 26% of respondents found an online degree as credible as a traditional one. 61% considered the online degree acceptable but less credible, while 13% found the online-earned degree unacceptable. Online graduate degrees were found to be as credible as traditional ones by 37% of the respondents.