Dear aspirant, a distance mba degree is valid but a regular degree has more value than that of a distanced degree, also the pgdm program from nmims will help you get a better job as it is preferred over a mba degree from distance course. Also it depends on you if you can attend the college or not , there are factors that need to be taken care of and most important of that is your availability for a regular program.

Hope it helps.

All the best:)