Coming from a personal experience, I took RMIT from SIM while I was working in a Statboard and when I completed my degree they emplaced me to MX (degree scale). One of my sources from HR told me that with my distance learning degree I will not be able to enter from outside as they will prefer the norm,
NTU,
NUS,
SMU and UNISIM grads. However because Icurrently a staff of the statboard while studying, they chose to recognize my degree. Hope this brings clarity to your decision.