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It is pretty good.
Statistics and surveys show that distance education still has a long way to go and achieve as far as job placements after graduation is concerned. For instance, the average salary package offered to MBA graduates (2010-2012) of IIM Kozhikode (one of the top IIMs in India that offers a regular, campus based PGP in management) by top companies in India and abroad varied between Rs. 11.29 lakh and Rs. 18.78 lakh per annum. The 135 companies that recruited at IIMK included Deutsche Bank, Nomura, Goldman Sachs, ICICI, Deloitte Consulting, HUL, ITC, Cognizant, Amazon, Zynga, Maruti Suzuki and Flipkart.
The job opportunities that a distance education from an open university like IGNOU offer might pale in front of the packages offered to IIM graduates, but if we take a comparative look at the ROI, distance learning degrees don't fare that bad either. If we take into consideration the affordable and cost-effective distance learning programmes offered by open universities like IGNOU or Dr B.R. Ambedkar Open University, then the placements offered by them are actually good returns on the investment we put in!
I hope I resolved your query.

I did MBA from Lovely Professional University. The Business School of LPU is accredited from (ACBSP) Accreditation Council for Business Schools and Programs from the USA ensuring quality education and industry experienced faculty members, studying in LPU will get a degree accredited from a body of USA. This gives the students credibility of their quality and education during their placements to the Companies and for higher studies. Lots of scholarships opportunities for deserving students, which will make pursuing an MBA at a very affordable cost. The highest Package offered - 22 LPA
Impeccable placement records with more than 150 companies including ITC, Asian Paints, HDFC, Federal Bank, Royal Bank of Scotland, Moodys Analytics, WNS Global etc. And so on recruiting MBA students on an yearly basis with the highest package in MBA at 21 Lacs Per Annum and on a average package will be 4LPA TO 6 LPA with nearly 90 % placement rates. LPU keeps improving and increasing it placements packages year on year. Even the number of recruiters visiting the campus increase every year. It provides plethora of opportunity to the students. Likewise, skill development programme, professional enhancement classes, learning workshops or sessions, extensive cultural events and exemplary placement opportunity. They offer the chances of live projects for the practical learning of the students. The university also gives us the opportunity to get real-life exposure through various training programs and an internship, which is mandatory for all. Professors go for value-based education which is something we as professionals would require in our career. Guest lectures by experts and some really successful people are arranged by our department to widen our scope of learning. LPU will provide you a lot of opportunity for placement it just that you have to grab it and go for it. Live Projects & Consultancy: students have collaborated with various companies for their Live Projects such as Himalaya wellness, Bonn biscuits, Sony, Colgate, Modern Food, Capgemini, Oyo Rooms, Decathlon, Big Bazaar, Godrej, Lyoness, EduIsFun, Republic Motors, Facebook, Sitaby, Cloud Buy, Training Wizards, Design Lounge etc.

MBA and PGDM both are equivalent as per the courses offered. Even at corporate level organizations look for institutes brand rather than degree.
MBA: It is a degree course offered by the colleges affiliated to the universities. So, only universities can offer MBA programs. MBA institutes charge less fees as it is almost similar to university standard. Student pursuing MBA will be studying more of the theoretical aspects of management. An MBA institute will be following a fixed curriculum as it will be based on the university guidelines.
Below mentioned are colleges offering MBA degree:
1. Faculty of Management Studies.
2. University of Delhi - Delhi.
3. Symbiosis Institute of Business Management - Pune.
4. Narsee Monjee Institute of Management Studies - Mumbai.
5. Indian Institute of Foreign Trade.
6. Jamnalal Bajaj Institute of Management Studies - Mumbai.
7. Institute of Management, Nirma University.
PGDM course: It is a Diploma course offered by the institutes, which are recognized by All India Council for Technical Education (AICTE) and which are autonomous and not affiliated to any university. The fees is high in case of PGDM as compared to MBA. A student pursuing a PGDM course will be gaining knowledge regarding building soft skills and the program is more industry-oriented.
An autonomous institute does not have to follow university standards, so it is free to change its curriculum according to industry standards and change in the business environment. The course will prepare you for a senior level position in a company.
Below mentioned are the colleges offering PGDM courses:
1. Indian Institute of Management.
2. Xavier School of Management - Jamshedpur.
3. SP Jain Institute of Management and Research - Mumbai.
4. NMIMS - Bangalore/ Hyderabad.