This is one format for independent learning. Continuing education has many methods for learning today, including telecourses, distance learning via the Internet, learning situations via videoconferences, and independent study, to name a few. These, along with traditional classroom-based learning, are all valid formats. Telecourses that earn college credit carry the same weight as traditional classes that earn credit. Ultimately, the reputation of the institution granting credit will determine how much it's valued in the business world.
Credit is credit.
One way to determine the quality of a college is to check if it's accredited by the accrediting agency of that part of the country. The college bulletin that a school publishes will indicate clearly if it's accredited. If it is, you can feel confident they have been closely scrutinized by a board of qualified appraisers in higher education. That's a good clue that there's a strong faculty that works closely with students. From that point, it's possible to visit departments within a school and gain a sense of the curriculum.