MA in ESL or a CELTA/TESOL/DELTA?

I would highly recommend visiting the Teacher Training Forum on Dave's ESL Cafe. This is an ongoing debate there. The following issues have been raised of late:

1) Goals: Do you want to teach at a university or do you want to be a DOS?
2) Content: Does the Master's program include a practical component (practice teaching)?
3) Format: Distance Master's degrees are not accepted for some positions in some countries.
4) Geography: DELTA seems to have more recognition in Europe and the Middle East than in North America, Asia, etc., at least as far as college/university teaching positions go.
5) Employer: Schools which offer CELTA/DELTA training may prefer to hire DELTAs to Master's holders.

This is true, however, the major fallback for CELTA and DELTA is that they are pro-communicative approach which only works with certain groups of learners. CELTA and DELTA trained teachers are also weak in exam setting and also exam assessments. I would not say that having an MA TESOL is not as good or better than getting a DELTA. For example, if you have an MA TESOL from Brigham Young University or Utah State University, where they have a strong School of Education, you will be very well trained both theoretically as well as practicality. You will need to do at least 2 semesters of practicum, teaching English in their ELC. I am now working for International House where most of the teachers are CELTA and DELTA grads, but unfortunately when it comes to teaching, they are only capable of teaching classes using the communicative method. I have had students complaining to me saying that they were not learning grammar effectively.  So, if ya pro-communicative teaching, then CELTA/DELTA would be the way to go, but if you are willing to explore other teaching methods, then an MA TESOL will be best for you.

I think it may also be prudent regards this choice to consider that a DELTA course does allow itself to be creditable towards certain MA education certficates and is expandable to qualify you to full teacher status within the U.K. and the U.S.. As a stepping stone it may well broaden your life choices in the long run.

Looking at their site, I'd be very doubtful about it as well. This is a private company that has set up in pretty much the only place in the world that allows private companies with 'university' in their name to issue degrees. This doesn't make it a university as recognised anywhere else. Only a few of their courses are accredited and none of the accrediting bodies are actually major or internationally well-known ones. Most are 'society of this and that' accreditations - and anyone can set up a society.

Check with TESOL directly as to whether they recognise this 'university' and accredit the course. You can find details at www.tesol.org