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Albeit personal i am sure this will be echoed across all of us who have been working with 'IT' majors for last 2 years and are now desperate to get into BSchools, IIMs or otherwise.
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lol

... facts of life pal ...
and Tarun, you can go for HCL , but, I guess, after two yrs you would reconsider ur MBA plan

.. though I guess it would depend a lot on your personal career plans .. I dont doubt ur ability to secure admission in a good Insti two yr hence, but an IT job can be very much demanding at times (few of us might have experinced the same at the very vital time of exam) ... if you think you can be firm on ur career plans and work it out, ur options are open both ways ...