Confused Between Executive and Full time MBA

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Hi I am Deepak, I am regular IMS student currently preparing for CAT 2012. I am Engineering graduate in IT, I have 2 years of experience as Software engineer with CMMI level 5 companies.My Current Package is 3.2 lakhs per annum. ...
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Hi I am Deepak,

I am regular IMS student currently preparing for CAT 2012.

I am Engineering graduate in IT, I have 2 years of experience as
Software engineer with CMMI level 5 companies.My Current Package is
3.2 lakhs per annum.

My academic records are -- High School(10th) with 80.20 % .... Higher
Secondary (12th) with 86.67 % ... B.E.(COMP) 67.34 % with HONORS.

Currently I am getting a good hike 3.2 lakhs to 5 lakhs from a US based company. They are going to provide me minimum 6 months onsite exposure after 1 year with their company,thus I will have to work with them for atleast 2 years.

I would like to go for MBA,but I am confused whether I should go for
full time MBA after giving CAT this year or I should go for Executive
MBA after my 4+ experience in IT.

I would like to do MBA in IT-Management or Systems or Operations so I
can use whatever experience I have gained.

There are two major factors of my worries and confusion :
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1st ---If I continue in IT field and if every thing goes fine after 2
years I would start earning 7.5 - 9 lakhs/annum also designation will
be promoted from SE(Software Engineer) to (Senior Software Engineer)

2nd---Should I go for MBA in case if I consider money factor ??
because from CAT preparation till I start making money after MBA 2.5
years will be passed and I have to spend huge amount of money (tuition
fee for MBA 7-8 lakhs min, expense including room rent - food etc
7K/month means 7.5*30=2.25 Lakhs)in total approx 10Lakhs.

If I would crack CAT with good marks, also if I would do MBA from
reputed college(among Top 20 institute in India), what are the chances
to get Good designation as well as pay ? what would be average
starting salary company would offer ??

Please clarify my doubts and advise.... I know, I have done lots of
calculation n all but these are the factors I need to consider before
moving forward for MBA.

Thanks in advance :)

Deepak Alibade

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