Executive MBA

It really does not matter if you are thinking that doing an MBA will give you salary at par with the full time management post grads from top colleges.
A graduate doing distance MBA or executive MBA reaches to salary got by fresh campus graduate from tier 1 B schools like IIM, JBIMS, XLRI after experience of 10 years that's too if he really work hard, has exceptional communication and knowledge. an MBA from beyond top 50 ranked institute takes almost same time around 8 to 10 years to reach upto that level.
now coming to knowledge part, a distance MBA cannot help you unless it has case study component, project and compulsory classes for at least 8 to 10 weeks in a semester. When you compare it to executive/ part time institute like FMS, NMIMS, Anna University, JNTU they are much ahead and far better than any distance MBA. Take example of NMIMS- you study case studies, analyse it and learn how to read a case and solve problem, you work on individual as well as group project and group project is with different students each time, you try to create a comfortable group but university ensures you come out of it and deal with different sort of people. So, you can decide now that what and where you want to do

Executive MBA: There is a wide choice of institutes offering Executive MBA or PGPX programmes. You can aim to pursue it from the top notch B-Schools like the Indian School of Business (ISB)-Hyderabad, various Indian Institutes of Management (IIMs), XLRI-Jamshedpur, FMS-Delhi, S.P Jain Institute of Management and Research-Mumbai, etc.
Distance MBA: Some of the leading management institutes offering Distance MBA programmes are Symbiosis Center for Distance Learning, Narsee Monji Institute of Management Studies School for Continuing Education, Sikkim Manipal University Directorate of Distance Education, ICFAI University and IGNOU among others.