Full Time

Yes, you are eligible for one year full-time course for B.Ed. You can do B.Ed with this. You can do a job in teaching if you want. This will help you in your career.

Regular MBA is better option, as you have only few months work experience. Regular MBA will give you a good knowledge of business aspects of various disciplines like HR/Marketing/Finance/Operations which ever you choose. Distance MBA is a good option if an individual have a good work experience of 4-5 years atleast. Regular MBA also gives you fair chances of getting placement in top MNCs.

You can pursue both, MBA and M.Com simultaneously, in which one should be regular, and other should be through distance mode. But, it will be difficult for you to manage both the courses. Also, distance education modes are for only working professionals, and has very less value. MBA from a reputed B-Schools are considered good as for placements and career growth.

Colleges do give admission on merit basis, but alongside you have to have written the entrance test, that is mandatory from the government body that regulates the affiliation of management institutes.