It’s not a good idea to do a distance MBA from Madras University. It will not add much value to your profile. Rather than doing a distance MBA, you can consider doing some short courses in advanced Excel, or SQL, that will help you enhance your skills.
If you are thinking of pursuing an MBA degree, it's better to do a regular one with good placement opportunities.
No, you should not opt for the distance MBA course as you need to work first, clear all the loan dues, and gain experience before going for anything else.
You can then pursue the MBA course by taking admission in any of the renowned institutions like IIM. It offers various executive MBA program which requires a minimum of 3-5 experience.
As the distance learning courses don’t add any value to your resume and while on other hand executive MBA helps you increase your package and to also enhance your skill set. Therefore, opt for the executive MBA rather than the distance learning course.