I also faced same confusion thisd after after i completed my 1 year of work exp. in a leading multinational but with a small package in Pune. I planned to go for a correspondence course from Symbiosis ....now i think its better to go for some satellite program from XLRI , IIMs rather than a distance MBA from ICFAI, SIMS because they only give you a logo in your resume, no any credibility in market.
So i would advice everybody and also would like to pursue the same next year with 2 years of work exp. in IT........