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100%. You are eligible for doing PhD after MBA, considering you meet the minimum criteria of passing marks (55% in most cases).
A combination of MBA and PhD is one of the best education combinations in the world. I agree, it is not the easiest of programs to pursue but the benefits are going to be fruitful your entire life.
If you are planning to do a PhD after MBA, you can do PhD in Management, PhD in Business, etc. or you can consider DBA ( Doctor of Business Administration ) Program. DBA is usually considered as the sequel of the MBA and is the highest form of management education. Only after you weigh these options against your career goals, you would know if PhD in Business is worth it or should you consider DBA or any other PhD after MBA.
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