Thanks Priyanka, I am actually looking for good B schools where the monetary investment is not very high. IIT's & FMS are undoubtably the best one's. But the fee is on the higher side. NMIMS is considerable & seems to be a good option. How about "Wellinger Institute (Mumbai)" ? Any suggestions ?

Hi Pranav, "Wellinger Institute" offers 2 years PG Diploma Courses. I want to stress the word PG Diploma. Wellinger's offers Hybrid courses where in they charge you extra money for Personal Contact Programme for every subject assitance is requested. If fees is a concern, which I totally agree with you, many organizations allow you financial assistance if you want to pursue your higher studies. You can contact your HR to check if any of the mentioned institutes are in that list. Please do let me know if you have any further questions. 

Priyanka, I had the same concern with Wellinger on PG Diploma & you just clarified it.. Thanks !Since, I want to continue my job in parallel. So looking for an executive MBA program with flexible timings & web classrooms/lectures. However, not sure if IIT's or FMS have such programmes. Can you advise on the same ?

Pranav, Narsee Monjee Institute of Management Studies offers Part time courses. The classes happen from Thursday to Sunday for 1-4 trimesters and Tuesday to Sundays for 5-7 Trimesters with 80% attendance as mandate. Given the years of experience that you have at the professional front, am guessing you might be at a mid to senior level management job making it difficult at times to put up with the classes and the attendance.  FMS Delhi offers MBA - Executive at Evenings as a Program. You can select IT as an Elective Course in the 2nd year. Then there is a collaboration between IIT Bombay and Washington University in St. Louis which offers Executive MBA as an 18 month program. It confers a degree both from Indian and American Universities and is the only institute of its kind. Their timings are the best so far. You have attend only 4 days in a month i.e from Thursday Mornings to Sunday Evenings in Mumbai. However, their enrollment started in July. IT Madras has a 2 year EMBA with weekend classes. However, the fees is 12 lacs. Taking the fact that IIts are a costly affair into consideration, I opted to omit other IITs details. Do let me know if you have further questions.