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You can go for Executive MBA because it is an advanced business degree programme which is for Professionals. You have a great experience in Banking Sector so you can choose the specialisation of Banking and Finance during MBA, it will help to grow and you will get a high package salary after MBA.

MBA graduates are preferred for managerial roles in corporations while M.Com is a better course to find job opportunities in the areas of core finance and accounting.

If your daughter has an interest in commerce then you have to go for B.Com (Hons) in DELHI UNIVERSITY.

Yep, it's a very good idea to choose commerce with math as (optional) subj, it will very helpful to your son in further classes. Its advantages are in some exams like NDA CAT CA & CS and many competitive exams. I know it's become very hectic to students those who take commerce with Maths but in the same way, as I say it's scope is too big and very helpful. I'm saying this because I'm sharing my own experience. I also had Maths as optional in the 11th commerce field.

After B.Com, you can continue with M.Com Statistics specialisation and salary would get is around 30,000 per month that is around 350,000 to 360,000 per annum.