Colleges in Vadodara

Yes, MBA at Parul University is good. For more information about MBA visit: http://www.paruluniversity.ac.in/admission/programmes/after-graduation/m-b-a/
Or, http://www.paruluniversity.ac.in/home/.

You are eligible for lateral admission. Visit site: http://www.paruluniversity.ac.in/admission/admission-process/admission-procedure/

Through sports quota, it is based on whatever is your percentage in 12th grade. If you have played school nationals then 3% grace make and if open nationals then 5% grace marks. And then if you reach the cut-off then on that particular day, you have to go for the admission.

The official dates are not out yet but you must check the official website in the month of May or June.

The entrance exam is mostly offline.
As the system of the college is changing, they might change this too.
But till now offline entrance exam was conducted.

Its all about your interest if you are interested in Research then go for M. pharmacy there are various specialisation in this field like pharmaceutics, Pharma analysis, Pharmacognosy, Pharmaceutical chemistry. If you like business, management and all then go for MBA (Pharma MBA or specialised in marketing and sales, operations, Hospital management). If you are interested in doing government job, you can apply for government. Pharmacist, Drug inspector, UPSC, etc.
Even you can do LL.B. And become a lawyer.

You should have PCM, as compulsory subjects in your class 12th with a minimum of 60% marks. For clear details, you can contact the admission department of a particular college.