Distance

Indian IT industry is in decline phase. No. of new jobs being created are reducing day by day because of outcry against outsourcing in Western countries. Most of the freshers recruitment is by campus placement. If you do BCA by distance learning, you will miss out on campus placement opportunities and may struggle to find a job. Therefore, you are advised that you should do BCA only from a prestigious formal college with good campus placement records only.

If you do MBA from an Institute recognized by Association of Indian universities, then you will able to seek admission in foreign universities for higher studies. It is foreign university decision whether to accept a degree awarded by distance learning university.

There are numerous universities and institutes, which are offering admission in finance through distance education.
You can look for brand name among corporate, approvals, service, flexibility, exam pattern and pedagogy.

50% is the eligibility criteria but just appear for MAT exam and apply to the colleges where you can get admission without 50%.

After completing BE in civil engineering, M.Sc. in mathematics is not recommended. You should go for either M.Tech or MBA. You may do your M.Tech part time.