MBA/PGDM

Dear Darpan,
Let me clear you certain things:
(1) If you go MBA finance, you can become a financial analyst, investment banker, financial planner, equity analyst, quantitative analyst, risk manager, credit analyst and many more.(2) If you go for CFA (suppose you clear level 3 also), you will be specialised person to be the financial analyst or in some cases quant analyst.
I would advise you to go for MBA finance because it opens more opportunities as well. If you look at the profiles of big positions, they want MBA from tier 1 college. However, it would be excellent if you do MBA + CFA.

To get admission for MBA/MS, you need to first appear for MBA/MS CET, following which you need to enroll yourself for the Centralized Admission Process (CAP) rounds. You will be allowed to fill in multiple institutions as per your choice and priority. You can enroll for additional CAP rounds if you are not allotted a seat in the institute of your first preference.

For a good career in management (PhD) I would like to suggest you to go for Fellow Programme in Management (FPM) at the reputed Indian Institute of Management (IIMs), XLRI, MDI, IRMA and similar institutes.

MBA in hotel management is the post-graduation course that AIMS in the development of managerial qualities needed for the services tourism or hotel industries in aspirants whereas MBA in Hospitality management course is all about the administrative functions in hotel, restaurants, etc. To get into a job in hotel management field for the posts like manager and all candidates require relevant years of experience in the same field whereas candidates who have pursued MBA in hospitality management can get into entry level jobs without experience.

It will be worth to study business in any international business schools. Munich has the best business school. Any higher study done in Germany has its worth since it offers the best education.

Both are somewhat equal. Opportunities are still there if you choose right specialisation. BBA + MBA is better than BMS + MBA combination. Some states don't offer BMS. It can create confusion in the mind of recruiter of different companies.