Mumbai

I will try to answer it from SPJIMR's perspective. Speaking as a student, who was in your place. I will highlight that what helped me. Placement - SPJIMR placement data from 2016-18, mentioned that the average salary INR 22.24 Lacs.
Also, these number are fully audited - Check it here - https://www.crisil.com/en/home/our-businesses/sme-offerings/crisil-education-gradings/placement-data-audit.html
Academic - SPJIMR is unique in its pedagogy. They don't teach different things but teach things differently. Want to understand finance concepts? Play monopoly and learn. Want to understand sales? Shadow a real salesperson. Professor-
More than 53 full-time professors and most of them are with relevant industry work experience (20+ years). This is unique since most Iims and other colleges require Ph.D. which can sometimes be a hindrance to teaching. Management schools are preparing you to be manager, leader and who better than to learn from industry experts. Don't mistake it to ignorance as SPJIMR also has more than 36 Ph.D. professor. Alumni/Network
SPJIMR has a rich network of more than 10k alumni. Regular session with Alumni, some frequently visit campus since it is in MUMBAI factor - SPJIMR in Mumbai is the biggest advantage. Any C-suite executive can visit the campus when he likes. Which even means, we as students can visit them. Extra-curricular - They focus on non-classroom learning. We mentor an under-privilege sitara (standard 7-12th) and guide to achieve his dreams. Not only academic but as a mentor. Batch profile- SPJIMR has one of the diverse batch profile since the focus is on the individuals profile more than just marks. We have a 40-60 gender ratio, and good balance of engineer and non-engineers, 30% fresher v/s 70% work-experience. If any other doubts, let me know.

Any correspondence hybrid programme will add value to your programme, if you are working in that industry, or if you are seeking a switch. Hybrid programs are for people who are working and do not want to take full time programme. Welingkar is known for quality education and you will find it worth. But, a Hybrid PGDM is not valued much. Instead take part time three years Masters (MS) from Welingkar. It will have much more value than the correspondence hybrid programme. MS would be affiliated by University of Mumbai. I am currently pursuing full time PGDM business from Welingkar. You can let me know if you need any guidance or have doubts. Make a wise decision. Feel free to contact. All the best.