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yes SMU is better for distance education
Part Time: For working professionals who cannot take time off work to attend full-time, there is the part-time MBA program. A part time course is one where you need to attend either evening classes or weekend classes - therefore it is a mixed system of self study as well as classroom study.
Correspondence programs are usually programs in which course material is sent through postage. Distance/ correspondence courses are more about self study where the study material is sent to the student and s/he has to understand and learn it on their own.
while regular courses are classroom session courses where the student has to attend classes; The prospects of a full time regular management course are better than a correspondence or distance learning course. The acceptability and recognition of a full time course is higher in industry and so the long term career gains are more.

Hi Pulkit,
1)
As Shiksha is an education portal and believes in unbiased guidance so it would be unfair to give any personal suggestion regarding any specific institute.
However, if you are planning to take admission, it is always advisable to keep in mind the various parameters before selecting any institute.
- Recognition
- Success Rate
- How old the institute is
- Course details
- Faculty
- Infrastructure
- Alumni/Student Feedback
- Fees
You may contact the institute officials personally for specific information before joining the institute.
2)
Regarding placements, every college / institute provide assistance to successfully pass out students. But, no institute can guarantee you placement as it entirely depends on your capabilities, utilization of skills, presence of mind, communication skills, etc.
To get the exact placement status, you may directly contact the institute's placement cell.
Please feel free to discuss more. Click on the thumbs up or mark it as the best, if you found this useful.
Wish You Luck!

Hi,
To the best of my knowledge, I don't think switching over from instrument & control engineering to Bio medical engineering is possible. But to get the exact details, I would request you to get in touch with the institute officials.
As for Automation from Germany is concerned, below are the list of institutes that you can try.
Technical University of Munich (University):
Advanced Construction and Building Technology - Automation, Robotics, Services
RWTH Aachen University:
Automotive Engineering / Combustion Engines
Esslingen University of Applied Sciences:
Automotive Systems (Master of Engineering)
Esslingen University of Applied Sciences:
Design & Development in Automotive and Mechanical Engineering
FH Aachen - University of Applied Sciences:
Automotive Vehicle Integration - Powertrain and Chassis Engineering
EBS University:
Master of Science Degree in Automotive Management
For more details, I would request you to get in touch with DAAD. DAAD is officially authorized to provide information about education in Germany. They have offices in major cities in India.
Thanks.!