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Dear Mandar,
Yes, it will be helpful if you do your MS in Australia in the same line. You need to do your IELTS and score overall 6.5 with no band less than 6 for majority of the universities and at the least should have 65% or equivalent in your BE.
Your work experience will give you an edge, when you apply for work later, also do not choose an MS with less than 2 years duration as this will make you ineligible for PR later on.
All the best.

You can prepare for the entrance by Reading newspapers, watch news, and Practice reasoning, grammar, General knowledge. Either, buy a book which covers all the above syllabus, or you can prepare from All India Exams online http://www.allindiaexams.in/home
All the best.

One degree and another Diploma is allowed or legal.

Yes, BMS is equivalent to BBA. BBA is more known nationwide. BMS is known in Mumbai and Delhi. You have to check the college criteria for MBA, which UG course do they want for admission in particular course?

Hi Anita,
Are you looking for an Indian or aboard university?

Hi,
It totally depends on what kind of future you are looking for. After BBA, you are eligible for either government jobs or for HR recruiter jobs.
Best of luck.

Below mentioned are some of the options:
1. Advertising art director.
2. Animator.
3. Graphic designer.
4. Illustrator.
5. Printmaker.
6. Production designer, theatre/television/film.
Jobs where your degree would be useful include:
1. Exhibition designer.
2. Fine artist.
3. Interior and spatial designer.
4. Landscape architect.
5. Medical illustrator.
6. Multimedia specialist.
7. Photographer.

Yes, IBS offers MBA courses in Hyderabad.

You can check the below mentioned link:
http://www.isb.edu/pgp/admissions/admission-prerequisites

You need to clear entrance exams like:
1. CAT.
2. XAT.
3. MAT.
4. CMAT.
5. SNAP.
6. TISS.
You need to have more than 50% in graduation.

You can check the below mentioned link:
https://www.shiksha.com/mba/colleges/mba-colleges-in-delhi-ncr-fees-upto-2lacs

Hi Manik, atleast 70% is required for the top ranked universities. There are colleges under SPP requiring atleast 55%, but higher grades are recommended for visa chances.

I would suggest you to opt for RICS School of Built Environment to pursue MBA in project management for its education. Visit the link mentioned here https://www.shiksha.com/college/rics-school-of-built-enviornment-noida-36312/course-mba-in-construction-project-management-167919 to know more about college and courses offered with its placements offered.

It doesn't provide distance learning. They only offer classroom learning.