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There are several universities offering distance education in India.
There are few things which needs to be considered before joining a course from any institute.
1. Are you getting a PGDM or MBA degree? Although, they are considered equivalent, but technically both are different and MBA have more value than any PGDM. AIU (Association of Indian Universities) as a matter of policy do not accord equivalence to PGDM program offered through distance mode.
2. Is your university recognized? UGC, DEB and AIU are basic recognition required.
3. What flexibility you are getting? App based learning, live interactive lectures and career advisory are the basic facilities.
4. Placement support provided or not? Straight and forward advising that no university can guarantee your placement, as companies pay for skills not for degree you are holding.
So, you can check which university helps you in improving your skills and provide you assistance in placements.

Deciding between an MBA and CFA after an Economics Honours degree depends on your career aspirations and interests. Here are some factors to consider:
Career Goals: MBA and CFA cater to different career paths. MBA is a general management degree that prepares you for a wide range of management roles in different industries, including finance. On the other hand, CFA is a specialised certification that focuses on investment management, asset valuation, and financial analysis. Time and Cost: An MBA programme typically takes two years to complete, while CFA certification requires passing three exams. An MBA can be more expensive than CFA and you will need to factor in additional costs such as tuition fees, living expenses, and opportunity cost of not earning while studying. Skills and Knowledge: An MBA provides a broader set of skills such as leadership, strategic thinking, and business management, while CFA provides specialised knowledge in investment analysis, portfolio management, and asset valuation. Industry Requirements: Depending on the industry you want to work in, an MBA or CFA may be preferred. For example, an MBA is more suitable for a general management role in a corporation, while CFA is more suitable for an investment analyst or portfolio manager role in the finance industry. Ultimately, the choice between an MBA and CFA depends on your career goals and interests. If you want to pursue a career in finance and investment management, CFA may be a better fit. If you want to pursue a broader range of management roles in different industries, an MBA may be more suitable.