hello aspirant,

the eligibility criteria is the prospective applicant must satisfy one of the following eligibility criteria for admissions to the MBA programme. A graduate degree under 10+2+3 or 10+2+4 pattern under any discipline, securing at least 50% marks in aggregate, from a recognized university. its not matter if you have completed your education from distance learning.

Hi Natasha, 

Yes, if you got a good rank in PGCET then you can easily get a seat in good colleges of Karnataka for MBA courses.

For more details and informations you can check out the official sites too. 

Hope this will help you out. 

Good luck.