part time

B-School while working?

I am graduating in December from undergrad, non-target, with an offer from a fortune top 50 company in their 2-year leadership development program (think GE's FMP). The company pays 100% of tuition/books/etc.. up front, so it is something I want to take advantage of. I am not positive what I want to do after the program, but I would stay if I got into a good department/something I like.

But, is it even worth doing an MBA if it is going to be part-time while working? I know a lot of people say you want the networking and job placement experiences from your MBA, which part-time or online programs won't have as much of. I'm not looking to get into IB or anything (at least not in the near future), so perhaps the placement won't matter too much, especially if I stay with the company.

VC internship

Hi ,
I go to a non target BSchool, doing my MBA(2nd Yr) in Fin come from a IT background, I have got a part time internship oppourtunity at a Local VC fund (Pre-Seed and Seed stage). I would be doing due diligence work and they have promised to involve me in the deal team.
I was curious if this opportunity would help in me break into prestigious PE shops/ HFs for a full time offer.

A bit about my background I have an engineering undergrad (from IIT-india) and around 4 years of Software dev experience. My summers was at GS operation :(
My target profile is that of trader/quant analyst at a Hedge Fund.

Your comments/suggestions would be highly appreciated
~viv