Is MBA or Executive MBA or Part time MBA worth it if an individual is in the IT AUDIT / GRC field and earning 20 LPA CTC with 6 YOE ?

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I don't think so. For GRC profile, better to concentrate on industrial certifications.

+1 I was in the same dilemma. I've decided to proceed with MBA preparation now coz MBA requires a solid commitment however certs can be achieved later on in life as you progress. It's better to have both in my opinion. You can give time for MBA preparation to see if you get accepted in any of the top colleges and kindly avoid part-time unless you can't give commitment or have budget constraints or you are looking to do it for name sake. MBA is definitely a good experience to have.

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