Offcourse !
I wonder why would you have a doubt in it ?
It has many benefits, such as
1. Career change
2. Role change
3. Change in organisation, with better pay scale
4. And most important to grow in any organisation, at certain level of experience, it's education qualification, which will be counted for upper level management profile.
5. With MBA PGP (1 year) you will learn many things with different diversity people, different mind set people and explore new learning through different people experience.
A good organization, benefits with sabbatical leave, scholarship or to retain employee with funds through some share in education fee.
All you need a Good GMAT / GRE score, Good essay, reference and SOP to join.
Many ambitious people do MBA around 28 to 40+ years, to pursue growth in their careers.
Regarding placement, tell you honestly, even Big institute are not aware/predict about the 100% placement requirements by any organisation & I believe a good recruiter, will always select best candidate despite of any age person to proof the ROI for organisation, surely it will be bonus for recruiter (exp + qualification) at same pay scale, where they will be recruiting others
Wish you all the best for your future.
Posted from my mobile device