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Nikky
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E MBA is a good thing if you get into a reputed university, you need to decide what you really want to do because E MBA or normal MBA can help you the most when you are on the same path, such as software development to software consulting or project management.

You also get good network of managerial people in an E MBA. The down side is you will be asked to pay 2 years of fees in 1 year and you will be taken as a person who can get things moving based on the 1 year study.

So if you feel that you might be at a disadvantage then you should express that opinion to the university but also know your boundaries and try to create the best deal for yourself.