Totally Confused

Being in the verge of completing my under graduate course in IT, I am now totally confused as to wat to do next. Placements have become a big question due to the recession. CAT examinations for MBA in India is an open option but the college that we study matters a lot and am sure IAM's and IIT's are out of hand. Getting through GMAT and GRE might be a good option too. I really want to do an MBA outside India but most universities need atleast two years of experienced candidates. What should I do?? Work for two years then go for an MBA or Drop of job for now and do an MS.. I'm so confused****. If anyone has any good suggestions please help!!!!