There are some difference between Bangalore University MBA and Mysore University MBA. Bangalore University syllabus, exams, specializations are different, Bangalore University offers Dual Specialization where as Mysore University offers single specialization. All the Bangalore University colleges which offer the MBA Programme are basically located only in Bangalore City, all the colleges offer UG programmes such as Bcom, BBA etc. Only after running any UG course for 3 years Bangalore University gives permission for the Institute to run MBA Programme from Bangalore University.
Mysore University all the affiliated colleges are in the city of Mysore only. Colleges which offer MBA from University of Mysore from other places such as Bangalore run the programme through an MOU from University of Mysore and the corresponding Business School, the mode of delivery or the concept that is coined is outreach programme.
Since most of the business schools don't run UG programmes in their campuses, can't get affiliation for MBA from Bangalore University. So these business schools offer MBA from University of Mysore under outreach mode.
Any degree whether Bangalore University or Mysore University itself doesn't carry any value or weightage. It depends on individual how much he or she is Industry ready.