I have completed my BCAF(Bcom in Accounting and Finance) from Mumbai University.
I wish to do Mcom before going for MBA
pls tell me is this good?

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You don't need to go for M.Com after your graduation if you want to pursue MBA in your career because both MBA and M.Com are post graduate degrees where no problem about the career but if we compare both degrees about placement and package then you will find out that MBA is better than M.Com in earning and opportunities also so you should get admission in MBA and study hard for this course to make high percentage that you could be placed easily at once in a multinational company and do not go for M.com because if you pursue for M.Com then you would waste your time and you will get nothing your life with M.com and if you prepare for CAT, MAT or any other exam then you may get admission in MBA and you may make your career brighter after MBA because IIM, SLRI, FTII and other MBA institutes provides guaranteed job placement with minimum of 7 lakh per annum package so you should go for MBA.

All the best

I think you should do your MBA from a reputed university.
MBA has more scope and there are job opportunities too.
Go for MBA Finance.