I am 21, doing a distance MBA from Sikkim Manipal University. I already have 16 months experience in online marketing. Should I launch my own startup now or do a job?

Experience is not important.Check yourself the circumstances you have crossed.Remind all the challenges you have faced.If possible,there will be many situations in net for MBA graduates.Try to solve in your own style.If you are satisfied with your answers,you can proceed depending upon your budget.Otherwise better go for a job and gain more knowledge and skills

It depends what you want and what kind of person you are. Own start up means a lot of ups and downs for unknown number of years.If you have patience, grit and resources to face it by all means go for it. By the way, do you want the start up to be in the field of online marketing. If yes then you already have some experience. If not then it is better to work for some time to gain some experience in the field you want to launch your start up.