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Hi Aastha,
It depends on what you want to derive out of your MBA. While Madan Mohan Malviya College has learned faculty and is well known for its quality of education and is a reputed institute but, their main focus in terms of placements lies on the B.Tech. program. So they don't focus much on MBA students' palcements. MBA from Deen Dayal Upadhyay University is also very average. They have good faculty but have no placement from college. You can apply for placements through job fare. I would suggest if you are looking for quality education, you should go for MMMUT. However, if you are looking for good placements, I think both the colleges lag there and you should try for some other college. But out of the two, MMMUT is obviously the better choice.
Hope this helps. All the best.
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