Hey kiran
The integrated M.S(SE) is renamed as M. Tech integrated. It is renamed in 2015
For batches before 2015 they will get degree under the name MS(SE) but to get M. Tech they have to do some credits extra.
Coming to Branch it is not as good as you expected. While studying you feel that you are learning more than the CSE and It Students but while coming to campus placements Integrated students will not get as many companies as CSE and IT students. If CSE students gets 300 companies Integrated students are eligible for only 80–100.
Coming to club you won't face much problems.
If you can't make to VIT this year it better to take long term and take B. Tech course. If you are willing to do higher studies then it is better to join in your state good engineering college and go for Foriegn.
Finally my suggestion is think and join
All the best!
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