Hi Manoj,
I would suggest you to go with MIT Manipal. Reason being that there isn't anything like management quota in MIT Manipal. So, peer quality would be better at MIT. Campus life is better in MIT than that in BMS because of it's better infrastructure and larger campus size. As far as placement is concerned both have almost the same stats. MIT is more expensive than BMS. So, the return of investment is better there.
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