Goethe University Frankfurt

Certainly, an average Indian student can get into the prestigious Goethe University, however, he or she has to make sure to satisfy the course-specific eligibility criteria and admission requirements. Goethe University has an acceptance rate which is nearly 50%, and it offers admission to students on an admission requirements basis rather than on a competitive basis. An Indian student who is seeking admission at Goethe University is required to show valid English Language Proficiency test scores as well as German language proficiency test scores along with satisfying other eligibility criteria for their desired course.

Goethe University Frankfurt is ranked among the best research universities in the world and is well-known for having 19 Nobel laureates among its alumni.

One should cost as a big factor courses like M.A.Goethe University is definitely a better choice but one give preference to Presidency college as the cost would he low. 

M.A from any top ranked NIRF university ( top 50 -60 ) would be a good choice .Also you can explore the options of distance M.A.