Maharaja Agrasen Institute of Technology

Out of the given two options, absolutely go for Maharaja Agrasen Institute of Technology, Delhi. This is the best college affiliated from the best University (Guru Gobind Singh Indraprastha University Delhi). This is the best college for Engineering and Fine Arts. Its students are well placed after the course. In the comparison of Arwachin World Business School, which is located at a pathetic location with bad infrastructure, my suggestion will go for Maharaja Agrasen College. The college is located at the best location of Delhi. Its infrastructure is the best. Entire campus is equipped with Wi-Fi to facilitate the students with the course material. There is one more thing, which I would mention here, it's placement. Here, the training and placement is very active and have the collaboration with many companies to ensure the best Placement.

The placements at Maharaja Agrasen Institute of Technology keep getting better every year. The faculty members here are really supportive and knowledgeable as well. This college falls under one of the best tier 2 colleges in the country. The list of companies only keeps on growing each year. Some of these companies are:
SVAM INTERNATIONAL
ERICSSON
ROYAL BANK OF SCOTLAND
TCS
OSS CUBE
ASPIRING MINDS
WISENHEIMER
PRACTO TECHNOLOGIES
ACCENTURE
JOSH TECH
ZS ASSOCIATES
The list just keeps growing each year. Only when students opt out of placements, they do not get a job from this college. The average salary package offered here is in the range of 2.5-3.5 LPA which can vary from one company to another while the highest package has gone up to 13 LPA. Do let us know if there's anything more we can help you with. All the best.

You have your own pros and cons for pursuing mechanical and automation engineering from Maharaja Agrasen Institute of Technology:
Cons:
First of all, no government organisation or any PSU would consider your degree of mechanical and automation engineering equivalent to a mechanical engineering degree because of which you will not be able to qualify for companies looking for mechanical engineers.
The number of core companies visiting the campus during a placement season is very less, that being Anglo Eastern Shipping that do offer packages as high as 14 lacs, but then you have to spend around 4 months on the ship.
The college would make you sit for IT companies' placement which would offer you nothing more than 4 to 5 lacs.
Pros:
If you are really interested in the field and you want to go for higher studies abroad, then you will be able to increase your prospects much higher to get placed in some core company paying you nothing less than 15 lacs per annum.
I hope you make the right choice now.
Cheers.