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This decade belongs to Electronics and Telecommunications. Electronics and Telecommunications will continue to impact all walks of life including business. Next wave of Industrial revolution is automation and Electronics will play a vital role in it. ECE engineers can be employed in all type of industries including IT. Computer Science is the facilitating technology for all business and personal activities. Indian IT industry is worlds largest outsourcing hub. Computer Science engineering is dominating the job market for last 15 years. Indian Computer industry has started showing early sign of decline due to outcry against outsourcing in western world. Therefore, Electronics &Telecommunication is best option with respect to career opportunities and scope. Computer Science will continue to good career option for some more time in the field of Engineering. Mechanical is an ever green branch for last 50 years and will continue to remain same in next 50 years. Therefore my recommendations in order of precedence are ECE, CSE and then Mechanical engineering if student does not have any specific area of interest.

Yes, there is a difference. Automobile engineering may be considered as a sub branch of automotive engineering.
Automotive engineering is a sub-branch of vehicle engineering. It can also be considered as a sub-branch of mechanical engineering that has split from the main branch focusing on the automotive field of study. Automobile engineering focuses on the cars. It specifically deals with the designing of cars, operations in production of cars, designing of engines and fuel management. Thus, automobile engineering can be considered as a sub branch of automotive engineering. However, generally both the branches are used interchangeably to denote a branch dealing with motor vehicles.
For more details refer:
http://www.differencebetween.info/difference-between-automotive-and-automobile-engineering

Every graduate is faced with a dilemma on taking decision on doing an MBA (Master of Business Administration) for career growth. An MBA will offer you a wealth of advantages, especially when it is a top business school with a very good reputation. Following are the major advantages and reasons for doing MBA degree:
(a) Capture a holistic perspective on the business world
(b) Acquire valuable business and managerial skills
(c) An MBA means better chances for a higher salary
(d) Open the door to thriving career opportunities
(e) Get free access to a large business network to grow
(f) Be your own boss by starting your enterprise
(g) Experience a new place and culture during your studies and in management career
MBA exposes students in all management functions such as Finance, Marketing, HR, Operations, Strategy etc for all kind of industries from FMCG to core technology companies. MBA is an all-purpose degree which provides choose to graduates to choose his career options based on his interest, strength in management functional area and personality traits. MBA from top B Schools have career opportunities in the field of consulting, Business Analyst, Pre sales support, Project Managers, Functional Managers, operations management in private, government, PSU and NGOs. MBA grads mostly start career as Management trainee and are given experience in all functions with on the job before specialising in one or two function. MBA is also a good graduate degree for students who want to be an entrepreneur.