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B.Sc. In Computer Science is an undergraduate course related to the information technology field, therefore, the job opportunity after completing B.Sc. Are mainly in the IT sector. The IT sector in India is expanding rapidly, therefore, there is always a requirement of undergraduates in computer Science in the following fields by the top IT companies in India:
System integrator
Hardware Designer
Logic Designer
Systems Analyst
System Administrator
Computer programmer
Computer Scientist
As regards to your question about which is better M.Sc. In Computer Science or MCA. As per the industry trend, there is a high requirement of MCA. Candidates in the IT industry as compared to M.Sc. In Computer Science. However, this does not mean that you should not consider M.Sc. In Computer Science. It really depends on which field you would like to go for. For example, if you are looking to go in the following fields there is more chance for you with M.Sc. Degree than MCA. Artificial Intelligence
Wireless Communication
information security
VSLI/Embedded Systems
Robotics
You also have the option to apply for lecturer job in government colleges by clearing the UGC NET exam. You should consider M.Sc. If teaching field is your priority. MCA. Is an attractive option if the fields you are interested in are mentioned below because there is a huge scope in these fields with Masters in Computer Applications. Web Development
Software Development
Database Administration
Hardware and Networking.

Hi Hari Prasad, The main differences are in terms of admission requirements, selectivity and expense. Colleges are comparatively way cheaper than universities and have slightly easier admission rules. For example, for admission to a Master's degree course, the colleges may accept a three-year degree which universities do not accept in contrary. Admission standards are higher in university and it prefers students with more than 70% in most cases but for colleges, it is not the case, though the colleges are also very competitive, you can apply if you have a decent score, but above 55%. You can check the college website in which you planning to take admission if you are eligible, you can surely apply.