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It is healthy enough, but mainly few top tier I colleges participate in September, December, February and March also. It is tough to get a good college through May MAT, as this is the exam of the last session.
You have not mentioned your area of interest in finance, it is core finance (derivative analyst, credit analyst, actuary, risk management, business analyst eg. Merger& Acquisition, investment banker) or financial product sales (insurance, mutual fund, corporate credit sales, demat account sales).
However, it is good to know core finance profile is rare and can expect from MAT top tier I few or higher CAT score colleges and it is good to have 55-60% marks in/upto graduation, as many MNC demands this for this profile. If you have not kindly check with placement officer coherently.

Always choose the institute that along with good education provides you a platform to improve your ideas and provide an stage to bring your innovative ideas into practice. As far as these colleges are concern, both are good but I would prefer Lovely Professional University. LPU is much better than any other University. It is a UGC recognised and a renowned University and is considered as one among top 5 universities of the country because of its quality education and unbeatable placements, immense on course exposures and a beautiful 600 acres campus to live in with the latest facilities. Before searching for any University, You should compare universities on various parameters like academics, Industrial exposure, placements, infrastructure, On-Campus Facilities & Amenities, Student Activities etc. So, choose the programme and the University to join very wisely. State of the Art Infrastructure:-LPU has the sate of art infrastructure Sprawling across in 600 acres land, which accommodates 25000+ students from across the world. Targeting to enriching the students experience throughout their stay at LPU, the university has embraced facilities such as dedicated research and development blocks, a university-mall, state of the art laboratories, and smart classrooms. LPU's infrastructure is unparalleled to any of the universities in the India. It is a mini township with fantastic academic facilities with numerous eateries including brands like Dominos and Cafe Coffee day, India's first IMAC lab, inside mall, university- hospital and various other facilities for students from different nation sand states. Though south students are away from their home, they can still enjoy their native cuisine as there are numerous south Indian food mess are available inside the campus.