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Hello Sanjeet,
Yes, there is a chance. You can get Instrumentation Engineering at COEP. But, it also depends on your Category and how you give preferences in choice form. Cutoff for 1st Cap Round 2017 for GOPENS ( G means General and OPEN is Category and S is State Level ) was 705 (166) I. e. 705th Rank and 166 marks. For GSCS it was 6502 (129) I. e. 6502th Rank and 129 marks. For GSTS it was 16168 (104) I. e. 16168th Rank and 104 marks. For GVJS it was 7402 (126). For GNT1S it was 4684 (137). For GNT2S it was 2136 (152). For GOBCS it was 1367 (158). For 2nd CAP ROUND 2017 cutoff for GOPENS it was 908 (163). For GSCS it was 3875 (129). For GSTS it was 20220 (97). For 3rd CAP ROUND 2017 cutoff for GOPENS it was 932 (163). You can use MHTCET College Predictor for predicting colleges you can get based on your Rank. Refer the link below. https://www.shiksha.com/b-tech/resources/mhcet-college-predictor
You can also get other Government Engineering Colleges in Maharashtra as your Rank is good. Please also try for them. Do your research and fill option form properly and give preferences properly. For further queries post comments.

Well, this answer is subjective. I can tell you why I am pursuing an MBA . There are several reasons to it, some of them being -
It allows me to pursue what interests me the most which is learning and eventually being a part of the core pharmaceutical sector which constitutes a major part of healthcare in India .
Fiercely competitive. MBA is a course which requires a lot of hard work and possibly takes your entire time. It is competitive to it's very core with case study competitions , presentations and quizzes coming up day after day .
Its a course in which full knowledge can never be gained . It's like a vast ocean of industry knowledge and tactics. Therefore, you have to keep reading to advance yourself everyday .
It's always subjective and innovative. Some manager could find a particular brand promotion strategy promising and some other brand manager could find it vague and work on an entirely different strategy for the same product. So you basically never entirely know how the market would react to your product .When a new product is launched there are all possiblities that both strategies could work out , or both could fail or, either one could work out . It's all dependent on how the market is.
It makes me good time manager.
It makes me a good people manager.
It makes me a fast desicion taker.
It makes me a good leader.
It makes me tough as an individual to face the corporate world.

It's completely your call, but doesn't seems the college having great placement, and it would be better to go for M.Tech/MS inspite for Diploma after graduating in engineering with such good pointers. Mount Carmel College, Palace Road, Bangalore offers a 1 year Post Graduate Diploma in Business Administration degree with total fees of Rs. 50,000. According to last year placement records, the average package offered was around Rs. 3-4 Lacs per annum. Some of the Companies / Recruiters who visited the campus are:
Accenture, biocon, Cognizant, DE Shaw, Deloitte, Ernst & Young, Goldman Sachs, Google, HCL, HP, ICICI Prudential, GATE Indian Air Force, Infosys, KPMG, Malaysia Airlines, Max New York, Merittrac, RBS (Royal Bank of Scotland), TATA AIG Insurance, TCS, Tesco HSC, Times Group, Triumph Motorcycles, Wipro. Good Luck.