You should only consider joining this college if it is mandatory for you to start your MBA/PGDM this year. In case you are in a position to take a drop and retake your entrances again, then you should consider doing that instead of taking admission in this college. The college neither doing great in terms of placements nor will it provide a good ROI. Moreover, the college's brand name might not even help you fetch a job off campus in case you fail to get placed. So in my opinion you should not consider joining this college.