You have stated that you are very interested in the course then you have the answer to your question right away and you should take the course without a second thought though the branch is newer in the nit yet the future of the branch itself looks promising with huge amount of research going on in the material science industry and with invention of new materials this branch also promises to be good in the near future also you will get a chance to study in one of the top nits of the country so overall it might be a good choice.