Both are the good branches. It depends on your interest & choice. CSE(Computer Science & Engineering) and IT (Information technology) both are quite similar in some or the other manner.

CSE: Computer science engineers are involved in many aspects of computing, from the design of individual microprocessors, personal computers and supercomputers to circuit designing and writing software that powers them.

IT:  Information Technology deals with the use of electronic computers and computer software to store, protect process, transmit and securely retrieve data. IT professionals perform a variety of tasks that range from installing applications to designing complex computer networks and information databases.

Job & Career scope:

CSE: Job openings for Software professionals is much higher in the corporate sector than in public sector. Professionals can join as junior programmer, database administrator, junior network manager, Data Analyst, Software Developer, Software Engineer, and Client-Server Systems Manager etc in the initial stage. Students have job opportunities at organizations like IBM, Intel, HP, TCS, INFOSYS, WIPRO, TECHMAHINDRA,CTS and Dell in India and abroad.

IT Career option: IT Specialists are required in almost all range of employment fields such as finance, arts, medicine, defense, and other areas. Many opportunities are available in various IT firms all over India. Some of the leading IT Companies are Infosys, TCS, Wipro, Accenture, HCL Infotech, IBM, etc.

Now the choice should be yours.

Good Luck!