I’m from SRM as well, and honestly I don’t know. Like the other person said, its well known for engineering, yes. But when it comes to MBA, I’ll tell you this much. It doesn’t suck. Its good. But certainly not the best. Its not great for MBA. With that said, if job opportunities through campus recruitment is your major motive then you will get a job, decent enough but again not really great ones. In my opinion, no matter which college it is, as far as India would be considered, try not to rely on campus placement. It never works in the long run. Hope you find a good college.
Cheers.
P.S. About the money part ; For science and humanities ( that’s what MBA comes under in SRM) the fees is not too much. Its pretty moderate.