Even though I am not an MBA student at MNIT Jaipur, I will try to answer your query.
I have completed three years as a B.Tech student at MNIT. Throughout this time, I never heard much about the MBA program of my college. If its placements were noticeable, we would have definitely heard about them. I have rarely come across MBA students on campus. Unlike MBA, the M.Tech and Phd. courses are well renowned.
MNIT is known for its engineering programs. So, I wouldn’t recommend this college for your management studies. Try to look for those colleges that are known for their management courses.