M.Sc Psychology has good reviews in general, but it is not preferred to pursue it from Jain University. Psychology these days is expanding tremendously as people are realizing the need for therapy and mental health. Jain University students will not be able to compete with those of any other college.
If you're interested in psychology then prepare for entrances facilitated by Delhi University, AMU, Hyderabad University or JNU, or any other top university. You should find someone on LinkedIn who has already qualified for the program at Jain University and is employed in the domain of your choice.