After doing some research online, I would suggest not to go for IEM at Ramaiah, until and unless you are extremely interested in studying that particular subject. Since it will not pay you anything and you will eventually wind up in the same category of mass placement at one of the service-based companies. 

Double-check the topics you will be studying. EEE is usually less exposed than IEM, yet EEE is regarded as the most complex branch to be studied. 

The majority of EEE / ECE / other branches receive job offers from Infosys, HCL, Accenture, or Tech Mahindra.

So, what is the point of learning core Electronics if all you have to do at the conclusion of your engineering degree is code? If you want to build a career, think seriously about the branch you select. Regardless of the institution you attend, I believe EEE is far superior to IEM. Pursue EEE only if you are truly passionate about the subject.