Between TAPMI and MDI Murshidabad, TAPMI should be preferred for various reasons. Some of which are discussed below.

The table below gives a brief overview of the two institutes.

Reputation: (Winning Institution - TAPMI)

TAPMI is a well-established college with 40 years of teaching, it has a good reputation, experienced faculty, and rich alumni base. Whereas MDI Murshidabad is a fairly new establishment. 

Placements: (Winning Institution - TAPMI)

TAPMI also has an edge over MDI Murshidabad when it comes to placement. 

• The highest package offered at TAPMI was 25 LPA, while the average package was 11.05 LPA for the last placement drive. About 126 recruiters have visited the campus. 
• In MDI Murshidabad for the 2020 batch, the highest package offered was 21 LPA and the average package was 11 LPA.

If you have to make a choice between these two schools TAPMI will be the best due to its reputation and placement. However, if you have the time and option to prepare for next year and you think you can do better, you should consider it.