You should to the senior regarding placements. It is the only way you will get trustworthy data. Don't buy what the founder of BIMM tells you. 

• The reality is that the placement scenario in all four colleges is different from each other. Placements only happen at BIMM, nowhere else. 
• In case you opt for system specialization, at maximum, you would witness a total number of 6 companies visit the campus for placements. And if you want an internship under system specialization, be ready to hear the institute asking you to find one for yourself. 
• Considering other specializations like Operation, HR, Marketing- you would get yourself an internship which would offer you a CTC of 4 lakhs. For system specializations, no companies come for internships. 

Some facts to remember- 

• Four colleges fall under Sri Balaji Society (SBS)- BIMM, BIMHRD, BIIB, BITM. 
• The faculty is great.
• Companies only prefer to visit BIMM for placements, no other branch. 
• Maximum 10 companies visit the campus to offer a package that goes beyond Rs. 8 lakhs and chooses 2 students out of the lot. Considering that, a maximum of 50 students are selected from such companies. 
• Give SBS institutes a shot if you feel you would never make it to institutes like XIMB, GIM, XIME, LIBA. 

My friend, who works with the placement coordinator team has confirmed the fact that you would get a package that offers a maximum package of Rs. 4 lakhs if you haven't been a part of BIMM or the placement coordination team.

You should think twice and decide.