Career advice (degree vs experience) - engineer

I will finally be graduating my bachelors in EEE and I have been fortunate enough to recieve two offers in this market.

both are MNCs within the automation/networking space, catering to industrial/critical infrastructure market, but they both differ in their position in the commercial chain.

The first one is mainly a tier 1 supplier offering 1 year contract w chance for conversion. This one follows closer to my degree specialization in communications.

The second one is a consultant firm offering a permanent position. This one follows closer to my past experience (and is actually my ex internship company!)

The difference in compensation/salary is negligible enough to ignore, considering the vast difference in their background.

Any advice on how a fresh graduate engineer should navigate this?