Exhaustive structural and empirical research has been conducted separately on the institutions of BRICS and the EU but the purpose of this research is to address the gaps in the comparative assessment of these two –the one representing the North and the other the South.An attempt has been made in this paper to look into the respective ideologies and driving forces which contributed to their evolution.What have been their respective strengths and weaknesses during the journey of integration so far?What have been their respective collective responses and strategies to the challenges on the path to integration? Are they actually comparable? Could BRICS be a better alternative to the EU model? This article will try to explore these questions.