Indian Institute of Management: Which one should I choose between IIFT, Delhi and MDI, Gurgaon?

I know a friend who was in a similar dilemma but she chose IIFT for the following reasons 

• Finance: IIFT is among only a few Finance campuses in the country. Almost 50% of the batch are Finance majors. The campus is visited by big names in the sector including Goldman Sachs, JP Morgan, and Axis Bank which recruit in large numbers.
• Batch size: The small batch size at IIFT Delhi makes it a more probable choice than MDI Gurgaon. Comparing the placement reports one may infer that the statistics are almost similar except for IIFT having a slight advantage due to its stronger alumni base. This is because for the same role, you will be competing with lesser people in IIFT whereas more people in MDI Gurgaon.
• Degree certification: MDI Gurgaon grants you a PGDM degree whereas IIFT grants you an MBA degree. While the similarity and equivalence is well known within the country, it might be a challenge to establish the same outside India.
• Alumni base: IIFT Delhi has been established for 59 years and consequently boasts of a richer stronger alumni network than MDI Gurgaon.
• Accreditation: IIFT is under the Ministry of Commerce, Govt. of India which also audits its placement reports.
• Entrepreneurship: IIFT encourages entrepreneurship through imparting knowledge on trade apart from the regular finance, marketing, and strategy courses like other B schools.

Many people I know chose IIFT over MDI Gurgaon after doing healthy research and a comparison of the two. You can do the same but remember not to focus solely on placement reports as IIFT placement reports are of the Delhi and Kolkata campuses combined and Delhi alone is much better.