My brother was a student at this college and so this answer is based on his experience solely. The Department of Financial Studies is a CFA-affiliated college wherein you can get a scholarship for pursuing a CFA degree. Its MBA program is highly coveted. It's the best option for you if you want to pursue a career in Finance and fail to make it to other B Schools. Here are some factors to consider
Ultimately, if you don’t want a huge loan to repay at the end of 2 years or the IIM tag, DFS is the best option
MBA programs from Delhi University's MBE and DFS colleges have a good reputation and are considered to be reputable institutions. Usually, the average salary for MBA graduates from Delhi University's MBE and DFS colleges is around INR 12-15 LPA. However, an MBA is not just about the salary package. It is a great way to develop your leadership, management, and strategic thinking skills, which can be beneficial regardless of your career path.
I feel it's totally worth doing an MBA from DFS as it offers specialized courses in Financial Management with a primary focus on finance. It offers the best ROI amongst the top colleges in the country. Its fee is as low as INR 26k while the average package hovers around 12-15 LPA.
Overall, DFS and MBE are not comparable with prestigious colleges like FMS and IIMs but are a great platform for Management education.
While choosing between DU DFS and IMI New Delhi for MBA, it is important to weigh various parameters such as courses offered, faculty, opportunities, exposure, location, and more and compare them. IMI Delhi, located in the heart of the city, has established a strong legacy over the past 42 years.
IMI offers a comprehensive academic program that is renowned for being student-driven. With more than 25 functioning student bodies, the college provides students with a multitude of opportunities to engage in extracurricular activities and develop their leadership skills.
In addition to its NBA and AICTE accreditation, IMI also has received Association of MBAs (AMBA) accreditation, making it one of only 12 colleges in India to have earned this prestigious recognition.
IMI Delhi has a strong track record of placing students with top-tier companies, including Reliance Industries Limited, TATA, RPG, Adani, Shell, Deloitte, EY, and Gartner, among others. By attending IMI Delhi, you can benefit from its established reputation, strong academic program, and valuable industry connections.
The choice of MBA from Delhi School of Economics or Department of Financial Studies entirely depends upon the interest of the student. If you are interested in finance, then definitely Department of Financial Studies will be a better option than Delhi School of Economics.
Though, if you are confused about the stream, then you can opt for Delhi School of Economics. In Delhi School of Economics, companies hire students irrespective of their profiles such as finance, operations, marketing, etc.
Both being part of Delhi University, so the brand, infrastructure, etc are kind of the same.
Categories |
Delhi School of Economics |
Department of Financial Studies |
Total Fees |
Rs. 34,000 |
Rs. 26,000 |
Placement Percentage |
90% |
100% |
Highest CTC |
22 LPA |
25 LPA |
Average CTC |
11 LPA |
11-12 LPA |
Lowest CTC |
6 LPA |
7 LPA |
Top Recruiting Companies |
ICICI, Deloitte, D E Shaw, Trident and Reliance. |
Bank of India, E&Y, Bank of America, HP, Coca Cola, ICICI Bank, KPMG. |
Recruiting Companies
Faculty
The faculties of MBA in Department of Financial Studies are top-notch in finance and are at par with IIMs. Most of the faculties are Ph.D. holders having a vast teaching experience. The faculties also have industrial expertise.
Delhi School of Economics is one of the best institutes in India, reputed for its MA (Economics), MBA (IB), and MBA (HRM). DSE has a brand value that helps you in the industry. Students of DSE are working in the top managerial posts in the corporate world.
Other colleges DFS, DBE, IIM, SRCC GBO are known for the different flagship courses they offer.
DSE:
DFS:
DBE:
IIMs:
SRCC:
Ambedkar University is a good college but cannot be compared with the colleges mentioned above.
The selection of the institute depends on your choice of specialization. If you are interested in Mathematics or Economics, then DSE will be the best choice. For an MBA in Finance, IIM C/I/A/B will be the best option. DFS is also good for Finance. For MBA Marketing, FMS/IIM-A/IIM-B is better. IIMs are also best for HR or IT. For fields like Tread, Research, International Marketing, or Sales DSE will be best.
DFS DU offers hostel facilities for students through the University of Delhi hostel system. There are separate hostels for boys and girls. The boys' hostels are named Aravali and Saramati, and the girls' hostel is named Geetanjali. DFS DU offers a residential program and after admission, students are required to apply for a hostel. There is a gym, water heating, proper furniture, a common room, a garden, and many more amenities in the hostel. There are negligible hostel charges of around Rs. 26,000 yearly covering everything. The cost of a hostel is pretty low compared to other B-Schools.
The Department of Finance isn't an independent college with its campus. It's a department within the Faculty of Applied Social Sciences and Humanities at the University of Delhi. The University of Delhi itself has a sprawling campus spread across 300 acres, but DFS DU students generally attend classes and participate in activities across various buildings within the South Campus, which is approximately 69 acres. The campus has an auditorium, library, hostel and canteen, football ground, cricket ground, and badminton court.
DFS DU does not have any tie-ups with banks. The college fees are already low compared to other colleges i.e Rs. 48,500 therefore students generally don't take a loan. Public banks like SBI, BOB, Union Bank, etc as per their policies can provide up to only 7.5 lakhs of rupees for student loans without collateral irrespective of the course and country. This loan includes hostel fees, mess charges, the cost of a laptop which is vital for an MBA, education loan insurance, a security deposit, and other charges put by the college.
The course fee of DFS DU is INR 26,000. The other charges include the admission fee, which needs to be paid at the time of admission. Along with the admission fee, the total fee amounts to INR 48,500 for the general category. There is an additional enrollment fee of Rs. 50 for non-DU students. For students under the PWD category, the fee is INR 12,125.
The application fee for the general category is INR 2,000 and for SC/ST/PC candidates the application fee is INR 1,000. Hostel accommodation fees come after completion of the admissons category. The hostel fee is INR 26,600 for men's hostels and for women, it is INR 23,600.
There is no written ability test conducted for admissions to DFS DU. The weightage for the CAT percentile is 60%. Marks obtained in 10th and 12th are 5% each. There is a 25% weightage given to PI. Female candidates get a 2.5% additional weightage. If the applicant is from B. Com (Hons.), B. A. (Hons.) (Economics), B. A. (Hons.) (Business Economics), BBE, BBS/BMS or BFIA/BBA (FIA) they get additional weightage of 2.5%. Therefore DFS DU is not highly reliant on 10th and 12th scores and there is no additional weight given to work experience.