The choice is dependent upon your field of interest. At DSI, you will find supervisors for various specializations in the field of Economics, the major ones being - Development, Econometrics, Agriculture, Public Policy, Environment, Production, Finance, Micro, and Macro. There is at least one supervisor each for the different specializations.
To get admission into DSI, a candidate, however, must clear the entrance and the interview.
Research from IIMs is concentrated in the areas of management, finance, monetary and fiscal policy.
You must, therefore, make a choice keeping in mind your field of interest and the availability of the right supervisor.
We need to consider two types of students who are planning to do their research in economics.
Types of Students in Ph.D.:
Comparison:
So, when it comes to research, the culture and faculties give an edge to IIM Bangalore over the Delhi School of Economics.
Apart from these universities ISI Delhi has also made its mark and is one of the best in this field. Their training pedagogy is at par with top US universities and has world-class faculties. The flagship courses of ISI Delhi are the Microeconomics department and then Development Economics. It is one of the best places to pursue your Ph.D. compared to other institutions in India.