Choosing Between Delhi School of Economics and IIFT for an MBA in International Business: A Comparative Analysis
Introduction
When deciding between the Delhi School of Economics (DSE) and Indian Institute of Foreign Trade (IIFT) for an MBA in International Business, several factors come into play. This article aims to provide a comprehensive comparison to help you make an informed decision based on your career goals, academic preferences, and specific offerings of each institution.
Reputation
IIFT is widely recognized for its expertise in international business. It consistently ranks among the top 10 B-schools in India and has a significant global presence. The alumni network of IIFT plays a crucial role in landing high-paying international roles in big players like Amazon, Google, and Deloitte.
In contrast, DSE is renowned for its strong emphasis on economics and social sciences. While it is well-regarded in academia, its MBA program in International Business (IB) may not be as globally recognized. This makes DSE a more suitable choice for those with a passion for research and policy-making in international trade.
Placements
IIFT boasts impressive placement records with an average domestic package of 29.1 LPA and international offers crossing 80 LPA. Major recruiters include Amazon, Google, and Deloitte, offering a wide array of opportunities in international markets.
DSE also offers decent placements with an average of 10–12 LPA, primarily with roles in banking, consulting, and FMCG within India. While not as high as IIFT, these placements are still very competitive and can provide solid career starts.
Course Structure
IIFT offers a masterclass in international business with courses focused on global trade, cross-border strategies, and logistics. This program is ideal for students aspiring to work in international markets where practical and strategic knowledge is highly valued.
DSE provides a more balanced program that includes economics and general management. While it lacks the specific focus on global trade, it is excellent for students with domestic goals or those who prefer a more theoretical approach to their studies.
Campus and Infrastructure
IIFT offers a modern and vibrant campus, featuring lush greenery, sleek classrooms, a renowned library, and chill hangout spots. This environment is perfect for students who thrive in a dynamic and stimulating academic atmosphere.
DSE, on the other hand, is situated in the academic hub of Delhi University. Its facilities are solid but more academic-centric, focusing on functional and practical spaces rather than flashy amenities. This environment is ideal for students who value a more focused and traditional academic setting.
Fees and Return on Investment
IIFT charges around 21–25 lakhs for a two-year program. While this is a significant investment, the high placement offers and opportunities make it a worthwhile choice for those looking for a return on their investment in the global market.
DSE is a more budget-friendly option, with fees ranging from 2–3 lakhs. This makes it an attractive choice for students who prioritize affordability and value for money.
Conclusion
Choosing between DSE and IIFT for an MBA in International Business depends on your specific goals and preferences. If you prioritize a strong theoretical foundation in economics and are interested in research or policy-making in international trade, DSE might be the better choice. On the other hand, if you are looking for a more practical, industry-oriented approach with strong placement opportunities, IIFT is likely to be more suitable.
Ultimately, it is essential to consider the specific curriculum, faculty, campus culture, and your own career aspirations when making your decision. Visiting both campuses and speaking to current students or alumni can provide valuable insights to guide your choice.