“The faculty and the curriculum at DMS were excellent. Some of our courses were introduced only much later in other B-schools in the country. It was a fantastic experience,” says Saurav Sharma, an alumni of IIT Delhi’s Department of Management Studies (DMS).
Sharma, now a director at United Bank of Switzerland and based in Hyderabad, is from the Class of 1997. DMS began functioning as a separate department from that year, though post-graduate management education was introduced in IIT Delhi in 1976.
Housed within the IIT Delhi campus, the institute offers, MBA (full time) with focus on management systems, MBA (full time) with focus on telecommunications system management and MBA (part-time) with focus on technology management.
Apart from these, students can opt for specialisation in functional areas like finance, marketing, information technology and human resource. All IITs admit students to the two-year full time MBA programme through the Joint Management Entrance Test.
“The faculty, infrastructure and courses offered here are unparalleled. Systems thinking and creative problem solving are two courses that are excellent and not taught in any other B-school,” says Tajinder Kohli, a first-year MBA student.
P.K. Jain, who teaches finance, with 35 years of teaching experience and 23 books and 120 research papers in national and international journals to his credit, is widely rated as one of the best teachers in India in his field.
“Our objective is to turn a good engineer into a better engineer.
We encourage students to do field work to increase their awareness of the real world work conditions,” says Vinayshil Gautam, who was the first head of the department of DMS and the founder director of IIM-Khozhikode.
Another reason why DMS is so sought after by students is the placements that they are offered.
“The return on investment is really high and the brand name of IIT definitely helps.
Including the hostel charges, one has to pay around Rs 2 lakh for the course. The minimum salary offered to graduates who pass out from here is at three times as much. In comparison, other comparable institutes charge 2-4 times these fees,” says Vipul Arora, a second year student and a member of the placement committee.
“We find the students of IIT-DMS very impressive. What we look for in our organisation is a combination of management skills, presentablity and communication skills,” said Vinay Tiwari, Campus Relations Manager, Citigroup. “The students here embody all these qualities.”
The green campus and the canteens act as great value additions.
“I love the greenery in the campus and it’s great to walk around.
The ‘Uth Café’ is the most popular hangout here. From Indian to Italian, it offers all kinds of dishes and it remains abuzz till the wee hours of morning. Politics, studies, films… we discuss everything over cups of chai and coffee,” says Kavita Dara, a first year MBA student.
Parivartan, the annual management festival and the magazine CHAOS (Creative and Holistic Approach to Organisational Systems) are among the various other platforms offered to students to nurture their creative spirits.
2009: Rs 16 lakh
2008: Rs 20 lakh
Placement season days
2007: 5 days
Director, American Express
Senior Director, ICICI Ventures
Chairman and managing director, NPCC
P&G, Amex, Coca Cola, Aditya Birla Group, Bank of America