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

Some reasons why you can consider IIFT over MDI are: 

1. Finance: IIFT is one of the few institutes in which most of the students go for finance as a major. Almost 50% of the batch are Finance majors. The campus is visited by Goldman Sachs, JP Morgan, and Axis Bank which recruit in large numbers, to name a few.
2. 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. 
3. Alumni base: For the last 59 years, IIFT Delhi has established a far richer and more established alumni network than MDI Gurgaon in comparison.
4. Accreditation: IIFT is under the Ministry of Commerce, Govt. of India which also audits its placement reports.
5. Entrepreneurship: As with other B-schools, IIFT promotes entrepreneurship among its students by teaching them about trades in addition to the standard course curriculum.

Many people I know chose IIFT over MDI Gurgaon and many did the opposite as well, after doing healthy research and a comparison of the two.