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 

• Fees: The low fees charged by DFS is the USP of the college. You can pursue an MBA at just 26000. IIMs fees on the other end are very high Around 13–24 lakhs. So DFS offers a better ROI than IIMs.
• Curriculum: Curriculum-wise, DFS cannot be compared to IIMs that have excellent course structure at par with foreign universities. DFS follows the semester pattern, unlike the trimester pattern in IIMs. IIMs conduct case study competitions but this is not the case at DFS.
• Faculty : DFS has some very well-educated and experienced faculty members much better than at least the new IIMs.
• Placement: The placements at DFS are at par with new IIMs only and not other top IIMs. 
• Alumni: The small batch size of DFS has failed to establish an elaborate alumni base in contrast to IIM Ahmedabad.

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