Established in 1987, the Department of Financial Studies, University of Delhi, is a distinguished academic unit specialising in financial management education. Situated within the South Campus of the University of Delhi, DFS has established itself as one of India’s premier institutes for finance education, offering a rigorous and industry-aligned curriculum.
The department is particularly known for its flagship MBA (Financial Management) program, attracting some of the finest minds in the country through the Common Admission Test. With a focus on advanced financial analysis, risk management, capital markets, and corporate finance, DFS maintains an outstanding academic and placement record while fostering a culture of research and innovation in financial studies.
Department of Financial Studies, University of Delhi Highlights 2025
| Particular | Details |
|---|---|
| Institute Name | Department of Financial Studies, University of Delhi |
| Established | 1987 |
| Location | South Campus, University of Delhi, New Delhi |
| Affiliation | University of Delhi |
| Approved By | University Grants Commission |
| Flagship Program | MBA (Financial Management) |
| Entrance Exam | Common Admission Test |
| Application Mode | Online |
| Official Website | www.mfc.edu |
| How To Reach | By Air- The nearest airport is Indira Gandhi International Airport, New Delhi (DEL), located approximately 12 km from the South Campus. By Rail- The nearest major railway stations are New Delhi Railway Station and Hazrat Nizamuddin Railway Station, located around 12–14 km from the campus. By Bus, the South Campus is well connected by Delhi Transport Corporation (DTC) buses and cluster buses, with regular services from Connaught Place, AIIMS, Dhaula Kuan, and major city points. |
Department of Financial Studies, Ranking
The Department of Financial Studies, University of Delhi, holds a prominent position among India’s leading management institutes specialising in finance. Although DFS does not participate in popular management rankings like the National Institutional Ranking Framework due to its niche focus, it is consistently recognised by industry experts, alumni, and corporate recruiters as one of the country’s top destinations for finance education. The department’s MBA (Financial Management) program is highly regarded for its rigorous curriculum, experienced faculty, and excellent placement outcomes, often equating with or surpassing many premier B-schools regarding career opportunities in the financial sector.
| Ranking Body | Category | Rank | Year |
|---|---|---|---|
| Business Today B-School Rankings | India’s Top B-Schools (Finance Specialisation) | 23 | 2023 |
| Outlook ICARE B-School Rankings | Top Government B-Schools | 25 | 2023 |
| India Today B-School Rankings | Top MBA Colleges (Public Sector) | Top 30 | 2023 |
Department of Financial Studies, University of Delhi Courses and Fees
The Department of Financial Studies offers two specialised postgraduate programs in finance. The flagship MBA (Financial Management) is a two-year full-time program open to graduates with at least 50% marks and admission through CAT, followed by GD-PI rounds. The annual fee for this program is ₹48,500 (₹12,125 for Persons with Disabilities) along with a ₹50 enrolment fee for students from outside the University of Delhi. Additionally, DFS offers a Ph.D. in Finance, a research-focused program of 3 to 5 years, open to postgraduates with at least 55% marks who qualify for the University of Delhi Ph.D. Entrance Test or UGC-NET/JRF.
| Course | Duration | Eligibility | Annual Fee (₹) |
|---|---|---|---|
| MBA (Financial Management) | 2 Years | Bachelor’s Degree with a minimum of 50% marks | ₹48,500 (₹12,125 for Persons with Disabilities) + ₹50 enrolment fee for non-University of Delhi students |
| Ph.D. in Finance | 3–5 Years | Master’s Degree in relevant discipline with minimum 55% marks and valid University of Delhi Entrance Test/UGC-NET/JRF qualification | As per University of Delhi norms (Approx. ₹20,000/year + applicable examination & registration fees) |
Department of Financial Studies, University of Delhi Application Process
The application process for DFS is conducted online and involves a combination of national entrance exams and institute-level evaluation. Admission is based on merit and program-specific criteria.
How to Apply:
- Eligibility Check: Candidates must hold a Bachelor’s Degree with a minimum of 50% marks.
- Entrance Exam: Appear for the Common Admission Test conducted by the Indian Institutes of Management.
- Application Submission: Apply online through the official DFS website after the CAT results are announced.
- Shortlisting: Shortlisted candidates are invited for a Group Discussion and Personal Interview based on the CAT percentile.
- Final Merit List: Prepared considering CAT score, GD-PI performance, and academic background.
- Admission Confirmation: Upon selection, candidates must verify their documents and pay the program fee.
Department of Financial Studies, University of Delhi Placement 2024
DFS maintains an exceptional placement record with top recruiters from banking, financial services, consulting, and fintech sectors.
| Particulars | Placement Statistics 2024 |
|---|---|
| Highest Package | ₹24 LPA |
| Average Package | ₹14.2 LPA |
| Median Package | ₹13.6 LPA |
| Top Recruiters | Deloitte, EY, KPMG, HSBC, ICICI Bank, SBI Capital, CRISIL |
Department of Financial Studies, University of Delhi Scholarships 2025
DFS offers several scholarships through the University of Delhi, designed to support deserving students:
- Merit-Based Scholarships
- Means-Cum-Merit Scholarships
- Scholarships for Persons with Disabilities
- State Government Financial Aid
- University of Delhi Student Welfare Fund Assistance
| Scholarship Scheme | Benefits | Eligibility |
|---|---|---|
| Merit-cum-Means (MCM) Scholarship | Full tuition fee waiver + ₹1,000/month stipend | MBA students, family income ≤ ₹5 lakh, and minimum required academic performance |
| University of Delhi Means-Based Scholarship | Full or partial tuition waiver + monthly allowance | Financially disadvantaged students enrolled in MBA or Ph.D. programs |
| UGC-NET/JRF Fellowships (Ph.D.) | ₹37,000–₹42,000/month stipend + HRA + contingency grant | Ph.D. students qualifying the UGC-NET/JRF examination |
| SC/ST/OBC/Pwd National Scholarships | Full fee waiver + additional financial assistance | Reserved category students with a valid certificate |
| Industry/Private Endowment Scholarships | Variable financial support (fee waivers, stipends, awards) | Based on academic merit and financial need |
| Student Welfare Fund Assistance (DU) | Financial aid for tuition, hostel, and emergency expenses | Economically weaker students at South Campus |
Department of Financial Studies, University of Delhi Campus Facilities
Located at South Campus, DFS provides a modern learning environment equipped with:
- Smart classrooms
- Dedicated financial studies library
- Finance lab
- Seminar and conference rooms
- Wi-Fi-enabled academic blocks.
- Centralised University of Delhi hostel accommodation (subject to availability)
- Cafeteria and recreational areas
Department of Financial Studies, University of Delhi FAQS
Where is the Department of Financial Studies (DFS), University of Delhi?
DFS is located at the South Campus of the University of Delhi in New Delhi. The campus is well connected to the city by metro, rail, air, and road, with Durgabai Deshmukh South Campus Metro Station just a short walk away.
When was the Department of Financial Studies established?
The Department of Financial Studies, University of Delhi, was established in 1987 to provide specialised finance and financial management education.
What academic programs are offered at DFS Delhi?
DFS offers a two-year full-time MBA (Financial Management) program and a doctoral program (Ph.D.) in Finance.
How can I get admission into the MBA (Financial Management) program at DFS?
Admission to the MBA (Financial Management) program is through the Common Admission Test, followed by a Group Discussion and Personal Interview conducted by DFS.
What is the fee structure for the MBA (Financial Management) program at DFS?
The annual fee is ₹48,500 (₹12,125 for Persons with Disabilities), with an additional ₹50 enrolment fee for students not previously enrolled at the University of Delhi.
Does DFS Delhi offer scholarships and financial aid?
Yes, DFS offers Merit-cum-Means scholarships, national scholarships for SC/ST/OBC/Pwd students, UGC-NET/JRF fellowships for Ph.D. scholars, and University of Delhi welfare schemes.
What are the campus facilities like at DFS Delhi?
DFS offers modern classrooms, a finance lab, a financial studies library, a Wi-Fi-enabled campus, hostel facilities (subject to availability), seminar halls, and recreation areas within the South Campus.
Is hostel accommodation available for DFS students?
Yes, limited hostel accommodation is available through the University of Delhi’s South Campus hostels, allotted on merit and availability.
How can I apply for the Ph.D. in Finance program at DFS Delhi?
Admission to the Ph.D. program is through the University of Delhi’s Ph.D. Entrance Test or by qualifying UGC-NET/JRF. Eligible candidates must also appear for an interview conducted by the DFS Research Committee.
