Department of Financial Studies (DFS), University of Delhi recorded a highest annual package of INR 28.30 LPA for its MBA (Finance) batch of 2024-26. The average was INR 15.50 LPA, while the median reached INR 15.25 LPA. These results were announced in the Placement Report 2026, released in June 2026. CTC means the total annual compensation package, and LPA means lakh per annum.

Compared with the 2025 average of INR 19.12 LPA, the 2026 average was lower. However, the median increased to INR 15.25 LPA from INR 14.47 LPA, suggesting that salaries were more evenly spread across the batch. Placement results for MBA (Finance) continue to be reported separately under the Department of Finance and Business Economics (DFBE). DFBE was formed in 2019 when DFS merged with the Department of Business Economics.

  • Average packages for the highest-paid groups were INR 20.60 LPA for the top 10%, INR 19.30 LPA for the top 25%, and INR 16.97 LPA for the top 50%.
  • Students receiving pre-placement offers (PPOs), which are job offers made before final placements, had an average CTC of INR 16.97 LPA. This exceeded the average for the full batch.
  • Financial analytics and research accounted for the largest share of roles at 29%. Corporate banking followed with 11%.
  • The official report lists returning recruiters including D.E. Shaw and Co., Arcesium, CRISIL, and Ernst and Young.

DFS Delhi Placements 2026

The MBA (Finance) placement results for the 2024-26 batch cover overall salaries, average packages for the highest-paid groups, PPOs, and hiring domains. The official 2026 report records the following figures:

Measure2026 Placement Result
Median CTCINR 15.25 LPA
Average CTCINR 15.50 LPA
Highest CTCINR 28.30 LPA
Top 10%: Average CTCINR 20.60 LPA
Top 25%: Average CTCINR 19.30 LPA
Top 50%: Average CTCINR 16.97 LPA
Average CTC through PPOsINR 16.97 LPA
Domain with the largest shareFinancial analytics and research: 29%
Major participating recruitersD.E. Shaw and Co., Arcesium, CRISIL, Ernst and Young
DFS reports the highest, average, and median salaries, along with averages for selected percentile groups. It does not publish the placement rate or the number of students placed for any placement cycle.

DFS Delhi MBA (Finance) Placement Comparison

The two-year MBA (Finance), previously called the Master of Finance and Control (MFC), is DFS's flagship programme. It has one placement report each year. The 2026 edition does not state a lowest CTC; the 2025 report recorded it as INR 10.78 LPA.

Salary figures from the three latest official reports are compared below, with the newest cycle first.

Salary Measure 2026: Batch 2024-26 2025: Batch 2023-25 2024: Batch 2022-24
Median CTCINR 15.25 LPAINR 14.47 LPAINR 13 LPA
Average CTCINR 15.50 LPAINR 19.12 LPAINR 15.10 LPA
Highest CTCINR 28.30 LPAINR 32 LPAINR 28 LPA
Top 10%: Average CTCINR 20.60 LPA--
Top 25%: Average CTCINR 19.30 LPA-INR 20.75 LPA
Lowest CTC-INR 10.78 LPA-
  • Across these three cycles, the highest package remained between INR 28 LPA and INR 32 LPA. The largest offer was INR 32 LPA in 2025.
  • At INR 15.50 LPA, the 2026 average returned close to the 2024 figure of INR 15.10 LPA, following the sharp rise to INR 19.12 LPA in 2025.
  • The median reached INR 15.25 LPA in 2026, following INR 14.47 LPA in 2025 and INR 13 LPA in 2024. Its steady rise and small gap from the 2026 average suggest a more even spread of offers, with less influence from a few high packages.

DFS Delhi Placement Domains and Roles

For 2026, financial analytics and research led hiring with 29% of offers, followed by corporate banking at 11%. Other offers covered banking, financial services and insurance (BFSI), credit rating and risk assessment, wealth management and advisory, and corporate accounts and finance.

A more detailed domain split was published for the 2023-25 batch in the 2025 report:

Hiring Domain in 2025Percentage of Offers
BFSI31%
Wealth management17%
Non-banking financial companies (NBFCs)11%
Credit rating9%
Asset management3%
Fund accounting3%

Roles recorded in 2024 included credit analyst, capital market analyst, wealth manager, private equity associate, and data scientist. Students also received management trainee roles in risk, executive trainee roles, and financial operations positions. These profiles show the programme's focus on finance analyst careers rather than general management roles.

DFS Delhi Summer Internship Stipends

DFS students complete summer internships lasting two months, which can lead directly to PPOs. For the graduating batch covered by the 2026 report, these offers averaged INR 16.97 LPA, compared with the full batch average of INR 15.50 LPA.

The stipend figures below cover the full two-month internship period.

Stipend Measure for Two Months Batch 2025-27 Batch 2024-26 Batch 2023-25
Median stipendINR 24,000INR 21,500-
Average stipendINR 40,000INR 30,568INR 25,000
Highest stipendINR 1.20 lakhINR 2.60 lakhINR 1.30 lakh
Top 10%: Average stipendINR 1.12 lakh-INR 90,000
Top 25%: Average stipendINR 92,500-INR 56,400

Equity research and analytics accounted for 26% of internship roles for the 2025-27 batch, making it the largest hiring domain. Corporate finance and valuation followed at 17%. Students also took internships in banking and financial services, financial operations and treasury, wealth and asset management, and strategic and general management.

For the 2024-26 batch, investment banking had the largest share of internship roles at 39%. That batch also recorded a stipend of INR 45,871 at the 75th percentile.

DFS Delhi Student Batch Profiles

Recruiters can review students' academic and professional backgrounds in the batch profiles published with DFS placement reports. The two recent batches had high CAT percentiles, with freshers forming the majority. Commerce and engineering were the main academic backgrounds.

Batch Characteristic2024-262023-25
Average CAT percentile96.0797.12
Highest CAT percentile99.7699.54
Freshers70.4%80%
Students from commerce37%33.3%
Students from engineering26%35.6%
Male : Female-80% : 20%

Across these batches, students came from institutions including IITs, IIMs, NITs, DTU, SRCC, SSCBS, and IISER, according to the official reports. In the 2023-25 batch, 40% had registered for Level 1 or Level 2 of the Chartered Financial Analyst (CFA) programme. This aligns with the MBA programme's CFA Institute University Affiliation, held since 2019.

DFS Delhi Recruiters

Financial services, credit rating, consulting, and banking firms form DFS's established recruiter base. The official reports for 2026, 2025, and 2024 name the following employers:

Recruiters at DFS Delhi
D.E. Shaw and Co.ArcesiumCRISILICRA
Ernst and YoungKPMGDeloitteKKR
Axis BankHDFC BankICICI BankSBI Capital Markets
OfBusinessAmbitAcuity Knowledge PartnersPublicis Sapient

Among the longest-standing recruiters, D.E. Shaw and Co., Arcesium, and CRISIL have returned consistently in recent placement cycles. KKR and OfBusiness also featured in the 2025 report. Their participation suggests some expansion into alternative investments and newer lending platforms.

DFS Delhi Placement FAQs

Ques. What salary figures did DFS Delhi record for its 2026 placements?

Ans. The MBA (Finance) batch of 2024-26 received a highest CTC of INR 28.30 LPA and an average of INR 15.50 LPA, according to the official 2026 report. Although the average fell from INR 19.12 LPA in 2025, the median increased to INR 15.25 LPA from INR 14.47 LPA. The higher median indicates an improvement in the typical offer.

Ques. What do DFS Delhi's results show about PPOs and their salaries?

Ans. Students who received PPOs in the 2026 cycle had an average CTC of INR 16.97 LPA. This was higher than the full batch average of INR 15.50 LPA. The figures suggest that converting a two-month summer internship into a pre-placement offer tended to bring a package above the batch average.

Ques. Which career areas account for most hiring at DFS Delhi?

Ans. In 2026, financial analytics and research had the largest share of offers at 29%. In 2025, BFSI led with 31%, followed by wealth management at 17%. Career options include credit analysis, equity research, capital market analysis, wealth management, and private equity associate roles.

Ques. Which employers return to hire DFS Delhi students?

Ans. Recent official reports repeatedly name D.E. Shaw and Co., Arcesium, CRISIL, Ernst and Young, and KPMG. Other participants in recent recruitment drives include Axis Bank, HDFC Bank, ICICI Bank, ICRA, KKR, and SBI Capital Markets.

Ques. What stipends have DFS Delhi students received during summer internships?

Ans. Over the two-month internship period, the 2025-27 batch recorded a highest stipend of INR 1.20 lakh, an average of INR 40,000, and a median of INR 24,000. For the 2024-26 batch, the highest stipend was greater at INR 2.60 lakh, while the average was lower at INR 30,568.