Why/why not MBA from IIT Delhi(DMS)?

While many MBA aspirants consider nothing better than IIMs, I have an altogether different opinion in this regard. This opinion stems from my sister's experience last year when she completed her MBA from DMS, IIT Delhi.

• IIT Delhi is a magical place that harnesses your talents to the fullest and helps you identify your strengths and overcome your weaknesses.
• An excellent peer group promotes healthy competition and growth 
• The overall ambiance and culture at the IIT combined with the rich alumni base make it possible to gain an enriching experience.
• The older the institute and program the more brand value it carries. IITs MBA program dates back to 1997 and fulfills this age criterion excellently.
• The most important is the fees which are less than half the fees of other top B Schools. This results in great return on investment with the placements being almost on par with most B Schools
• The small batch size of 120 promotes great peer interactions as well as student-teacher relations.

I certainly don’t mean to undermine the B schools, what I mean is IIT Delhi DMS is not that bad an idea for an MBA.