IIT Delhi established the Department of Management Studies with the aim of providing management education to the students. IIT Delhi MBA was ranked 5th among the top management institutes in India by NIRF 2023. The Department of Management Studies IIT Delhi offers MBA, Executive MBA, PhD, MDP and various other courses to the students. These courses are offered in management and various other streams.

According to a recent study carried out by Stanford University on Indian universities, DMS secured the second position in the business and management category. IIT Delhi's MBA program is recognized as a B-school certified by AACSB (The Association to Advance Collegiate Schools of Business).