If you have other options like older IIMs or private B Schools such as MDI or SP Jain, I would recommend you to go for them instead of DoMS, IIT Madras. I am not saying MBA from DoMS is a bad idea, it’s just that B Schools are best for MBA.

MBA program offered at DoMS IIT Madras has the following pros and cons

Pros

• Excellent ROI
• Small size, hence less competition during placements 
• 100% placements 
• Average salary was recorded at INR 16.66 LPA which is similar to that of many private B Schools
• IIT Madras campus offers the most dynamic campus life one could ask for providing great exposure 
• IIT Madras has a great student exchange program and also pays the expenses unlike other B Schools
• You get to work with Engineering students on projects or startup incubators thus broadening the experience 

Cons

• IIT Madras has a quarter semester for the MBA instead of the usual trimester which sometimes becomes very hectic.
• Being a technical Institute, its MBA program has less value than other courses offered at the Institute

Overall, DoMS offers the best experience and the MBA is a good choice considering the ROI, campus life, and exposure provided by IIT Madras.