IIFT Delhi and IIFT Kolkata are different. There is no pussyfooting about it. I shall attempt to elicit comparison from three different perspectives:

Academic Standpoint:

Both Delhi and Kolkata have a permanent faculty set based at either location. Essentially these 'home faculty' handle the majority of the core course curriculum. For certain courses some D-profs fly down to K and vice versa. In my time I recollect 7 courses being offered to Kolkata by 5 visiting members of the permanent Delhi faculty (Bear in mind there are around 63 total courses offered during the IIFT Program). Similiarly I can count atleast 4 Kol profs that visited Delhi for roughly the same number of courses. For courses taken by visiting faculty - as is the norm in most places - each college mines its visiting profs from quality instis that are geographically viable subject to the prof's willingness and availability. For example IIFT-K attracts profs from IIM-C, Calcutta University etc. Strictly in my opinion, I felt that the quality of lecturers across campuses was pretty much equal. Kolkata probably had the better Economics department, while Delhi had the edge in Finance.Now the coursework offered is similiar across campuses and the results for each trimester are also announced simultaneously. In my opinion the evaluation is generally a lot more lenient at IIFT-K. I don't recall a single fail grade being given despite some incredibly sub standard papers being turned in while the practice is commonplace in Delhi, culminating - in certain cases - even in detention(for an academic year). Effectively, IIFT-K students find it easier to get higher GPA's than their counterparts.

Campus Life/Quality of living

Delhi wins hands down here owing to the fact that they actually have a campus. You'll find the typical academic insti atmosphere in Delhi. i.e decent internet connection, buzzing campus even at 4am and an all night coffee station. Also better parties, booze sessions, fests, what have you.

Kolkata is based out of an office building, of which it operates from a sum total of 4 dedicated classrooms that are located on 2 floors. Of the 2 other floors occupied by IIFT- one is reserved for the staff and research students and the other houses a tiny library.The students of IIFT-K are split up into 4 hostels scattered around Salt Lake. The hostels themselves are passable by most standards - think bachelor apartments 2BHK buildings with each flat housing four inhabitants (2 per bedroom). While you do get a fridge and a TV per flat, gas connections and AC's are out of the question and not allowed. Electric stoves and kettles may be used by the students. Maintenance staff are hired that take care of the cleaning/washing etc. However only one of the hostels has a provision for a mess facility- and the food from this place is ferried to the other hostels. Which pretty much makes it inedible.

Draconian rules such as 11 pm curfew etc are employed and opportunities to fraternize with students outside of your hostel are logistically difficult, though not impossible. Given the constraints, organizing fests and events are near impossible, although the proximity of some of the hostel to a number of grounds opens up sport as an avenue to excise one's frustrations. It is expected that the new campus will be operational from June 2015, however the same refrain has been heard since 2008.

Placement Scenario

And now that you've scrolled all the way down here, I can finally give you the dirt you've been looking for. As of 2014, PFB the list of companies that completely, utterly exclude IIFT Kolkata students from their consideration set. Let me make myself crystal clear - despite whatever you read/hear about how people are trying to get them to reconsider etc. the fact remains that these companies will not so much as glance at an IIFT-K student's CV.

1. Cognizant Business Consulting

2. ITC

3. Mahindra & Mahindra

4. RPG Group

5. Cipla

6. Amazon