Alkesh Dinesh Mody Institute For Financial And Management Studies Mumbai


Established in 1994 by Mr. Dineshbhai Mody, the Alkesh Dinesh Mody Institute for Financial and Management studies is situated in the Santacruz East, Mumbai. Accredited by AICTE and affiliated to University of Mumbai, the institute offers a range of courses including Bachelor of Management Studies (BMS), Master of Management Studies (MMS), Master’s in Financial Services Management (MFSM) and doctorate as well.

About the MMS Program

Spanning over two years and four semesters, the MMS Program at ADMI is a full time course and is constituted by 25 compulsory courses, 26 electives, project work, presentations and even field work. The course has a sanctioned intake of 120 students per batch. ADMI offers dual specialization in any two of the following electives:

  • Marketing
  • Finance
  • Human Resources
  • Operations Specialization
  • Information Technology
  • Corporate law
  • Education Management
  • Consulting

For detailed course structure, refer:


The eligibility criterion would be as specified by the Government of Maharashtra and University of Mumbai from time to time. The candidate must have completed his/her graduation. Those awaiting results and or appearing in the final examination may also be granted provisional admission.

Admission Procedure

In order to secure admission to the MMS Program at ADMI, the applicant is required to go through a 3 step selection process constituted by:

  • Common Entrance Test (CET) (Weightage 200)
  • Group Discussion (Weightage 15)
  • Personal Interview (Weightage 15)
Cut off Marks

The CET Score cut off for general category for the year 2012-2013 was 122.

Fees Structure

The fees for pursuing the two year MMS Program at ADMI is Rs.2,00,250 payable as follows:

Year 1

Year 2



Students are also required to deposit caution money of Rs.500 and library deposit of Rs.1,000.

For a detailed fees break up, refer:


The institute has a dedicated placement cell to look after all placement related activities and procedures. The campus is visited by a plethora of elite corporate including ICICI Securities, India Bulls, Zenith HR Solutions, AC Nielson, NSDL,, Focus Group, CMIE, Buyin IQ and so on.

For the complete list of recruiters, refer:

The average package offered at ADMI has been around Rs.3,25,000 while the average highest package secured was Rs.5,00,000.

For a detailed placement report of the 2014-15 batch, refer:

Rankings and Recognitions
  • Awarded the ‘Dainik Bhaskar National Educational Leadership Award, 2013’ for Excellent Industry Interface.
  • Awarded the ‘Amar Ujala B-School Excellence Award’ for Excelleny Industry Inteface.
  • Awarded by ABP News for Excellent Industry Interface.
  • Awarded the ‘Dewand Mehta B-School Award’ in 2012 and 2013 for its academic input- syllabus in finance.
  • Ranked among the top 150 B-Schools by ‘The Week’ and ‘Chronocle.
Campus Facilities

The institute boasts of a library stocked with over 12,000 books subscriptions to 74 journals and 19 periodicals. The campus is Wi-Fi enabled and equipped with smart classrooms with all the modern tools of teaching. Other than this, the campus houses all the necessities of a B-school including a computer lab and a seminar hall.

Hostel Facilities

Being a department of the university, the students can avail the services of the university hostel.


The institute grants need based scholarships and freeships to students belonging to DT,NT, SBC, SC, OBC, ST categories. The students can apply for the scholarship at

For more details pertaining to scholarships and freeships, refer:

Life at College
  • Industrial Visit

To verse the students to the day to day functioning of industry, ADMI undertake multiple industrial visits, which have been made a part of the curriculum of all full time courses.

  • Zest

Zest is the annual cultural festival of ADMI bringing about a blend of academic as well as cultural activities.

  • Round Table Conference

The annual round table conference at ADMI brings together dignitaries from the corporate world to discuss on the pressing issues and provide the students a deep insight as to the issue as well conduct.

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Affiliated to University of Mumbai, Mumbai
Establishment year 2001
Aid Status University Managed
Minority N

Hostel and Facilities

Total Hostel Capacity


Total Number of Boys Hostels 0
Hostel Accomodation (Boys)(Number of rooms)
Boys Hostel(Number of beds)
Boys Hostel(Average Area per Bed)
Total Number of Girls Hostels 0
Hostel Accomodation (Girls)(Number of rooms)
Girls Hostel(Number of beds)
Girls Hostel(Average Area per Bed)


Popularity Rank (based on average rank of admitted students): 121

Contact Number and Address


Joravar Bhavan, Opp. New Boys Hostel, Tagore Link Road, Vidya Nagari, Kalina, Santacruz East, Mumbai, Maharashtra 400098, India

City Mumbai
District Mumbai
State Maharashtra
Pin code 400098
Phone +91 22 2652 1680
Fax 26542221
Email Id

Fee Structure

Fee Structure

Stream Fees Structure for one year
Management (MBA) ₹ 17,000 To 100000

Courses Offered at

  • M.B.A. Master Of Business Administration / M.m.s.-master Of Management Studies (Business Management)

    Course Level
    Post Graduate
    Regular, Full Time
    3 Years
    Affiliated To
    University of Mumbai
    Start Year
    Eligible: Not Applied
    ₹ 17,000

View More Courses
  • M.B.A. Master Of Business Administration / M.m.s.-master Of Management Studies (Finance)

    Course Level
    Post Graduate
    Regular, Part Time
    3 Years
    Affiliated To
    University of Mumbai
    Start Year
    Eligible: Not Applied
    ₹ 34,000

  • M.B.A. Master Of Business Administration / M.m.s.-master Of Management Studies (Management Studies)

    Course Level
    Post Graduate
    Regular, Full Time
    2 Years
    Affiliated To
    University of Mumbai
    Start Year
    Eligible: Not Applied
    ₹ 1,00,000


Maximum salary offered
Minimum salary offered
Average salary offered


To pursue MBA at Alkesh Dinesh Mody Institute For Financial And Management Studies students must satisfy following eligibility criteria.

The minimum qualification to apply for admission to the MBA Program is a Bachelor's Degree (10+2+3 years of education) in any discipline which is recognized by the Association of Indian Universities, or any degree equivalent to the Bachelor's Degree, with a minimum of 50% aggregate marks in the Secondary / Higher Secondary / Pre-degree Examinations (or equivalent) conducted by a Board / University.

Those appearing for the final year of the Bachelor's degree examinations may also apply subject to completing their examinations or viva-voce, if any, before June 30. Such candidates will however have to fulfil the above eligibility requirements in respect of minimum academic qualifications for admission and furnish evidence to that effect latest by October 31. At the time of interview and/or admissions, they will be required to produce a letter from their College Principal / Head of Institution stating the exam dates.

Candidates with appropriate industry experience will be given preference for admissions. Their work experience will be given due weightage in terms of the organization, position held and duration.

Admission Procedure

Selected candidates will be called to attend Group Discussions and Personal Interviews. Multiple Group Discussion & Personal Interview lists will be released in phases, both before and after the Application Deadline. The intimation for interview & group discussion is done through registered post and e-mail. In the case of some programs, Group Discussion may not be conducted, in favor of a rigorous interview process.

The selection criteria for calling candidates for admissions is based on multiple factors as follows:

  • Past academic performance
  • Quality & content of the answers in the application form
  • Work experience, if any , in terms of job content & organization
  • Group Discussion & Interview performance (applicable for final admissions only)
  • Extra curricular activities, other interests & accomplishments
  • Competitive Test score (CAT, MAT, XAT, CMAT)

A combination of all the above factors are used to determine the eligibility of candidates to be offered final admission. Test scores are NOT the only criteria for selection.

A high test score does not guarantee a call for Group Discussion/Interview. The selection criteria are based on multiple factors as mentioned above.

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