Alkesh Dinesh Mody Institute for Financial and Management Studies (ADMIFMS) Mumbai

  Mumbai   AICTE, Private, University of Mumbai   ESTD 1994
  Mumbai   AICTE, Private, University of Mumbai   ESTD 1994

About College

Alkesh Dinesh Mody Institute for Financial and Management Studies was co-founded by Shri. Dineshbhai Mody in loving memory of his son Late Shri Alkeshbhai D. Mody. Shri. Alkeshbhai D. Mody was a dynamic stockbroker and noble soul.

The Institute was established in the year 1994 as a Department of the University of Mumbai for offering management education with a focus of financial services. The Institute was set up in response to the growing need of Indian managers and investors who could handle business and Capital Market operations in rapidly changing business and financial environment.

The first course that was offered by Institute was ‘Diploma in Investment Studies – (D.I.S)’. In the year 1998 Institute converted its two year ‘D.I.S.’ course into ‘Masters in Financial Services and Management‘ program. In the year 2000 Institute added another course by starting undergraduate degree program BMS (Bachelors in Management Studies). In the year 2002 Institute, post permission of AICTE (All India Council for Technical Education), started offering MMS (Masters in Management Studies) course.

Institute is now also offering doctoral research program – Ph.D. in Management.

The institute has been awarded with numerous awards. To name some;

  • ABP Education Leadership Award (2015)
  • ABP Award for Excellent Industry Interface (2014)
  • B-School with Excellent Industry Interface by Dainik Bhaskar (2013)
  • Amar Ujala B-School Excellence Awards for the year 2012-2013
  • Dewang Mehta Award for Best Academic Input (syllabus) in Finance (Year 2012, Year 2013 & Year 2014).
  • Ranked among top 250 Best B-Schools in the Best B-Schools survey conducted by Business Today in the year 2016

The institute is located at the Kalina campus (Vidyanagari) of University of Mumbai.

The objective of the institute is to bridge the industry-academia relationship and produce effective managers who could lead the organizations with their humble attitude and management knowledge.



Mumbai University Management Admissions 2019

Mumbai University offers Master of Financial Management (MFM), Master of Marketing Management (MMM), Master of Human Resources Development Management (MHRDM), Master of Information Management (MIM) programmes from Jamnalal Bajaj Institute of Management Studies (JIMS). They are 3 year Part time Degree courses of University of Mumbai. The Master of Financial Services Management (MFSM) is also a 3 year Part time Degree course. The MMS (Master of Management Studies) Programme is a 2 year Full time Degree course.

The University invites Applications for the above mentioned programmes for the academic year. The admission for MFM, MMM, MHRDM and MIM will be based on a Written Test followed by Group Discussion, the applications for which should be submitted. The admission for MMS Programme will be through the MHT-CET.


Course name Duration Fees Exams Accepted
Bachelor of Management Studies (BMS) 3 years 50,670
Master in Management Studies [MMS] 2 years MAH-CET
Master in Financial Services Management [MFSM] 3 years MAH-CET
Ph.D 3 years


Placement Cell

Placement Cell Activities

The placement cell in the institute has a crucial role in guiding & assisting the MMS students for their successful career placement during the time of their period in the completion of academic program of the students and their entry into suitable employment.

The placement cell of Institute provides guidance and all the assistance for the students in order to achieve their career goals. The cell takes relevant steps in identifying the demands of the current industry and prepares our students towards this need. Adequate emphasis is given for soft skills development along with regular academic programmes. Group discussions and aptitude tests are conducted at regular intervals to enable the students to improve their performance during placements.

List of Recruiters 2018:

Jaro Education E4 Development & Coaching Ltd.

A. K. Capital Service Ltd.

Story Mirror

ICICI Securities Ltd.

Realty Redefined

Sintex Plastic Technology

ORSS Group Consultancy

Decimal Point Analytics

HT Media Ltd.

Karma Management


Charterd Club


Midas-Care Pvt. Ltd



VM3 Tech Solutions LLP

Titan Sea & Air Services Pvt. Ltd.

Ascent Health & Wellness Solutions


Techved Consulting India P.L.

Hupp Technologies MCX

Mohit Industries Ltd. Consult IFRS.com

Hindu Economic Forum

Triedge Solutions

Vito India Advisors

Awign Enterprises

Capstone Securities Analysis Pvt. Ltd.

ICICI Securities and many more..

Infrastructure and Facilities

Institute has a well-equipped library with over 22000 physical books & 20000 E-Books, 700 educational CDs, a regular subscription of more than 90 journals and periodicals.

Institute also provides access to e-journals and industry databases.

Institute has two well-equipped computer labs.

Institute also has language lab.

Institute also provides access to statistical software (SPSS) for the research assignments.

Institute is powered with a state of the art Wi-Fi connection.

There are Audio visual aids available included OHP, LCD in every class room

Institute has Air-conditioned Class rooms.

Institute also has well equipped Conference Room

The Institute being a department of the University enjoys all the perks and facilities available on the University Campus at Kalina. This includes;

Access to the University Gymkhana

University’s Cricket ground

All the canteens and messes available on campus

Accommodation in the Guest houses and hostels

The Jawaharlal Nehru Library

Hostel Facility

Hostel facility is available to the students in the Kalina campus. The accommodation is limited and students will have to approach the concerned authorities.