

Location
Joravar Bhavan, Opp. New Boys Hostel, Mumbai University, Kalina Vidyanagari Campus, Santacruz (E), Mumbai, Maharashtra, 400098
Alkesh Dinesh Mody Institute for Financial & Management Studies (ADMIFMS), located in Mumbai, is a public business institution under the University of Mumbai. Founded in 1994 to honor Shri Alkeshbhai D. Mody, the institute sits at Joravar Bhavan in Santacruz (East). It's officially recognized by AICTE and holds NAAC accreditation, concentrating on finance and management education. ADMIFMS provides a range of undergraduate, postgraduate, and doctoral programs in management and finance, with its prominent course being the MMS (Master of Management Studies). For admission into MMS, entrance exams like MAH-CET, CAT, CMAT, XAT, MAT, and ATMA are considered. The course fees for MMS are approximately INR 2-2.2 lakh annually, whereas the BMS course costs around INR 1.4 lakh per year. Aspiring students must have obtained at least 50% in their prior qualifications, with a concession to 45% for reserved categories. The institute boasts an impressive placement track record, achieving a top package of INR 10 LPA and an average salary of INR 5.95 LPA in 2025. Esteemed recruiters from the institute’s campus include HDFC Bank, ICICI Bank, Deloitte, Morgan Stanley, Infosys, and TCS.