Alkesh Dinesh Modi Institute for Financial Management Studies, Joravar Bhavan,Kalina Campus, Santacruz, Mumbai

The Institute was co-founded by the Mr. Dinesh Mody in loving memory of his beloved son Late Shri Alkesh D. Mody, who was a dynamic stockbroker and noble soul.

The logo of our Institute bears its VISION,ERUDITION,FAITH AND CHARACTER which negates INJUSTICE (ANANYA) IMMORTALITY (ANNETI) AND GREED (PARIGRAHA) in every domain of life.

These values are universally and eternally relevant. We are on the journey to new frontiers, a discovery of new horizons, where science and spirituality make their tryst with destiny.

The Institute was established in 1994,as a Department of the University of Mumbai, offering management education with a focus of financial services.

The Institute was set up in response to growing and acute need felt by Indian managers and investors to deal with rapidly changing business and financial environment. The courses started at the outset were a Diploma in Investment Studies and the Masters in Financial Services and Management program ,which was exclusively offered by ADMIFMS for more than half a decade.

ADMIFMS established in 1994 extended it's financial management programs to the prestigious Masters in Management Studies Program for the first time in 2002-2003 to live up to the increasing demand for Management professionals.

Admission Procedure

The Common Entrance Test - MHCET, conducted by the Directorate of Technical Education is accepted by our Institutes for MMS course.


Course Structure

(a) First Year course Structure


Semester I Semester II

1) Financial Accounting Human Resources
2) Managerial Economics Business Law
3) Organizational Behaviour Cost Accounting
4) Business Mathematics M I S
5) Communication Skills Marketing Startegies & Application
6) Marketing Management Macro Economics
7) Operations Management Operational Research
8) Selling and Negotiation Skills Research Methodology
9) High Performance Leadership Financial Management
10)Perspective Management Decision Science
11)Information Technology for Management Analysis Of Balancesheet


Semester III

I) Marketing

1) Strategic Management
2) Sales Management & Sales Promotion Distribution and Supply chain management
3) Retail Management
4) Integrated Market Communications
5) Product & Brand Management & Marketing Finance
6) B2B Marketing & CRM
7) International Marketing
8) Market Research Applications
9) Consumer Buying Behaviour

II) Finance

1) Strategic Management
2) Mergers, Acquisition & Corporate Restructuring
3) Corporate Law
4) Portfolio Management & Security Analysis
5) International Finance
6) Derivatives & Risk Management
7) Corporate Valuation
8) Financial Markets & Institutions

III) Human Resource

1) Strategic Management
2) Human Resources Planning & Human Resources Audit
3) Training & Development
4) Introduction to Industrial Relation & Labour Welfare
5) Compensation & Benefits
6) Competency & Performance Management
7) Organization Development
8) Quantitative Techniques in HR
9) Building a learning organisation


Semester IV

1) Management Control System
2) Business Ethics and Corporate Governance
3) Entrepreneurships Management
4) Services Management
5) Environments Management
6) Productivity Techniques or Total Quality Management or Project Management
7) Specializations Project

(b) Three Years Part Time Master's Degree in Financial Services Management (MFSM)

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(c) Three Years Full Time Bachelor's Degree in Management Studies (BMS)

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