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

Established in 1994 as a Department of the University of Mumbai, the Institute was envisioned to offer management education with a specialized focus on financial services. It was conceived in response to the growing need for Indian professionals capable of managing business and capital market operations in an increasingly dynamic financial environment. 

The Institute's academic journey began in year 1994 with the Diploma in Investment Studies (D.I.S.). In 1998, this diploma was upgraded to a two-year postgraduate degree, Master's in Financial Services and Management. Building on this success, the undergraduate Bachelor of Management Studies (BMS) program was launched in year 2000. In year 2002, with due approval from the All India Council for Technical Education (AICTE), the Institute introduced its flagship Master of Management Studies (MMS) program. 

In 2019, the Institute further expanded its academic portfolio with the launch of the M.Sc. (Finance) program. Continuing this momentum, the BMS-MMS Five-Year Integrated Program was introduced in 2024-25, and upcoming in the pipeline is the B. Com (Retail Operations Management) under the Apprenticeship Embedded Degree Program (AEDP), scheduled for launch in the Academic Year 2025-26.

The Institute also offers a doctoral research program (Ph.D.) in Management, reaffirming its commitment to advanced scholarship and research excellence.

 

M.Sc. (Finance)

The Master of Science (M.Sc.) in Finance at ADMIFMS is a comprehensive two-year, full-time postgraduate program designed to cultivate future leaders in the financial sector. The curriculum combines rigorous academic instruction with practical industry insights, offering a balanced blend of theoretical frameworks and real-world application.

Key areas of study include: 

• Economics and Quantitative Methods

• Accounting and Financial Reporting

• Corporate Finance and Financial Markets

• Institutions, Risk Management, and Behavioral Finance

•  Alternative Investments and Business Analytics

• The program includes a mandatory summer internship and a dissertation project, ensuring hands-on experience and strong research acumen aligned with the evolving needs of the financial services industry.

 

M.M.S. - Master of Management Studies

The MMS program is the flagship postgraduate program of the Institute, recognized for its strong industry-academia interface. Students benefit from ongoing interaction with industry leaders, domain experts, and social entrepreneurs through seminars, guest sessions, and corporate engagements. Recruiters and industry partners span a wide array of sectors, including:

•  Consulting, E-Commerce, EdTech, IT/ITES, Telecom

• Digital Marketing, Banking, NBFCs, Media, Energy, FMCG

• Production, Supply Chain Management, and more

Students actively participate in institute-led initiatives through faculty-mentored committees such as:

• Placement Committee

•  Alumni Committee

•  Media and Cultural Committees

• E-Cell, Artillery Club, and the Social Responsibility Club

• These co-curricular platforms enhance leadership, collaboration, and experiential learning.

 

B.M.S. - Bachelor of Management Studies 

The BMS program is an undergraduate management degree designed to prepare young aspirants for future managerial roles in industry and entrepreneurship. Beyond the classroom, students gain exposure through: 

E-Cell and Entrepreneurship Activities

Social Initiatives and Cultural Events

Industry Visits and Workshops
 

This practical orientation fosters holistic development and industry-readiness.

 

BMS-MMS Five-Year Integrated Program

Launched in 2024-25, the Five-Year Integrated BMS-MMS program offers a unique structure that blends undergraduate and postgraduate management education in a seamless academic progression. Key highlights of the program are: 

Students can select major and minor specializations (Finance, Marketing, Human Resources, or International Business) at the start of their MBA phase

 Curriculum is designed to offer depth, flexibility, and early industry alignment
 

A versatile learning environment supports focused career-building and management excellence