Finolex Academy of Management & Technology
Finolex Academy of Management & Technology (FAMT) is a private engineering college in Ratnagiri, Maharashtra, established in 1996 under Hope Foundation & Research Centre. It serves approximately 1,786 sanctioned students across seven undergraduate engineering programs, MCA, ME, and Ph.D., with active placement partnerships spanning major IT, manufacturing, and consulting employers.
- Company typePrivate
- Founded1996
- HeadquartersRatnagiri, India
- Headcount251–500
- GTM typeB2C
- OfferingServices
What Finolex Academy of Management & Technology does
Finolex Academy of Management & Technology (FAMT) is a private engineering college established in 1996 under Hope Foundation & Research Centre, Pune, and located on a 25-acre coastal campus in Ratnagiri, Maharashtra. The institution offers seven undergraduate engineering programs — Computer Science & Engineering (AI/ML), Computer Science & Engineering (Cyber Security), Electrical, Electronics & Telecommunication, Information Technology, Mechanical, and Chemical Engineering — along with postgraduate programs (Master of Computer Applications and Master of Engineering in Machine Design) and Ph.D. research in IT and Mechanical Engineering, serving a sanctioned student intake of 1,786 across all programs. FAMT is approved by AICTE, recognized by DTE Maharashtra, affiliated with the University of Mumbai, holds NAAC B+ accreditation, and has NBA accreditation for IT, Mechanical, EXTC (2024-2027) and Electrical (2026-2028) programs. The institution is led by Principal Dr. Kaushal K. Prasad (M.Tech IIT Kharagpur, PhD IIT Bombay) with a faculty of 103 and administrative staff of 28.
The college's technology infrastructure comprises departmental labs, a Microsoft Virtual Academy Center, an Intel Intelligent Systems Laboratory, and an Incubation Center for student entrepreneurs, supported by a vmedulife-based ERP and LMS portal and a central library holding 7,300 titles and 36,776 volumes with NPTEL access. Revenue is generated primarily through FRA-regulated tuition fees for engineering and postgraduate programs, examination fees, and hostel accommodation in the Finolex Industries Limited Housing Colony at Zadgaon, Ratnagiri. Student admissions flow through centralized DTE Maharashtra counseling, supplemented by institutional seminars and parent outreach events. The Training and Placement cell maintains active relationships with employers spanning IT services (TCS, Infosys, Capgemini, Accenture, Wipro, IBM India, Persistent Systems, LTI, Amazon), electronics and semiconductors (Qualcomm), manufacturing (Rolls-Royce, Motherson), consulting (PwC), and energy/petroleum (Reliance Life Sciences, BPCL), supporting campus recruitment outcomes that function as a key enrollment driver.
Finolex Academy of Management & Technology firmographics
Firmographics- Name
- Finolex Academy of Management & Technology
- Legal name
- Finolex Academy of Management & Technology
- Website
- https://famt.ac.in
- Company type
- Private
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Finolex Academy of Management & Technology (FAMT) is a private engineering college in Ratnagiri, Maharashtra, established in 1996 under Hope Foundation & Research Centre. It serves approximately 1,786 sanctioned students across seven undergraduate engineering programs, MCA, ME, and Ph.D., with active placement partnerships spanning major IT, manufacturing, and consulting employers.
- Ownership category
- akta.pro rank
Finolex Academy of Management & Technology industry classification
Industry- Product category
- Higher Education / Engineering Education
- NAICS
- Colleges, Universities, and Professional Schools (611310), Colleges, Universities, and Professional Schools (6113)
- SIC
- Services-Educational Services (8200), Services-Engineering Services (8711)
- akta.pro primary industry
- Engineering & Technology Institutes (Comprehensive) (EDAHAEAA)
- akta.pro secondary industry
- Makerspace, Innovation Lab & Fab Lab Operations (Tools, Safety, Programming) (EDAEAGAI)
Keywords
Where Finolex Academy of Management & Technology is headquartered
LocationHeadquarters
- HQ city
- Ratnagiri
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Finolex Academy of Management & Technology business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Tuition and Academic Fees: Revenue generated from undergraduate engineering programs (BE), postgraduate programs (ME, MCA), and Ph.D. programs. Fee structures are regulated by Fees Regulatory Authority and published on the institution website.
- Examination Fees: Fees collected for examination forms and related administrative processes
- Hostel and Infrastructure Services: Hostel accommodation available in Finolex Industries Limited Housing Colony at Zadgaon, Ratnagiri
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Engineering programs (BE) - Regulated fees under DTE Maharashtra |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Finolex Academy of Management & Technology product offering
Product offeringCore offering
Finolex Academy of Management and Technology (FAMT) is a private engineering college that delivers undergraduate engineering programs (Bachelor of Engineering) across seven specializations including Computer Science & Engineering with AI/ML, Computer Science & Engineering with Cyber Security, Electrical Engineering, Electronics & Telecommunication Engineering, Information Technology, Mechanical Engineering, and Chemical Engineering, alongside postgraduate programs (Master of Computer Applications and Master of Engineering in Machine Design) and Ph.D. research programs, all affiliated to University of Mumbai. The institution complements academic delivery through a Training & Placement cell that facilitates campus recruitment with major employers, dedicated Centers of Excellence in partnership with Microsoft (Virtual Academy) and Intel (Intelligent Systems Laboratory), and an on-campus Incubation Center for student entrepreneurs. Operations are supported by student services including hostel accommodation, library with digital resources, sports and cultural activities, and an ERP/LMS portal.
Product overview
FAMT is an engineering college offering seven undergraduate engineering programs and two postgraduate programs (MCA and ME in Machine Design). The academic portfolio includes traditional engineering disciplines (Mechanical, Electrical, Chemical, Electronics & Telecommunication) alongside specialized programs in Computer Science with AI/ML and Cyber Security. The institution operates Centers of Excellence in partnership with Microsoft (Virtual Academy) and Intel (Intelligent Systems Laboratory) to provide technology-focused skill development. The institution also maintains an Incubation Center to foster entrepreneurship among students.
Differentiator
Problem solved
Functional benefit
Products and services
- Bachelor of Engineering in Computer Science & Engineering (Artificial Intelligence & Machine Learning) Four-year undergraduate Bachelor of Engineering program specializing in Artificial Intelligence and Machine Learning, affiliated to University of Mumbai and approved by AICTE. Designed for students completing HSC (12th standard) with Physics, Chemistry, and Mathematics, preparing them for AI/ML engineering roles in the technology industry.
- Bachelor of Engineering in Computer Science & Engineering (Cyber Security) Four-year undergraduate BE program in Computer Science with a Cyber Security specialization, affiliated to University of Mumbai and AICTE approved, focused on information protection, security operations, and cyber defense skills for prospective engineers.
- Bachelor of Engineering in Electrical Engineering Four-year undergraduate BE program in Electrical Engineering, NBA accredited through 2028 and AICTE approved, affiliated to University of Mumbai, covering electrical systems, power, and related engineering fundamentals.
- Bachelor of Engineering in Electronics & Telecommunication Engineering Four-year undergraduate BE program in Electronics & Telecommunication Engineering, NBA accredited, AICTE approved, and affiliated to University of Mumbai, covering electronics, communication, and signal processing disciplines.
- Bachelor of Engineering in Information Technology Four-year undergraduate BE program in Information Technology, NBA accredited and AICTE approved, affiliated to University of Mumbai, with strong campus placement track record at recruiters including TCS, Infosys, Capgemini, and Accenture.
- Bachelor of Engineering in Mechanical Engineering Four-year undergraduate BE program in Mechanical Engineering, NBA accredited, AICTE approved, affiliated to University of Mumbai, and supported by the department's NBA-accredited status through 2027.
- Bachelor of Engineering in Chemical Engineering Four-year undergraduate BE program in Chemical Engineering, AICTE approved, affiliated to University of Mumbai, covering chemical process engineering and supporting placements at firms like Reliance Life Sciences and Bharat Petroleum.
- Master of Computer Applications (MCA) Postgraduate Master of Computer Applications program with 90-student intake, affiliated to University of Mumbai, designed for graduates seeking advanced computer application skills for careers in the technology sector.
- Master of Engineering (ME) in Machine Design Postgraduate ME program in Machine Design with 18-student sanctioned intake, affiliated to University of Mumbai, designed for engineering graduates seeking specialization in mechanical design.
- Ph.D. Programs in Information Technology and Mechanical Engineering Doctoral research programs in Information Technology and Mechanical Engineering, registered under University of Mumbai, providing research scholars with faculty guidance, laboratory access, and a research-oriented academic environment.
- On-Campus Hostel Accommodation Student hostel accommodation available at Finolex Industries Limited Housing Colony, Zadgaon, Ratnagiri, supporting enrolled students of the BE, ME, and MCA programs with residential facilities.
Quantifiable outcome
- University Rank 1 in CSE (AIML) and Information Technology in 2025
- +3 more outcomes
Companies that use Finolex Academy of Management & Technology
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles4 records
Finolex Academy of Management & Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Finolex Academy of Management & Technology partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and moderate.
- All India Council for Technical Education (AICTE)coreRegulatory approval body that grants approval for engineering programs. FAMT is approved by AICTE, New Delhi for all its engineering and technology programs.
- Directorate of Technical Education (DTE), MaharashtracoreState regulatory body for technical education in Maharashtra. FAMT is recognized by DTE, Government of Maharashtra for its engineering programs.
- University of MumbaicoreAffiliating university for all undergraduate and postgraduate degree programs. Students receive University of Mumbai degrees upon completion.
- Hope Foundation & Research Centre, PunecoreParent trust organization that established and manages FAMT. Founded by Late P.P. Chhabria. Mrs. Aruna Katara serves as President of Hope Foundation.
- MicrosoftmoderateMicrosoft Virtual Academy Center established as Center of Excellence at FAMT for Microsoft-related training, certifications, and skill development.
- IntelmoderateIntel Intelligent Systems Laboratory (Intel IS Lab) established for intelligent systems research and training, providing students exposure to cutting-edge technology.
- Finolex Industries LimitedmoderateProvides hostel facility in Finolex Industries Limited Housing Colony at Zadgaon, Ratnagiri for student accommodation.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Finolex Academy of Management & Technology competitors and assessment
Company assessmentDirect peers
- MIT World Peace University (MIT WPU): Large private university in Pune offering undergraduate and postgraduate engineering programs with similar regulatory standing (AICTE-approved, University of Mumbai-affiliated programs). Comparable on placement network, multi-stream engineering portfolio, and trust-managed governance.
- Sinhgad College of Engineering (SCOE): Large private engineering college in Pune offering similar undergraduate and postgraduate programs with comparable accreditation profile. Direct peer on size, governance model, and placement-led GTM.
- Dr. D.Y. Patil Institute of Engineering, Management & Research: Pune-based private engineering college under the D.Y. Patil trust, offering AICTE-approved BE programs affiliated to University of Mumbai with similar placement partners and ranking tier.
- Vishwakarma Institute of Technology (VIT Pune): Private engineering college in Pune affiliated to University of Mumbai, offering BE and ME programs with active campus placements and NBA accreditation. Comparable as a Maharashtra-based, trust-managed engineering institution with similar program mix and employer base.
- Pimpri Chinchwad College of Engineering (PCCOE): University of Mumbai-affiliated engineering college in Pune with NBA accreditation, strong placement track record, and similar trust governance model. Direct comparable on accreditation profile, program portfolio, and employer relationships.
- JSPM's Rajarshi Shahu College of Engineering: Pune-based University of Mumbai-affiliated engineering college with similar program mix (CSE, Mechanical, EXTC, etc.) and trust-managed structure. Comparable across accreditation tier and employer recruiter base.
Regional players
- KIT's College of Engineering, Kolhapur: Maharashtra-based private engineering college with similar University of Mumbai affiliation, NBA-accredited programs, and AICTE approval. Comparable regional peer serving Maharashtra's tier-2 markets.
- Walchand College of Engineering, Sangli: One of Maharashtra's oldest autonomous engineering institutions, offering BE/ME programs with strong industry ties. Comparable as a tier-2 Maharashtra engineering institution serving a regional student catchment.
- Rajarambapu Institute of Technology (RIT), Islampur: Western Maharashtra private engineering college with University of Mumbai affiliation and similar AICTE-recognized programs. Comparable as a tier-2 Maharashtra competitor in placements and rankings.
Broad incumbents
- BITS Pilani: Premier private engineering institution offering BE and ME programs with a strong technology and entrepreneurship focus, including Centers of Excellence similar to FAMT's Microsoft and Intel partnerships. Sets the aspirational benchmark for employer pull and graduate outcomes in the Indian engineering market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Finolex Academy of Management & Technology social profiles
Digital presenceFinolex Academy of Management & Technology compliance and trust
Trust signalCompliance6 records
Finolex Academy of Management & Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finolex Academy of Management & Technology leadership team
Management profileNumber of profiles
Profiles7 records
Finolex Academy of Management & Technology funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finolex Academy of Management & Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finolex Academy of Management & Technology
What does Finolex Academy of Management & Technology do?
Finolex Academy of Management and Technology (FAMT) is a private engineering college that delivers undergraduate engineering programs (Bachelor of Engineering) across seven specializations including Computer Science & Engineering with AI/ML, Computer Science & Engineering with Cyber Security, Electrical Engineering, Electronics & Telecommunication Engineering, Information Technology, Mechanical Engineering, and Chemical Engineering, alongside postgraduate programs (Master of Computer Applications and Master of Engineering in Machine Design) and Ph.D. research programs, all affiliated to University of Mumbai. The institution complements academic delivery through a Training & Placement cell that facilitates campus recruitment with major employers, dedicated Centers of Excellence in partnership with Microsoft (Virtual Academy) and Intel (Intelligent Systems Laboratory), and an on-campus Incubation Center for student entrepreneurs. Operations are supported by student services including hostel accommodation, library with digital resources, sports and cultural activities, and an ERP/LMS portal.
Is Finolex Academy of Management & Technology a public or private company?
Finolex Academy of Management & Technology is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Finolex Academy of Management & Technology founded?
Finolex Academy of Management & Technology was founded in 1996. It employs 251 to 500 people.
Where is Finolex Academy of Management & Technology based?
Finolex Academy of Management & Technology is headquartered in Ratnagiri, India, in the Asia region.
How does Finolex Academy of Management & Technology make money?
Three revenue lines are on record. Tuition and Academic Fees are the primary driver. The others are examination Fees and hostel and Infrastructure Services.
Who are Finolex Academy of Management & Technology's main competitors?
Direct peers on record are MIT World Peace University (MIT WPU), Sinhgad College of Engineering (SCOE), Dr. D.Y. Patil Institute of Engineering, Management & Research, Vishwakarma Institute of Technology (VIT Pune), Pimpri Chinchwad College of Engineering (PCCOE) and JSPM's Rajarshi Shahu College of Engineering. Regional players are KIT's College of Engineering, Kolhapur, Walchand College of Engineering, Sangli and Rajarambapu Institute of Technology (RIT), Islampur. BITS Pilani is listed as a broad incumbent.
Does Finolex Academy of Management & Technology have an API?
No public API is recorded for Finolex Academy of Management & Technology.
What industry is Finolex Academy of Management & Technology in?
Finolex Academy of Management & Technology's product category is Higher Education / Engineering Education. Its primary akta.pro industry code is EDAHAEAA, Engineering & Technology Institutes (Comprehensive), with a secondary code of EDAEAGAI, Makerspace, Innovation Lab & Fab Lab Operations (Tools, Safety, Programming). Its NAICS code is 611310 and its SIC code is 8200.