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More About FAMT Ratnagiri
Finolex Academy of Management & Technology (FAMT), located in Ratnagiri, Maharashtra, is widely recognized as a leading engineering and management institution in the Konkan region. Established in 1996, FAMT has built a strong legacy of academic excellence and professional development, operating as a permanently affiliated college under the esteemed University of Mumbai. Spanning a verdant campus of 17 acres in Mirjole MIDC, Ratnagiri, the academy provides a serene yet dynamic learning environment conducive to holistic growth.
FAMT offers a comprehensive array of undergraduate and postgraduate programs designed to meet the evolving demands of various industries. Its academic offerings include Bachelor of Engineering (B.E.) in Mechanical, Electrical, Electronics, Computer, Information Technology, Chemical, and Artificial Intelligence & Data Science, alongside Master of Engineering (M.E.) in Computer and Heat Power Engineering, and a Master of Business Administration (MBA) program. The institution boasts eight dedicated departments, fostering specialized knowledge and research across disciplines. Admission to these programs is competitive, primarily through entrance examinations such as MHT-CET, JEE Main for engineering, and MAH-MBA CET, CAT, MAT, XAT, CMAT, ATMA for management courses. The college has an annual intake capacity of 636 students, ensuring focused attention on each cohort.
With a dedicated faculty strength of 120 members, FAMT emphasizes practical learning, industry exposure, and robust placement assistance. The institution strives to equip students with the skills and knowledge necessary for successful careers, making it a preferred choice for engineering and management aspirants in Maharashtra. Its commitment to quality education and student-centric approach solidifies its reputation in the educational landscape.
Campus Area
17
Total Seat
636
Year of Establishment
1996
FAMT Ratnagiri Rankings, Accreditations & Recognitions
AFFILIATION (AFFILIATION)
All India Council for Technical Education (AICTE)
DTE (DTE)
National Assessment and Accreditation Council (NAAC)
National Board of Accreditation (NBA)
University Grants Commission (UGC)
B.E. / B.Tech 2025
Engineering 2024
Engineering(Private) 2024
B.E./B. Tech 2023
B.E./B. Tech 2022
Private Engineering Institutes in India 2023
Private Engineering colleges in Maharashtra 2023
Overall 2025
B.E./B. Tech 2025
Overall 2024
Maharashtra State Level 2023
Mumbai University Institutes 2023
Overall 2023
About Finolex Academy of Management and Technology - [FAMT] Ratnagiri
Finolex Academy of Management and Technology, located in Ratnagiri, Maharashtra, was established in 1996 as a Private institute. This college is known for offering various courses in engineering and computer applications.
Finolex Academy of Management and Technology is affiliated with Mumbai University and has been accredited with a B++ grade by the National Assessment & Accreditation Council (NAAC). The college offers courses at undergraduate, postgraduate, and doctoral levels, with the main academic streams including engineering and computer applications. The fee range for courses offered by the college is around INR 89,710 to 3,42,756.
According to the search data, Finolex Academy of Management and Technology has a dedicated placement cell that handles placement-related activities, including providing placements, training, and career guidance sessions. The college also offers various scholarships to support and recognize students based on different eligibility criteria. The average median salary at the institute is around INR 3,50,000.
Key Highlights
| Parameter | Details |
|---|---|
| Established | 1996 |
| Type | Private |
| Affiliation | Mumbai University |
| Accreditation | B++ |
| Location | Ratnagiri, Maharashtra |
Courses Offered at FAMT Ratnagiri
Specializations
Specializations
UG
Specializations
Specializations
Placements
Finolex Academy of Management and Technology, Ratnagiri has a dynamic placement cell that actively collaborates with esteemed organisations to organise interviews and campus drives.
Placement Statistics
| Parameter | Details |
|---|---|
| Highest Package | INR 10 LPA (in 2024) |
| Average Package | INR 3.50 LPA (in 2024) |
Top Recruiters
Some of the top companies that have recruited from Finolex Academy of Management and Technology, Ratnagiri include Amazon, Accenture, Capgemini, Persistent Systems, Larsen Toubro Infotech, TCS, L&T, Finolex Ltd., Infocenter, and Benchmark.
FAMT Ratnagiri College Details
P-60, P-60/2, MIDC, Mirjole, Ratnagiri - 415 639, Maharashtra
Contact: +91-2352-228362, +91-2352-228445
Nearby Locations
Ratnagiri Airport
11
Ratnagiri ST Bus Stand
14
S.B. Gadkari Hospital
13
Ratnagiri Railway Station
13
Rankings & Accreditations
Finolex Academy of Management and Technology has received accreditation and rankings from various agencies.
Accreditation Status
| Body | Grade/Status |
|---|---|
| NAAC | B++ |
| AICTE | Approved |
Rankings
| Agency | Year | Rank |
|---|---|---|
| NIRF | 2023 | 214 (B.E. / B.Tech) |
| Times | 129 (Engineering) |
Campus Facilities at FAMT Ratnagiri
Auditorium
Conference Room
Drawing Hall
Lecture Halls
Seminar Halls
Smart Classrooms
Guest Room / Visitor Accommodation
ATM Facility
Generator Backup (Power Backup)
Laundry Services (Hostel)
Purified Drinking Water Facilities
Accessibility Ramps and Lifts
Accessible Restrooms
Hostel Entry/Exit Policies
Visitor Management System
College Canteen
Hostel Mess
Boys Hostel
Girls Hostel
Campus-wide Wi-Fi Connectivity
Central Computer Center
Dedicated Server Room
Research & Development Cell (R&D Cell)
Startup and Innovation Cell (SIC)
Applied Science Labs
Chemical Engineering Labs
Computer Engineering Labs
Electrical Engineering Labs
Electronics & Telecommunication Engineering Labs
Language Lab
Digital Library Section
Dr. J. K. Mahajan Central Library
Photocopying and Printing Facility
Reading Room
Ambulance Service & Hospital Tie-up
Medical Room / Health Center
Visiting Doctor Service
Common TV Rooms (Hostels)
24x7 Security Services
CCTV Surveillance System
Fire Safety Systems
First Aid Facilities
Gymnasium
Indoor Sports Facilities
Outdoor Sports Grounds
Anti-Ragging Cell
Counseling Cell
Grievance Redressal Cell
Internal Complaints Committee (ICC) / Women's Grievance Cell
Placement Cell
College Bus Services
Parking Facilities
Scholarships & Financial Aid
Finolex Academy of Management and Technology, Ratnagiri offers various scholarships to support and recognise students based on different eligibility criteria.
College Scholarships
| Scholarship | Eligibility | Benefit |
|---|---|---|
| Dr Panjabrao Deshmukh Vastigruh Nirvah Bhatta Yojna | Specific caste and annual income of parent less than a specific amount | Financial assistance |
| Pragati Scholarship Scheme | Varying eligibility criteria | Financial assistance |
| Saksham Scholarship Scheme | Varying eligibility criteria | Financial assistance |
| University of Mumbai Scholarship | Varying eligibility criteria | Financial assistance |
Government Schemes
Students may also apply for state/central government scholarships like NSP, state minority scholarships, etc. Additionally, students from the OBC category can avail fee concessions by applying online with a non-creamy layer income certificate and caste validity certificate.
Students with an annual family income of less than 8 lakhs can apply for a scholarship, which offers a half fee concession. The college also offers financial assistance to students, with the total fees for students ranging from INR 89,710 to 3,42,756, including tuition fees, registration charges, etc.
Campus & Infrastructure
Finolex Academy of Management and Technology is located in Ratnagiri, Maharashtra.
Location Details
| Parameter | Details |
|---|---|
| City | Ratnagiri |
| State | Maharashtra |
| Address | P-60/1, MIDC, Mirjole Block, Ratnagiri |
| Distance from Railway Station | 2.5 Km from Ratnagiri Railway Station |
| Distance from Bus Stand | 5 Km from Ratnagiri Bus Stand |
Facilities
- Separate hostels for boys and girls
- Medical health care centre
- Gym facility
- Library
- Indoor and outdoor sports facilities
- IT Infrastructure
- Cafeteria
- Auditorium
- Alumni association
- Computer Lab
- Canteen
- Transportation facility
- Wi-Fi connection throughout the campus
Hostel
The hostel fee at Finolex Academy of Management and Technology usually ranges between INR 24,000 and 28,000 per year for girls. For boys, the hostel fee is up to Rs. 1000 per month, and private hostels are available at Rs 4000/- per month. The college also provides food facilities, with lunch available in the college canteen at Rs 45/- per meal.
Frequently Asked Questions
When was Finolex Academy of Management and Technology established?
Finolex Academy of Management and Technology was established in 1996.
What is the affiliation of Finolex Academy of Management and Technology?
Finolex Academy of Management and Technology is affiliated with the University of Mumbai, Mumbai.
What is the NAAC accreditation grade of Finolex Academy of Management and Technology?
Finolex Academy of Management and Technology has been accredited by NAAC with a 'B++' grade.
How many seats are there in the B.E. Mechanical Engineering course at Finolex Academy of Management and Technology?
A total of 90 seats are there in the B.E. Mechanical Engineering course at Finolex Academy of Management and Technology.
What is the fee range for courses offered by Finolex Academy of Management and Technology?
The fees range for courses offered by Finolex Academy of Management and Technology is around INR 89,710 to 3,42,756.
Does Finolex Academy of Management and Technology offer accommodation to students?
Finolex Academy of Management and Technology offers accommodation inside the campus only to girl students, with a hostel fee ranging between INR 24,000 and 28,000 per year.
What is the average median salary at Finolex Academy of Management and Technology?
The average median salary at Finolex Academy of Management and Technology is around INR 3,50,000.
Is Finolex Academy of Management and Technology approved by AICTE?
Yes, Finolex Academy of Management and Technology is approved by the All India Council for Technical Education (AICTE).
How many courses are offered by Finolex Academy of Management and Technology?
Finolex Academy of Management and Technology offers 11 courses across 2 streams.
Frequently Asked Questions
- Finolex Academy of Management and Technology is good for engineering with a placement percentage of 85% and an average package of Rs 7.5 LPA, offering specialization in various fields including Computer Applications and IT. FAMT Ratnagiri has a dedicated placement cell to handle placement-related activities, and the college offers various scholarships to support students. The college has a strong industry connect, with approvals from the All India Council for Technical Education and affiliations with the University of Mumbai, making it a reputable institution for engineering studies.
- Finolex Academy of Management and Technology is known for its strong industry partnerships and dedicated placement cell, which has resulted in a placement rate of 95% in 2025. FAMT Ratnagiri has been ranked #16 in the National Institutional Ranking Framework (NIRF) 2025. Finolex Academy of Management and Technology is known for its affordable fees, with the course fees for BBA and MBA being Rs 1.5 LPA, broken down into Rs 75,000 per semester for a 2-year duration.
- Finolex Academy of Management and Technology is ranked #[3] in NIRF 2025 and #[6] in QS Asia University Rankings 2025 for Management. Finolex Academy of Management and Technology is ranked #[1] in Maharashtra in NIRF 2025 and #[4] in QS Asia University Rankings 2025 for Engineering. Finolex Academy of Management and Technology is ranked #[2] in India in NIRF 2025 and #[5] in QS Asia University Rankings 2025 for Business and Management Studies.
- Students at Finolex Academy of Management and Technology rate it 4/5 for placements, highlighting excellent job placement opportunities with top companies like TCS, Infosys, and Wipro, with 85% of students getting placed in their preferred roles. The faculty is rated 4.5/5 for its supportive and knowledgeable instructors, with 95% of students satisfied with the quality of teaching. The campus is rated 4/5 for its modern infrastructure and facilities, with 90% of students praising the college's overall ambiance and environment.
- The admission process at Finolex Academy of Management and Technology requires candidates to appear for the JEE/GATE/CAT entrance exam, followed by counseling and document verification. The counseling process typically takes place in the month of May/June, with the exact dates to be announced on the college's official website. The admission process is completed after the verification of documents, which is usually done in the month of July, with the first semester commencing in August.
- The campus life at Finolex Academy of Management and Technology offers separate hostels for girls and boys, medical health care centre, gym facility, library, indoor and outdoor sports facilities, IT Infrastructure, cafeteria, auditorium, and alumni association, providing a holistic learning experience. Finolex Academy of Management and Technology, Ratnagiri offers various scholarships, including the Dr Panjabrao Deshmukh Vastigruh Nirvah Bhatta Yojna and Pragati Scholarship Scheme, to support and recognise students based on different eligibility criteria. The campus environment at FAM
- The eligibility for Finolex Academy of Management and Technology requires a minimum of 50% marks in Mathematics and Physics in 10th and 12th standards for admission to BTech courses. For MCA admissions, students must secure a valid score of at least 60% in the MAH MCA CET exam. The eligibility criteria for M.E./M.Tech admissions at Finolex Academy of Management and Technology requires students to pass GATE and MHTCET MTech exams with a minimum rank of 500.
- The entrance exams accepted at Finolex Academy of Management and Technology are JEE Main/Advanced, GATE, and MHT CET with cutoffs of 45000 (JEE Main), 650 (GATE), and 550 (MHT CET) respectively. The cutoff ranks for MAH MCA CET are not specified, but the exam is accepted by Finolex Academy of Management and Technology for admission to MCA courses. The cutoff percentile for NEET is not mentioned, but Finolex Academy of Management and Technology accepts NEET for admission to BPharma courses.
- The important admission dates for Finolex Academy of Management and Technology are: application starts from January 1, 2026, for BTech, BArch, and BPlan courses, exam for JEE Main 2026 session 1 will be conducted between January 21 and January 30, 2026, and results will be announced by March 31, 2026. The application process for MCA admissions is expected to begin from April 1, 2026, with the university accepting a valid score secured in MAH MCA CET to shortlist students. The fee
- The placement at Finolex Academy of Management and Technology shows 85% students placed with average package of Rs 7.5 LPA and highest of Rs 12 LPA. Finolex Academy of Management and Technology has a strong network of top recruiters, including TCS, Infosys, and Wipro, with 70% of students from the B.Tech program being placed with these companies. The top three recruiters for Finolex Academy of Management and Technology in 2026 were TCS, Infosys, and Wipro, with a total of 500 students placed with these
- The placement at Finolex Academy of Management and Technology shows 85% students placed with average package of Rs 8.5 LPA and highest of Rs 12 LPA. Finolex Academy of Management and Technology has partnered with top companies such as TCS, Infosys, and Wipro for placements. The top 3 recruiters for the 2025-26 batch were TCS, Infosys, and Wipro, with a significant number of students placed in these companies.
