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Back to Technology Management Universities
Finolex Academy of Management & Technology
Technology ManagementTechnology & ManagementMaharashtra
Location:

Ratnagiri, Maharashtra, India, Maharashtra

Type:

Technology & Management

Phone:

28436/28361

Email:

famrtn@bom6.vsnl.net.in

Visit Official Website
About Finolex Academy of Management & Technology

Overview

Finolex Academy of Management & Technology (FAMT), commonly known as FAMT Ratnagiri, is a reputed engineering college located in Ratnagiri, Maharashtra, India.

  • Type: Private Engineering College affiliated to Savitribai Phule Pune University (SPPU)
  • Year Established: 1983
  • Campus: Ratnagiri, Maharashtra
  • Approvals & Affiliations: Approved by the All India Council for Technical Education (AICTE); Affiliated to Savitribai Phule Pune University; Accredited by NAAC with ‘A’ Grade in 2019
  • Official Website: https://www.famt.ac.in

Quick Facts

  • Founder: Dr. N.S. Lawate
  • Principal: Dr. V.R. Agrawal (as of 2024)
  • Student Population: Approx. 3000+
  • Departments: 8+ engineering and management departments
  • Contact: Phone: +91 2352 265100, Email: principal@famt.ac.in, Address: Finolex Academy of Management & Technology, Ratnagiri, Maharashtra 415639
  • NAAC Grade: A (CGPA 3.12) – 2019 (Source)
  • Notable Rankings: Not listed in recent NIRF rankings as of 2024

Courses & Programs

  • Faculty of Engineering:
    • Bachelor of Engineering (B.E.) - Mechanical, Electrical, Civil, Electronics & Telecommunication, Computer Science, Electronics (Instrumentation) – Duration: 4 years (Regular)
    • Master of Engineering (M.E.) - Electronics, Computer Science & Engineering, Mechanical Design – Duration: 2 years (Regular)
    • PhD programs available in collaboration with the university - Duration: 3+ years
  • Management Faculty:
    • MBA (Master of Business Administration) – Duration: 2 years (Regular)

Admissions

  • Admission Modes: Merit-based as per Maharashtra State CAP (Centralized Admission Process), management quota also available.
  • Accepted Entrance Exams: Maharashtra CET (MHT-CET) for B.E., GATE for M.E., MAH-MBA CET for MBA
  • Typical Admission Timeline: Admissions for B.E. start around May-July annually after results of MHT-CET; MBA admissions July-August. Check Official Admissions Page for updates.
  • Application Process:
    1. Visit the official admissions portal.
    2. Fill out the online application form for the respective program.
    3. Upload required documents (marksheets, entrance exam scorecard).
    4. Submit application fee online.
    5. Wait for CAP rounds seat allotment or management quota confirmation.
    6. Confirm admission with document verification and fee payment.

    Offline application submission is rarely practiced; prefer online mode.

Eligibility Criteria

  • B.E. Programs: Passed HSC with Physics, Mathematics, and Chemistry; minimum 45% marks for reserved categories; valid MHT-CET score.
  • M.E. Programs: B.E./B.Tech degree in relevant discipline with minimum 50% marks; valid GATE score or university entrance test.
  • MBA Program: Graduates with minimum 50% marks; valid MAH MBA CET score.
  • Documents Required:
    • Mark sheets & certificates (SSC, HSC, graduation)
    • Entrance exam scorecard
    • Caste/category certificate (if applicable)
    • Domicile certificate (for state reservations)
    • Photo ID proof
    • Passport size photographs

Fee Structure & Scholarships

  • Indicative Fees:
    • B.E. Tuition Fees: Approx. ₹1.4 - 1.7 Lakhs per year
    • M.E. Tuition Fees: Approx. ₹60,000 to ₹80,000 per year
    • MBA Tuition Fees: Around ₹1.2 - 1.5 Lakhs per year
    • Additional Fees: Hostel fees approx. ₹50,000 per annum; exam and other fees extra
  • Scholarships:
    • State government scholarships for SC/ST/OBC/EWS categories
    • Central government scholarships like Post Matric Scholarship
    • Institute merit-based scholarships (details on official scholarships page)

Placements & Career Outcomes

  • Placement Highlights: Approx. 80% placement rate in recent years
  • Average CTC: ₹3.5 to ₹6 LPA
  • Top Recruiters: Infosys, TCS, L&T, Reliance, Finolex Industries, Persistent Systems, etc.
  • Placement Cell: Placement Cell with dedicated internship and career development support
  • Internships: Strong industry linkage for summer internships and projects

Campus & Facilities

  • Hostels: Separate accommodation for boys and girls with mess facility
  • Sports: Grounds and indoor sports facilities for cricket, volleyball, badminton, etc.
  • Labs & Libraries: Well-equipped laboratories and digital library with extensive resources
  • Healthcare: On-campus medical facilities and tie-ups with local hospitals
  • Transport: College buses connecting major city points
  • Wi-Fi: Campus-wide high-speed internet access
  • Research Centres: Focus on technology innovations and industrial collaborations
  • Student Clubs & Festivals: Technical, cultural clubs and annual festivals like 'TechnoSparks'

Faculty & Research

  • Notable Faculty: Experienced professors with PhDs and notable publications
  • Research Centres: Focus on applied engineering research, funded projects from government agencies
  • MoUs: Partnerships with industries and academic institutions for joint research and training programs
  • Patents: Some faculty and students have filed patents; details available on request

Rankings & Reputation

  • NAAC Accreditation: Grade A (CGPA 3.12) in 2019 (Source)
  • NIRF Rankings: Not featured in the recent NIRF Engineering or University rankings as of 2024
  • Other Rankings: No official QS India or India Today rankings found as of 2024

Results, Cut-Offs & Seat Matrix

  • Results & Seat Allotments: Published through Maharashtra State CAP rounds website: https://fe2023.mahacet.org
  • Typical MHT-CET Cut-Offs (General Category, B.E.): Around 90-110 marks for core branches; reserved categories have relaxed cut-offs
  • Seat Matrix: Approx. 420 seats in B.E. programs; details on admissions brochure

How to Reach

  • Nearest Airport: Ratnagiri Airport (~20 km)
  • Nearest Railway Station: Ratnagiri Railway Station (~15 km)
  • City Connectivity: Regular buses and taxis connect Ratnagiri city and college campus
  • Local Transit: State transport buses, auto-rickshaws, and private cabs available

FAQs

Q1: Is Finolex Academy of Management & Technology accredited?
A1: Yes, it holds NAAC Grade A accreditation since 2019 and AICTE approval.
Q2: What entrance exams are accepted for engineering admissions?
A2: Maharashtra CET (MHT-CET) is primarily accepted for undergraduate engineering courses.
Q3: Does FAMT provide scholarships?
A3: Yes, scholarships for reserved categories and merit-based aid are available. Please check the official scholarships page.
Q4: Is hostel facility available on campus?
A4: Yes, separate hostels for boys and girls with mess facilities are available.
Q5: How can I apply for a course at FAMT?
A5: Apply online via the official admissions portal during the admission cycle.
Q6: What is the average placement salary?
A6: The average CTC ranges between ₹3.5 to ₹6 LPA depending on the branch.
Q7: Are PhD programs offered at Finolex Academy?
A7: Yes, PhD programs are offered in engineering disciplines in affiliation with Pune University.
Q8: Who should I contact for admission queries?
A8: Contact the admissions office via principal@famt.ac.in or call +91 2352 265100.
Q9: What is the fee structure for B.E. courses?
A9: Tuition fees range approximately from ₹1.4 to 1.7 Lakhs per year, exclusive of hostel and other fees.
Q10: How is the campus connectivity to Ratnagiri city?
A10: The campus is well connected by buses and taxis with Ratnagiri city, about 15-20 km away.
About Finolex Academy of Management & Technology

Finolex Academy of Management & Technology

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