Finolex Academy of Management & Technology (FAMT), Ratnagiri : Admission Process for DSE 2026
- hardikjaincs
- 4 days ago
- 4 min read
Nestled in the serene coastal town of Ratnagiri, the Finolex Academy of Management & Technology (FAMT) stands as a beacon of academic excellence in the Konkan region. Established in 1996 by the Late Shri Pralhad P. Chhabria, the founder of the Hope Foundation and Finolex Group, the academy has transformed from a visionary idea into one of Maharashtra’s premier engineering institutions.
With its sprawling green campus and state-of-the-art infrastructure, FAMT offers a unique blend of technical rigor and holistic development. In this comprehensive guide, we delve into the academy's placement success, Return on Investment (ROI), and the specific pathways for Direct Second Year (DSE) admissions.
1. Overview of Finolex Academy of Management & Technology Ratnagiri
FAMT is affiliated with the University of Mumbai and approved by the AICTE. It has consistently secured top rankings, including being ranked 60th among private engineering institutes in India by Outlook-ICARE (2025) and 39th at the Maharashtra state level by Times Engineering Ranking.
The academy offers a variety of undergraduate and postgraduate programs:
B.E./B.Tech: Mechanical, Electrical, Information Technology, Chemical, Electronics & Telecommunication, and CSE (Artificial Intelligence & Machine Learning).
Postgraduate: Master of Computer Applications (MCA).
2. Placement Performance: A Three-Year Analysis
Placement is the ultimate metric for any engineering college. FAMT has maintained a robust Training and Placement (T&P) cell that bridge the gap between classroom learning and industry requirements.
Placement Ratio and Statistics (Last 3 Years)
The academy has shown resilience in its placement numbers despite fluctuating market conditions.
Academic Year | Placement Percentage (UG) | Median Salary (LPA) | Highest Package (LPA) |
2024-25 (Ongoing) | ~70% (projected) | ₹4.00 | ₹9.00 - ₹10.00 |
2023-24 | 79.78% | ₹4.00 | ₹7.00 |
2022-23 | 82.00% | ₹3.00 | ₹7.00 |
Insight: While the volume of placements saw a slight dip in 2023-24 due to global tech trends, the Median Salary actually saw a significant 25% increase, reflecting the higher quality of roles being offered to FAMT students.
Top Recruiting Companies
FAMT graduates are hired by some of the biggest names in the IT and Core Engineering sectors:
IT Sector: TCS, Infosys, Capgemini, Wipro, Cognizant, Hexaware, LTIMindtree.
Core Engineering: Finolex Industries, Reliance Industries, Vinati Organics, Tecnimont, JSW Steel, Cummins.
Niche Tech: Qspiders, Benchmark IT Solutions, Clover Infotech.
3. Return on Investment (ROI) Analysis
ROI is calculated by comparing the average annual fee against the median placement package. At FAMT, the fee structure is regulated by the Fees Regulating Authority (FRA), making it one of the most affordable private options in Maharashtra.
Annual ROI Breakdown
Average Annual Fee: Approximately ₹85,000 - ₹95,000 (varies by category).
Median Salary (2024): ₹4,00,000.
ROI Factor: The median starting salary is nearly 4.2x the annual tuition fee, indicating an excellent return on investment for students, especially those from the Konkan belt.
4. How to Get Admission for DSE (Direct Second Year)
Direct Second Year (DSE) admission is a golden opportunity for Diploma holders to jump directly into the second year of a B.E./B.Tech degree.
Eligibility Criteria
Nationality: Must be an Indian National.
Educational Qualification: Passed a Diploma in Engineering and Technology with at least 45% marks (40% for reserved categories/EWS from Maharashtra State).
Alternative: B.Sc. degree holders with Mathematics at 10+2 level are also eligible.
Admission Process (Step-by-Step)
Registration: Register on the official MahaCET portal for DSE admissions.
Document Verification: Opt for E-Scrutiny or Physical Scrutiny to verify your documents (Diploma marksheets, Leaving Certificate, etc.).
Merit List: Once the Provisional and Final Merit Lists are released, check your rank.
Option Entry (CAP Rounds): Fill in your college preferences. Use the FAMT Choice Codes (e.g., 320061210 for Mechanical).
Seat Allotment: If allotted FAMT, you must "Freeze" the seat and pay the seat acceptance fee online.
Reporting: Visit the FAMT campus in Ratnagiri to confirm admission and pay the balance fees.
FAQs
Q1: Does FAMT provide hostel facilities?
Yes, FAMT provides separate hostel facilities for boys and girls located near the Finolex Industries Housing Colony.
Q2: Are there scholarships for DSE students?
Students admitted through the CAP rounds are eligible for all Government of Maharashtra scholarships (EBC, SC/ST/OBC concessions). However, "Against Vacancy" or Management seats may not qualify for these.
Q3: What is the "Against Vacancy" round?
If seats remain vacant after the final CAP round, FAMT conducts an "Against Vacancy" round at the institute level based on merit.
Q4: Which is the most popular branch at FAMT?
Currently, Computer Science (AI & ML) and Information Technology are highly sought after due to high placement rates, followed by Mechanical and Electrical Engineering.
Others:
Ready to start your engineering journey in the heart of Konkan? Click here to explore the FAMT Official Website and stay updated on the latest DSE Admission Notifications.
Conclusion :
Finolex Academy of Management & Technology remains a top-tier choice for students seeking quality technical education without the exorbitant costs of metropolitan cities. With a rising median salary and a commitment to student welfare, it is a gateway to a successful engineering career.
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