Fr. Agnel Business School (FABS), also known as Fr. C. Rodrigues Institute of Management Studies (FCRIMS), is a private management institute established in 2001 in Vashi, Navi Mumbai, Maharashtra. The institute operates under the Agnel Ashram Educational Trust and is affiliated with the University of Mumbai. It is approved by AICTE and accredited by NAAC.
FABS offers the Master of Management Studies (MMS) program at the postgraduate level. Admission to the program is conducted through the Centralized Admission Process (CAP) of Maharashtra State based on MAH MBA CET and other management exams scores. Candidates must possess a bachelor's degree from a recognized university and meet the eligibility criteria prescribed by the Directorate of Technical Education (DTE), Maharashtra.
Fr. Agnel Business School placements 2025 recorded a highest CTC of INR 10 LPA and an average CTC of INR 5.30 LPA, with an 86% placement rate. Top recruiters included IDBI, Neu IQ, SS&C Technologies (Financial Technology), BusinessNext (Business Solutions), and Navtor (Maritime Technology), offering roles across banking, fintech, analytics, and enterprise solutions.
Admissions are open for the MMS 2026 batch at Fr. Agnel Business School, Navi Mumbai.
Apply here: Admission 2026 Application Form
- Fr. Agnel Business School Courses and Fees 2026
- Fr. Agnel Business School Admission 2026
- Fr. Agnel Business School Admission Process 2026
- Fr. Agnel Business School Cutoff
- Fr. Agnel Business School Placement
- FCRIMS vs SIESCOMS vs NL Dalmia
- Fr. Agnel Business School Campus & Facilities
- Fr. Agnel Business School Faculty
- Fr. Agnel Business School FAQs
Fr. Agnel Business School Courses and Fees 2026
MS program is the institute's flagship course and has a fee of approximately INR 2.33 Lakhs per year. The table below presents the latest FCRIMS courses and fees 2026 details for the MMS program.
| Course | Total Fees |
|---|---|
| MMS | INR 4.16 Lakhs |
Fr. Agnel Business School Admission 2026
Fr. Agnel Business School offers admission to its MMS program based on valid entrance exam scores and the Maharashtra CAP counselling process. Candidates must meet the prescribed eligibility criteria and participate in the admission process as per DTE Maharashtra guidelines.
MMS Eligibility Criteria 2026
Candidates seeking admission to the MMS program must fulfill the following eligibility requirements:
- Must be an Indian citizen.
- Must hold a Bachelor's degree of at least 3 years' duration from a recognized university.
- Minimum 50% aggregate marks in graduation (45% for Maharashtra State Reserved Category, EWS, and PwD candidates).
- Maharashtra State candidates must obtain a non-zero score in MAH MBA/MMS CET.
- All India candidates can apply with a valid non-zero score in any one of the following entrance exams:
- MAH MBA/MMS CET
- CAT
- CMAT
- XAT
- ATMA
- MAT
- GMAT
MMS Admission & Selection Criteria
- Admissions are primarily conducted through the Maharashtra CAP (Centralized Admission Process).
- Candidates are shortlisted based on their entrance exam scores and merit rank.
- Institutional Quota and vacant CAP seats are filled after the completion of CAP rounds.
- Admissions under Institutional Quota are granted strictly on the basis of Inter-Se Merit prepared from eligible applicants.
- The institute verifies documents and publishes the merit list on its website and notice board before allotment.
- Preference is given to Maharashtra State candidates over All India candidates while filling vacant seats.
- If seats remain vacant after considering Maharashtra and All India candidates, eligible NRI, OCI, PIO, Foreign National, and CIWGC candidates may be considered, subject to regulatory approvals.
- Candidates who are unable to apply directly to the institute for Institutional Quota or vacant seats may submit their application through the Maharashtra State CET Cell portal until the final CAP Round allotment date. Such applications are forwarded to the institute and considered while preparing the Inter-Se Merit List.
MMS Lateral Entry Eligibility Criteria
Candidates seeking direct second-year (lateral entry) admission to the MMS program must fulfill the following eligibility requirements:
- Must be a citizen of India.
- Must have completed a B.E. / B.Tech. degree from a recognized university or institution.
- Candidates who have completed a 4-year BBA or BMS program are also eligible to apply.
- Must satisfy any additional eligibility requirements or admission guidelines prescribed by the Maharashtra State CET Cell and the competent authorities from time to time.
- Admission is subject to document verification and fulfillment of all applicable admission norms.
Fr. Agnel Business School Admission Process 2026
FCRIMS offers MMS admission through two routes: CAP Admission and Institutional Quota/Vacant Seat Admission.
CAP Admission Process
- Step 1: Register through Maharashtra CET Cell
Candidates must register on the Maharashtra State CET Cell portal and complete document verification.
- Step 2: Participate in CAP Counselling
Eligible candidates must participate in the Centralized Admission Process (CAP) and fill their college preferences.
- Step 3: Seat Allotment
Seats are allotted based on entrance exam score, merit rank, reservation norms, candidate preferences, and seat availability.
- Step 4: Confirm Admission
Candidates allotted FCRIMS through CAP must report to the institute, verify documents, and pay the prescribed fees to secure admission.
Institutional Quota & Vacant Seat Admission Process
Candidates who are not allotted a seat through CAP or wish to apply under the Institutional Quota can participate in the institute-level admission process, subject to eligibility and seat availability.
- Step 1: Check Vacancy Notification
The institute publishes the admission schedule, number of available Institutional Quota seats, vacant CAP seats, and admission guidelines on its official website after the CAP rounds.
- Step 2: Submit Application to the Institute
Eligible candidates must apply directly to the institute for admission under the Institutional Quota or against vacant seats. Candidates can application through the official admission portal: FCRIMS MMS Admission
- Step 3: Alternative Application through CET Cell
Candidates who are unable to submit their application directly to the institute may apply through the Maharashtra CET Cell portal until the final CAP Round allotment date. Such applications are forwarded to the institute after the completion of CAP counselling and are considered for admission.
- Step 4: Document Verification
The institute verifies the eligibility, entrance exam scores, and supporting documents submitted by applicants.
- Step 5: Preparation of Inter-Se Merit List
After document verification, the institute prepares and publishes the Inter-Se Merit List for Institutional Quota seats, vacant CAP seats, and approved supernumerary categories on its website and notice board.
- Step 6: Seat Allotment Based on Merit
Admissions are granted strictly according to the Inter-Se Merit List. Preference is given to Maharashtra State candidates over All India candidates while filling vacant seats.
- Step 7: Filling of Remaining Vacancies
If category-specific CAP seats remain vacant after the counselling rounds, they are first offered to eligible candidates from the same category. Any remaining vacancies are then filled based on the Inter-Se Merit of applicants.
- Step 8: Admission Confirmation
Selected candidates must complete the admission formalities, submit the required documents, and pay the prescribed fees within the stipulated deadline.
- Step 9: Online Admission Updates
All admissions, cancellations, and vacancy updates are uploaded by the institute through the prescribed online admission system as per Maharashtra CET Cell regulations.
NOTE - Students facing any difficulty during the admission process or seeking guidance regarding eligibility, applications, counselling, seat allotment, or document submission can submit an enquiry through the official FCRIMS MMS Admission Enquiry Form.
Fr. Agnel Business School Cutoff
Admission to the MMS program at FCRIMS is based on MAH MBA CET scores followed by the Maharashtra CAP counselling process. The institute witnessed a notable change in cutoff trends, with the closing percentile decreasing from 92.01 in 2024 to 2.71 in 2025, indicating a significantly lower admission threshold compared to the previous year. MAH MBA CET Cutoff 2025 for AI tabulated below.
| Course | Closing Percentile 2025 | Closing Percentile 2024 |
|---|---|---|
| MMS (Management Studies) | 2.71 | 92.01 |
Fr. Agnel Business School Placement
Some of the highlights of FCRIMS Placement 2025 tabulated below.
| Particulars | Details |
|---|---|
| Highest CTC | INR 10 LPA |
| Average CTC | INR 5.30 LPA |
| Median CTC | INR 6 LPA |
| Students Placed | 86% |
Company-wise Placement Offers
| Company | Package Offered |
|---|---|
| Jaro Education | INR 14 LPA |
| Cap Structure Company | INR 12 LPA |
| Morgan Stanley | INR 8 LPA |
| Neu IQ | INR 7.5 LPA |
| Aptech | INR 7.5 LPA |
| IDBI Bank | INR 6.5 LPA |
| Sumeet Infra Solutions | INR 6 LPA |
| Navtor | INR 6 LPA |
| Go Apptiv | INR 6 LPA |
| BusinessNext | INR 5.20 LPA |
| SS&C Technologies | INR 5 LPA |
Top Recruiters
| Recruiter | Sector |
|---|---|
| Jaro Education | EdTech |
| Cap Structure Company | Consulting & Business Services |
| Morgan Stanley | Banking & Financial Services |
| IDBI Bank | Banking |
| Neu IQ | Technology & Analytics |
| Aptech | Education & Training |
| SS&C Technologies | Financial Technology |
| BusinessNext | Business Solutions |
| Navtor | Maritime Technology |
| Go Apptiv | Technology |
| Sumeet Infra Solutions | Infrastructure |
FCRIMS vs SIESCOMS vs NL Dalmia
Students seeking MMS admission in the Mumbai region often compare FCRIMS with SIESCOMS and NL Dalmia. These institutes offer management programs through MAH MBA CET and other national-level entrance exams, but differ in terms of fees, placements, batch size, and overall ROI.
| Particulars | FCRIMS MMS | SIESCOMS MMS | NL Dalmia MBA |
|---|---|---|---|
| Location | Vashi, Navi Mumbai | Nerul, Navi Mumbai | Mira Road, Mumbai |
| College Type | Private | Private Autonomous | Private |
| Annual Intake | 60 Seats | 120 Seats | 360+ Seats |
| Total Fees | INR 4.16 Lakhs | INR 4.9 Lakhs | INR 16 Lakhs |
| Highest Package | INR 10 LPA | INR 17 LPA | INR 25 LPA+ |
| Average Package | INR 5.30 LPA | INR 8.76 LPA | INR 12–13 LPA |
| Placement Rate | 86% | 95%+ | 90%+ |
| Top Recruiters | TCS, HDFC Bank, ICICI Bank, Deloitte, Capgemini | Deloitte, EY, KPMG, PwC, Infosys | Deloitte, JP Morgan, ICICI Bank, HDFC Bank, Morgan Stanley |
| Best Suited For | Students seeking affordable MMS education and ROI | Students prioritizing placements and recruiter diversity | Students targeting finance and corporate careers |
Fr. Agnel Business School Campus & Facilities
FCRIMS is located within the Fr. Agnel Technical Education Complex in Vashi, Navi Mumbai. The institute offers modern academic infrastructure, technology-enabled classrooms, sports facilities, student amenities, and learning resources designed to support management education and overall student development.
Key Facilities at FCRIMS
- Air-conditioned classrooms equipped with LCD projectors, computers, whiteboards, and audio systems.
- Wi-Fi-enabled campus with a computer lab featuring software such as SPSS and Prowess for academic and research purposes.
- State-of-the-art seminar room with advanced acoustics and surround sound facilities for presentations, guest lectures, and events.
- Dedicated syndicate rooms that simulate corporate meeting environments and support group discussions, case studies, and teamwork activities.
- Resource Centre and library with thousands of books, journals, magazines, newspapers, e-books, and e-journal databases such as EBSCO, ProQuest, and McGraw Hill Express Library.
- Fully automated library services powered by KOHA software and digital access to academic resources.
- Sports facilities including basketball, football, and hockey grounds to encourage student participation in athletics and recreation.
- Well-equipped fitness centre with gymnasium, aerobics, sauna, and steam bath facilities.
- Separate hostel facilities for boys and girls with furnished rooms, reading rooms, TV rooms, and mess facilities.
- Dedicated management studies cafeteria offering snacks and refreshments within the campus.
- Additional student facilities include reading halls, multimedia resources, and access to digital learning platforms.

FCRIMS LIBRARY

FCRIMS GYM

FCRIMS SPORTS
Fr. Agnel Business School Faculty
Fr. Agnel Business School Navi Mumbai has faculty members from areas such as Human Resource Management, Operations, Marketing and Finance. Prof. Dr. Sujata Chincholkar is listed as the Director of the institute.
| Faculty Name | Designation / Department |
|---|---|
| Prof. Dr. Sujata Chincholkar | Director |
| Mrs. Neeta Krishna | Associate Professor, Human Resource Management |
| Dr. R. C. Walke | Professor, Operations |
| Dr. Manisha Karandikar | Associate Professor, Marketing |
| Mr. Prasad Menon | Assistant Professor, Marketing |
| Mrs. Aradhana Tiwari | Assistant Professor, Finance |
| Mrs. Bindal Totlani | Assistant Professor, Finance |
| Ms. Neeta Keswani | Assistant Professor |
Fr. Agnel Business School FAQs
Ques. Is FCRIMS MMS worth it in terms of ROI?
Ans. FCRIMS MMS can be a good ROI-driven choice for students seeking a management degree in the Mumbai Metropolitan Region without incurring the high costs associated with many private MBA colleges. With a total program fee of around INR 4.16 Lakhs, an average package of INR 5.30 LPA, a highest package of INR 10 LPA, and an 86% placement rate, the institute offers a reasonable return on investment. The smaller batch size of 60 students also allows for better faculty interaction and placement support. For students prioritizing affordability, industry exposure, and career opportunities over premium B-school branding, FCRIMS presents a balanced option.
Ques. Is attendance compulsory at FCRIMS MMS?
Ans. Yes, attendance is an important part of the MMS program at FCRIMS. Students are expected to comply with the attendance requirements prescribed by the institute and the University of Mumbai. Regular attendance is essential not only for academic compliance but also for participation in presentations, industry interactions, workshops, case studies, internal assessments, and placement-related activities. Students who maintain consistent attendance are generally better positioned to benefit from the practical and experiential learning opportunities offered during the program.
Ques. What is the campus life like at FCRIMS?
Ans. FCRIMS provides a well-rounded campus experience within the Fr. Agnel Educational Complex in Vashi, Navi Mumbai. The campus features air-conditioned classrooms, seminar halls, syndicate rooms, a resource-rich library, computer labs, sports facilities, a gymnasium, and student activity spaces. Students regularly participate in management events, competitions, industry interactions, cultural activities, and club initiatives. The relatively small MMS cohort fosters a close-knit learning environment where students can interact frequently with faculty members and peers.
Ques. What do students say about FCRIMS MMS?
Ans. Student feedback about FCRIMS MMS is generally positive, particularly regarding the institute's infrastructure, faculty support, and value-for-money proposition. Many students appreciate the approachable teaching staff, practical learning methods, and industry-oriented curriculum. Reviews also highlight the benefit of studying in Navi Mumbai, which provides access to internships and corporate interactions. While placement outcomes may not be at the level of top-tier management institutes, students often view the college favorably in relation to its fee structure and career opportunities.
Ques. Is FCRIMS MMS better than other MMS colleges in Mumbai?
Ans. The answer depends on a student's priorities and career goals. Compared with higher-ranked institutes such as SIMSREE or SIESCOMS, FCRIMS may have lower placement figures and brand recognition. However, it compensates with a more affordable fee structure, a smaller batch size, and a favorable ROI profile. Students seeking a cost-effective management education with decent placement support and access to the Mumbai job market may find FCRIMS a suitable option among MMS colleges in the region.

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