SJMSOM- IIT Bombay conducts education and research in Leadership, Economics, Entrepreneurship, Organizational Behavior, Technology Management, Finance, Operations, Marketing, Strategy and other areas of management. The school offers a full-time degree course (Master of Business Administration), doctoral course and Management Development Programs (MDP) for company representatives. The school offers short-term programs in various areas of management for the faculty of technical and management institutions during summer and winter seasons. These courses are usually sponsored by organizations such as AICTE, ISTE and DSIR.
Shailesh J. Mehta School of Management, IIT Bombay extends consulting facilities to organizations with a view to help address management issues. Both the faculty and students participate in these projects. Organizations for which the school carried out consultancy projects include ICICI, The World Bank, Indian Oil Corporation, Indian Tube Manufacturers Pvt Ltd, Geologistics India Ltd, Tata Auto Plastics, Pawan Hans Helicopters Ltd, Kirloskar Institute of Advanced Management Studies, ICRA, etc. The school also undertakes sponsored Research & Development projects from industrial and other organizations in various areas of Management and Policy-making.