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Rensselaer Polytechnic Institute, Lally School of Management & Technology Full Time MBA

As the business school at Rensselaer Polytechnic Institute, the Lally School of Management & Technology develops aspiring business leaders who have a passion for innovation with the ability to work across business functions. Our programs prepare students to be successful, thoughtful contributors in the global marketplace of the 21st century. The many interdisciplinary resources and highly recognized international faculty at Rensselaer allow our students to learn, network, and position themselves to capitalize on the business opportunities of tomorrow.

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Rensselaer Polytechnic Institute, Lally School of Management & Technology Full Time MBA's Full Profile

Program at a Glance

Program Type Full Time
Total Program Enrollment 24
Tuition (Total) $70,625
Average Starting Salary $68,875

Program Information

Rensselaer Polytechnic Institute Lally School of Management and Technology Says

As the business school at Rensselaer Polytechnic Institute, the Lally School of Management & Technology develops aspiring business leaders who have a passion for innovation with the ability to work across business functions. Our programs prepare students to be successful, thoughtful contributors in the global marketplace of the 21st century. The many interdisciplinary resources and highly recognized international faculty at Rensselaer allow our students to learn, network, and position themselves to capitalize on the business opportunities of tomorrow.

Specializations Offered: Entrepreneurship, Finance, General Management, Information Systems / Information Technology, International Business, Management Information Systems, Marketing, Self Designed Study, Supply Chain Management, Technology
Degrees Awarded: MBA, Full Time.

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Rankings

Rankings

School Rankings

The Princeton Review

N/A Best Business Schools (Northeast)

Admissions

Admissions

Application Information

  • Acceptance Rate: 64% accepted out of 199 applicants
  • Average Age Admitted: 27
  • Average Incoming GPA: 3.22
  • Average Incoming GMAT: 647
  • Average Years Work Experience: 5
  • In State Application Fee: $75

Admission Considerations

Very Important: Personal Essay, Standardized Test Scores

Important: Recommendations, Undergraduate GPA

Admission Requirements

Required: Extracurricular Activities, Undergraduate GPA, Personal Essay, Standardized Test Scores, Work Experience, Recommendations

Admission Information

To apply to Lally's graduate business programs, students must submit a completed application form, two personal essays, standardized scores, undergraduate transcripts, two letters of recommendation, and, if applicable, TOEFL scores. Candidates are also required to schedule an interview with the admissions department. The school accepts both the GMA...To apply to Lally's graduate business programs, students must submit a completed application form, two personal essays, standardized scores, undergraduate transcripts, two letters of recommendation, and, if applicable, TOEFL scores. Candidates are also required to schedule an interview with the admissions department. The school accepts both the GMAT and the GRE. A recent incoming class had a mean GMAT score of 628 and an average undergraduate GPA of 3.2, and more than 70 percent majored in a technical field as an undergraduate.

The Princeton Review

Important Dates

Round 1
October

15

Deadline
August

25

Start
Round 2
January

1

Deadline
August

25

Start
Round 3
March

15

Deadline
August

25

Start

Program Outcomes

Program Outcomes

Top Employers Of Graduates From This Program Include: Deloitte Consulting, Proctor & Gamble, GE, TIAA-CREF, Bank of America

Industry Percent Employed Median Starting Salary
Other 26% $55,000
Technology 20% $79,333
Manufacturing 20% $66,000
Financial Services 20% $60,000

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 162
Percent International Students 69%
Total Full-Time Faculty 54
Full-Time Faculty 83%

Student Life

The full-time MBA program at Lally comprises “roughly 15 hours per week in class,” plus another 20–25 hours per week doing homework, projects, and readings. Stimulated by the team-oriented curriculum, “Study groups emerge between students, and project teams learn to work with each other and spend time together outside of the classroom.” Beyond academics, students also might get together for mingling and career development oppor­tunities. In particular, “The Graduate Management Student Association does a great job organizing social and networking events.” The MBA program is targeted at those with work experience. For those coming direct from RPI or other undergraduate programs, there is an International Scholars Program that includes visits to several companies in Rome and Shanghai as part of the Global Enterprise Management Concentration. It is easy to participate in the multitude of activities on the larger Rensselaer campus. For example, a current MBA candidate tells us, “I am involved in multiple performing arts groups, including Sheer Idiocy, the improvisational comedy troupe; WRPI, the college radio station; and The Players, the traditional theater organiza­tion. I am also the Student Outreach Coordinator for the Admissions Office.” Not every­one, however, gets so involved in campus life. At Lally, “Some students are detached from the program, but others are very engaged and make the experience very good.”

Student Testimonial

The Lally School has brought together management and technology in a way that allows students to turn innovation into commercialization. The Lally difference is its all encompassing commitment to innovation in business; it is that very commitment that separates the Lally School from all other MBA programs. And it's not simply a matter of a single course. It's the program's unique focus and approach to "innovation" that makes this program distinct from all others.

The Princeton Review

Career

Lally’s Career Services Team manages a comprehensive suite of workshops, profession­al development tools, and a portfolio of employment opportunities. The Career Team also oversees employer information sessions, MBA career panels, and trips to New York City and Boston to meet with alumni and provide career shadowing opportunities. Lally has a strong reputation in the local region, and students find that the “alumni [were] extremely helpful during my career search!” Companies that have recently recruited at Lally include Accenture, American Express, Albany Molecular Research Corporation, Bank of America, Blue Slate Solutions, Boeing, Citigroup, Clorox, Deloitte, ECG Consulting Group, Foster Miller, General Electric, Honeywell, IBM, Microsoft, Mimeo.com, Phillips, Proctor & Gamble, United Technologies, and Xerox. More than 40 percent of graduates stay in the Northeast region.

The Princeton Review

About

The Lally School of Management and Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute. Building on Rensselaer's heritage of more than 175 years of leadership in science and engineering, the Lally School develops technologically-savvy, entrepreneurial business leaders who can initiate and guide innovation for commercial success. All programs enable the next generation of business leaders to combine their passion for technology with the management ability to succeed in today's challenging global marketplace.

The Princeton Review

Students Say

Rensselaer Polytechnic Institute’s Lally School of Management and Technology offers numerous graduate business programs with a strong focus on technology and close ties to the Northeast business community. For hard-working students, Lally’s MBA is fast-paced and efficient: taking a full course load, required credit hours can be completed in a mere 12 months. Those who want to tailor their degree or make a career change can pursue a spe­cialization module in addition to core courses, but they’ll still have a diploma within 17 to 24 months. (Currently, the school offers optional specializations in entrepreneurship, finance, information systems, marketing, and new product development, business analyt­ics, supply chain management, and global enterprise management.) For local profession­als, Lally also offers a flexible full-time MBA. In addition, the school operates numerous master’s programs in related business fields, such as an MS in financial engineering and risk analytics, and an MS in Technology Commercialization and Entrepreneurship. These specialized programs “raise the level of the MBA program by exposing MBA students to other advanced disciplines and specializations so that MBA students, upon graduation, are already familiar with working with field specialists such as financial engineers.”While the delivery format differs, MBA programs at Lally comprise 45 credit hours of coursework, with the option of extending the degree to 60 credits. The core curriculum takes a cross-disciplinary approach to business, and several courses are taught by teams of professors from different disciplines. As students point out, Rensselaer is a “world-class research institution,” and the MBA program draws on the school’s historic strength in tech­nology and applied science. Here, students benefit from a “very good mix of technology management classes with traditional finance, marketing, and operations management classes.” Business issues in fields like information technology or nanotechnology are often discussed in the classroom, and “many of the MBA students are working on commercial­izing technologies.” A student elaborates, “The greatest strength of RPI is the interdiscipli­nary nature of all of the degree programs. For the Lally School specifically, its strength is the integration of technology into the classroom, preparing students to work in the high-tech 21st century workplace.” “The faculty is fantastic” at Rensselaer, and “small class sizes help [students] take advan­tage of their experience and research.” While “Professors and classes get an A-plus,” stu­dents say Rensselaer’s “administration gets a C-plus.” Overseen by “a multi-layer bureau­cracy,” there can be plenty of red tape. Fortunately, the personnel at the business school are approachable and friendly. “The administrators understand the issues that students have and are very patient and understanding, and go above and beyond to help students.”

The Princeton Review

Academic

The Lally MBA program prepares business leaders with the skills and thinking that are essential for meeting the day-to-day, real-world challenges of running a business within the evolving dynamics of the global economy. Through experiential hands-on instruction, students acquire an overall understanding of the new sources of value creation brought about by the convergence of globalization and the information technology (IT) revolution.

The curriculum enables students to gain critical expertise in launching, running, and growing a successful business: creating and managing an enterprise; value creation, managing networks, and driving innovation; developing innovative products and services; formulating and executing competitive business strategies; and managing the business implications of emerging technologies. Courses focus on critical business issues in today's global marketplace and integrate all discrete business functions, from finance and operations to global marketing and supply chain management. Key modules include global business, decision models, social responsibility and business ethics, and succeeding in knowledge-intensive organizations.

The Princeton Review

Second Year Curriculum

Fall Semester - 14 Weeks 15 Credits

Global Business & Social Responsibility 3 Credits Strategy, Technology, & Competition I 3 Credits Design Manufacturing & Marketing I 3 Credits Elective 3 Credits Elective 3 Credits Professional Development Workshop III Non-Credit

Spring Semester - 14 Weeks 15 Credits

Strategy, Technology, & Competition II 3 Credits Design Manufacturing & Marketing II 3 Credits Managing on the Edge: Corporate Innovation of the Coming Years 3 Credits Elective 3 Credits Elective 3 Credits

The Princeton Review

First Year Curriculum

Fall Year One

Economics & Institutions 3 Credits Accounting for Reporting & Control 3 Credits Financial Management I 3 Credits Creating & Managing an Enterprise I 3 Credits Elective 3 Credits Professional Development Workshop I 3 Credits

Spring Year One

Financial Management II 3 Credits Creating & Managing an Enterprise II 3 Credits Networks, Innovation, & Value Creation I 3 Credits Business Implications of Emerging Technologies II or Elective 3 Credits Elective 3 Credits Professional Development Workshop II Non-Credit

The Princeton Review

Student Services

  • Campus Wide Network
  • Centers Of Research:

    MBA students at the Lally School have the advantage of being part of Rensselaer, which is the nationÂ’s first technological university. Rensselaer is also home to the countryÂ’s first business incubator for startup companies and the first Technology Park for technology ventures seeking a unique environment focused on the interface between industry and education. Rensselaer Technology Park has 13 buildings on a 450 acre plot, which currently house 90 companies with more than 2,200 employees.

    Additionally, Rensselaer supports more than 20 university and academic research centers on campus, which work closely with government agencies and industry leaders in such fields as biotechnology, nanotechnology, information technology, design and manufacturing, and lighting.

    The Experimental Media and Performing Arts Center (EMPAC), a place and a program where the arts, technology and science challenge and transform each other. It offers artists, visiting scholars, researchers, engineers, designers, and audiences opportunities that are available nowhere else under a single roof, providing unsurpassed facilities for creative exploration as well as for research in fields ranging from visualization to immersive environments to large-scale interactive simulations. EMPAC operates nationally and internationally, attracting creators from around the world, and sending new artworks and innovative ideas onto the global stage.

    The Lally School houses two centers: The Severino Center for Technological Entrepreneurship and the Center for Financial Studies. Details are at http://lallyschool.rpi.edu/centers/index.html

  • International Student Support Groups:

    http://doso.rpi.edu/update.do?catcenterkey=11

  • Lesbian Bisexual Transgender Support Groups:

    http://rpa.union.rpi.edu/

  • Minority Support Groups:

    http://www.rpi.edu/dept/diversity/diveristy_resource_guide.pdf

  • Research Facilities:

    MBA students at the Lally School have the advantage of being part of Rensselaer, which is the nation’s first technological university. Rensselaer is also home to the country’s first business incubator for startup companies and the first Technology Park for technology ventures seeking a unique environment focused on the interface between industry and education. Rensselaer Technology Park has 13 buildings on a 450 acre plot, which currently house 90 companies with more than 2,200 employees.

    Additionally, Rensselaer supports more than 20 university and academic research centers on campus, which work closely with government agencies and industry leaders in such fields as biotechnology, nanotechnology, information technology, design and manufacturing, and lighting.

    The Experimental Media and Performing Arts Center (EMPAC), a place and a program where the arts, technology and science challenge and transform each other. It offers artists, visiting scholars, researchers, engineers, designers, and audiences opportunities that are available nowhere else under a single roof, providing unsurpassed facilities for creative exploration as well as for research in fields ranging from visualization to immersive environments to large-scale interactive simulations. EMPAC operates nationally and internationally, attracting creators from around the world, and sending new artworks and innovative ideas onto the global stage.

    The Lally School houses two centers: The Severino Center for Technological Entrepreneurship and the Center for Financial Studies. Details are at http://lallyschool.rpi.edu/centers/index.html

  • Women Support Groups:

    http://www.eng.rpi.edu/wmp

Famous Alumni

Well known alumni of Rensselaer Polytechnic Institute Lally School of Management and Technology include:

Marcian E. "Ted" Hoff - Inventor of microprocessor

Ray Tomlinson '63 - Inventor of email in 1971

Denis Tito '64 - Founder of Wilshire Associates

James Q. Crowe '72 - Founder and Builder of telecom industry compaines

George M. Low '48 - NASA administrator who headed the Apollo program

School Outcomes

Top Employers Of Graduates From This School Include: Deloitte Consulting, Proctor & Gamble, GE, TIAA-CREF, Bank of America

Industry Percent Employed Median Starting Salary
Technical 55% $69,111
Business 40% $59,167
Marketing / Sales 35% $64,200
Manufacturing 35% $65,857
Other 25% $62,000
Financial Services 25% $59,333
Finance / Accounting 15% $67,000
General Management 10% $67,000
Operations / Logistics 10% $61,000
Consulting 10% $85,000
Consulting 5% $85,000

School Employment Information

Graduation Employment 33%
Three Month Employment 66%
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