Rensselaer Polytechnic Institute - Lally School of Management - School Admissions The Princeton Review B-School Rankings & GMAT Scores

About

From the School

The Lally School of Management was founded in 1963 as an integral part of Rensselaer Polytechnic Institute.

Building on Rensselaer's heritage of more than 190 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.

Contact & Visit

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Admissions Office Contact

Campus and Location

Rensselaer’s 275-acre campus is a blend of modern style and classic design. Built into a hillside, it overlooks the Hudson River and the city of Troy, which is experiencing a rebirth as an emerging hotbed of startups, restaurants and artist galleries.

The area offers a relaxed lifestyle with many cultural and recreational opportunities, with easy access to both the high-energy metropolitan centers of the Northeast—Boston, New York City, and Montreal, Canada—and the quiet beauty of the neighboring Adirondack Mountains.

Rensselaer is committed to a campus culture and engaging student experience where students can learn and grow in an environment that encourages discovery, creativity, innovation, and diversity.

Facilities

The Lally School of Management and Technology is located in one of Rensselaer's most historic buildings, now a technology-intensive center for teaching and research.

The facility features four large classrooms with facilities that are computer-interactive, and set up for videoconferencing. The building also includes fully networked faculty and staff offices, wireless access, a computer study hall, student and faculty lounges, a centrally located student services suite, and a food service concession.

Contact

Charlieann Chacon
Associate Director, Graduate Admissions

Address

110 Eighth St.
Troy, NY 12180-3590
United States

Phone

518-276-6565

Fax

518-276-4072

lallygrad@rpi.edu

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Admissions

Overview

From The School

The Lally School of Management attracts candidates who clearly articulate and act on their personal and professional goals. Accepted candidates share a strong entrepreneurial spirit and are confident about their analytical and quantitative skills. Required items include completion of the online Rensselaer graduate application, essay, resume, transcripts, letters of recommendation, and a GMAT or GRE score. The TOEFL is required for international applicants.

Applicants: 57

Acceptance Rate: 72%

Average Undergrad GPA 3.32

Years Work Experience: 0.5

Average Age: 22

Test Scores

GMAT (25th and 75th percentiles)

410 - 680

GPA

2.82 - 3.75

Deadlines

Round 1

November 15

Round 2

January 15

Round 3

March 15

Round 4

May 15

Other Admission Factors

Academic

GMAT Score

Essay / Personal Statement

Non-Academic

Other Factors

School Type And Accreditation

School Type

Private

AACSB-approved

Yes

Selectivity Rating

Admissions selectivity rating

Academics

Overall
Program Types
Faculty Information
Students Say
Concentrations
Specialized Masters
Center for Research
Specialities of Faculty
Sustainability

Academics

Overall

From the School

Degrees Offered

MBA
MS Business Analytics
MS Management
MS Quantitative Finance & Risk Analytics
MS Supply Chain Management
MS Technology Commercialization and Entrepreneurship
PhD research program
Part-time study is available for most programs

Academic Programs

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. Additional programs:

Additional programs: See lallyschool.rpi.edu

Faculty

Lally's faculty are scholars of significant standing and deep experience in a wide range of business contexts. They are research-oriented and focus on advancing business through using the basic disciplines of economics, behavioral science, and analytical methods.

Our clinical faculty strive to exploit their experience and professional expertise to turn theory into practice. They bring real world business experiences into the Lally learning environment.

Program Types

Full-Time

Yes

Part-Time

Yes

Evening

Executive

Online

Faculty Information

Total Faculty

Full-time

Part-time

Female

Underrepresented Minorities

Academic experience rating

Professors interesting rating

Professors accessible rating

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 twelve 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 seventeen to twenty-four months. (Currently, the school offers optional specializations in entrepreneurship, finance, information systems, marketing, and new product development, business analytics, and supply chain 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 Quantitative Finance and Risk Analytics, an MS in Business Analyltics, an MS in Supply Chain, 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.”“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.”

Concentrations

Entrepreneurship
Finance
Information Systems/Information Technology
JD/MBA - Dual Degree
Marketing
Product Management
Supply Chain Management

Specialized Masters

Data Analytics
Finance
Supply Chain Management

Center for Research

Entrepeneurship
Finance
Supply Chain Management

Specialities of Faculty

Academic specialties of faculty

URL

MBA Program Curriculum

http://lallyschool.rpi.edu/mba

MBA Faculty

http://lallyschool.rpi.edu/faculty

Entrepreneurship at Lally

http://lallyschool.rpi.edu/severino-center

Centers of Excellence

https://lallyschool.rpi.edu/centers-excellence

MBA Course Catalog

http://catalog.rpi.edu

MBA Career Resources

https://lallyschool.rpi.edu/lifeafterlally/career-services/graduate-resource-center

News and Media

http://lallyschool.rpi.edu/

MBA Alumni

http://lallyschool.rpi.edu/lifeafterlally/alumni-stories

Ethics in the Management of Emerging Technologies

https://lallyschool.rpi.edu/centers-excellence/ethics-management-emerging-technologies

Center for Financial Studies

http://lallyschool.rpi.edu/center-financial-studies

Sustainability

Courses in Sustainability

Yes

Sustainability course is

Optional

Description

1. MGMT 6060 - Business Implications of Emerging Technologies I ________________________________________ This course investigates the business dimensions of major technological advances, highlighting how industry structures and organization, the dynamics of competition, patterns of innovation, operational decisions, and financial investment are all influenced by various types of technical breakthrough. Students also get to explore the interplay between emerging technology development and commercialization. The challenges associated with intellectual property protection and utilization, as well as the socio-economic and ethical dimensions of new technology adoption, are explored. Each year, a different set of key technologies will be examined and analyzed. 2. MGMT 7750 - Global Business and Social Responsibility ________________________________________ The course examines different responses of American, European and Asian firms to a global economy, within an historic and evolving context. Models of economic, social, political, technological, and national development will be introduced. Various conflicting demands of national governments, interest groups, corporations, unions, NGOs and consumers are often expressed in terms of ethical and social responsibility. Cases will be analyzed in terms of models of global business practices and conflicting claims will be critically evaluated.

Research Opportunities in Sustainability

Description

School's environmental commitment 1:

All managers must confront an economic environment that was unthinkable a few years ago. There are a significant number of system- level complex societal problems (such as climate change, scarcity of water, health care, international financial infrastructure issues, and energy dependence and poverty) that require an entrepreneurial mindset capable of managing with an orientation towards long-term quality of life and concern about the life cycle of a company?s product or service and how it contributes to value for the company?s customers, employees, and community as well as to its own success. The MS/MBA sustainability concentration aims to equip students to balance business and economic considerations with environmental resource issues, including ever-changing laws and regulations and apply an entrepreneurial business mindset to complex social and economic problems.

School's environmental commitment 2:

Within the MBA program, which has 4 electives, students are able to take advantage of this flexibility and take courses outside the business school, given the appropriate background, in areas such as environmental engineering, environmental economics, and others.

School's environmental commitment 3:

Every member of the Rensselaer community has an opportunity to actively participate in environmental initiatives and education.

Careers

Career Overview
Finding Jobs & Internships
Graduates Employed by Area of Practice
Graduates Employed by Region
Students Say
Job Function
Industries
Prominent Alumni

Careers

Career Overview

From The School

The Lally School Career Resource Center provides extensive career resources including workshops, mock interview sessions, and career counseling. Lally's industry partners work with us to influence curriculum to meet the most current demands in an ever-changing workplace; provide meaningful internship and co-op experiences for students; and create industry programs that become the platform for cutting-edge faculty research.

Career rating

Average Starting Salary

$79,944

Accepted employment by 3 months after graduation

81%

Finding Jobs & Internships

Source Of Full-Time Job Acceptances

62%

Graduate Facilitated

23%

Unknown

15%

School Facilitiated

Graduates Employed by Area of Practice

30%

Other

23%

Consulting

15%

Marketing

Operations/Logistics

Finance/Accounting

Human Resources

Information Technology

Graduates Employed by Region

54%

Northeast

23%

West

15%

Midwest

Mid-Atlantic

Students Say

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.

Job Function

Job Function	% of Grads Seeking Employment Who Accept Jobs w/in 3 Months	Median Salary	Mean Salary	Low Base Salary	High Base Salary
Other	30%	$84,500	$92,167	$75,000	$117,000
Consulting	23%	$81,000	$81,000	$67,000	$95,000
Marketing / Sales	15%	$67,500	$67,500	$65,000	$70,000
Finance / Accounting	8%
Human Resources	8%
Information Technology	8%
Operations / Logistics	8%

Industries

Industries	% of Grads Seeking Employment Who Accept Jobs w/in 3 Months	Median Salary	Mean Salary	Low Base Salary	High Base Salary
Technology	30%	$80,000	$80,000	$65,000	$95,000
Pharmaceutical / Biotechnology / Healthcare	22%	$75,000	$86,333	$67,000	$117,000
Consumer Products	8%
Government	8%
Manufacturing	8%
Media / Entertainment	8%
Other	8%

Prominent Alumni

George M. Low '48

NASA administrator who headed the Apollo program

James Q. Crowe '72

Founder and Builder of telecom industry companies

Denis Tito '64

Founder of Wilshire Associates

Ray Tomlinson '63

Inventor of email in 1971

Marcian E. "Ted" Hoff

Inventor of microprocessor

Tuition & Aid

Overview
Dates
Financial Aid Statistics
Tuition Full-Time (per year)
Tuition Part-Time (per credit hour)
Expenses per Academic Year

Tuition & Aid

Overview

From The School

Full-time graduate tuition for the 2016–17 academic year is $49,520. Other costs (estimated living expenses, insurance, etc.) are projected to be about $19,250. Therefore, the cost of attendance for full-time graduate study is approximately $68,770 per year. Part-time study and cohort programs are priced separately.

Upon application to the Lally School for the full-time graduate programs, students are automatically considered for financial aid. Financial aid is competitive and granted based on merit.

Financing options include:

Federal Stafford Loans – contact the Rensselaer Financial Aid Office at 518-276-6813.

Merit-based:

Tuition scholarship– MBA and MS students automatically considered
Tuition scholarship and teaching or research assistantships – PhD students

Named fellowships:

Herman Family Foundation Fellowship for Women in Entrepreneurship
Bozzone Fellowship (Production and Operations concentration)
Reinert Raider Fellowship (Finance concentration)
Raymond A. and Ina C. Best Fellowship – Tau Beta Pi Fellowship

Third-party loans:

GMAC MBA (1-888-440-4622)
Sallie Mae
Access Group.org

Internship opportunities may also be available via the Rensselaer Entrepreneur Internship Program and the Office of Career Services.

Dates

Application Deadlines

May 15

Financial Aid Statistics

Tuition Full-Time (per year)

Tuition (In-State)

$55,600

Tuition (Out-State)

$55,600

Fees (In-State)

$2,690

Fees (Out-State)

$2,690

Tuition Part-Time (per credit hour)

Tuition (In-State)

$2,320

Tuition (Out-State)

$2,320

Expenses per Academic Year

Estimated Room And Board On-Campus

$14,882

Estimated Room And Board Off-Campus

$14,882

Academic Expenses

$2,994

Student Body

Student Body Profile
Demographics
Campus Life
More Information

Student Body

Student Body Profile

Total Full-Time Enrollment

Part Time

Foreign Countries Represented

Demographics

16.00%

Underrepresented Minorities

13.00%

International

34% female

66% male

Campus Life

From The School

Lally Full time MBA Class Profile for the Fall 2015 Entering Class

Gender
Female 42% Male 58%

Age
Range 21 – 35

Work Experience
Range 0 months to 141 months

GMAT Score
Mean 608

BS GPA
Average 3.41

Citizenship
U.S. Citizen 68%
International 32%

Minority 2%

Students Say

The full-time MBA program at Lally comprises “roughly fifteen hours per week in class,” plus another twenty to twenty-five 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, but also considers those coming direct from RPI or other undergraduate programs. It is easy to participate in the multitude of activities on the larger Rensselaer campus. For example, a current MBA can- didate 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.”

More Information

% of Classrooms with Internet Access

100%

Campus-wide Internet Network

Yes

Internet Access for All Students

Yes

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Rensselaer Polytechnic Institute - Lally School of Management

About

From the School

Contact & Visit

Admissions Office Contact

Campus and Location

Facilities

Admissions

Admissions

Overview

From The School

Test Scores

Deadlines

Other Admission Factors

School Type And Accreditation

Selectivity Rating

Academics

Academics

Overall

From the School

Degrees Offered

Academic Programs

Faculty

Program Types

Faculty Information

Students Say

Concentrations

Specialized Masters

Center for Research

Specialities of Faculty

Sustainability

Careers

Careers

Career Overview

From The School

Finding Jobs & Internships

Graduates Employed by Area of Practice

Graduates Employed by Region

Students Say

Job Function

Industries

Prominent Alumni

Tuition & Aid

Tuition & Aid

Overview

From The School

Dates

Financial Aid Statistics

Tuition Full-Time (per year)

Tuition Part-Time (per credit hour)

Expenses per Academic Year

Student Body

Student Body

Student Body Profile

Demographics

Campus Life

From The School

Students Say

More Information

Articles & Advice

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Articles & Advice

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