Enrollment: 79
Average GMAT: 628.00
Average Undergrad GPA: 3.20
Regular Application Deadline: 07/01
Rolling Admission: Yes
School Type: Private
Average Age: 28.00
Average Work Experience (months): 36
Student Faculty Ratio: 15:1

Part Time Program: Yes
Evening Program: Yes
Executive MBA Program Offered: Yes
Total Faculty: 39

Average Starting Salary: $86,143.00
Hired Consulting: 10%
Hired Finance: 0%
Hired Operations: 10%
Hired Marketing: 0%

In-State Tuition: $38,100.00
Financial Aid Deadline: 03/15

School Says - General Information
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.

School Says - Student Body
Typical Lally Full time MBA Class Profile (Average of Last Three Years) Gender Female 30% Male 70% Age Range of age 22 Ââ€" 35 Work Experience Average 3.5 years GMAT Score Mean 627 Citizenship U.S. Citizen 66% International 34% Undergraduate GPA 3.26 Technology Majors Undergraduate 65% Minority 16%

School Says - Academics
The Lally M.B.A. 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 is built on streams of knowledge, enabling 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. These streams of knowledge focus on critical business issues in todayÂ's global marketplace and integrate all discrete business functions, from finance and operations to global marketing and supply chain management, within the dynamics of each course experience. Key modules complement the streams of knowledge. Modules include global business, decision models, social responsibility and business ethics, and succeeding in knowledge-intensive organizations. Students in the Pathfinder MBA program attend MBA classes the first year ; get paid experience during the second year at a Co-op in the U.S. or abroad; and, in the third year, return to campus to complete the MBA program.

School Says - Admissions
The Lally School of Management & Technology attracts candidates who can 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 questions, resume, transcripts, 2 letters of recommendation, and a GMAT score.

School Says - Campus Life
The Lally School of Management and Technology is located in one of RensselaerÂ's most historic buildings, A 1998 renovation transformed the Pittsburgh Building into 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 and distance education. The building also includes fully networked faculty and staff offices, wireless access, a computer study hall, student and faculty lounges, a fifth-floor outdoor terrace, a centrally located student services suite, and a food service concession.

Students Say - Academics
The Rensselaer Polytechnic Institute Lally School of Management and Technology is located in Troy, New York, a historic town along the Hudson River. Once a major center of the Industrial Revolution (during the 1800s), Troy now finds itself at the center of a technological revolution. Rensselaer's sterling reputation as a school that turns out technical superstars has influenced Lally's direction. The Lally MBA program combines technological innovation and a focus on entrepreneurship in a team-oriented curriculum that cuts across all business functions.
The students enrolled in the Lally MBA program appreciate being in an "entrepreneurship program friendly to those with technical backgrounds." Rensselaer's state-of-the-art facilities include the Severino Center for Technological Entrepreneurship, the Business Incubator Program, and the RPI tech-park, so it's no surprise that the Lally School's strength is in technological entrepreneurship. The school's mantra is that "technology creation and commercialization do not occur in an ivory tower; they happen in a competitive, increasingly global marketplace. Our students and faculty have a passion for taking ideas and turning them into real-world products." Students here concur: "Everybody at Rensselaer thinks about initiating a company." One student adds, "This makes it one of the best schools in providing a technology-driven MBA." A few years ago, Lally introduced a dynamic new MBA curriculum that identifies critical areas for advancing business through innovation has revised the curriculum to include signature courses such as: Business Implications of Emerging Technologies; Creating and Managing an Enterprise; and Design, Manufacturing, and Marketing. Students love this program, arguing that it "prepares future business leaders and strategic thinkers. Most courses incorporate projects that are applied to real businesses in the community." Some of the groups have even taken their products to compete in the "Tech Valley Collegiate Business Plan Competition" sponsored by the school's own Severino Center for Technological Entrepreneurship. There, teams compete for the money to make their theoretical venture a reality. Some groups from these classes have "actually now established themselves as startups!" Some students point out that "even if you don't have a desire to start your own company, the experiences you gain can be used in established tech companies."
However, none of this means that traditional business school curriculum is lacking. And recently, the number of electives has increased (due to student feedback), which allows students to choose an area of focus. While professors are "hit or miss" pedagogically, they're always focused on the student: "Even in the larger classes, you can tell that the professors really know who everyone is." The administration at Lally also listened to students who wanted to see "more seminars and more of a focus on financial market topics and added a new program in Financial Engineering and Risk Analytics." And despite the assurances of most students that all the Rensselaer facilities boast top-of-the-line technology, some students would like to see Lally "upgrade some of its classrooms." Fortunately, the administration here is "bend-over-backward supportive of students and their needs. This program at Lally is growing and developing, so our input is extremely valuable. I don't know of any other school where [student] input is acted on within a semester."

Students Say - Admissions
Though the majority of Lally's admitted students come from some sort of technical background, 35 percent do not. The average age for an admitted student is 28, the average work experience is about 3 years, the average GMAT is 628, and the average undergraduate GPA is 3.2.

Students Say - Campus Life
Including Lally's "interesting mix of nationalities, talents, and backgrounds," Troy is home to just about 55,000 people. The city benefits from its proximity to Albany, which, despite what New York City likes to believe, is still the capital of the state. And students who manage to make time in their hectic academic schedule point out that there are "tons of cultural opportunities like readings, speakers, and music on campus and in town. We have a brewpub in town making great beer. There is a good live music scene." The school, along with student-run groups, tries to facilitate student interaction as well. "We have regular social functions that get both classes together and try to involve faculty as well. Since it's a smaller program, it's pretty close knit, and a lot of students organize social activities and invite the entire class."

Students Say - Careers
Though the emphasis at Lally is so much about creating jobs rather than looking for them, Career Services reports that they've managed to place plenty of their students. The average salary for Lally's MBA graduates in in 2008 was around $86,140; 60 percent of those who completed the MBA were employed in the Northeast region of the United States; iconic companies such as IBM, GE, and 3M frequently hire Lally graduates. According to some students, the weakest link in the employment chain is Lally's "circle of alumni," which is not as involved as most current students would like.

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