Friday, August 27, 2010
BelWo’s “Creation by Collaboration” competition seeks an innovative idea that makes a new technology work for human development
“Creation by Collaboration” is an initiative created by BelWo Inc aimed at fostering a project in the field of Information Society, bringing Information and Communication Technologies closer to people and communities on an international scale. This initiative acts in favor of global development and the fight against social inequalities.
Through this competition our goal is to be instrumental in assisting with the development of a concept which reduces the division in the world, so that all people have equal access to gain education, resources and prosper. We are launching “Creation by Collaboration” within this context. Our competition will reward the best idea received and will enable its creator to put their idea into the global marketplace. In working with our highly skilled, technological team BelWo will provide the winner with an innovative and collaborative environment in which to develop and introduce their project to the online world. Our winner will receive a custom designed website plus complimentary hosting and maintenance for a year.
The team at BelWo believes that the key to building a business is by building relationships through collaboration, entrepreneurship and innovation. For BelWo, it is particularly about creating cutting edge websites that launch new ideas into the global marketplace. With the challenges our world now faces, our belief that through technology we can change the world and better humanity applies more than ever.
That is why we’ve decided to hold our “Creation by Collaboration” competition. We’re seeking an innovative idea that in some incredible way will have a positive impact upon the world. To the participant of the winning concept Belwo will be creating a free, customized website plus a year of complimentary hosting and maintenance. Our hope is that by giving our winning participant’s concept a face on the internet, in return their vision will better humanity through technological advance. It is simply technology helping technology, thus making a positive impact on our world.
Interested parties should read more about our competition and submit their idea by visiting: http://www.belwo.com/competition/index.html
About BelWo:
BelWo Inc, founded nearly a decade ago, is a privately owned organization headquartered in Troy, NY. We provide cutting-edge IT and business solutions to facilitate an outcome of positive results. As a trusted advisor and partner, BelWo utilizes a combination of the best industry-proven practices, our extensive broad market knowledge and exceptionally high standards to meet the challenges that our clients face. We assist our customers to compete successfully in a continuously changing and competitive business environment.
Media Contact:
Elyse Alexander
General Manager
BelWoSEO & BelWo Inc
Ph: 518-279-7999
Toll Free: 1-866- 99 BelWo (992-3596)
Saturday, June 12, 2010
Upon arriving in Manhattan, the Lally MBA student’s first stop was the Goldman Sachs’ new headquarters, adjacent to the World Trade Center site. The Lally students spent their morning with Kenneth J. Dupuis ’99 of Goldman Sachs. Dupuis talked with the MBA students about his career at Goldman and the history of the firm. He also shared career tips and interview suggestions, discussed “how to sell yourself,” and strategies to use resumes and social networking to succeed in the job search process.
At lunch and throughout the day, the Lally MBA students were joined by a number of other alumni hosts, including Sara Stylinski ’09, Business Analyst at Bank of America; Reed Kipp ’09, Analyst at Ernst & Young; Mike Weiner ’89 MS ‘91 Director of Engineering Recruiting and Training at FactSet Research Systems, and Mary Jo Sorentino ‘08 Actuary at Chartis Insurance. During lunch, the alums talked informally with small groups of Lally’s MBA students about the pros and cons of different careers, life in New York as a new employee, how to prepare for the transition to a career, and also personal job hunt and interviewing tips.
After lunch, the Lally students broke into groups for corporate visits according to their area of interest. Lally Professor Jeff Durgee accompanied a group to midtown to visit Richy Glassberg ’85 Executive VP Media Sales Group at TV Guide to learn about Careers in Media. Another group of Lally MBA students stayed at Goldman Sachs to learn more about finance, and got to visit Goldman’s trading floor. Other groups went to Bank of America with Sara Stylinski, Ernst & Young with Reed Kipp, and with Beth Macey to visit the trading floor of the New York Stock Exchange.
Alexander Bringsjord ’11 commented on his experience: “I was one of the three MBA students who met with Reed Kipp from Ernst & Young. It was very refreshing to be able to meet with someone who was right out of RPI and had only been working in finance-related fields for about a year. It was great to make a connection that hit so close to home. He gave my fellow students and me valuable insight in terms of looking to the future.”
Bringsjord continued, “I gained a lot of strategic information about internships, and what companies such as Goldman Sachs and Ernst & Young are looking for in young employees. I learned what I should and shouldn't be doing to further my chances in those respects, while still in school. I would absolutely recommend to future MBA students to go on the trip. If a student is interested in a career on Wall Street it would be intelligent to take advantage of this trip; it really gave me a solid idea of what the culture of that type of work is like, and made my desires to enter the world of finance even stronger.”
Bringsjord added, “You can't get the feel for what a finance-related career is like in a classroom. Sure, you can get an idea of the type of work you'll be doing, but the classroom atmosphere doesn't prepare you for the hustle and bustle of the financial world like this trip does.”
“This event grows each year,” commented Lally Associate Dean Jeff Durgee. “Next year, we would like to have even more of our great City alumni “adopt” a student or two for lunch and a visit to their offices.”
For more detailed information regarding The Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
At lunch and throughout the day, the Lally MBA students were joined by a number of other alumni hosts, including Sara Stylinski ’09, Business Analyst at Bank of America; Reed Kipp ’09, Analyst at Ernst & Young; Mike Weiner ’89 MS ‘91 Director of Engineering Recruiting and Training at FactSet Research Systems, and Mary Jo Sorentino ‘08 Actuary at Chartis Insurance. During lunch, the alums talked informally with small groups of Lally’s MBA students about the pros and cons of different careers, life in New York as a new employee, how to prepare for the transition to a career, and also personal job hunt and interviewing tips.
After lunch, the Lally students broke into groups for corporate visits according to their area of interest. Lally Professor Jeff Durgee accompanied a group to midtown to visit Richy Glassberg ’85 Executive VP Media Sales Group at TV Guide to learn about Careers in Media. Another group of Lally MBA students stayed at Goldman Sachs to learn more about finance, and got to visit Goldman’s trading floor. Other groups went to Bank of America with Sara Stylinski, Ernst & Young with Reed Kipp, and with Beth Macey to visit the trading floor of the New York Stock Exchange.
Alexander Bringsjord ’11 commented on his experience: “I was one of the three MBA students who met with Reed Kipp from Ernst & Young. It was very refreshing to be able to meet with someone who was right out of RPI and had only been working in finance-related fields for about a year. It was great to make a connection that hit so close to home. He gave my fellow students and me valuable insight in terms of looking to the future.”
Bringsjord continued, “I gained a lot of strategic information about internships, and what companies such as Goldman Sachs and Ernst & Young are looking for in young employees. I learned what I should and shouldn't be doing to further my chances in those respects, while still in school. I would absolutely recommend to future MBA students to go on the trip. If a student is interested in a career on Wall Street it would be intelligent to take advantage of this trip; it really gave me a solid idea of what the culture of that type of work is like, and made my desires to enter the world of finance even stronger.”
Bringsjord added, “You can't get the feel for what a finance-related career is like in a classroom. Sure, you can get an idea of the type of work you'll be doing, but the classroom atmosphere doesn't prepare you for the hustle and bustle of the financial world like this trip does.”
“This event grows each year,” commented Lally Associate Dean Jeff Durgee. “Next year, we would like to have even more of our great City alumni “adopt” a student or two for lunch and a visit to their offices.”
For more detailed information regarding The Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
Thursday, June 10, 2010
Drawing upon his career experience of a hostile takeover attempt when he was serving as the as the CEO of State Street Bank, Carter conducted an experiential leadership case study seminar, at the Lally School of Management & Technology challenging MBA students to develop on-the-spot presentations for the Board a takeover target company that finds itself in a crisis situation.
Mashall N. Carter is Chairman of the New York Stock Exchange Group and Deputy Chairman of the parent company NYSE Euronext. He has served as a director of the New York Stock Exchange since November 2003. NYSE Euronext, a transatlantic exchange group that includes both the New York Stock Exchange and the American Stock Exchange (AMEX), is the world’s leading and most liquid exchange group, with both the highest average daily value of cash trading and the largest market capitalization of listed operating companies. During 2008, 42% of the world’s cash equities trading volume took place on NYSE Euronext exchanges.
Before joining the NYSE, Mr. Carter served as Chairman and CEO of State Street Bank. Prior to State Street, Mr. Carter was with Chase Manhattan Bank for 15 years, in positions related to finance, operations and global securities businesses. A former Marine Corps officer who was awarded the Navy Cross and Purple Heart during two years’ service as an infantry officer in Vietnam, Mr. Carter served from 1975-76 as a White House Fellow at the State Department and Agency for International Development.
In Fall 2009, Carter delivered the Jerome S. Reinert ’56 Visiting Executive Series lecture entitled Navigating a Perfect Storm—Regaining Our Bearings After the Global Financial Crisis.” More than 300 students, alumni, faculty, staff, and community professionals attended the lecture at Rensselaer’s EMPAC venue.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, a full time One Year MBA and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East. Lally continues to deliver high-quality business education in one of the most personalized classroom settings of all the top MBA programs. Of the best MBA programs eligible for ranking by Business Week, Lally’s program ranked #34 in top undergraduate business programs overall.
For more detailed information on the Lally School & the various MBA programs they offer please visit: http://www.lallyschool.rpi.edu/
Mashall N. Carter is Chairman of the New York Stock Exchange Group and Deputy Chairman of the parent company NYSE Euronext. He has served as a director of the New York Stock Exchange since November 2003. NYSE Euronext, a transatlantic exchange group that includes both the New York Stock Exchange and the American Stock Exchange (AMEX), is the world’s leading and most liquid exchange group, with both the highest average daily value of cash trading and the largest market capitalization of listed operating companies. During 2008, 42% of the world’s cash equities trading volume took place on NYSE Euronext exchanges.
Before joining the NYSE, Mr. Carter served as Chairman and CEO of State Street Bank. Prior to State Street, Mr. Carter was with Chase Manhattan Bank for 15 years, in positions related to finance, operations and global securities businesses. A former Marine Corps officer who was awarded the Navy Cross and Purple Heart during two years’ service as an infantry officer in Vietnam, Mr. Carter served from 1975-76 as a White House Fellow at the State Department and Agency for International Development.
In Fall 2009, Carter delivered the Jerome S. Reinert ’56 Visiting Executive Series lecture entitled Navigating a Perfect Storm—Regaining Our Bearings After the Global Financial Crisis.” More than 300 students, alumni, faculty, staff, and community professionals attended the lecture at Rensselaer’s EMPAC venue.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, a full time One Year MBA and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East. Lally continues to deliver high-quality business education in one of the most personalized classroom settings of all the top MBA programs. Of the best MBA programs eligible for ranking by Business Week, Lally’s program ranked #34 in top undergraduate business programs overall.
For more detailed information on the Lally School & the various MBA programs they offer please visit: http://www.lallyschool.rpi.edu/
Wednesday, June 9, 2010
The inspiration of Jean A. Howard, associate director of the Severino Center for Technological Entrepreneurship at Lally, Tech Launch Pad (TLP) fills a critical need at Rensselaer by offering a pre-incubation program focused on the student’s innovation. Its accelerated ‘real world’ approach to entrepreneurship prepares young entrepreneurs and MBAs for the next steps in business creation, specifically, feasibility evaluation and strategy/entity creation. If the entrepreneur cannot demonstrate feasibility, moving forward is difficult if not impossible.
“Entrepreneurship is often thought of as a solo endeavor. The reality couldn’t be more different. To turn technical innovation into commercial success requires a collaborative approach between the inventor and a team of experts in business, financing, law, and marketing to name a few. Tech Launch Pad, at the Lally School, incorporates a practical and multi-disciplinary approach that’s key to entrepreneurial success,” according to Howard.
The TLP pilot, launched in Summer 2009, attracted student entrepreneurs, MBA program graduates and businesses from across the campus including a strong contingent from the School of Engineering. Bill Dailey, ’98, MBA/J.D., was tapped by Howard to run the pilot. Students were introduced to the practical aspects of business management, from feasibility studies to incorporating; from negotiating synergistic partnerships to current financing options. "It's not enough just to have good technology. There’s more to bringing something to market than just having a technology that works,” said Dailey.
Ke Xia, Ph.D. biochemistry ’09, and co-inventor of Promethean Revolution, LLC, participated in the pilot. When asked what he thought of it, Xia summed it up by saying, “TLP at Lally helped us accomplish in 36 hours what would have taken us 2 years of stumbling around to figure out.”
Designed specifically for business students with good ideas and that “fire in the belly,” Tech Launch Pad is not for students trying to figure out whether or not they want to be an entrepreneur. “This course is for technically savvy students interested in launching a business or who currently are already in business. In short, this course is about practicing, doing and acting—grounded on the assumption that everyone in the course is there to develop a business,” according to Bruce Rothenberg, associate director of student technology in the Lally School of Management & Technology and the current TLP instructor.
Of the 17 student businesses that have completed either the pilot or Fall semester TLP course, 8 continue forward with their business concepts. “The accelerated format delivers the information you need to push along your idea while not taking a lot of your time," says Anthony Guidarelli, ’09, computer and systems engineering, and co-founder of Blink Applications. “Tech Launch Pad pushed us to move our idea along technically and to develop an actual demo that resulted in us being asked for the first time how much money we were looking for.”
TLP also helps to bridge the gap between university and community, with a secondary goal of keeping new companies in the Capital Region and adding to the area’s future economic development. And that’s where TLP’s structure and community involvement is important.
The practicum relies on guest lecturers and introduces students to seasoned local entrepreneurs and business professionals. Jonathan Ashdown, Ph.D. ’11, of UltrasoniComm, is quick to point out that TLP helped him to establish a network among VCs and angel investors he otherwise would not have, in addition to building a strong group of advisors.
“Because of its positioning within a premier technological institute, the Lally School brings a unique perspective on technological entrepreneurs and business creation. We’re teaching high-tech entrepreneurism—that’s our niche—and TLP has the potential to contribute to the region’s long-term, overall economic development,” according to Rothenberg.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East. For more information on the Lally School of Management & Technology and their MBA Programs please visit: http://www.lallyschool.rpi.edu
“Entrepreneurship is often thought of as a solo endeavor. The reality couldn’t be more different. To turn technical innovation into commercial success requires a collaborative approach between the inventor and a team of experts in business, financing, law, and marketing to name a few. Tech Launch Pad, at the Lally School, incorporates a practical and multi-disciplinary approach that’s key to entrepreneurial success,” according to Howard.
The TLP pilot, launched in Summer 2009, attracted student entrepreneurs, MBA program graduates and businesses from across the campus including a strong contingent from the School of Engineering. Bill Dailey, ’98, MBA/J.D., was tapped by Howard to run the pilot. Students were introduced to the practical aspects of business management, from feasibility studies to incorporating; from negotiating synergistic partnerships to current financing options. "It's not enough just to have good technology. There’s more to bringing something to market than just having a technology that works,” said Dailey.
Ke Xia, Ph.D. biochemistry ’09, and co-inventor of Promethean Revolution, LLC, participated in the pilot. When asked what he thought of it, Xia summed it up by saying, “TLP at Lally helped us accomplish in 36 hours what would have taken us 2 years of stumbling around to figure out.”
Designed specifically for business students with good ideas and that “fire in the belly,” Tech Launch Pad is not for students trying to figure out whether or not they want to be an entrepreneur. “This course is for technically savvy students interested in launching a business or who currently are already in business. In short, this course is about practicing, doing and acting—grounded on the assumption that everyone in the course is there to develop a business,” according to Bruce Rothenberg, associate director of student technology in the Lally School of Management & Technology and the current TLP instructor.
Of the 17 student businesses that have completed either the pilot or Fall semester TLP course, 8 continue forward with their business concepts. “The accelerated format delivers the information you need to push along your idea while not taking a lot of your time," says Anthony Guidarelli, ’09, computer and systems engineering, and co-founder of Blink Applications. “Tech Launch Pad pushed us to move our idea along technically and to develop an actual demo that resulted in us being asked for the first time how much money we were looking for.”
TLP also helps to bridge the gap between university and community, with a secondary goal of keeping new companies in the Capital Region and adding to the area’s future economic development. And that’s where TLP’s structure and community involvement is important.
The practicum relies on guest lecturers and introduces students to seasoned local entrepreneurs and business professionals. Jonathan Ashdown, Ph.D. ’11, of UltrasoniComm, is quick to point out that TLP helped him to establish a network among VCs and angel investors he otherwise would not have, in addition to building a strong group of advisors.
“Because of its positioning within a premier technological institute, the Lally School brings a unique perspective on technological entrepreneurs and business creation. We’re teaching high-tech entrepreneurism—that’s our niche—and TLP has the potential to contribute to the region’s long-term, overall economic development,” according to Rothenberg.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East. For more information on the Lally School of Management & Technology and their MBA Programs please visit: http://www.lallyschool.rpi.edu
Sunday, June 6, 2010
Lally continues to deliver high-quality business education in one of the most personalized classroom settings of the top programs. Of the 139 programs eligible for ranking by Business Week, Lally’s program was the third smallest as measured by overall enrollment of 379 students, 8th smallest by faculty student ratio of 11.0, and had an average class size of 31 students.
At the same time, Lally graduates are well prepared for career success: median starting salaries for Lally graduates, at $55,000, ranked 7th highest among schools surveyed, tying with 13 other schools, including #1 ranked Notre Dame, and several top-10 schools such as Cornell, Boston College, University of Virginia, and UC Berkeley/Haas. Students reported finding jobs most often in technology, financial services and consulting firms with companies such as Avenity, Microsoft and Cisco Systems.
BusinessWeek also cited student survey quotes on entrepreneurship training at Lally: "I think Rensselaer is one of the only schools that stresses entrepreneurship very heavily in the curriculum. I will feel very comfortable getting together with colleagues in the near future and starting a business, thanks to the skills that I have developed at Rensselaer."
BusinessWeek is a leading business magazine, with more than 4.7 million readers each week in 140 countries.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East.
About Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelors, masters, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.
http://lallyschool.rpi.edu
At the same time, Lally graduates are well prepared for career success: median starting salaries for Lally graduates, at $55,000, ranked 7th highest among schools surveyed, tying with 13 other schools, including #1 ranked Notre Dame, and several top-10 schools such as Cornell, Boston College, University of Virginia, and UC Berkeley/Haas. Students reported finding jobs most often in technology, financial services and consulting firms with companies such as Avenity, Microsoft and Cisco Systems.
BusinessWeek also cited student survey quotes on entrepreneurship training at Lally: "I think Rensselaer is one of the only schools that stresses entrepreneurship very heavily in the curriculum. I will feel very comfortable getting together with colleagues in the near future and starting a business, thanks to the skills that I have developed at Rensselaer."
BusinessWeek is a leading business magazine, with more than 4.7 million readers each week in 140 countries.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East.
About Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelors, masters, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.
http://lallyschool.rpi.edu
Thursday, June 3, 2010
Lally’s graduate and undergraduate business programs received top rankings from U.S. News & World Report, Business Week and Entrepreneur magazine.
U.S. News & World Report Ranked Lally in #27 in Entrepreneurship U.S. News’ Business School Specialty Rankings are based on ratings by business school Deans and Directors from the 426 master’s programs accredited by AACSB.
Business Week Specialty Rankings Put Lally #7 in Ethics, #7 in Calculus, #9 in Sustainability, and #12 in Quantitative Methods in their “Undergraduate Business Specialties: Best of the Best.” Business Week surveyed thousands of business majors at more than 100 schools about how well their schools teach standard academic specialities. Students ranked programs on a scale of 1 to 5 for 12 different specialty areas, including—for the first time—Sustainability—where Lally made the top 10! Lally, one of the smallest programs surveyed, with one of the smallest average class sizes, ranked #36 overall among the Top Undergraduate Business Programs, and #21 for academic quality.Business Week - Lally #36 overall in Top Undergraduate Business Programs, and #21 for academic quality.
Entrepreneur Magazine’s MBA Student Survey Ranked Lally in the Top 15 B-schools in Operations in its "Student Opinion Honors for Business Schools" The rankings come from a national survey of 19,000 MBA students by The Princeton Review.The Student Opinion Honors survey reports across six categories: Accounting, Finance, General Management, Global Management, Marketing, and Operations.
U.S. News & World Report Ranked Lally in #27 in Entrepreneurship U.S. News’ Business School Specialty Rankings are based on ratings by business school Deans and Directors from the 426 master’s programs accredited by AACSB.
Business Week Specialty Rankings Put Lally #7 in Ethics, #7 in Calculus, #9 in Sustainability, and #12 in Quantitative Methods in their “Undergraduate Business Specialties: Best of the Best.” Business Week surveyed thousands of business majors at more than 100 schools about how well their schools teach standard academic specialities. Students ranked programs on a scale of 1 to 5 for 12 different specialty areas, including—for the first time—Sustainability—where Lally made the top 10! Lally, one of the smallest programs surveyed, with one of the smallest average class sizes, ranked #36 overall among the Top Undergraduate Business Programs, and #21 for academic quality.Business Week - Lally #36 overall in Top Undergraduate Business Programs, and #21 for academic quality.
Entrepreneur Magazine’s MBA Student Survey Ranked Lally in the Top 15 B-schools in Operations in its "Student Opinion Honors for Business Schools" The rankings come from a national survey of 19,000 MBA students by The Princeton Review.The Student Opinion Honors survey reports across six categories: Accounting, Finance, General Management, Global Management, Marketing, and Operations.
Wednesday, June 2, 2010
The Lally School of Management & Technology at Rensselaer Polytechnic Institute has launched a new one year MBA Program. Patterned after global MBA programs that are the norm outside the U.S., the new 51-credit hour program replaces the school’s previous 2-year MBA degree program.
The new MBA program was developed by a senior faculty committee comprised of Lally Dean David A. Gautschi, Dr. Jeffrey F. Durgee, Associate Dean for Academic Programs and Associate Professor of Marketing, Dr. Iftekhar Hasan, Cary L. Wellington Professor of Finance, and Dr. T. Ravichandran, Associate Professor of Information Systems and Operations Management.
The new program reflects the growing trend toward accelerated and specialized master’s programs in management education. The demand for intensive, shorter MBA programs, already growing, has only increased during the current economic downturn. According to a recent Wall Street Journal survey of accelerated MBA programs, the primary factor for students in choosing these programs is the ability to enter the work force faster. The majority of current one year MBA programs are outside the U.S., and the international focus is a large draw for many students. Lally’s new intensive MBA program not only offers students an accelerated way to boost their careers, but also reflects the globalization of technology management and the global demand for MBA degrees.
The new program enables students to complete an MBA degree in as little as one year by streamlining elective requirements and offering coursework through the summer and semester intercession periods. The accelerated program will continue to teach Lally’s signature integrated MBA curriculum, which emphasizes the connections between functional business areas, preparing students for real world situations where they will work on teams across business functions such as finance, operations, research & development and marketing.
Lally MBA students can choose from four different program options, ranging from 12 to 24 months, and a wide variety of curricular options to build a customized degree program. For those looking for accelerated training, with a minimum disruption of their career path and maximum value, the New, One Year, Full Time option is the most intensive and shortest degree program. For students who want to gain more work experience or to change careers, internship and specialization modules can be added to create an MBA tailored for each student’s needs and career goals. Customized MBA programs can be completed within 17 to 24 months at the Lally School. For further information on the Lally School of Management & Technology and the MBA programs offered visit: http://www.lallyschool.rpi.edu/
The new MBA program was developed by a senior faculty committee comprised of Lally Dean David A. Gautschi, Dr. Jeffrey F. Durgee, Associate Dean for Academic Programs and Associate Professor of Marketing, Dr. Iftekhar Hasan, Cary L. Wellington Professor of Finance, and Dr. T. Ravichandran, Associate Professor of Information Systems and Operations Management.
The new program reflects the growing trend toward accelerated and specialized master’s programs in management education. The demand for intensive, shorter MBA programs, already growing, has only increased during the current economic downturn. According to a recent Wall Street Journal survey of accelerated MBA programs, the primary factor for students in choosing these programs is the ability to enter the work force faster. The majority of current one year MBA programs are outside the U.S., and the international focus is a large draw for many students. Lally’s new intensive MBA program not only offers students an accelerated way to boost their careers, but also reflects the globalization of technology management and the global demand for MBA degrees.
The new program enables students to complete an MBA degree in as little as one year by streamlining elective requirements and offering coursework through the summer and semester intercession periods. The accelerated program will continue to teach Lally’s signature integrated MBA curriculum, which emphasizes the connections between functional business areas, preparing students for real world situations where they will work on teams across business functions such as finance, operations, research & development and marketing.
Lally MBA students can choose from four different program options, ranging from 12 to 24 months, and a wide variety of curricular options to build a customized degree program. For those looking for accelerated training, with a minimum disruption of their career path and maximum value, the New, One Year, Full Time option is the most intensive and shortest degree program. For students who want to gain more work experience or to change careers, internship and specialization modules can be added to create an MBA tailored for each student’s needs and career goals. Customized MBA programs can be completed within 17 to 24 months at the Lally School. For further information on the Lally School of Management & Technology and the MBA programs offered visit: http://www.lallyschool.rpi.edu/
The Lally School of Management & Technology Featured in Princeton Review’s “Best MBA Programs: 2010”
According to Robert Franek, Princeton Review Senior VP-Publishing, "We are pleased to recommend the Lally School of Management & Technology to readers of our book and users of our site, as one of the best institutions they could attend to earn an MBA degree. We chose the 301 MBA Programs in this book based on our opinion of their academic programs and offerings, as well as our review of institutional data. We also strongly consider the candid opinions of students enrolled in these MBA Programs, who rate and report on their campus experiences in our survey for the book."
The Best 301 MBA Programs: 2010 Edition contains; school profiles, admission criteria, academics, financial aid, campus life and career information. Introductory chapters provide advice on taking the GMAT, applying to the schools and excelling at them. In the profile on the Lally School, Princeton Review editors describe the school as: “an MBA Program that combines technological innovation and a focus on entrepreneurship in a team-oriented curriculum that cuts across all business functions." They quote from students currently attending the MBA Program who say that Lally is an “entrepreneurship, MBA program friendly to those with technical backgrounds,” and “one of the best schools in providing a technology-driven MBA." Students also mention the personal attention they receive at the Lally School: “Even in the larger classes, you can tell that the professors really know who everyone is.”
In a "Survey Says" profile, The Princeton Review lists topics that Lally MBA students it surveyed were in most agreement about. The list includes: “Solid Preparation in General Management, Doing Business in a Global Economy, and Entrepreneurial Studies, along with Friendly Students, Good Social Scene, and Smart Classrooms." The Princeton Review's survey for the book asked Lally MBA students about themselves, their career plans, and their schools’ academics, student body and campus life. The Princeton Review does name one business school best overall. However, the MBA program at the Lally School of Management & Technology is one that received high marks from students, as well as the Princeton Review.
For more detailed information on the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu/
The Best 301 MBA Programs: 2010 Edition contains; school profiles, admission criteria, academics, financial aid, campus life and career information. Introductory chapters provide advice on taking the GMAT, applying to the schools and excelling at them. In the profile on the Lally School, Princeton Review editors describe the school as: “an MBA Program that combines technological innovation and a focus on entrepreneurship in a team-oriented curriculum that cuts across all business functions." They quote from students currently attending the MBA Program who say that Lally is an “entrepreneurship, MBA program friendly to those with technical backgrounds,” and “one of the best schools in providing a technology-driven MBA." Students also mention the personal attention they receive at the Lally School: “Even in the larger classes, you can tell that the professors really know who everyone is.”
In a "Survey Says" profile, The Princeton Review lists topics that Lally MBA students it surveyed were in most agreement about. The list includes: “Solid Preparation in General Management, Doing Business in a Global Economy, and Entrepreneurial Studies, along with Friendly Students, Good Social Scene, and Smart Classrooms." The Princeton Review's survey for the book asked Lally MBA students about themselves, their career plans, and their schools’ academics, student body and campus life. The Princeton Review does name one business school best overall. However, the MBA program at the Lally School of Management & Technology is one that received high marks from students, as well as the Princeton Review.
For more detailed information on the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu/
Tuesday, June 1, 2010
As Rensselaer celebrates its transformation over the last decade under The Rensselaer Plan, the Lally School of Management & Technology is celebrating a similar transformation. Today’s Lally is a very different school than the Lally one may have known in the past.
In keeping with Rensselaer’s leadership in “the application of science to the common purposes of life,” Lally’s focus on the strategic management of technology leverages the strengths of RPI, and serves a key purpose within the Institute. As Rensselaer’s business school, Lally connects the technological innovation emerging from a major research university with commercial enterprise and an understanding of global markets, so that new technologies can reach industries and consumers worldwide. Indeed, it is often through business enterprises that technology can “change the world,” and that research innovations can accomplish societal benefit.
In implementing the goal of achieving excellence as a world-class business school, Lally has undertaken a series of changes in the last five years that have strengthened both our faculty and our curriculum.
Not surprisingly, the world is beginning to take notice. We, at Lally, are proud to report that the Lally School is now ranked as a leading business school in publications such as Business Week, U.S. News & World Report, Entrepreneur magazine and The Princeton Review.
- For three years in a row, Business Week has ranked Lally in the top 50 undergraduate business programs in America. Lally ranked #36 overall in Business Week’s 2009 Top Undergraduate Business Programs, and #21 for academic quality (tied with Cornell).
- Business Week’s 2009 Specialty Rankings put Lally at #7 in Ethics, #7 in Calculus, #9 in Sustainability and #12 in Quantitative Methods.
- U.S. News & World Report America’s Best Business Schools 2010 Ranked Lally in #27 in Entrepreneurship.
- Entrepreneur Magazine’s MBA Student Survey ranked Lally in the Top 15 Business schools in Operations
- Princeton Review named Lally to its “301 Best Business Schools: 2010 Edition”
Lally received an Eduniversal 4 Palmes Award as one of the Top 1000 International Business Schools
Rensselaer has achieved distinction by focusing on its unique strengths. At Lally, we have achieved success with a similar focus on interdisciplinary studies, interactive learning, and technological entrepreneurship. In addition, Lally has continued to expand our global reach and impact. Key elements of our success have been:
Building a dynamic, world-class faculty: Hired eighteen new faculty members since 2005, creating a teaching team of pre-eminent scholars and rising stars.
Creating Unique, Interdisciplinary Graduate Programs Building on Rensselaer’s Technical Strengths Lally has launched new graduate programs in Financial Engineering and Risk Analytics (with 5 Rensselaer departments) and Technology Commercialization and Entrepreneurship (with 12 Rensselaer Departments and Albany Law School) to train the next generation of entrepreneurs and leaders to respond to complex and changing markets.
Expanding our Global Reach and Impact Recognizing that technology is the global ‘language’ of the 21st century, Lally offers a growing portfolio collaborative programs with enterprises and leading academic institutions in the Indian sub-continent, China, Europe, and the Middle East. We welcome a truly international student body and equip our students with the skills to work and compete in a global marketplace.
Supporting an “Innovation Ecosystem” for Technology Commercialization and Emerging Entrepreneurs Lally strives to create an environment that fosters innovation, entrepreneurship and technology commercialization. Lally offers not only relevant coursework, but also connections with the entrepreneurial business community and a dynamic group of entrepreneurs in residence, as well as other out-of-classroom experiences. The Severino Center, our flagship Center of Excellence for entrepreneurial education, has built a local university-community Severino interest group (the “SIG”) with over 900 community members in the Capital District, with similar groups underway in the Silicon Valley and Europe. Lally has also developed a ‘living laboratory’ to support student entrepreneurship and technology commercialization that is called the Innovation Ecosystem, which includes a full spectrum of programs such as the Tech Launch Pad course, the SIG Breakfast and lecture series, Idea2Business, the pre-seed venture plan workshop, the Entrepreneur of the Year celebration, and the Lally Innovation Competition for MBA scholarships (http://www.lallymbacompetition.com).
Cultivating Thought Leadership in Management of Technology Programs like the Lally Innovation Series bring noted industry experts such as New York Stock Exchange Chairman Marshall Carter to campus to speak with Lally students and the Rensselaer community on current business challenges. Lally has also launched two new Centers of Excellence to further research in finance and international business: the International Center for Financial Research and the Center for Global Business and Political Economy.
Anticipating Business Education Trends: In response to market demand and changes in the global economy, Lally continues to innovate by creating accelerated and flexible graduate management degree tracks. For example, Lally has developed programs for early identification and recruiting of leadership talent, admitting a select group of recent undergraduates, as our top-tier competitors do. As part of this effort to recruit top undergrads, Lally continues to expand our co-terminal programs for Rensselaer undergraduates. For established executives, Lally has recently streamlined the Executive MBA program, allowing working professionals to earn an MBA in just 17 months. Finally, we have recently developed a 51-credit hour MBA format, which will allow qualified students to earn an MBA in as little as one year.
For further information on the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
In keeping with Rensselaer’s leadership in “the application of science to the common purposes of life,” Lally’s focus on the strategic management of technology leverages the strengths of RPI, and serves a key purpose within the Institute. As Rensselaer’s business school, Lally connects the technological innovation emerging from a major research university with commercial enterprise and an understanding of global markets, so that new technologies can reach industries and consumers worldwide. Indeed, it is often through business enterprises that technology can “change the world,” and that research innovations can accomplish societal benefit.
In implementing the goal of achieving excellence as a world-class business school, Lally has undertaken a series of changes in the last five years that have strengthened both our faculty and our curriculum.
Not surprisingly, the world is beginning to take notice. We, at Lally, are proud to report that the Lally School is now ranked as a leading business school in publications such as Business Week, U.S. News & World Report, Entrepreneur magazine and The Princeton Review.
- For three years in a row, Business Week has ranked Lally in the top 50 undergraduate business programs in America. Lally ranked #36 overall in Business Week’s 2009 Top Undergraduate Business Programs, and #21 for academic quality (tied with Cornell).
- Business Week’s 2009 Specialty Rankings put Lally at #7 in Ethics, #7 in Calculus, #9 in Sustainability and #12 in Quantitative Methods.
- U.S. News & World Report America’s Best Business Schools 2010 Ranked Lally in #27 in Entrepreneurship.
- Entrepreneur Magazine’s MBA Student Survey ranked Lally in the Top 15 Business schools in Operations
- Princeton Review named Lally to its “301 Best Business Schools: 2010 Edition”
Lally received an Eduniversal 4 Palmes Award as one of the Top 1000 International Business Schools
Rensselaer has achieved distinction by focusing on its unique strengths. At Lally, we have achieved success with a similar focus on interdisciplinary studies, interactive learning, and technological entrepreneurship. In addition, Lally has continued to expand our global reach and impact. Key elements of our success have been:
Building a dynamic, world-class faculty: Hired eighteen new faculty members since 2005, creating a teaching team of pre-eminent scholars and rising stars.
Creating Unique, Interdisciplinary Graduate Programs Building on Rensselaer’s Technical Strengths Lally has launched new graduate programs in Financial Engineering and Risk Analytics (with 5 Rensselaer departments) and Technology Commercialization and Entrepreneurship (with 12 Rensselaer Departments and Albany Law School) to train the next generation of entrepreneurs and leaders to respond to complex and changing markets.
Expanding our Global Reach and Impact Recognizing that technology is the global ‘language’ of the 21st century, Lally offers a growing portfolio collaborative programs with enterprises and leading academic institutions in the Indian sub-continent, China, Europe, and the Middle East. We welcome a truly international student body and equip our students with the skills to work and compete in a global marketplace.
Supporting an “Innovation Ecosystem” for Technology Commercialization and Emerging Entrepreneurs Lally strives to create an environment that fosters innovation, entrepreneurship and technology commercialization. Lally offers not only relevant coursework, but also connections with the entrepreneurial business community and a dynamic group of entrepreneurs in residence, as well as other out-of-classroom experiences. The Severino Center, our flagship Center of Excellence for entrepreneurial education, has built a local university-community Severino interest group (the “SIG”) with over 900 community members in the Capital District, with similar groups underway in the Silicon Valley and Europe. Lally has also developed a ‘living laboratory’ to support student entrepreneurship and technology commercialization that is called the Innovation Ecosystem, which includes a full spectrum of programs such as the Tech Launch Pad course, the SIG Breakfast and lecture series, Idea2Business, the pre-seed venture plan workshop, the Entrepreneur of the Year celebration, and the Lally Innovation Competition for MBA scholarships (http://www.lallymbacompetition.com).
Cultivating Thought Leadership in Management of Technology Programs like the Lally Innovation Series bring noted industry experts such as New York Stock Exchange Chairman Marshall Carter to campus to speak with Lally students and the Rensselaer community on current business challenges. Lally has also launched two new Centers of Excellence to further research in finance and international business: the International Center for Financial Research and the Center for Global Business and Political Economy.
Anticipating Business Education Trends: In response to market demand and changes in the global economy, Lally continues to innovate by creating accelerated and flexible graduate management degree tracks. For example, Lally has developed programs for early identification and recruiting of leadership talent, admitting a select group of recent undergraduates, as our top-tier competitors do. As part of this effort to recruit top undergrads, Lally continues to expand our co-terminal programs for Rensselaer undergraduates. For established executives, Lally has recently streamlined the Executive MBA program, allowing working professionals to earn an MBA in just 17 months. Finally, we have recently developed a 51-credit hour MBA format, which will allow qualified students to earn an MBA in as little as one year.
For further information on the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
A New One-Year MBA Course of Study
When students begin to weigh their MBA options, they must consider the opportunity costs associated with full-time study. Rensselaer understands that this may be the most significant cost of an MBA. With this in mind, the Lally School of Management & Technology has designed a one-year MBA course schedule to make the best use of a student’s time and money. Students will be completely immersed in their studies for a full year. There will be no break for summer and no extensive break over the holidays. Simply put, The Lally School one-year MBA program will be a full time job for people who are used to working hard and learning quickly. Most certainly it will be challenging, but in one year’s time the student would have earned an MBA from one of the nation’s top-50 ranked universities.
Opportunity Doesn’t Wait.
The flexible, 51-credit program replaces the two year MBA degree program. Only about 90 accredited schools worldwide offer accelerated full-time MBA formats. Patterned after global MBA programs that are the norm outside the U.S., the new Lally 51-credit hour program replaces the school’s previous 2-year MBA degree program.
The new program reflects the growing trend toward accelerated and specialized master’s programs in management education. The demand for intensive, shorter MBA programs, already growing, has only increased during the current economic downturn. According to a recent Wall Street Journal survey of accelerated MBA programs, the primary factor for students in choosing these programs is the ability to enter the work force faster. The Journal reports that only about 90 accredited schools worldwide offer accelerated MBA formats, with many of them only recently adding the option. The majority of current programs are outside the U.S., and international focus is a large draw for many students.
Lally’s introduction of the new program culminates a year of introducing new, focused Master’s programs. Building on its new, interdisciplinary MS programs in Technology Commercialization and Entrepreneurship (TC&E) and Financial Engineering and Risk Analytics (FERA) launched within the last year, Lally’s new intensive MBA program not only offers students an accelerated way to boost their careers, but also reflects the globalization of technology management and the global demand for MBA degrees.
The new program enables students to complete an MBA degree in as little as one year by streamlining elective requirements and offering coursework through the summer and semester intercession periods. All MBA students take 10 required CORE Courses, a choice of 2 “Flex Core” courses, and 5 electives for a total of 51 credits. The new “Flex-Core” option allows students to explore a number of topics in-depth, and electives permit students to focus their training in one of five concentrations: Technological Entrepreneurship, Finance, Information Systems-Operations Management, Marketing-New Product Development, and Global Enterprise Management. Another new feature to the program is the Community Service Practicum course, where MBA students work in teams with faculty advisors to help local, small organizations and promote regional economic development.
The accelerated program will continue to teach Lally’s signature integrated MBA curriculum, which emphasizes the connections between functional business areas, preparing students for real world situations where they will work on teams across business functions such as finance, operations, research & development and marketing.
MBA students can choose from four different program options, ranging from 12 to 24 months, and a wide variety of curricular options to build a customized degree program. For those looking for accelerated training, with a minimum disruption of their career path and maximum value, the 12 month option is the most intensive and shortest degree program. For students who want to gain more work experience or to change careers, internship and specialization modules can be added to create an MBA tailored for each student’s needs and career goals. Customized programs can be completed within 17 to 24 months.
In today’s dynamic global markets, successful professionals need to be nimble, creative problem solvers. This intensive, accelerated one-year MBA program will stretch your imagination and creativity, while preparing you to lead in tomorrow’s business world. If you have a passion for technology, and a keen interest in learning about how business truly works, the Lally MBA is designed for you. Rensselaer’s long tradition and global reputation in engineering and technology create the perfect platform for the Lally MBA program’s unique educational experience. Lally’s innovative curriculum provides you not only with relevant business skills, but also with critical expertise in launching, running, and growing a successful business.
Global. Immersive. Focused.
Students are joined from over 16 different nationalities in an immersive educational experience that reflects how businesses manage innovation. This knowledge is then applied to industry-focused team projects in courses such as:
-Creating and Managing an Enterprise
-Business Implications of Emerging Technologies
-Design, Manufacturing, and Marketing
-Strategy, Technology, and Competition
Whatever you choose to do, the Lally MBA will provide you with the knowledge, experience, and connections to get you there. Like the global landscape, acceptance into the Lally School of Management & Technology’s MBA program is highly competitive. As a graduate you will become a part of a prestigious community of scholars. Whether inventing e-mail or building bridges, our graduates have shaped the technological, cultural and societal platforms of the world. The Lally School’s one-year MBA program is designed for those select individuals who have the vision and desire to make a difference.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East. To acquire further information and details regarding the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
When students begin to weigh their MBA options, they must consider the opportunity costs associated with full-time study. Rensselaer understands that this may be the most significant cost of an MBA. With this in mind, the Lally School of Management & Technology has designed a one-year MBA course schedule to make the best use of a student’s time and money. Students will be completely immersed in their studies for a full year. There will be no break for summer and no extensive break over the holidays. Simply put, The Lally School one-year MBA program will be a full time job for people who are used to working hard and learning quickly. Most certainly it will be challenging, but in one year’s time the student would have earned an MBA from one of the nation’s top-50 ranked universities.
Opportunity Doesn’t Wait.
The flexible, 51-credit program replaces the two year MBA degree program. Only about 90 accredited schools worldwide offer accelerated full-time MBA formats. Patterned after global MBA programs that are the norm outside the U.S., the new Lally 51-credit hour program replaces the school’s previous 2-year MBA degree program.
The new program reflects the growing trend toward accelerated and specialized master’s programs in management education. The demand for intensive, shorter MBA programs, already growing, has only increased during the current economic downturn. According to a recent Wall Street Journal survey of accelerated MBA programs, the primary factor for students in choosing these programs is the ability to enter the work force faster. The Journal reports that only about 90 accredited schools worldwide offer accelerated MBA formats, with many of them only recently adding the option. The majority of current programs are outside the U.S., and international focus is a large draw for many students.
Lally’s introduction of the new program culminates a year of introducing new, focused Master’s programs. Building on its new, interdisciplinary MS programs in Technology Commercialization and Entrepreneurship (TC&E) and Financial Engineering and Risk Analytics (FERA) launched within the last year, Lally’s new intensive MBA program not only offers students an accelerated way to boost their careers, but also reflects the globalization of technology management and the global demand for MBA degrees.
The new program enables students to complete an MBA degree in as little as one year by streamlining elective requirements and offering coursework through the summer and semester intercession periods. All MBA students take 10 required CORE Courses, a choice of 2 “Flex Core” courses, and 5 electives for a total of 51 credits. The new “Flex-Core” option allows students to explore a number of topics in-depth, and electives permit students to focus their training in one of five concentrations: Technological Entrepreneurship, Finance, Information Systems-Operations Management, Marketing-New Product Development, and Global Enterprise Management. Another new feature to the program is the Community Service Practicum course, where MBA students work in teams with faculty advisors to help local, small organizations and promote regional economic development.
The accelerated program will continue to teach Lally’s signature integrated MBA curriculum, which emphasizes the connections between functional business areas, preparing students for real world situations where they will work on teams across business functions such as finance, operations, research & development and marketing.
MBA students can choose from four different program options, ranging from 12 to 24 months, and a wide variety of curricular options to build a customized degree program. For those looking for accelerated training, with a minimum disruption of their career path and maximum value, the 12 month option is the most intensive and shortest degree program. For students who want to gain more work experience or to change careers, internship and specialization modules can be added to create an MBA tailored for each student’s needs and career goals. Customized programs can be completed within 17 to 24 months.
In today’s dynamic global markets, successful professionals need to be nimble, creative problem solvers. This intensive, accelerated one-year MBA program will stretch your imagination and creativity, while preparing you to lead in tomorrow’s business world. If you have a passion for technology, and a keen interest in learning about how business truly works, the Lally MBA is designed for you. Rensselaer’s long tradition and global reputation in engineering and technology create the perfect platform for the Lally MBA program’s unique educational experience. Lally’s innovative curriculum provides you not only with relevant business skills, but also with critical expertise in launching, running, and growing a successful business.
Global. Immersive. Focused.
Students are joined from over 16 different nationalities in an immersive educational experience that reflects how businesses manage innovation. This knowledge is then applied to industry-focused team projects in courses such as:
-Creating and Managing an Enterprise
-Business Implications of Emerging Technologies
-Design, Manufacturing, and Marketing
-Strategy, Technology, and Competition
Whatever you choose to do, the Lally MBA will provide you with the knowledge, experience, and connections to get you there. Like the global landscape, acceptance into the Lally School of Management & Technology’s MBA program is highly competitive. As a graduate you will become a part of a prestigious community of scholars. Whether inventing e-mail or building bridges, our graduates have shaped the technological, cultural and societal platforms of the world. The Lally School’s one-year MBA program is designed for those select individuals who have the vision and desire to make a difference.
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East. To acquire further information and details regarding the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
Monday, May 31, 2010
Start at the edge and go to the top at the Lally School of Management & Technology
Your job is fine, as far as it goes. But you want to lead. You also know tomorrow’s leader will be completely different from yesterday’s. And only tomorrow’s leader will get to the top. How do you become that person? You get there by earning your MBA from the Lally School of Management and Technology. The Lally MBA is a highly selective program that doesn’t respond to market needs, but predicts them. A program that works like tomorrow’s business with its emphasis on technology, innovation and entrepreneurship and immerses you in it from Day One.
How will the world work tomorrow?
Tomorrow’s business is already emerging, and it is vastly different from anything the world has seen so far. Managers routinely cross disciplines. Technology is all-important. Anything worth doing is done by teams. Innovation is required. Everything is global, yet the spirit of collaboration drives businesses to create new “centers of innovation.”
How will you work at Lally?
The Lally School’s entire structure mirrors the shape of tomorrow’s business. The curriculum forces you to think across many disciplines, while learning the fundamentals of each. Most of your work happens in teams. Student-directed projects allow you to take charge. You’ll constantly have to think globally and work with students and faculty from all over the world. You’ll study in Tech Valley, a burgeoning center of innovation in New York State of which Rensselaer is a cornerstone.
What will you look like when you graduate?
You will look like someone equipped to lead. You will have the skill set, the flexibility of thought, the global perspective, and the passion for innovation to get to the top of tomorrow’s business. And you will find abundant opportunities to use those strengths.Lally MBA graduates have gone on to leadership in such global giants as IBM, Citigroup, and American Express. Others, true to the Lally spirit of enterprise, have launched exceptionally successful ventures of their own.
Immerse yourself in Lally: Not just courses. Streams of knowledge
From the first day in the Lally MBA program, something will seem different. Your morning class might deal not with accounting or marketing specifically, but with what it takes to create and manage an enterprise and the business aspects of emerging technologies. Behind this approach is our focus on “streams of knowledge”: concepts that cross disciplines to address the most pressing issues of tomorrow’s business. For two years, you will explore how organizations leverage technology, innovate over their life cycle, and use the spirit of enterprise to make things happen. Of course, you will graduate knowing the essentials of finance, marketing, operations, and other disciplines. But by studying “streams of knowledge,” you will be able to synergize those disciplines to create new value-added solutions.
Lally: One classroom, many professors.
Because our classes cross disciplines, so do our teaching teams. MBA classes include professors in a range of fields, from design and manufacturing to marketing and finance. Among these professors are both distinguished researchers and clinical faculty who have excelled in business themselves. Together, they bring a blended learning approach that combines state-of-the-art abstract concepts with practical insights into contemporary business practices. And the program’s small size enables you to make the most of their expertise. As a result of this approach, you explore each issue from every angle. In the process, you encounter the environment you will face after graduation and learn how to succeed in it.
Technology. Innovation. Entrepreneurship.
More than anything, the Lally School MBA is about technology, entrepreneurship and innovation: leading the way to introduce new technologies and solutions to relevant markets. This is why Lally will ask you to take charge during your course of study:
• Taking the lead in creating business plans, technology assessments, competitive analyses and other key initiatives.
• Working intensively in teams with other students, all of whom hold solid business experience.
• Working on actual business projects for established and startup companies alike, especially in “Managing on the Edge,” which places you in challenging, unpredictable experiences to test what you have learned.
• Exploring the business implications of such fields as nanotechnology, biotechnology and information technology. At Lally, technology takes center stage.
Technology leads to collaboration and collaboration crosses borders.
For that reason, the Lally experience is a global experience. While here, you will explore how business is conducted in other countries. You will take a virtual course with students in places like India, China, and Ukraine. You will encounter students, MBA candidates and others, from nearly every spot on earth.
In the process, you will find yourself not just accepting diversity, but living it. It is essential for anyone who wants to succeed in tomorrow’s world.
Who should apply to Lally?
As a small, highly selective MBA program, we seek candidates with excellent academic credentials, insatiable curiosity and professional work experience. Our typical students earned a 3.0 GPA during their undergraduate years and scored 630 on the GMAT. They have spent ample time in the workplace and are driven to move forward. These attributes, together with the global and educational diversity of our student body, make the Lally MBA experience unlike any other.
Get ready for the rest of your career.
When you complete the Lally MBA program, you will have the abilities you need to succeed in tomorrow’s business: a flair of innovation, the elan of an entrepreneur, the ability to move boldly across disciplines and borders and the inner resources to take charge in the face of technological change.
How do you start?
Contact the Lally Admissions office to learn more about the Lally MBA program, schedule a campus tour, sit in on a class or attend an open house: www.lallyschool.rpi.edu
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East.
About Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelors, masters, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.
Your job is fine, as far as it goes. But you want to lead. You also know tomorrow’s leader will be completely different from yesterday’s. And only tomorrow’s leader will get to the top. How do you become that person? You get there by earning your MBA from the Lally School of Management and Technology. The Lally MBA is a highly selective program that doesn’t respond to market needs, but predicts them. A program that works like tomorrow’s business with its emphasis on technology, innovation and entrepreneurship and immerses you in it from Day One.
How will the world work tomorrow?
Tomorrow’s business is already emerging, and it is vastly different from anything the world has seen so far. Managers routinely cross disciplines. Technology is all-important. Anything worth doing is done by teams. Innovation is required. Everything is global, yet the spirit of collaboration drives businesses to create new “centers of innovation.”
How will you work at Lally?
The Lally School’s entire structure mirrors the shape of tomorrow’s business. The curriculum forces you to think across many disciplines, while learning the fundamentals of each. Most of your work happens in teams. Student-directed projects allow you to take charge. You’ll constantly have to think globally and work with students and faculty from all over the world. You’ll study in Tech Valley, a burgeoning center of innovation in New York State of which Rensselaer is a cornerstone.
What will you look like when you graduate?
You will look like someone equipped to lead. You will have the skill set, the flexibility of thought, the global perspective, and the passion for innovation to get to the top of tomorrow’s business. And you will find abundant opportunities to use those strengths.Lally MBA graduates have gone on to leadership in such global giants as IBM, Citigroup, and American Express. Others, true to the Lally spirit of enterprise, have launched exceptionally successful ventures of their own.
Immerse yourself in Lally: Not just courses. Streams of knowledge
From the first day in the Lally MBA program, something will seem different. Your morning class might deal not with accounting or marketing specifically, but with what it takes to create and manage an enterprise and the business aspects of emerging technologies. Behind this approach is our focus on “streams of knowledge”: concepts that cross disciplines to address the most pressing issues of tomorrow’s business. For two years, you will explore how organizations leverage technology, innovate over their life cycle, and use the spirit of enterprise to make things happen. Of course, you will graduate knowing the essentials of finance, marketing, operations, and other disciplines. But by studying “streams of knowledge,” you will be able to synergize those disciplines to create new value-added solutions.
Lally: One classroom, many professors.
Because our classes cross disciplines, so do our teaching teams. MBA classes include professors in a range of fields, from design and manufacturing to marketing and finance. Among these professors are both distinguished researchers and clinical faculty who have excelled in business themselves. Together, they bring a blended learning approach that combines state-of-the-art abstract concepts with practical insights into contemporary business practices. And the program’s small size enables you to make the most of their expertise. As a result of this approach, you explore each issue from every angle. In the process, you encounter the environment you will face after graduation and learn how to succeed in it.
Technology. Innovation. Entrepreneurship.
More than anything, the Lally School MBA is about technology, entrepreneurship and innovation: leading the way to introduce new technologies and solutions to relevant markets. This is why Lally will ask you to take charge during your course of study:
• Taking the lead in creating business plans, technology assessments, competitive analyses and other key initiatives.
• Working intensively in teams with other students, all of whom hold solid business experience.
• Working on actual business projects for established and startup companies alike, especially in “Managing on the Edge,” which places you in challenging, unpredictable experiences to test what you have learned.
• Exploring the business implications of such fields as nanotechnology, biotechnology and information technology. At Lally, technology takes center stage.
Technology leads to collaboration and collaboration crosses borders.
For that reason, the Lally experience is a global experience. While here, you will explore how business is conducted in other countries. You will take a virtual course with students in places like India, China, and Ukraine. You will encounter students, MBA candidates and others, from nearly every spot on earth.
In the process, you will find yourself not just accepting diversity, but living it. It is essential for anyone who wants to succeed in tomorrow’s world.
Who should apply to Lally?
As a small, highly selective MBA program, we seek candidates with excellent academic credentials, insatiable curiosity and professional work experience. Our typical students earned a 3.0 GPA during their undergraduate years and scored 630 on the GMAT. They have spent ample time in the workplace and are driven to move forward. These attributes, together with the global and educational diversity of our student body, make the Lally MBA experience unlike any other.
Get ready for the rest of your career.
When you complete the Lally MBA program, you will have the abilities you need to succeed in tomorrow’s business: a flair of innovation, the elan of an entrepreneur, the ability to move boldly across disciplines and borders and the inner resources to take charge in the face of technological change.
How do you start?
Contact the Lally Admissions office to learn more about the Lally MBA program, schedule a campus tour, sit in on a class or attend an open house: www.lallyschool.rpi.edu
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East.
About Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelors, masters, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.
The Lally School of Management & Technology
Entrepreneurship: The Lally School has a strong tradition of developing entrepreneurs who create new ventures or bring their entrepreneurial management skills to established organizations. By combining theory and practice in the classroom and providing ample opportunities for students to interact with experienced entrepreneurs, the Lally School enables students to understand and appreciate how a new business is born.
The Servino Center for Technological Entrepreneurship at the Lally School is the focal point for both scholarship and learning and serves as a bridge to the Rensselaer Incubator and Technology Park. Students participate in lectures and discussions through annual events, such as the Women in Entrepreneurship Symposium, Women of Diversity Entrepreneurship Conference, the Biotechnology Management Entrepreneurship Conference and other major events that include both the entire Rensselaer university community and the fast growth companies from the Tech Valley region.
Innovation: In today’s global business environment even small and medium sized enterprises take on international markets. Globalization of business has changed the playing field as well as the rules of engagement. Being able to manage technology with both transnational and national settings has become an increasingly critical skill, as the process of innovation and technological discovery has become a truly global experience. Highly focused, multinational business teams are working in North America, Asia and Europe on a 24/7 basis as the requirement of staying competitive necessitate nonstop innovation. The Lally School is particularly adept at training individuals to address these multiple challenges on a global stage.
Business Leaders: Lally School graduates are business leaders, well prepared to guide organizations in the integration of strategy, marketing and technology for the development of socially responsible products and services, new business models and new operational systems.
Management: The Management program at the Lally School provides a fundamental education in the traditional disciplines of management with a strong focus on integrated systems. Required and specialized courses are coordinated and linked. Functional management courses utilize methodologies introduced in specialized technical courses while building on the cases and examples introduced in other classes. The management major emphasizes how to apply new technologies to improve organization effectiveness and efficiency.
Concentrations: Students are encouraged to select one or more sequences of courses in an area of concentration. These concentrations provide students the opportunity to pursue their career interests.
- Financial systems
- Management information systems
- Marketing systems
- Technological entrepreneurship
Co-op Assingments:
- Management of information systems, IRS
- Marketing and sales, Albany River Rats Ice Hockey
- Off channel productions, MTV Networks
- Operations management, General Electric
Undergraduate Programs: The core sequences prepare students to assume a leadership role in a rapidly changing technological society. The management sequence emphasizes basic business skills including finance, marketing, computing and operations. The math and science sequence provides a strong background in quantitative analysis, while courses in the humanitites and social sciences heighten the students appreciation for significant societal issues. Throughout the program, the topics introduced in various courses are integrated to broaden the student’s decision making competencies.
Career and Graduate Options:
- Accounting
- Finance
- General management
- Information systems
- Law
- Management of information systems
- Marketing
- New product development
- Operations and production
- Strategy
Students in the Lally School address the unique managerial issues and organizational challenges associated with working in an international business setting. Students are encouraged to expand beyond the classroom and to enhance their international perspectives by participating in study programs abroad.
Direct From the Dean: To quote David Gautschi, Dean of The Lally School, “The Lally School is uniquely positioned to educate leaders for the global, technology-driven marketplace of the 21st century. Our students acquire the tools and skills to formulate effective strategies for decision-making in tomorrow’s complex and dynamic business climate. Our mission is clearly an ambitious one. Students who choose the Lally School do so because they are drawn to our innovative approach, working on the frontiers of business and technology. In fact, the content and structure of our curriculum are designed to educate individuals who are agile and creative problem-solvers prepared to tackle 21st century business challenges”.
What’s Hot in Management and Technology at Lally:
- The Servino Center for Technological Entrepreneurship
- Rensselaer Incubator Center
- Archer Center for Student Leadership Development:providing skill-based,interactive leadership education for students
- Tech Valley Collegiate Plan competition
- The Lally Innovation Competition
- Undergraduate Research Program
The Lally School of Management and Technology also offers an accelerated law program preparing students to handle the complex legal and managerial issues of today’s technological society.
For more details on the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
Entrepreneurship: The Lally School has a strong tradition of developing entrepreneurs who create new ventures or bring their entrepreneurial management skills to established organizations. By combining theory and practice in the classroom and providing ample opportunities for students to interact with experienced entrepreneurs, the Lally School enables students to understand and appreciate how a new business is born.
The Servino Center for Technological Entrepreneurship at the Lally School is the focal point for both scholarship and learning and serves as a bridge to the Rensselaer Incubator and Technology Park. Students participate in lectures and discussions through annual events, such as the Women in Entrepreneurship Symposium, Women of Diversity Entrepreneurship Conference, the Biotechnology Management Entrepreneurship Conference and other major events that include both the entire Rensselaer university community and the fast growth companies from the Tech Valley region.
Innovation: In today’s global business environment even small and medium sized enterprises take on international markets. Globalization of business has changed the playing field as well as the rules of engagement. Being able to manage technology with both transnational and national settings has become an increasingly critical skill, as the process of innovation and technological discovery has become a truly global experience. Highly focused, multinational business teams are working in North America, Asia and Europe on a 24/7 basis as the requirement of staying competitive necessitate nonstop innovation. The Lally School is particularly adept at training individuals to address these multiple challenges on a global stage.
Business Leaders: Lally School graduates are business leaders, well prepared to guide organizations in the integration of strategy, marketing and technology for the development of socially responsible products and services, new business models and new operational systems.
Management: The Management program at the Lally School provides a fundamental education in the traditional disciplines of management with a strong focus on integrated systems. Required and specialized courses are coordinated and linked. Functional management courses utilize methodologies introduced in specialized technical courses while building on the cases and examples introduced in other classes. The management major emphasizes how to apply new technologies to improve organization effectiveness and efficiency.
Concentrations: Students are encouraged to select one or more sequences of courses in an area of concentration. These concentrations provide students the opportunity to pursue their career interests.
- Financial systems
- Management information systems
- Marketing systems
- Technological entrepreneurship
Co-op Assingments:
- Management of information systems, IRS
- Marketing and sales, Albany River Rats Ice Hockey
- Off channel productions, MTV Networks
- Operations management, General Electric
Undergraduate Programs: The core sequences prepare students to assume a leadership role in a rapidly changing technological society. The management sequence emphasizes basic business skills including finance, marketing, computing and operations. The math and science sequence provides a strong background in quantitative analysis, while courses in the humanitites and social sciences heighten the students appreciation for significant societal issues. Throughout the program, the topics introduced in various courses are integrated to broaden the student’s decision making competencies.
Career and Graduate Options:
- Accounting
- Finance
- General management
- Information systems
- Law
- Management of information systems
- Marketing
- New product development
- Operations and production
- Strategy
Students in the Lally School address the unique managerial issues and organizational challenges associated with working in an international business setting. Students are encouraged to expand beyond the classroom and to enhance their international perspectives by participating in study programs abroad.
Direct From the Dean: To quote David Gautschi, Dean of The Lally School, “The Lally School is uniquely positioned to educate leaders for the global, technology-driven marketplace of the 21st century. Our students acquire the tools and skills to formulate effective strategies for decision-making in tomorrow’s complex and dynamic business climate. Our mission is clearly an ambitious one. Students who choose the Lally School do so because they are drawn to our innovative approach, working on the frontiers of business and technology. In fact, the content and structure of our curriculum are designed to educate individuals who are agile and creative problem-solvers prepared to tackle 21st century business challenges”.
What’s Hot in Management and Technology at Lally:
- The Servino Center for Technological Entrepreneurship
- Rensselaer Incubator Center
- Archer Center for Student Leadership Development:providing skill-based,interactive leadership education for students
- Tech Valley Collegiate Plan competition
- The Lally Innovation Competition
- Undergraduate Research Program
The Lally School of Management and Technology also offers an accelerated law program preparing students to handle the complex legal and managerial issues of today’s technological society.
For more details on the Lally School of Management & Technology visit: http://www.lallyschool.rpi.edu
Thursday, May 27, 2010
The Lally School of Management & Technology at Rensselaer Polytechnic Institute has announced the launch of its new full time, one year MBA Program. Patterned after global MBA programs that are the norm outside the U.S., the new 51-credit hour program replaces the school’s previous 2-year MBA degree program. A new Pathfinder MBA Option for qualifying students is available for recent undergraduates, and replaces the previous Pathfinder MBA program.
The new MBA program was developed by a senior faculty committee comprised of Lally Dean David A. Gautschi, Dr. Jeffrey F. Durgee, Associate Dean for Academic Programs and Associate Professor of Marketing, Dr. Iftekhar Hasan, Cary L. Wellington Professor of Finance, and Dr. T. Ravichandran, Associate Professor of Information Systems and Operations Management.
The new program reflects the growing trend toward accelerated and specialized master’s programs in management education. The demand for intensive, shorter MBA programs, already growing, has only increased during the current economic downturn. According to a recent Wall Street Journal survey of accelerated MBA programs, the primary factor for students in choosing these programs is the ability to enter the work force faster. The Journal reports that only about 90 accredited schools worldwide offer accelerated MBA formats, with many of them only recently adding the option. The majority of current programs are outside the U.S., and international focus is a large draw for many students.
Lally’s introduction of the new program culminates a year of introducing new, focused Master’s programs. Building on its new, interdisciplinary MS programs in Technology Commercialization and Entrepreneurship (TC&E) and Financial Engineering and Risk Analytics (FERA) launched within the last year, Lally’s new intensive MBA program not only offers students an accelerated way to boost their careers, but also reflects the globalization of technology management and the global demand for MBA degrees.
The accelerated program will continue to teach Lally’s signature integrated MBA curriculum, which emphasizes the connections between functional business areas, preparing students for real world situations where they will work on teams across business functions such as finance, operations, research & development and marketing.
MBA students can choose from four different program options, ranging from 12 to 24 months, and a wide variety of curricular options to build a customized degree program. For those looking for accelerated training, with a minimum disruption of their career path and maximum value, the 12 month option is the most intensive and shortest degree program. For students who want to gain more work experience or to change careers, internship and specialization modules can be added to create an MBA tailored for each student’s needs and career goals. Customized programs can be completed within 17 to 24 months.
The Lally Innovation Competition
As the business school of Rensselaer Polytechnic Institute, the Lally School is particularly interested in ideas that demonstrate innovative commercial enterprises that “apply science to the common purposes of man.” The Lally Innovation Competition was started in 2009 in order to attract the most creative and entrepreneurial minds to the MBA program. As part of Lally’s ongoing commitment to support budding entrepreneurs and nurture the spirit of game-changing innovation, all Lally MBA applicants are invited to submit proposals to the competition, which awards tuition scholarships with a value of up to $60,000 to the full-time MBA program. The Competition is one of the school’s many initiatives that support entrepreneurial ideas for Societal Benefit and Economic Development.
Entries will be accepted online, and competitors may also review the entry requirements at: Lally School
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East.
About Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelors, masters, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.
The new MBA program was developed by a senior faculty committee comprised of Lally Dean David A. Gautschi, Dr. Jeffrey F. Durgee, Associate Dean for Academic Programs and Associate Professor of Marketing, Dr. Iftekhar Hasan, Cary L. Wellington Professor of Finance, and Dr. T. Ravichandran, Associate Professor of Information Systems and Operations Management.
The new program reflects the growing trend toward accelerated and specialized master’s programs in management education. The demand for intensive, shorter MBA programs, already growing, has only increased during the current economic downturn. According to a recent Wall Street Journal survey of accelerated MBA programs, the primary factor for students in choosing these programs is the ability to enter the work force faster. The Journal reports that only about 90 accredited schools worldwide offer accelerated MBA formats, with many of them only recently adding the option. The majority of current programs are outside the U.S., and international focus is a large draw for many students.
Lally’s introduction of the new program culminates a year of introducing new, focused Master’s programs. Building on its new, interdisciplinary MS programs in Technology Commercialization and Entrepreneurship (TC&E) and Financial Engineering and Risk Analytics (FERA) launched within the last year, Lally’s new intensive MBA program not only offers students an accelerated way to boost their careers, but also reflects the globalization of technology management and the global demand for MBA degrees.
The new program enables students to complete an MBA degree in as little as one year by streamlining elective requirements and offering coursework through the summer and semester intercession periods. All MBA Students take 10 required CORE Courses, a choice of 2 “Flex Core” courses, and 5 electives for a total of 51 credits. The new “Flex-Core” option allows students to explore a number of topics in-depth, and electives permit students to focus their training in one of five concentrations: Technological Entrepreneurship, Finance, Information Systems-Operations Management, Marketing-New Product Development, and Global Enterprise Management. Another new feature to the program is the Community Service Practicum course, where MBA students work in teams with faculty advisors to help local small organizations and promote regional economic development.
The accelerated program will continue to teach Lally’s signature integrated MBA curriculum, which emphasizes the connections between functional business areas, preparing students for real world situations where they will work on teams across business functions such as finance, operations, research & development and marketing.
MBA students can choose from four different program options, ranging from 12 to 24 months, and a wide variety of curricular options to build a customized degree program. For those looking for accelerated training, with a minimum disruption of their career path and maximum value, the 12 month option is the most intensive and shortest degree program. For students who want to gain more work experience or to change careers, internship and specialization modules can be added to create an MBA tailored for each student’s needs and career goals. Customized programs can be completed within 17 to 24 months.
The Lally Innovation Competition
As the business school of Rensselaer Polytechnic Institute, the Lally School is particularly interested in ideas that demonstrate innovative commercial enterprises that “apply science to the common purposes of man.” The Lally Innovation Competition was started in 2009 in order to attract the most creative and entrepreneurial minds to the MBA program. As part of Lally’s ongoing commitment to support budding entrepreneurs and nurture the spirit of game-changing innovation, all Lally MBA applicants are invited to submit proposals to the competition, which awards tuition scholarships with a value of up to $60,000 to the full-time MBA program. The Competition is one of the school’s many initiatives that support entrepreneurial ideas for Societal Benefit and Economic Development.
Entries will be accepted online, and competitors may also review the entry requirements at: Lally School
About the Lally School of Management & Technology
The Lally School of Management & Technology was founded in 1963 as an integral part of Rensselaer Polytechnic Institute, America’s oldest technological university. Building on Rensselaer's world-class facilities and leadership in science and engineering, Lally is dedicated to advancing business through innovation. Lally offers graduate, doctoral and undergraduate degree programs in management, and an executive MBA program. Lally’s programs focus on the strategic management of technology and creating value through innovation and entrepreneurship. Located in New York’s Tech Valley, Lally offers a growing portfolio of collaborative programs with enterprises and academic institutions in the Indian sub-continent, China, Europe, and the Middle East.
About Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute, founded in 1824, is the nation’s oldest technological university. The university offers bachelors, masters, and doctoral degrees in engineering, the sciences, information technology, architecture, management, and the humanities and social sciences. Institute programs serve undergraduates, graduate students, and working professionals around the world. Rensselaer faculty are known for pre-eminence in research conducted in a wide range of fields, with particular emphasis in biotechnology, nanotechnology, information technology, and the media arts and technology. The Institute is well known for its success in the transfer of technology from the laboratory to the marketplace so that new discoveries and inventions benefit human life, protect the environment, and strengthen economic development.
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