Detailed Information
Programs of Study
The Lally School of Management and Technology graduates technologically sophisticated business leaders who are prepared to guide their organizations in the integration of technology for new products, businesses, and systems. An M.B.A., an Executive M.B.A., a Master of Science, specialized certificate programs, and a Ph.D. program are offered. The Lally School is accredited by AACSB International–The Association to Advance Collegiate Schools of Business. The Lally M.B.A. program prepares business leaders with the skills and thinking that are essential for meeting the day-to-day, real-world challenges of running a business within the evolving dynamics of the global economy. Through experiential hands-on instruction, students acquire an overall understanding of the new sources of value creation brought about by the convergence of globalization and the information technology (IT) revolution.
The curriculum is built on streams of knowledge, enabling students to gain critical expertise in launching, running, and growing a successful business: creating and managing an enterprise; value creation, managing networks, and driving innovation; developing innovative products and services; formulating and executing competitive business strategies; and managing the business implications of emerging technologies. These streams of knowledge focus on evaluating critical business issues in today’s global marketplace and integrating all discrete business functions, from finance and operations to global marketing and supply chain management.
To ensure that each M.B.A. student graduates with the necessary in-depth business skills, key modules complement the streams of knowledge. Modules include global business, decision models, social responsibility and business ethics, and succeeding in knowledge-intensive organizations. Students also have the opportunity to specialize in one of five areas: strategy and entrepreneurship, management of information systems, finance, new product development and marketing, and production and operations management.
The three-year Pathfinder M.B.A. program at the Lally School of Management and Technology is designed for the recent graduating senior of an engineering, science, or math program. Students in the Pathfinder M.B.A. program attend M.B.A. classes on the Rensselaer campus for the first year of the program; get paid experience during the second year through participation in a one-year co-op in the U.S. or abroad; and, in the third year, return to campus to complete the M.B.A. program. Classes and the co-op program reflect the tenets of a Lally School education: Experience in global innovation and technological entrepreneurship.
The Master of Science in management is a focused degree for students with professional experience. Students may also pursue an M.S. in management with a special focus in technology commercialization and entrepreneurship or financial engineering and analytics.
The Ph.D. program is designed for students with superior abilities, a technological orientation, and interest in a career as an educator, researcher, or professional specialist. Interdisciplinary graduate programs include those leading to the Ph.D. degree in decision sciences and engineering systems, operations research and statistics, manufacturing systems engineering, and industrial and management engineering.
Research Facilities
The Lally School of Management and Technology houses the Paul J. ’69 and Kathleen M. Severino Center for Technological Entrepreneurship. The Severino Center was created to assist entrepreneurs in setting the stage for the technological breakthroughs necessary for long-term sustainability for corporations and start-ups alike. The International Center for Financial Research examines financial engineering and analytics, financial modeling, the impact of information technology on financial markets, and entrepreneurial finance.
The Pittsburgh Building is a state-of-the-art facility in a historic building that serves as the home of the Lally School. Fully networked, it contains computer-interactive classrooms. The Rensselaer Research Libraries provide the university community with information resources and services in support of both teaching and research missions. Researchers can access more than 400,000 print volumes, 40,000 electronic and print journals, and 32,000 electronic books and view several extensive image databases. When researchers need material that is not held by one of the Research Libraries, they can initiate online interlibrary loan requests or use the Connect NY service to borrow books directly—and receive rapid delivery—from a statewide consortium holding more than 5 million items.
Financial Aid
Financial aid is available in the forms of teaching and research assistantships and fellowships, which include tuition scholarships and stipends. Rensselaer assistantships cover the academic year, with summer support available in many departments. University, corporate, or national fellowships fund many of Rensselaer’s full-time graduate students. Outstanding students may qualify for university-sponsored Rensselaer Graduate Fellowship Awards, which carry a minimum stipend of $22,000 and a full-tuition-and-fees scholarship. All fellowship awards are calendar-year awards for full-time graduate students. Low-interest, deferred-repayment graduate loans are available to U.S. citizens with demonstrated need.
Cost of Study
Full-time graduate tuition for the 2008–09 academic year is $36,950. Other costs (estimated living expenses, insurance, etc.) are projected to be about $13,680. Therefore, the cost of attendance for full-time graduate study is approximately $50,630. Part-time study and cohort programs are priced differently. Students should contact Rensselaer for specific cost information related to the programs they wish to study.
Living and Housing Costs
Graduate students at Rensselaer may choose from a variety of housing options. On campus, students can select one of the many residence halls and immerse themselves in campus life or choose from a select number of apartments designed for graduate students only. There are abundant, affordable options off campus as well, many within easy walking distance.
Student Group
Of the 1,176 graduate students, 29 percent are women, and 92 percent are full-time with 75 percent of full-time graduate students studying at the doctoral level.
Student Outcomes
Rensselaer’s graduate students are hired in a variety of industries and sectors of the economy and by private and public organizations, the government, and institutions of higher education. Their starting salaries average $74,807 for master’s degree recipients and $82,750 for Ph.D. recipients.
Location
Located just 10 miles northeast of Albany, New York State’s capital city, Rensselaer’s historic 275-acre campus sits on a hill overlooking the city of Troy, New York, and the Hudson River. The area offers a relaxed lifestyle with many cultural and recreational opportunities, with easy access to both the high-energy metropolitan centers of the Northeast—such as Boston, New York City, and Montreal, Canada—and the quiet beauty of the neighboring Adirondack mountains.
The Institute
Recognized as a leader in interactive learning and interdisciplinary research, Rensselaer continues a tradition of excellence and technological innovation dating back to 1824. Rensselaer has five schools—Architecture, Engineering, Management, Science, and Humanities and Social Sciences—that offer more than 100 graduate programs in over forty-eight disciplines that attract top students, researchers, and professors. The discovery of new scientific concepts and technologies, especially in emerging interdisciplinary fields, is the lifeblood of Rensselaer’s culture and a core goal for the faculty, staff, and students. Fueled by significant support from government, industry, and private donors, Rensselaer provides a world-class education in an environment tailored to the individual.
Applying
Applications and all supporting credentials should be submitted well in advance of the preferred semester of entry to allow sufficient time for departmental review and processing. Since the first departmental awards are made in early February for the next academic year, applicants are encouraged to submit all required credentials by January 1 to ensure full consideration for admission and assistance. Late applications are considered only with departmental approval, though M.B.A. applications are generally accepted beyond the January deadline.
The Faculty and Their Research
- Professors
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Robert A. Baron, Dean R. Wellington ’83 Professorship in Management; Ph.D., Iowa. Organizational behavior, entrepreneurship.
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Daniel Berg, Ph.D., Yale. Information systems and operations management.
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David A. Gautschi, Dean; Ph.D., Berkeley. Marketing, economics.
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Iftekar Hasan, Ph.D., Houston. Finance.
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Albert S. Paulson, Frank and Lillian Gilbreth Professor in the Technologies of Management; Ph.D., Virginia Tech. Operations research and statistics, risk management and investment analysis.
- Clinical Professors
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Pier A. Abetti, Ph.D., IIT; PE. Management of technology, international business development and strategic planning, entrepreneurship.
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Jonathan Story, Ph.D., Johns Hopkins. European integration, transition economics, international and comparative political economy.
- Associate Professors
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Jeffrey Durgee, Ph.D., Pittsburgh. Marketing research and advertising.
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Bill Francis, Ph.D., Toronto. Corporate finance, international finance and economics.
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David H. Goldenberg, Ph.D., Florida. Investments, derivatives markets, mathematical and computational finance.
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Chris McDermott, Ph.D., North Carolina at Chapel Hill. Manufacturing strategy, operations management.
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Satish Nambisan, Ph.D., Syracuse. Information systems.
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Gina O’Connor, Ph.D., NYU. Marketing, product management.
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Lois S. Peters, Ph.D., NYU. Science and technology policy, innovation and R&D management, entrepreneurship, organization theory, international business.
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Thiagarajan Ravichandran, Ph.D., Southern Illinois at Carbondale. Management information systems.
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Susan S. Sanderson, Ph.D., Pittsburgh. International business, manufacturing policy, new product development.
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Robert Veryzer, Ph.D., Florida. Marketing and consumer behavior.
- Clinical Associate Professors
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T. Triscari, Ph.D., Rensselaer. Information systems.
- Assistant Professors
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L. Chi, Ph.D., Kentucky. Telecommunications and computer networks.
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A. Choo, Ph.D., Minnesota, Twin Cities. Operations management, knowledge management, operations strategy.
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A. Corbett, Ph.D., Colorado at Boulder. Entrepreneurship.
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A. Cui, Ph.D., Michigan State. Marketing strategy and innovation.
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T. Golden, Ph.D., Connecticut. Organizational behavior, human resource management.
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D. L. Huang, Ph.D., Texas at Dallas. Econometrics, marketing science.
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Y. Jiao, Ph.D., Boston College. Corporate and entrepreneurial finance.
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J. Kuruzovich, Ph.D., Maryland. Information systems.
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D. Markovich, Ph.D., NYU. Finance, marketing.
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J. O’Brien, Ph.D., Purdue. Strategic management, mergers and acquisitions.
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J. C. Park, Ph.D., Carnegie Mellon. Corporate finance, financial accounting and reporting.
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W. Tracy, Ph.D., UCLA. Strategic management and agent-based modeling.
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M. Yayla-Kulu, Ph.D., North Carolina at Chapel Hill. Economics.
- Clinical Assistant Professors
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F. Wright, M.S.E.E., Naval Postgraduate School. General management, manufacturing operations, international business.
Footnotes
- For a list of faculty members from Rensselaer at Hartford, students should contact the Admissions Office.
Correspondence and Information
Rensselaer Polytechnic Institute
For written information about graduate work:
Graduate Admissions
Lally School of Management and Technology
110 8th Street
Troy, New York 12180-3590
Telephone:
518-276-6565
Rensselaer Polytechnic Institute
For applications and admissions information:
Rensselaer Admissions
110 8th Street
Troy, New York 12180-3590
Telephone:
518-276-6216
