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Dear Rensselaer Graduate,
As Rensselaer celebrates its transformation over the last decade under The Rensselaer Plan, the Lally School of Management & Technology is celebrating a similar transformation. Today뭩 Lally is a very different school than the Lally you may have known in the past, and I am writing to update you on our progress.
In keeping with Rensselaer뭩 leadership in 뱓he application of science to the common purposes of life,� Lally뭩 focus on the strategic management of technology leverages the strengths of RPI, and serves a key purpose within the Institute. As Rensselaer뭩 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 밹hange the world,� and that research innovations can accomplish societal benefit.
In implementing our goal of achieving excellence as 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. I am 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 Week뭩 2009 Top Undergraduate Business Programs, and #21 for academic quality (tied with Cornell).
- Business Week뭩 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 America뭩 Best Business Schools 2010 Ranked Lally in #27 in Entrepreneurship.
- Entrepreneur Magazine뭩 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, we have continued to expand our global reach and impact. Key elements of our success have been:
- Building a dynamic, world-class faculty: We have 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 Rensselaer뭩 Technical Strengths We have 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 멿anguage� 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 밒nnovation Ecosystem� for Technology Commercialization and Emerging Entrepreneurs Lally strives to create an environment that fosters innovation, entrepreneurship and technology commercialization. We offer 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 밪IG�) with over 900 community members in the Capital District, with similar groups underway in the Silicon Valley and Europe. We have also developed a 멿iving laboratory� to support student entrepreneurship and technology commercialization that we call the Innovation Ecosystem, that includes a full spectrum of programs such as our Tech Launch Pad course, the SIG Breakfast and lecture series, Idea2Business, our pre-seed venture plan workshop, the Entrepreneur of the Year celebration, and the Lally Innovation Competition for MBA scholarships.
- 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. We have 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, we have 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, we continue to expand our co-terminal programs for Rensselaer undergraduates. For established executives, we have recently streamlined our 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.
As we grow the Lally School, we particularly value our connection to all of you in the Rensselaer alumni community, and your continued support and input.
If you or someone you know is considering an MS or MBA degree, we encourage you to consider Lally뭩 programs, or even refer a candidate . We especially welcome students with technical backgrounds who wish to integrate management training with their already strong analytic skills. If you are interested in setting up an information session for us in your company or city, please contact us and we will gladly schedule a date to come to you.
Kind regards,
David A. Gautschi, Dean
Lally School of Management & Technology
Rensselaer Polytechnic Institute
Pittsburgh Building, 110 8th Street
Troy, NY 12180 518.276.6802 /voice 518.276.2665 /fax
www.lallyschool.rpi.edu |
