The Lally School of Management was founded in 1963 as part of
Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute () (RPI) is a private research university in Troy, New York, with an additional campus in Hartford, Connecticut. A third campus in Groton, Connecticut closed in 2018. RPI was established in 1824 by Stephen Van ...
. Its current
mission statement
A mission statement is a short statement of why an organization exists, what its overall goal is, the goal of its operations: what kind of product or service it provides, its primary customers or market, and its geographical region of operation ...
is "To bridge management and technology to create sophisticated global business leaders who are prepared to guide their organizations in the conversion of pioneering ideas and analytical insights into innovative products, processes, and businesses."
The school is housed in the historic Pittsburgh Building on 110 8th Street on RPI's campus in
Troy, New York
Troy is a city in the U.S. state of New York and the county seat of Rensselaer County. The city is located on the western edge of Rensselaer County and on the eastern bank of the Hudson River. Troy has close ties to the nearby cities of Albany a ...
.
History
The Lally school, founded in 1963, is relatively new to RPI, which was founded in 1824. The Lally school was originally solely a management program for engineers. It was originally housed in the
Jonsson Engineering Center
The Jonsson Engineering Center (often simply referred to as the JEC), is home to the School of Engineering at Rensselaer Polytechnic Institute in Troy, New York. It is named for J. Erik Jonsson and was dedicated on 7 October 1977.
Background ...
and Lally Management Center, before finally being moved to the larger Pittsburgh Building. The management school was named after Rensselaer trustee Kenneth T. Lally and his wife, Thelma P. Lally. Kenneth T. Lally has been an important member of the Rensselaer community since 1970. The Lallys wanted the school to be known throughout the world as the "best of the breed". Lally, an entrepreneur who saved the historic W.& L.E Gurley Company (now
Gurley Precision Instruments
Gurley Precision Instruments, or GPI, is an ISO-9001 certified U.S. manufacturing company based in Troy, New York.
History
Gurley Enterprise was established by William Gurley and Lewis E. Gurley in 1845, brothers who were both alumni of Renssela ...
), knew the challenge of managing a technological venture. To help the management school gain national prominence, the Lallys gave $15 million, which was, up until 2001, the largest single gift in Rensselaer's history. To honor the benefactors and to more properly reflect the school's unique focus, the school became the Kenneth T. and Thelma P. Lally School of Management and Technology.
The Pittsburgh Building was completed in 1912 and originally contained the administrative offices of the institute, the library, and the Geological and Mineralogical Museum. "It was presented by the members of the Pittsburgh Alumni Association, and has cost furnished about $150,000."
Administration
Acting
Dean
Dean may refer to:
People
* Dean (given name)
* Dean (surname), a surname of Anglo-Saxon English origin
* Dean (South Korean singer), a stage name for singer Kwon Hyuk
* Dean Delannoit, a Belgian singer most known by the mononym Dean
Titles
* ...
: Chanaka Edirisinghe
Acting Associate
Dean
Dean may refer to:
People
* Dean (given name)
* Dean (surname), a surname of Anglo-Saxon English origin
* Dean (South Korean singer), a stage name for singer Kwon Hyuk
* Dean Delannoit, a Belgian singer most known by the mononym Dean
Titles
* ...
: Shyam Kumar
Ph.D. Program Director: T. Ravichandran
Director of MBA and M.S. Programs: Dorit Nevo
Interim Undergraduate Program Director: Clint Ballinger
Academics
The Lally school offers the following programs:
*Full-time Residential
*Executive MBA
*Ph.D. Program
*Undergraduate Management Degree
*Graduate Management Degrees
*Specialized Corporate Programs
As part of an experiential learning environment, students work on the
patent portfolio A patent portfolio is a collection of patents owned by a single entity, such as an individual or corporation. The patents may be related or unrelated. Patent applications may also be regarded as included in a patent portfolio.
The monetary benefit ...
from Rensselaer’s Office of Commercialization in the Incubator as part of their strategy class. They take on real-world problems and research for local companies; and work with faculty on radical innovation projects for large, established firms.
Severino Center for Technological Entrepreneurship
The Paul J. ’69 and Kathleen M. Severino Center for Technological Entrepreneurship (SCTE) helps foster new generations of budding and successful entrepreneurs through outreach programs, education and support systems.
Centered in Rensselaer’s Lally School of Management & Technology, the Severino Center lies at the core of Lally’s commitment to Entrepreneurship, providing a broad-based platform for entrepreneurs to make the transition from concept to company.
The mission of the SCTE is to expose every Rensselaer student to the practices and principles of entrepreneurship and to extend Rensselaer’s leadership and national prominence in technological entrepreneurship.
The center implements this mission by:
Providing and supporting opportunities to learn fundamental principles of entrepreneurship and study historical cases of successful entrepreneurs;
Providing opportunities to listen to, interact with, and work with experienced entrepreneurs;
Helping students with ideas for new innovations to find resources for commercializing their ideas, and helping students who are seeking businesses opportunities to find and initiate them;
Guiding, mentoring and coaching student-based start-up businesses;
Connecting students who are starting businesses to resources and networks within and beyond the Rensselaer community.
The mission also states that the Center will focus on technological entrepreneurship, meaning that attention and resources are primarily, though not solely, directed at entrepreneurial principles, experiences and new business initiatives specifically driven by novel or advanced technology.
References
External links
Official Site
{{DEFAULTSORT:Lally School of Management and Technology
Rensselaer Polytechnic Institute
Business schools in New York (state)
Educational institutions established in 1963
1963 establishments in New York (state)