The Lally School of Management and Technology at Rensselaer Polytechnic Institute

Business School Admissions

Application (Fall 2013)

Application deadline (U.S. residents) June 15
Application deadline (international students) June 15
Application fee $75

The Lally School of Management and Technology at Rensselaer Polytechnic Institute

Admissions & Enrollment (Full-time)

Acceptance rate 60.0% – High
Average age of new entrants 23
Average undergraduate GPA 3.34 – Medium
Undergraduate GPA range (10th-90th percentile) 3-3.67
Entrants providing undergraduate GPA 22
Average GMAT score 653 – High
GMAT range (10th-90th percentile) 588-720
Students with prior work experience 10
Average work experience (months) 15

Admissions & Enrollment (Part-time)

Acceptance rate 90.7%
Average age of new entrants 31
Average undergraduate GPA N/A
Undergraduate GPA range (10th-90th percentile) N/A
Entrants providing undergraduate GPA N/A
Average GMAT score N/A
GMAT range (10th-90th percentile) N/A
Students with prior work experience 37
Average work experience (months) 120

Undergraduate Majors

TOEFL required for international students Yes
Minimum TOEFL score required 577 paper test
89 internet-based test

Factors and Procedures Used in Admissions

(Data appear as originally submitted by this school)

Full-time program
Application, transcripts, GMAT, essay questions, resume, and two recommendation letters. An interview may also be required. TOEFL required for international applicants. Work experience or significant internship experience required.
Executive program
Application, transcripts,a statement of background and goals,resume, and recommendation letters. An interview is also part of the application process. Significant work experience is required.
Part-time program
A part-time MBA program is offered at Rensselaer’s Hartford, CT campus. The criteria for admission consideration include completion of the application, with transcripts, GMAT, essay questions, resume, and recommendation letters.
Part-time distance learning program
The Lally School does not offer distance learning.

Admissions Contacts

Director of admissions Dr. Jeffrey F. Durgee
Full-time program phone (518) 276-6565
Full-time program E-mail lallymba@rpi.edu
Full-time program website http:/​/​lallyschool.​rpi.​edu
Executive program phone (860) 548-7842
Executive program E-mail emp-info@ewp.rpi.edu
Executive program website http:/​/​www.​ewp.​rpi.​edu/​academics/​lsmt/​emba/​index.​html
Part-time program phone (860) 548-2430
Part-time program E-mail lsmt-info@ewp.rpi.edu
Part-time program website http:/​/​www.​ewp.​rpi.​edu/​academics/​lsmt/​index.​html
Part-time distance learning program phone N/A
Part-time distance learning program E-mail N/A
Part-time distance learning program website N/A

Business School Academics

Program Offerings

(11) Departments/concentrations
entrepreneurship production/operations management
finance organizational behavior
general management quantitative analysis/statistics and operations research
manufacturing and technology management technology
marketing other
management information systems
Departments with highest M.B.A. demand entrepreneurship, finance, manufacturing and technology management, marketing, technology
Types of M.B.A. programs offered full-time traditional two year, full-time other, part-time evenings and weekends, part-time off campus, traditional executive MBA, other executive MBA
Joint programs available N/A

Curricula Descriptions

(Data appear as originally submitted by this school)

Full-time program
Cross-disciplinary, experiential approach focuses on technology, innovation & entrepreneurship. Small classes & international students create a global, interactive classroom experience. Sample Topics: Business Implications of Emerging Technologies; Technology Commercialization; Creating and Managing an Enterprise; Design, Manufacturing and Marketing; Computational Finance and Risk Analytics.
Executive program
The Executive MBA presents diverse academic theories blended with each student’s work experiences. Participants gain fundamental management skills, a global perspective, and the diversity and depth necessary to recognize and cope with new challenges.The EMBA is offered at Rensselaer’s Hartford CT campus.
Part-time program
The part time MBA program has required core courses in the foundation disciplines & functional areas of management, plus electives.
Part-time distance learning program
The Lally School does not offer distance learning.

Business School Ranking

#70 Best Business Schools

(1) Ranking by Specialties

#78 in Part-time M.B.A.

Business Ranking Scores

These data apply only to full-time students.

Score 43
Peer assessment score (out of 5) 2.8
Recruiter assessment score (out of 5) 2.8
Acceptance rate 60.0% – High
Average starting salary and bonus $77,780 – Medium
Average undergraduate GPA 3.34 – Medium
Average GMAT score 653 – High
Full-time graduates employed at graduation 44.0% – Low
Full-time graduates employed three months after graduation 76.0% – Medium
Enrollment (full-time) 85

Business School Student Body

Student Body (Overall)

Enrollment 196

Student Body (Full-time)

Enrollment (full-time) 85
Minority students 3.5%
International students 70.6%

Student Body (Part-time)

Enrollment (part-time) 111
Minority students 25.2%
International students N/A

Business School Cost

Financial Aid Contact Information

Financial aid director Dr. Jeffrey F. Durgee
Financial aid phone (518) 276-6586

Expenses

Tuition
Full-time: $41,600 per year
Part-time: $1,733 per credit
Required fees $1,896 per year
Room and board, books, and miscellaneous expenses $15,290
Average indebtedness of 2011 graduating class N/A

Financial Aid Availability

College-funded aid (fellowships, assistantships, grants, or scholarships) available Yes
Fellowships N/A
Teaching assistantships N/A
Research assistantships N/A
International students eligible for college-funded aid Yes

Business School Career and Salary Statistics

Rensselaer Polytechnic Institute has submitted its most recent career data in accordance with the MBA Career Services Council Standards for Reporting MBA Employment Statistics and has granted permission to the Graduate Management Admission Council to send an independent third party to review for accuracy and compliance.

Class of 2011

Full-time graduates 25
Full-time graduates known to be seeking employment 25
Full-time graduates employed at graduation 44.0% – Low
Full-time graduates employed three months after graduation 76.0% – Medium

Base Salary: Overall

Total reporting base salary 10
Low base salary $52,000
Average base salary $73,400
High base salary $90,000

Base Salary: U.S. Citizens

Low base salary: U.S. citizens $52,000
Average base salary: U.S. citizens $74,000
High base salary: U.S citizen $90,000

Base Salary: Foreign Nationals

Low base salary: Foreign nationals $57,000
Average base salary: Foreign nationals $71,000
High base salary: Foreign nationals $85,000

Signing Bonus: Overall

Total reporting signing bonus 6
Low signing bonus $3,000
Average signing bonus $7,300
High signing bonus $15,000

Signing Bonus: U.S. Citizens

Low signing bonus: U.S. citizens $3,000
Average signing bonus: U.S. citizens $5,375
High signing bonus: U.S. citizens $10,000

Signing Bonus: Foreign Nationals

Low signing bonus: Foreign nationals $15,000
Average signing bonus: Foreign nationals $15,000
High signing bonus: Foreign nationals $15,000

Other Compensation: Overall

Total reporting other compensation 2
Low other compensation $2,000
Average other compensation $2,000
High other compensation $2,000

Other Compensation: U.S. Citizens

Low other compensation: U.S. citizens $2,000
Average other compensation: U.S. citizens $2,000
High other compensation: U.S. citizens $2,000

Other Compensation: Foreign Nationals

Low other compensation: Foreign nationals N/A
Average other compensation: Foreign nationals N/A
High other compensation: Foreign nationals N/A

Base Salary by Occupation

Numbers for employment by occupation are based on those graduates who reported base salary information by three months after graduation.

Number reporting marketing/sales jobs 3
Marketing/sales low salary $55,000
Marketing/sales average salary $60,000
Marketing/sales high salary $65,000
Number reporting operations/production jobs 4
Operations/production low salary $52,000
Operations/production average salary $66,000
Operations/production high salary $80,000
Number reporting general management jobs 2
General management low salary $75,000
General management average salary $75,000
General management high salary $75,000
Number reporting finance/accounting jobs 1
Finance/accounting low salary $57,000
Finance/accounting average salary $57,000
Finance/accounting high salary $57,000
Number reporting management information systems (MIS) jobs 3
Management information systems (MIS) low salary $85,000
Management information systems (MIS) average salary $87,500
Management information systems (MIS) high salary $90,000
Number reporting consulting jobs 2
Consulting low salary $85,000
Consulting average salary $85,000
Consulting high salary $85,000
Number reporting human resources jobs 2
Human resources low salary $90,000
Human resources average salary $90,000
Human resources high salary $90,000
Number reporting having jobs in other areas 2
Other occupations low salary N/A
Other occupations average salary N/A
Other occupations high salary N/A

Base Salary by Industry

Numbers for employment by industry are based on those graduates who reported base salary information by three months after graduation.

Number reporting government jobs 1
Number reporting manufacturing jobs 2
Manufacturing low salary $55,000
Manufacturing average salary $55,000
Manufacturing high salary $55,000
Number reporting non-profit jobs 0

Base Salary by Geographic Region

Numbers for employment by location are based on those graduates who reported base salary information by three months after graduation.

Number reporting jobs in the Northeast (CT, MA, ME, NH, NJ, NY, RI, VT) 10
Northeast low salary $55,000
Northeast average salary $72,429
Northeast high salary $90,000
Number reporting jobs in the Middle Atlantic (DC, DE, MD, PA, VA, WV) 0
Middle Atlantic low salary N/A
Middle Atlantic average salary N/A
Middle Atlantic high salary N/A
Number reporting jobs in the South (AL, AR, FL, GA, KY, LA, MS, NC, SC, TN) 1
South low salary $52,000
South average salary $52,000
South high salary $52,000
Number reporting jobs in the Midwest (IA, IL, IN, KS, MI, MN, MO, ND, NE, OH, SD, WI) 0
Midwest low salary N/A
Midwest average salary N/A
Midwest high salary N/A
Number reporting jobs in the Southwest (AZ, CO, NM, OK, TX) 1
Southwest low salary N/A
Southwest average salary N/A
Southwest high salary N/A
Number reporting jobs in the West (AK, CA, HI, ID, MT, NV, OR, UT, WA, WY) 2
West low salary $85,000
West average salary $85,000
West high salary $85,000
Number reporting jobs located internationally 3
International low salary N/A
International average salary N/A
International high salary N/A

The Lally School of Management and Technology at Rensselaer Polytechnic Institute