The Lally School of Management and Technology New York was founded in 1963 as an integral part of Rensselaer Polytechnic Institute. Building on a heritage of over 175 years of leadership in science and engineering, Rensselaer's Lally School is dedicated to advancing business through innovation. Our curriculum is designed to produce leaders who combine creative passion with the ability to integrate technology across business functions. Our faculty emphasizes the value of hands-on experience available through campus resources such as the Severino Center for Technological Entrepreneurship and a world-class business incubator center. Rensselaer's Lally School offers graduate and undergraduate degree programs in management, doctoral programs in management and technology, an executive MBA program, and a joint Sino-U.S. MBA for companies operating in China.

 

 

How the School Got Its Name

 

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 as a leader, an entrepreneur, a trusted advisor, and a friend. The Lallys' impact on Rensselaer is quite valuable. They wanted the school to be known throughout the world as the best of the breed. Lally, a successful entrepreneur who saved the historic W.& L.E Gurley Company (now Gurley Precision Instrument Co.), 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. "I am confident that my gift will enable the school to win recognition as one of the premier MBA programs in the nation," says Lally.

 

 

About Rensselaer

 

Rensselaer Polytechnic Institute was founded at Troy, N.Y., in 1824. It is the nation's oldest technological university. The institute offers 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 their pre-eminence in research conducted in a wide range of research centers characterized by strong industry partnerships. The institute is especially 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 and competitiveness.

 

 

About Troy

 

Troy, a city of 55,000 people, is more than 200 years old. Located along the Hudson River in New York , Troy was a major center for the industrial revolution in the 1800s. It was the home of the detachable shirt collar, stove manufacturers, textile mills, stagecoach and carriage builders, breweries, bell manufacturers, iron and steel centers, and more. Iron plates for the Civil War ship, the Monitor, were rolled in Troy. Even Samuel Wilson, better known as Uncle Sam, lived and worked in Troy during this time.

Most of Troy's buildings date back to the 18th and 19th centuries; fine homes of former industrial tycoons, worker and factory housing, and homes of the emerging middle class are still used and lived in today, many retaining their original character and features. Wood frame, terra cotta, brownstone, and brick houses line the streets of the city. Queen Anne, Mansard, Beaux Arts, Romanesque, Italianate, Greek Revival, Gothic Revival, and other styles of architecture can be seen everywhere in Troy. Restoration is an ongoing event here. A section of downtown plays host to an impressive collection of art galleries and boutique shops.

Troy is located in eastern upstate New York , near the junction of the Hudson and Mohawk rivers. The city is part of a region called the Capital District, and is a 10-minute commute from Albany, the state capital. The area is accessible via several highways, including the New York State Thruway (I-90, I-87) and I-787, a riverfront highway. Albany has an airport and two major bus stations; just across the Hudson River, you can reach the area by Amtrak as well.