2007 UNDERGRAD PROFILE
Rensselaer Polytechnic Institute
Lally School of Management and Technology
B-School and Program Basics
| Address: | 110 Eighth St. Pittsburgh Building Troy, NY US 12180-3590 |
Program E-Mail |
Program Web site |
Lally School of Management and Technology is a private institution.
Undergrad business program was founded: 1963
Accredited by AACSB International, Other
Middle States Association
Classes begin:
| Fall Annual Admissions | 08/27/2007 |
| NA | |
Enrollment
| Total undergraduate business school enrollment | 377 |
| Total full-time undergraduate business students | 375 |
| Total part-time undergraduate business students | 2 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 33% |
| International students | 7% |
For U.S. schools only: |
|
| African American students | NA % |
| Native Americans | NA % |
| Asian Americans | 9% |
| Hispanic | 7% |
| White (non-Hispanic) | 81% |
| Unknown | 3% |
| Other | NA % |
U.S. students by region:
| Mid-Atlantic U.S. | 2% |
| Midwest U.S. | 5% |
| Northeast U.S. | 88% |
| South U.S. | NA % |
| Southwest U.S. | NA % |
| West U.S. | 5% |
| U.S. Possessions and territories | NA % |
Citizenship:
| U.S. | 93% |
| Canada | 7% |
| Other | NA % |
| Unknown | NA % |
CLASS TRAITS: MOST RECENT ENTERING CLASS
| Does the school require standardized tests, such as the SAT or ACT? | No |
SAT Scores for full-time entering business students |
|
| Average | 1212 |
| Median | 1205 |
| Range (Middle 80%) | From 1125 to 1285 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | |
| Median | |
| Range (Middle 80%) | From to |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 18 |
| Median | 18 |
| High School performance of entering business students | |
| Top 10% of high school class | 44% |
| Top 25% of high school class | 84% |
| GPA of 3.75 or higher | NA % |
| GPA of 3.5 to 3.75 | NA % |
| GPA of 3.25 to 3.49 | NA % |
| GPA of 3.00 to 3.24 | NA % |
| GPA of 2.50 to 2.99 | NA % |
| GPA of 2.00 to 2.49 | NA % |
| GPA of 1.00 to 1.99 | NA % |
| GPA below 1.0 | NA % |
| For Internal Transfers | |
| Minimum overall college GPA | NA |
| Additional application requirements | |
ADMISSIONS
| University Application fee (resident) | $ 50.00 | ||
| University Application fee (nonresident) | $ 50.00 | ||
| University Application fee (non-resident transfers) | $ 50.00 | ||
The university financial aid office manages admissions to the business program
6875 people applied to undergraduate programs for the 2006 academic year. The school accepted 62% (selectivity) of those applicants, and 37% of admitted applicants (yield) enrolled.
NA % of applicants had applied in prior years, and of those reapplicants NA % were accepted.
The university placed 26 applicant(s) on its wait list. 18 wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
100% of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
How do internal transfers apply? NA
197 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
62% of these applicants were admitted to the program and 100% of admitted students enrolled.
internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. were admitted to the program.
| Share of all university applicants who are female: | 25% |
| Share of all university applicants who are not from the U.S. | 5% |
Interviews for applicants are Not required
Additional application requirements (including those for international students):
application, essays, application fee, recomendation letters, secondary and mid year school reports, SAT test scores, TOEFL if international
Relative importance of the following factors in deciding who gets admitted to the university:
Secondary School Record: NA
Class Rank: NA
High School GPA: NA
SAT/ACT Scores: NA
Application Essay: NA
Recommendations: NA
Interview: NA
Extracurricular Activities: NA
Talent/ability: NA
Character/personal qualities: NA
Volunteer Work: NA
Work Experience: NA
COSTS
Annual Costs
| Resident Tuition | $ 32,600.00 |
| Nonresident Tuition | $ 32,600.00 |
| Room and Board | $ 9,915.00 |
| Books | $ 1,770.00 |
| Other Expenses (please specify) | |
| laptop | $2,000.00 |
| fees - | $900.00 |
Tuition per credit hour (U.S. dollars)
| Resident | NA |
| Nonresident | NA |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Annual Admissions | 01/15/2007 |
| Business Program deadlines for: | |
| SemesterAnnual Admissions | 01/15/2007 |
| TrimesterSemester | 11/01/2007 |
FINANCIAL AID
The business program's financial aid ofice manages financial aid for the business program
Financial Aid Web site
Total scholarship money given to business students through the financial aid office in the 2005 academic year: $ 6,931,402.00
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: $ 7,761,348.00
Scholarships are awarded to students in the business program based on A combination of need and merit
Scholarships in the 2006-2007 academic year | |
| Percent of business students receiving some scholarship money | 92% |
| Percent of business students receiving full-tuition scholarships | 92% |
| Percent of scholarships offered to business students based on need | 40% |
| Percent of scholarships offered to business students based on merit | 60% |
How do applicants apply for scholarships?
submission of FAFSA
Does the schoool offer a guaranteed loan to all business students (regardless of nationality): No
The maximum amount a business student can borrow per year is: NA
The average outstanding debt among 2006 business program graduates is: $ 27,000.00
CONTACTS
| Dean David A. Gautschi | Hired as of 08/22/2005 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Other, , ,
FInancial Systems
Programs Offered
| BS | Management | Full time |
| BS | Management | Part time |
| BS | Double Degree 2 Bacalaurate degrees | Full time |
| BS | Dual major 2 specialty/concentration | Full time |
| BS | Management/Law BS/JD | Full time |
| Core curriculum last revised Prior to 2000 |
| Average class size in required business classes | 35 |
| Average class size in business electives | 40 |
| Average class size in non-business classes (required for admission to the business program |
40% of business classes (core and elective) have fewer than 20 students
60% of business classes (core and elective) have 21 to 50 students
NA % of business classes (core and elective) have more than 50 students
83% of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
NA % of required business courses had waiting lists for enrollment
AREAS OF STUDY & ELECTIVES
The school reports that the following are its five leading areas of study:
Entrepreneurship, Finance, General Management, Management Information Systems
Number of elective courses (not multiple sessions of same course) available in the past academic year: 24
New electives added in the past academic year:
What special programs are available to business students?
International Management Exchange program, Navigating Rensselaer, Student Orientation, Navigating Beyond Rensselaer, Lally Mentor Program, Lally Career Seminar, Goldman-Sachs Headquarters, NYC
| Work study or co-op opportunities | Yes |
| As part of the co-op program, the Lally School offers students the opportunity to work one semester and one summer in various industry, business, and government positions -- usually during the junior or senior year. | |
| Study abroad opportunities | Yes |
| The International Management Exchange program develops both the ability to conduct business in another country, and a student's international relations and business skills as a whole. These skills make Lally Students more effective global managers and valuable assets to any employer. | |
| Volunteer and community service opportunities | Yes |
| Opportunities are available through the Rensselaer Student Union and the Dean of Students Office for volunteer work and community service. | |
| Business clubs and extracurricular activities | Yes |
| Epsilon Delta Sigma, Entrepreneurship Club, Investment Club, Management and Technology Club | |
FACULTY
| Total full-time undergraduate business faculty | 41 |
| Total undergraduate business adjuncts and visiting business faculty | 2 |
| Total undergraduate permanent/tenured business professors | 21 |
14% of permanent/tenured business professors are women
5% of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
24% of permanent/tenured business professors are members of company boards of directors or boards of advisors
24% of permanent/tenured business professors have owned their own business
Prominent Faculty: Dr. Philip Phan, Dr. Robert Baron, Dr. Iftekhar Hasan
STUDENT LIFE
Freshmen are required to live on campus
NA %of all business students live on campus
Business students are not grouped together in "learning communities" in housing or other facilities
TECHNOLOGY
Number of omputers available to undergraduate business students (within the program and university as a whole): 2231
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
All students required to use laptops. Network hotspots available throughout the school and campus, additional kiosks for student internet activitity. New IS/IT labs added to classes. Microsoft Academic Alliance software available for all students to use. All classrooms have latest networking and video technology, with networking available at all seats. Software upgrades.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 47% of 2006 graduates
Of 2006 graduates for whom we have information...
100% were seeking full-time professional employment in business
0% were not seeking full-time professional employment in business
For those not seeking employment in business...
NA % of those were already employed at graduation
NA % were planning to continue their education immediately after graduation
NA % were postponing their job search
NA % were planning to start their own business
NA % of those not working were doing so for other reasons
35 companies recruited business students on campus from June 30, 2005 to June 30, 2006
143 companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2005 to June 30, 2006
Of 2006 Job-seeking Graduates...
42 received their first job offer by graduation
8 received their first job offer within three months of graduation
11 received their first job offer more than three months after graduation
39 did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| Ernst & Young | 4 |
| Travelers | 2 |
| The Hartford | 2 |
| UBS | 2 |
| IBM Corporation | 2 |
| Lockheed Martin Corp. | 1 |
| UMS Group | 1 |
| Global Spec | 1 |
| Deloitte Touche Tomatsu | 1 |
| Target Corp. | 1 |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 49,767.00 |
| Median base salary | $ 50,000.00 |
| Average signing bonus | NA |
| Median signing bonus | NA |
| Average other guaranteed compensation | NA |
| Median other guaranteed compensation | NA |
CAREER DIRECTIONS
What percentage of 2006 graduates who accepted jobs did so in the following functional areas? Are these figures estimates based on the number of students majoring in these functional areas? No
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 50% |
| Accounting/auditing | NA % |
| General Management | 10% |
| Human Resources | 5% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 15% |
| Management Information Systems | 10% |
| Operations | 10% |
| Logistics/Transportation | NA % |
| Other | NA % |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? No
| Accounting | NA % |
| Consumer Products & Retail | 10% |
| Consulting | 35% |
| Financial Services | 35% |
| Government, Nonprofit, & Education | NA % |
| Health | NA % |
| Manufacturing | 5% |
| Media & Entertainment | NA % |
| Sports & Leisure | NA % |
| Technology & Science | NA % |
| Transportation | NA % |
| UTILITIES | 10% |
| Other | NA % |
North American Jobs
NA % of 2006 graduates accepted jobs in Canada
100% of 2006 graduates accepted jobs in the U.S.
Here's the regional breakdown on job acceptances in North American regions:
| Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) | 95% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 5% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | NA % |
| Southwest (CO, AZ, TX, OK, NM) | NA % |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | NA % |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | NA % |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | NA % |
| Canada | NA % |
INTERNSHIPS
companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
NA % of internships were paid.
| Average compensation per week | NA |
| Median compensation per week | NA |
| Average internship length (weeks) |
companies posted internships for undergraduate business students on school job boards from June 30, 2005 to June 30, 2006
| Top 10 Recruiting Firms for Internships | No. interns |
ALUMNI AFFAIRS
17% of living undergraduate business alumni contributed to the program/university some time between June 30, 2005 and June 30, 2006
Of those who contributed...
| The average gift was | $ 351.00 |
| The median gift was | $ 100.00 |
From June 30, 2005 to June 30, 2006, the undergraduate business program 17% received any individual gift in excess of $10 million
Prominent Alumni
Richard Herbert, President, Pantone Inc
Jackson Tai, CEO and Vice Chair, Dev. Bank of SIngapore
Frank James, Chairman, James Investment Research
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 124 for BS Management |
| Minimum of 52 for BS Management |
