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Full-Time MBA Profile Publish Date 05/27/12

Rensselaer Polytechnic Institute

Lally School of Management & Technology

  • Program Basics

      • full time MBA
      • Lally School of Management & Technology
      • 110 Eighth St.
      • PI 5202
      • Troy, 12180-3590, New York
      • United States
      • Program Web site: http://lallyschool.rpi.edu
      • Status: Private
      • Program e-mail address: lallymba@rpi.edu
      • Graduate business school is accredited by:
        • Association to Advance Collegiate Schools of Business (AACSB)
        • Other

  • SCHOOL BASICS

    • Graduate business school enrollment:

      • Total: 381
      • Full-Time MBA: 85
      • Part-Time MBA: 111
      • Executive MBA: 9
      • PhD Program: 36
      • Other graduate degree programs:
        • Other
      • Master of Science in Management; Master of Science in Financial Engineering and Risk Analytics; Master of Science in Technology Commercialization and Entrepreneurship

  • PROGRAM COSTS

    • Total direct costs (tuition and required fees) of the entire MBA program:

      • Resident: $83,200.00
      • Nonresident: $83,200.00
      • Recommended annual budget (Resident): $15,736.00
      • Recommended annual budget (Nonresident): $15,736.00

  • PROGRAM LENGTH

      • Full-time program (months): 22

  • ADMISSIONS

    • Application Deadlines

      • Semester: Fall 2012
      • Deadline: Dec 15, 2011
      • Semester: Fall 2012
      • Deadline: Feb 15, 2012
      • Semester: Fall 2012
      • Deadline: Apr 15, 2012
      • Semester: Fall 2012
      • Deadline: Jun 15, 2012
      • Does the program have rolling admissions? Yes
      • Is proficiency in English required for admission? Yes
      • Is a minimum score on an English language proficiency test required? Yes

    • Which English language proficiency tests are accepted?

        • IELTS
        • TOEFL Internet Based Test
      • Minimum paper-based TOEFL score required for MBAs: 570

    • Relative Importance of Application Elements:

      • GMAT Score: Very Important
      • Resume/Work Experience: Very Important
      • Application Essays: Important
      • Interviews: Important
      • Recommendations: Important
      • Undergraduate Transcripts: Very Important

  • APPLICANTS

      • Applications (admitted and denied) to the newest class: 160
      • Applicants who were accepted to the most recent class: 60 %
      • Admitted applicants who enrolled in the newest class: 45 %
      • Applicants who were re-applicants from prior years: 0 %
      • Applicants wait-listed during the last admissions cycle: 0
      • Applicant interviews are: Recommended

  • APPLICANT POOL

      • International applications received: 69 %
      • Applications from women received: 48 %

  • CLASS PROFILE

    • Full-time students in newest entering class (2010-2011) that are:

      • Female: 51 %
      • International: 67 %

    • Students from following regions:

      • Asia: 70 %
      • North America: 30 %

    • Percentage of U.S. students in newest entering class that are:

      • Asian American: 8 %
      • Native American: 8 %
      • White (Non-Hispanic): 69 %
      • Chose not to report: 15 %

    • Percentage of U.S. students in newest entering class who are from the following regions:

      • Northeast: 69 %
      • Mid-Atlantic: 15 %
      • Southwest: 8 %
      • Midwest: 8 %
      • Mean months of work experience of newest entering class: 15
      • Median months of work experience of newest entering class: 0

    • Middle 80% range of work experience of newest entering class in months:

      • From: 0
      • To: 3
      • Median age of entering class: 22
      • Mean age of entering class: 23

  • FINANCIAL AID

      • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
      • On what basis are scholarships awarded?
        • academic merit
      • How does an applicant apply for scholarship consideration? As part of the admissions application
      • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No

  • GMAT

      • Are applicants required to take the GMAT? Yes

    • GMAT score distribution (applicant pool):

      • 10th Percentile 600
      • 25th Percentile 640
      • 75th Percentile 710
      • 50th Percentile (median) 680
      • Average GMAT Score 666
      • 90th Percentile 721

    • GMAT score distribution (incoming class):

      • 50th Percentile (median) 670
      • 90th Percentile 720
      • 25th Percentile 625
      • Average GMAT Score 653
      • 10th Percentile 588
      • 75th Percentile 705

  • CLASS OFFERINGS

      • Average number of students in a full-time MBA core class: 38
      • Average number of students in a full-time MBA elective class: 17
      • Elective courses available to full-time MBA students: 39

    • Electives that have been added to the full-time program since June 30, 2010:

      • Portfolio Management
      • International Accounting
      • Accounting Information Systems
      • Advanced Accounting for Reporting and Control

    • Concentrations and specializations offered to full-time MBA students:

        • Finance
        • Management Information Systems
        • Entrepreneurship
        • Marketing
        • Manufacturing and Technology Management
        • Operations Management
        • Strategy
      • Financial Engineering and Risk Analytics, New Product Development, Technology Commercialization and Entrepreneurship, Global Management of Technology
      • Does the school offer an accelerated full-time MBA program? No

    • The school believes that its leading areas of study for full-time MBA students are:

        • Finance
        • Entrepreneurship
        • Other
        • Management Information Systems
        • Strategy

  • FACULTY

      • Faculty employed by the B-school: 55

    • Full-time faculty:

      • Tenured: 14
      • Non-Tenured: 23

    • Adjunct/Visiting Faculty:

      • Non-Tenured: 8

    • Women on Faculty:

      • Tenured: 3
      • Non-Tenured: 6

    • Minority Faculty:

      • Tenured: 4
      • Non-Tenured: 7

    • International Faculty:

      • Non-Tenured: 2

    • Faculty with PhDs:

      • Tenured: 14
      • Non-Tenured: 30

  • STUDENT LIFE

    • Professional clubs available to full-time MBA students:

        • Biotech/Health care
        • Corporate Social Responsibility/NetImpact
        • Entrepreneurship
        • Other
        • Finance

    • Networking clubs available to full-time MBA students:

        • Other

  • TEACHING/ACADEMICS

    • Teaching methods used:

      • Case Study: 20 %
      • Distance Learning: 0 %
      • Experiential Learning: 10 %
      • Lectures: 50 %
      • Simulations: 5 %
      • Team Projects: 15 %
      • Other: 0 %

    • Requirements for graduation:

        • Students must write a complete business plan
        • Students must have attended a minimum number of classes
        • Students must have earned a pre-determined GPA/Letter grade average
        • Other
      • Professional Developement Workshops

  • TECHNOLOGY

      • Technology improvements in the last three academic years: Improved network infrastructure. Added Blooomberg Terminal, computers for Career Insider Vault services, Center for Financial Services server, new database accesses for financial research, new projector and large screen monitor, new study/research room, Scantron automated test scoring machine, iPads for most faculty, Windows 7 computers and laptops for most faculty and staff. Upgraded 7 public computers and 2 multi feature copiers with high speed scanning, copying and printing capabilities.
      • Amount spent: $450,000.00

  • B-SCHOOL ALUMNI

      • Living MBA alumni: 8,111
      • Active MBA alumni clubs: 35
      • Countries in which MBA clubs exist: 9
      • Living MBA alumni who gave in past year: 18 %
      • Mean gift from MBA alumni: $276.00
      • Median gift from MBA alumni: $100.00
      • Did school receive an individual gift in excess of $10 million in the past academic year? No
      • Business School endowment: $1,975,146.00
      • Does the main university offer career placement services for alumni? Yes
      • Does the main university have an alumni networking Web site? Yes
      • University alumni networking site: http://www.alumni.rpi.edu/index/html
      • Does the B-School have an alumni networking Web site? Yes
      • Business school alumni networking site: http://lallyschool.rpi.edu/alumni/index.html
      • Does the B-SCHOOL offer career services for alumni? Yes
      • Do current MBA students have access to an alumni database? Yes

  • CAREER SERVICES

      • Graduates seeking full-time professional MBA employment: 100 %

    • Annual job-searching trips that the school coordinates or participates in:

      • Destination: New York, NY
      • Month: November 2010
      • Amount Paid By School: Partial

    • Primary source of job offer:

      • School-facilitated activities: 37 %
      • Graduate-facilitated activities: 63 %

    • Job Offers for 2011 graduates

      • Accepted first job offer by graduation: 60 %
      • Accepted first job offer in three months following graduation: 12 %
      • Accepted first job offer more than 3 months after graduation: 4 %
      • Did not report having accepted a job offer: 24 %

    • Top recruiting organizations most recent academic year:

      • Google, Inc 1
      • Deloitte 1
      • IBM 1
      • Yahoo 1
      • KAPL 1
      • B of America/Merrill Lynch 1
      • Erricson 1
      • Price Waterhouse Coopers 1
      • GE Energy 1
      • US Dept Veterans Affairs 1
      • Hamilton Sundstrand 1
      • Cognizant Technologies Services 1
      • Hanna Instruments 1
      • Mainstream Engineering 1
      • Novartis 1
      • Job-accepting graduates who received a signing bonus: 39 %

    • Base salary, signing bonuses and other compensation for most recent employed graduates:

      • Mean base salary: $62,131.00
      • Median base salary: $6,500.00
      • Mean signing bonus: $6,271.00
      • Median signing bonus: $4,250.00
      • Mean other guaranteed compensation: $2,000.00
      • Median other guaranteed compensation: $2,000.00

    • Graduating students who accepted jobs in the following functional areas:

      • Consulting: 11 %
      • Finance/Accounting: 5 %
      • General Management: 11 %
      • Human Resources: 11 %
      • Marketing/Sales: 15 %
      • Management Information Systems: 15 %
      • Operations/Logistics: 21 %
      • Other: 11 %

    • Graduating students who accepted jobs in the following industries:

      • Government: 5 %
      • Consulting: 5 %
      • Consumer Products: 0 %
      • Financial Services: 16 %
      • Manufacturing: 11 %
      • Media/Entertainment: 0 %
      • Non-Profit: 0 %
      • Petroleum/Energy: 16 %
      • Pharmaceutical/Biotechnology/Health Care: 5 %
      • Real Estate: 0 %
      • Technology: 26 %
      • Other: 16 %

    • Graduates who accepted full-time jobs in the following regions:

      • Africa: 0 %
      • Asia: 16 %
      • Europe: 0 %
      • North America: 84 %
      • Oceania: 0 %
      • Latin America and the Caribbean: 0 %

    • Within the U.S., graduates who accepted full-time jobs in the following regions:

      • Northeast: 75 %
      • Mid-Atlantic: 0 %
      • South: 6 %
      • Southwest: 6 %
      • Midwest: 0 %
      • West: 13 %
      • Possessions and territories: 0 %

    • Top recruiting organizations for internships, most recent academic year:

      • Angio Dynamics 1
      • Ayco 1
      • Boeing 1
      • Crystal IS 1
      • Deutche Ban AG, NY 1
      • Ithos 2
      • Momentive Performance 2
      • Shenying and Wanguo Securities Co Ltd 1
      • Turner Construction Co 1
      • UBS Realty Investors LLC 1
      • United Nations 1

    • Weekly internship compensation:

      • Mean: $1,000.00
      • Average internship length in weeks: 10

  • SCHOOL COMMENTS

      • School Comments: The Lally MBA is flexible. Students can choose from different end dates and a wide variety of curricular options to build a customized program. With its small class size the Lally MBA gives students personalized attention and the flexibility to design options. MBA students can tailor their career plan through Career Support Services and a mentoring network of community members and over 90,000 successful RPI alumni worldwide. Program options vary from 12 months to 22 months.

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