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Catalog & Student Handbook 2008-2009

Lally School of Management and Technology at Hartford

Assistant Dean for Academic Programs:  Houman Younessi, Ph.D.
Area Coordinator: John Maleyeff, Ph.D.
Department Home Page

The primary purpose of the Lally School of Management and Technology is to educate business leaders and professionals in the strategic use of technology to create corporate value and sustainable competitive advantage in the global business environment. The mission of the Lally School is to develop technically sophisticated business leaders who are prepared to guide their organizations in the integration of technology for new products, new businesses, and new systems. The Lally School has a vision to be pre-eminent among educational institutions in integrating management and technology for innovation and value creation. The values that the Lally School holds are:

  • Passion for lifelong learning.
  • Dedication to the idea that management and technology, innovation, and entrepreneurship are critical to improving the quality of life.
  • Vibrant relations with our business partners.
  • Rigor and relevance in intellectual contributions and business practice.
  • Highest standards of ethics, responsibility, and respect for individuals.
  • Creative solutions through interdisciplinary teamwork.
  • Commitment to serving our stakeholders.
The Lally School comprises two departments; one based in Hartford, Connecticut, and the other in Troy, New York. The programs, degree requirements, and course offerings included in this section specifically pertain to the Hartford department.

Faculty

Full-Time Faculty
The Lally School full-time faculty possess a broad range of academic and business experience. The diverse backgrounds of the faculty help ensure that students receive high-quality academic experiences that are also grounded in the practical realities of business. The faculty is focused on delivering an educational experience that is relevant to the needs of full-time working professionals.
 

 
Faculty
Position
Degree & Institution
Teaching Area
Albright, Robert R., II
Clinical Associate Professor
Ph.D., University of Pittsburgh
Human Resources, Strategy
Clinical Associate Professor
Ph.D., University of Massachusetts
Operations Management
Chandler,
Lisa L.
Clinical Assistant Professor Ph.D., Nova Southeastern University Business Administration
Gingerella, Louis W., Jr.
Clinical Associate Professor
M.B.A., Rensselaer Polytechnic Institute
Finance
Kelly, Leonard J.
Clinical Professor
Ph.D., University of Connecticut
Quantitative Management
Clinical Professor
Ph.D., University of Massachusetts
Operations Management
Peteros, Randall G.
Clinical Associate Professor
J.D., Western New England College School of Law
Finance
Peters, Lael Clinical Associate Professor Ph.D., Rensselaer Polytechnic Institute Management Information Systems
Rainey, David L.
Clinical Professor
Ph.D., Rensselaer Polytechnic Institute
Technology, Innovation, & Environment
Clinical Associate Professor
Ph.D., Yale University
Economics
Younessi, Houman
Clinical Professor
Ph.D., Swinburne University of Technology (Australia)
Information Systems, Information Technology and Innovation, Systems and Operations Management

Adjunct Faculty
The Lally School adjunct faculty includes leading business practitioners whose in-depth knowledge of current business practices enhances student's learning experience. The current Rensselaer adjunct faculty includes the following:

Adjunct Faculty Position Degree & Institution
Robert J. Araujo Adjunct Professor M.S. (Rensselaer Polytechnic Institute);
M.B.A. (University of New Haven)
Marco Arienti Adjunct Professor Ph.D. (California Institute of Technology)
Dennis M. Bialecki Adjunct Professor M.S. and M.B.A. (Rensselaer Polytechnic Institute)
Mark B. Case Adjunct Professor Ph.D. (University of Rhode Island)
Louis Dimodugno Adjunct Professor M.P.A. (University of Oklahoma)
Edward D. Downe Adjunct Professor Ph.D. (New School University)
Richard D. Getz Adjunct Professor J.D. (Western New England College School of Law)
Lisa Greene Adjunct Professor M.B.A. (Northwestern University)
Timothy E. Healy Adjunct Professor M.B.A. (Rensselaer Polytechnic Institute);
M.A. (University of Washington)
James M. Kerr Adjunct Professor M.S. (Rensselaer Polytechnic Institute)
Grace G. Luddy Adjunct Professor M.S. (Rensselaer Polytechnic Institute)
Robert L. Marconi Adjunct Professor J.D. (University of Connecticut)
William F. Mastrianna, Jr. Adjunct Professor M.S. (Radford University)
George Messier Adjunct Professor M.B.A (University of Connecticut)
John Mutchler Adjunct Professor J.D. (Quinnipiac University)
Edward G. O'Donovan Adjunct Professor M.B.A. (University of Connecticut)
John Paul Olynyk Adjunct Professor M.S. (Rensselaer Polytechnic Institute)
Joseph Petti Adjunct Professor M.B.A. ( University of New Haven)
Damon Rosenthal Adjunct Professor M.S.C.S and M.B.A. (Rensselaer Polytechnic Institute)
Roland O. Roy Adjunct Professor M.B.A. (University of New Haven)
Susan A. Russell Adjunct Professor Ph.D. (Fielding Institute)
Shahid Siddiqi Adjunct Professor Ph.D. (University of Pennsylvania)
Gregory M. Sparzo Adjunct Professor M.S. (Rensselaer Polytechnic Institute)
David Stec Adjunct Professor M.B.A. (Massachusetts Institute of Technology)
Michael Stevens Adjunct Professor M.S. (Rensselaer Polytechnic Institute)
Thomas E. Swarr Adjunct Professor M.B.A. (Rensselaer Polytechnic Institute)
Robert Torrani Adjunct Professor M.S. (Polytechnic Institute of Brooklyn)
Derek J. Weiss Adjunct Professor M.B.A. (University of Connecticut)
Vann J. Young Adjunct Professor M.S. (Rensselaer Polytechnic Institute)


Programs
The programs offered by the Lally School for the Education of Working Professionals at Rensselaer are the Master of Business Administration (M.B.A.) and the Master of Science (M.S.) in Management. Dual degrees with the Department of Engineering and Science are also available. The M.S. in Management program contains two different focal areas: Enterprise Management and Innovation and Entrepreneurship.

In its programs, the Lally School strives for a balance between theory and practice, and between rigor and relevance. The programs place heavy emphasis on the application of knowledge through team-based projects.
The Lally School and all its programs are based on three core principles:

  • Technology and innovation are the primary lifeblood of the business enterprise and its competitiveness in business and commerce.
  • Entrepreneurship and innovation involve the constant search for new and better ways of achieving sustainable outcomes.
  • Management and leadership mean being on the leading edge of the changes in the business environment and inspiring people within and outside the corporation to realize the vision and passion of the organization.

Graduate Programs

Evening M.B.A.
The Lally School offers an evening version of its full-time daytime (Troy, New York) M.B.A. program which focuses on innovation, globalization, and entrepreneurship. The evening M.B.A. provides students the same 60-credit integrated learning experience of the daytime cohort in a convenient evening setting. The M.B.A. is generally offered in a cohort format, with students remaining together as a group throughout the program.

The Plan of Study includes:

MGMT-7740                  Accounting for Reporting and Control
MGMT-6040                  Creating and Managing an Enterprise I
MGMT-6020                  Financial Management I
MGMT-6050                  Creating and Managing an Enterprise II
MGMT-6100                  Statistics and Operations Management I

MGMT-6110                  Statistics and Operations Management II
MGMT-6060                  Business Implications of Emerging Technologies I
MGMT-6030                  Financial Management II
MGMT-7730                  Economics and Institutions

MGMT-6080                  Networks, Innovation & Value Creation I
MGMT-7050                  Developing Innovative New Products/Services I
MGMT-7060                  Developing Innovative New Products/Services II

MGMT-7030                  Strategy, Technology, and Competition I
MGMT-7750                  Global Business and Social Responsibility
MGMT-7070                  Managing on the Edge

Five Electives

Accelerated Weekend M.B.A. Program (WEMBA)
In the Weekend M.B.A. Program, students can earn an M.B.A. degree in a 30-month period of accelerated instruction (10 terms of study). Classes are conducted primarily on Friday evenings and essentially every other Saturday, consisting of two courses a term for four terms a year, designed to enhance cumulative skill building and learning.

The Weekend schedule is designed to appeal to students with significant work experience who are unable to attend classes during the week; who are interested in joining a group of mature students attending classes and working and studying together; and who desire an opportunity to earn the M.B.A. degree in a two-and-a-half-year period. The objective is to form a diverse weekend class of broadly experienced middle managers and professionals.

For more information concerning the Weekend M.B.A. Program, contact Kristin E. Galligan at (860)548-7881; (800) 433-4723, ext. 7881; or e-mail: laritk@rpi.edu.

Elite Master's Program (EMP)
The Elite Master's Program is a focused, integrated, ten-month program leading to a Master of Science in Management. In addition, students will be enrolled in the Leadership Development Program Center via Rensselaer’s affiliation with the Center for Creative Leadership (CCL).  Courses are designed and taught to prepare experienced managers for more senior leadership positions in their organizations. The Elite Master's Program emphasizes the blending of management and technology as a critical skill set for senior managers in an increasingly technology-based world. The curriculum focuses on strategic thinking and leadership, innovation, and managerial decision making. The program concentrates on crafting strategies through effective analysis for gaining competitive advantage in a global environment.

The following courses make up the program curriculum:

  • Creating and Managing an Enterprise I
  • Data Analysis for Managerial Decision Making
  • Finance for Decision Analysis
  • Marketing and Product Management
  • Economics and Institutions
  • Lean Strategies for Manufacturing and Service
  • Corporate Investment Strategies and Risk Management
  • Global Strategic Management of Technological Innovation
  • Strategy, Technology and Global Competitive Advantage
  • Failure Analysis of Management Decisions
Classes typically meet on alternating Fridays and Saturdays from late September through June, beginning with a four-day residence program. The program typically features an international trip that is an integral part of the curriculum. Information concerning the Elite Master's Program may be obtained by contacting Kristin E. Galligan at (860) 548-7881; (800) 433-4723, ext. 7881; or e-mail: laritk@rpi.edu.

Master of Science in Management
The M.S. in Management is designed to provide students with the knowledge, skills, and capabilities to be professional contributors and technical managers in a functional area of organizations. It is intended for students who want to acquire more expertise in a specialized area before they seek general management skills and capabilities later in their careers. The educational objective is to provide a learning environment that is centered on analysis, decision making, and implementation.

The Master of Science in Management is a specialized program requiring a minimum of 30 credit hours of graduate work and must:

  • Focus on enterprise management or innovation and entrepreneurship. It must not be of a general business nature. See below for a list of areas of concentrations.
  • Include the four core courses as defined below, four courses in an approved area of concentration, one elective, and a culminating experience (CAPSTONE course). The program must meet the requirements of the Graduate School. A Plan of Study must be approved by the Assistant Dean for Academic Programs
  • Include a three-credit CAPSTONE course ordinarily completed in the final term, which is satisfied by either: a) MGMT-6680 Strategy, Technology, and Global Competitive Advantage b) MGMT-7540 Leadership and Organizational Improvement; or c) MGMT-7980, CAPSTONE Project Course with the approval of a full-time faculty member. See below for additional details.
The following is a typical ten-course M.S. program sequence. The four core courses are normally offered every term.
 
Course Sequence
Credits
Management Core: Background in Key Areas of Management

MGMT-7740 Accounting for Reporting and Control
(Formerly MGMT-6190 Financial and Managerial Accounting)
3
MGMT-6040 Creating and Managing an Enterprise I
(Formerly MGMT-6710 Designing, Developing, and Staffing High-Performance)
Organizations I
3
MGMT-6020 Financial Management I
(Formerly MGMT-6310 Financial Management and Valuation of Firms)
3
MGMT-6050 Creating and Managing an Enterprise II
3
Concentration: Four Courses in a Focused Area of Study (see below)

   MGMT-xxxx Concentration Course #1
3
   MGMT-xxxx Concentration Course #2
3
   MGMT-xxxx Concentration Course #3
3
   MGMT-xxxx Concentration Course #4
3
   MGMT-xxxx Elective Course
3
   MGMT-xxxx CAPSTONE Course (MGMT-6680 or MGMT-7540 or MGMT-7980)*
3
TOTAL CREDITS
30

* See below for more information on CAPSTONE.

Management and Technology Concentrations
A Concentration is a 12-credit-hour (four-course) sequence of related course work that is required for the M.S. in Management program (see above) but not required for the M.B.A. Neither the diploma nor the transcript will specify a concentration. There are two main concentrations; Innovation and Entrepreneurship, and Enterprise Management. Specific requirements for each concentration are described below.

Innovation and Entrepreneurship
This concentration has been designed for students who have an interest in technological innovation, new product development, technological entrepreneurship, and new venture creation in established firms and start-up companies. It prepares professionals in the strategic management of innovation and the integration of the technical function with other corporate functions and goals.

Students must select four concentration courses pertaining to Innovation and Entrepreneurship:
MGMT-6060 Business Implications of Emerging Technologies
MGMT-6600 Research and Development Management
MGMT-6620 Principles of Technological Entrepreneurship
MGMT-6630 Starting Up A New Venture
MGMT-6730 Technological Change and International Competitiveness
MGMT-6810 Management of Technical Projects
MGMT-7003 Sustainable Business Development
MGMT-7050 Developing Innovative New Products and Services I (Formerly MGMT-6560 Managing New Product Development)
MGMT-7060 Developing Innovative New Products II

Enterprise Management
This concentration has been designed for students who are interested in the integration of supply networks, operations, marketing, finance, and management of information systems. It prepares student for management careers at several different levels of the product and service organization by developing the knowledge necessary to support and add value to the underlying strategic focus of a management system.

Students must select four concentration courses from one of the following areas of specialization:

Operations Management
Executives in every kind of organization-large and small, private and public, for-profit and not-for-profit, can utilize the tools delivered in this specialization to form high level strategy and improve day-to-day operations; to unlock the value of their data; to model complex systems; and to make better decisions with less risk. The courses will help improve processes, productivity, and performance across the entire business enterprise, whether its focus is service or production.

Select four courses from the following:
MGMT-6100 Statistics and Operations Management I
MGMT-6110 Statistics and Operations Management II
MGMT-6450 Manufacturing Systems Management
MGMT-6470 Management of Quality, Processes, and Reliability
MGMT-6480 Service Operations Management
MGMT-6490 Competitive Advantage and Operations Strategy
MGMT-7500 Managing Supply Networks

Global Enterprise Management
This specialization explores the rapidly evolving managerial and technological environments which students will encounter as professionals in a competitive global marketplace. Special emphasis is placed on the following areas: multinational business environments, varying levels of technology, finance, trade issues, politics, and cross-cultural dynamics.

Select four courses from the following:
MGMT-6290 Macroeconomics and International Environments of Business
MGMT-6360 International Finance
MGMT-6390 International Operations (Formerly MGMT-6350 International Business)
MGMT-6550 Marketing Research
MGMT-6730 Technological Change and International Competitiveness
MGMT-7120 International Marketing
MGMT-7700 International Negotiations
MGMT-7710 Cultural Environment of International Business

Finance
This specialization prepares students for a career path in corporate finance functions and for careers in the financial services industries. The special finance problems in high-tech industries are explored as well as the impact of technology on financial markets and the financial manager in modern corporations. To provide students with a broad finance background, students take four courses beyond the core financial management courses (MGMT-6190 Financial and Managerial Accounting and MGMT-6310 Financial Management and Valuation of Firms) which are prerequisites for the courses listed below:

Select four courses from the following:
MGMT-6030 Financial Management II
MGMT-6320 Investment Analysis I
MGMT-6330 Investment Analysis II
MGMT-6360 International Finance
MGMT-6380 Advanced Corporate Finance
MGMT-6400 Financial Econometrics Modeling
MGMT-6960 Taxation for Business and Investment
MGMT-7210 Acquisition and Venture Analysis

Management Information Systems
This specialization is designed for professionals responsible for achieving competitive advantage through the integration of information technology into organizations. The specialization courses use an interdisciplinary approach to the practices and methodologies of systems analysis, design, development, and integration and evaluation of information technology into business functions and processes.

Complete the following courses:
MGMT-6140 Information Systems Management
MGMT-6170 Advanced Systems Analysis and Design
MGMT-6180 Strategic Information System Management
MGMT-6750 Legal Aspects of E-Business and Information Technology
MGMT-6810 Management of Technical Projects

Dual Master's Programs
The dual degree option offers students the opportunity to receive two master's degrees in a shorter period of time than if the degrees were pursued independently. The objective is to combine technical expertise in information technology, engineering, or computer science by obtaining an M.S. degree in one of these disciplines with an M.S. in management or an M.B.A degree.

The dual M.B.A/M.S. option allows the student to complete both degrees by taking a total of 72 credit hours (the M.B.A. alone is 60 credits). The dual M.S./M.S. option allows the student to complete both degrees by taking a total of 54 credit hours (the M.S. in management is 30 credits).

Upon acceptance to both programs, students confer with academic advisors in both disciplines to determine their Plans of Study. The Plans of Study are submitted for both degree programs and separate diplomas reflect a degree in each discipline.

Please contact your advisor for the name of the dual degree faculty coordinator.

The CAPSTONE Course Requirement
All students enrolled in the M.B.A. and M.S. programs in the Lally School of Management and Technology are required to complete a 3-credit CAPSTONE course. The CAPSTONE serves as an opportunity for students to synthesize the body of knowledge gained during their course of study and is ordinarily completed in the final term of the degree program.

CAPSTONE Course Requirement for the M.B.A. Program
The CAPSTONE course requirement for the M.B.A. program is satisfied by students taking the required course MGMT-7030, Strategy, Technology, and Competition.

CAPSTONE Course Requirement for the M.S. Program
The CAPSTONE course requirement for the M.S. program can be satisfied by either:

  • Taking MGMT-6680 Strategy, Technology, and Global Competitive Advantage or MGMT-7540 Leadership and Organizational Improvement.
  • Conducting an independent research project (MGMT-7980) with the approval of a full-time faculty advisor. The independent research should result in a high-quality research paper that is suitable for publication in a journal. Such efforts are to be separate and independent of course work used to satisfy other M.S. program requirements.

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Updated: 2008-09-24, 15:28