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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.
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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