The Lally School of Management was founded in 1963 as part of Rensselaer Polytechnic Institute. Its current mission statement is "To bridge management and technology to create sophisticated global business leaders who are prepared to guide their organizations in the conversion of pioneering ideas and analytical insights into innovative products, processes, and businesses." The school is housed in the historic Pittsburgh Building on 110 8th Street on RPI's campus in Troy, New York.
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