[6][7] Lally offers a range of undergraduate, graduate, and doctoral programs, with specializations in areas such as business analytics, management, entrepreneurship, and finance.

The school places a strong emphasis on research and interdisciplinary collaboration, drawing on RPI's strengths in science, engineering, and technology to prepare students for leadership roles in various sectors of the global economy.

[9][10] Lally's faculty includes scholars and industry professionals who engage in research across disciplines such as finance, information technology, supply chain management, and artificial intelligence.

To help the management school gain national prominence, the Lallys gave $15 million, which was, up until 2001, the largest single gift in Rensselaer's history.

They take on real-world problems and research for local companies; and work with faculty on radical innovation projects for large, established firms.