Lally Scholars, How it Works

Lally Scholars: How It Works

A simple structure. A personalized path.

The Lally Scholars Program combines shared commitments, elective experiences, a final capstone, and a verified achievement record. Every Scholar follows the same high standard, while shaping the program around their interests and goals.

The Program Structure

Four parts shape the Scholar experience

Scholars begin with five foundational commitments, choose elective engagements that match their interests, complete a final capstone, and graduate with the Lally Scholars Achievement Record.

01

Complete five shared commitments

Every Scholar completes a set of core experiences that build the cohort and ensure each student develops a strong base in leadership, AI, professional growth, and applied work.

02

Choose your own path

Scholars choose elective engagements that align with their interests, career goals, and strengths. At least one experience must be in-depth and require significant time, responsibility, and reflection.

03

Present a final capstone

Each Scholar completes a capstone that brings their work together in one substantial project and presents it at the annual Lally Scholars Symposium.

04

Graduate with verified evidence

Finally, each Scholar graduates with the Lally Scholars Achievement Record, an official credential documenting completed experiences and gained competencies.

The Five Foundational Commitments

Every Scholar completes five core experiences

These commitments create a shared foundation across the cohort while giving students hands-on experience in AI, leadership, professional development, community, and capstone work.

Commitment One

AI Academy Sprint

Scholars participate in a thirty-day AI Academy sprint, working in teams to build and present an AI-powered solution. This experience gives students hands-on exposure to artificial intelligence, product thinking, teamwork, and applied innovation.

Commitment Two

Lally Scholars Society

Scholars join the Lally Scholars Society, a cohort-based community that connects students with peers, faculty, alumni, and school events. Through the Society, Scholars represent Lally and help shape the culture of the program.

Commitment Three

Engagement and leadership role

Each Scholar takes on a substantive engagement or leadership role. This may include leading a student team, mentoring peers, organizing an event, serving as a Lally Ambassador, or contributing to the school community in a visible way.

Commitment Four

Professional milestone

Scholars complete a professional milestone such as earning an industry certification, presenting at a conference, participating in an externship, or completing a job shadow. This requirement helps students connect classroom learning to career readiness.

Commitment Five

Capstone

In the final year, every Scholar completes a capstone that brings together the work completed through the program. The capstone may grow from faculty research, an entrepreneurial venture, investment fund work, a consulting project, or another approved experience.

Choose Your Path

Elective experiences let Scholars shape the program around their goals

After completing the foundational commitments, Scholars choose at least four elective engagements. At least one must be an in-depth option that requires significant time, responsibility, and reflection.

Faculty research

James Student-Managed Investment Fund

Study abroad

Entrepreneurial venture

Corporate immersion

Club leadership

Case competition

Industry field trip

Community outreach

Extra certification

Pro bono consulting

Published writing

Build and ship a digital product

Open-source contribution

career tracks

Tracks are optional, curated paths through the electives above.

Each names a destination and recommends an in-depth elective, supporting experiences, a professional milestone, and a capstone theme. The point is evidence: every track ends with something you can show, whether a shipped product, adopted tooling, or a delivered client engagement, documented in the Achievement Record. Follow one, combine two, or design your own path.

Product Management and Technology Strategy

For students targeting APM and rotational technology programs. Suggested path: extend your AI Academy build, add corporate immersion at a technology firm and a case competition, earn a product management certification, and complete a capstone that pairs a working product with a go-to-market analysis.

AI and Data Leadership

For students targeting data science, analytics, and applied AI roles. Suggested path: faculty research in analytics or applied AI, published writing, a cloud ML or analytics certification, and a capstone that pairs an applied AI systems with a governance or business impact analysis.

Cybersecurity and Risk

For students targeting security engineering, governance and risk, or cyber consulting. Suggested path: pro bono security assessments for Capital Region nonprofits and small businesses, faculty research, a Security+ or ISC2 certification, and a capstone that delivers a risk assessment or governance framework to a real client.

Technology Consulting and Solutions Engineering

For students targeting technology consulting and solutions or sales engineering. Suggested path: pro bono consulting with a technical deliverable, corporate immersion, a cloud certification, and a capstone that carries a client engagement from scoping through a delivered solution.

Digital Product and User Experience

For students targeting UX engineering, fron-end development, and product design. Suggested path: build tools for local organizations through community outreach, publish portfolio writing, earn a UX or front-end credential, and complete a capstone around a shipped product with usability testing.

Technology Entrepreneurship

For founders and early-stage startup roles. Suggested path: an entrepreneurial venture through the Severino Center, a pitch competition, and a capstone built around a launch with traction evidence.

FinTech and Quantitative Systems

For students targeting fintech, trading technology, and quantitative development. Suggested path: build analytics, screening, and reporting tools for the James Student-Managed Investment Fund, add faculty research and a markets credential, and complete a capstone around production tooling the Fund adopts.

Investment Management

For students targeting asset management, equity research, and capital markets. Suggested path: the James Student-Managed Investment Fund, faculty research, an industry certification, and a capstone drawn from fund work.

Strategy and Consulting

For students targeting consulting and corporate strategy. Suggested path: pro bono consulting, case competitions, corporate immersion, and a capstone built around a client engagement.

Global Business

For students targeting international roles. Suggested path: study abroad, corporate immersion, a leadership role, and a capstone with a cross-market focus.

A structure with room to grow

This structure gives students both guidance and flexibility. A student headed for the tech sector may extend the AI Academy build, ship a product, earn a cloud or security certification, and complete a capstone that pairs a working system with a business case. A student interested in finance may focus on the investment fund, research, and industry certifications. A student interested in entrepreneurship may build a venture, publish writing, and complete a capstone around a new product.

A student interested in global business may combine study abroad, corporate immersion, leadership, and research. The path is personal, but the standard is shared.

The path is personal, but the standard is shared. Every Scholar must do the work.

Back to top