ABOUT: BETA ALPHA PSI (ΒΑΨ)
Beta Alpha Psi is to encourage and give recognition to scholastic and professional excellence in the business information field. This includes promoting the study and practice of accounting, finance, and information systems; providing opportunities for self-development, service, and association among members and practicing professionals; and encouraging a sense of ethical, social, and public responsibility.
Beta Alpha Psi was founded in 1919. Currently, there are over 300 chapters on college and university campuses around the world with over 300,000 members initiated since Beta Alpha Psi's inception. Membership in Beta Alpha Psi includes those persons of good moral character who have achieved scholastic and/or professional excellence in the fields of accounting, finance, or information systems and have been initiated by an existing local chapter. Minimum requirements for undergraduate membership are set forth in the national by-laws and can be modified upwards on a chapter-by-chapter basis.
Beta Alpha Psi will shape the financial and business information professions by developing members into ethical, professional, and confident leaders.
The mission of Beta Alpha Psi, the premier international honor and service organization for financial and business information students and professionals, is to inspire and support excellence by:
encouraging the study and practice of accountancy, finance, and information systems;
providing opportunities for service, professional development, and interaction among members and financial professionals; and
fostering lifelong ethical, social, and public responsibilities.
The emblem of Beta Alpha Psi denotes the promise of careers for financial information professionals. The rising sun signifies these professional positions as rising ever higher among economic activities. The crossed keys symbolize knowledge as a means of opening the doors of the financial world. The letters Beta, Alpha, and Psi denote scholarship, social responsibility, and practicality, respectively.
Beta Alpha Psi is governed by a constitution and by-laws set forth by the National Chapter. To view each of these documents, please click here. The National Chapter is comprised of all faculty advisors, student presidents, and past and present officers of Beta Alpha Psi. Oversight of the National Chapter is provided by a Board of Directors, which consists of thirteen financial information professionals in accounting, finance, and information systems; the chair of the International Advisory Forum; and two alumni representatives. Alumni representatives are chosen from recent graduates who were active in Beta Alpha Psi. The International Advisory Forum provides the Board of Directors with external advice and assistance pertaining to both regular operations and special projects and is comprised of prominent professionals who are active in various service companies, industry firms, and the government. All board members (regardless of their position) serve three-year terms.
The National Chapter delegates most ground-level managerial and operations functions to the officers and faculty advisors of each local chapter. A local chapter is comprised of all the inducted students and faculty members at a particular school. Local chapters can construct their own constitution and by-laws, but they must not contradict (nor supercede) those of the National Chapter. In general, student officers guide the chapter's activities and are responsible for scheduling events, fundraising, partnering with companies, and fostering chapter growth. Various reports and dues remittances must be provided by the local chapters to the National Chapter on a semester-by-semester basis. Beta Alpha Psi is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code. Contributions to Beta Alpha Psi (and its local chapters) are tax deductible.