About Beta Alpha Psi

Posted by BAHA DIYAROV - Sep 23, 2024
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Founded in 1919, Beta Alpha Psi is an honors organization for financial information students and professionals. There are over 300 chapters on college and university campuses with over 300,000 members initiated since Beta Alpha Psi’s formation. All of our chapters are AACSB, ACBSP, EPAS, EFMD, and/or EQUIS accredited. We are not a fraternity or sorority but an honors organization.

Purpose

The purpose of Beta Alpha Psi is to engage with members, industry and educational institutions associated with the Beta Alpha Psi Professions to:

Academic Excellence
Motivate, recognize and celebrate academic excellence

Professional Development
Facilitate workplace readiness, employment, credentialing, mentoring, networking and lifelong learning

Responsible Practices
Foster a commitment to ethics, service, belonging, and environmental, social, governance-responsible practices

Advocacy
Advocate for the benefits of education, practice, credentialing and partnering associated with the Beta Alpha Psi Professions

Shaping
Support the shaping of the relevant and successful evolution of education, practice and credentialing associated with the Beta Alpha Psi Professions

VISION

Beta Alpha Psi will shape the financial and business information professions by developing members into ethical, professional, and confident leaders.

MISSION

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, business technology, and analytics,
  • providing opportunities for service, professional development, and interaction among members and financial professionals; and
  • fostering lifelong ethical, social, and public responsibilities.

Diversity/Inclusion/Belonging Policy

Beta Alpha Psi is committed to fostering a culture of diversity, inclusion and belonging. We believe that bringing together diverse backgrounds, cultures and perspectives provides our stakeholders and members a safe environment to develop and grow both professionally and personally. All chapters are responsible for promoting a diverse, inclusive and welcoming environment.

Anti-Hazing Policy

Beta Alpha Psi does not tolerate any type of actions or activities related to hazing. Hazing is defined as any action or activity that intentionally encourages mental or physical discomfort, embarrassment, harassment or ridicule to anyone. Any chapter that participates in any activity that can be considered hazing shall have their charter revoked immediately.

Funding

Beta Alpha Psi gains a portion of its annual budget from a chapter maintenance fee and a one-time initiation fee.

Although there are other minor revenues from royalties and interest on investments, the bulk of the receipts come from contributions from industry, consulting and professional service firms.

Emblem

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.

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