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Beta Gamma Sigma is an international honor society that recognizes academic excellence in business and management programs. It was founded in 1913 and is affiliated with AACSB International, which accredits business schools. Membership is typically offered to the top students in business programs at universities that are accredited by AACSB, with eligibility often restricted to the top 10% of undergraduates and the top 20% of graduates.
Being a member of Beta Gamma Sigma provides students with networking opportunities, access to exclusive events, and the ability to showcase their academic achievements on their resumes. The society also emphasizes the importance of ethical leadership and service in the business community. Would you like to know more about its history, membership requirements, or benefits?
The Society was founded on February 26, 1913 with the union of three pre-existing local societies for men in commerce and economics. These were: Beta Gamma Sigma (1907) at the University of Wisconsin, the Economics Club (1906) at the University of California, and Delta Kappa Chi (1910) at the University of Illinois. The three are considered co-equal founding institutions.
The mission of Beta Gamma Sigma is to encourage and honor academic achievement in the study of business; cultivate and celebrate leadership and professional excellence and build their professional skills; to foster an enduring commitment to honor and integrity, the pursuit of wisdom, earnestness, and service; and to serve its lifetime members by helping them network and connect.
In 1919, Beta Gamma Sigma was designated by the American Association of Collegiate Schools of Business (AACSB) as “the scholarship society” for students in commerce and business administration. Today, only AACSB schools are eligible to host chapters.
On April 29, 1933, Beta Gamma Sigma merged with Gamma Epsilon Pi, a similar organization that had been formed to serve women. Gamma Epsilon Pi had been founded on March 26, 1918, also at the University of Illinois. Beta Gamma Sigma was older, by five years, and the society retained its name.
Governance of the society is by convention, held biennially, with intermediate administration vested in a Board of Governors, these holding staggered, four-year terms. The organization is a member of the Association of College Honor Societies.
In 2020, Beta Gamma Sigma added new societal impact standards and practices, declaring that business can be a force for global good and have committed to incorporating the environmental, social, & governance (ESGs) criteria and the Sustainable Development Goals (SDGs) into their business operations and programming.
Beta Gamma Sigma members reside in over 190 countries and there are more than fifty alumni chapters and networking groups located in major metropolitan areas and other regions worldwide. Alumni groups provide ongoing educational and networking opportunities for members in person and virtually.
