Founded in 1919, Beta Alpha Psi is an honor 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 and/or EQUIS accredited. We are not a fraternity or sorority but an honors organization.
The purpose of Beta Alpha Psi is to engage with members, industry and educational institutions associated with the Beta Alpha Psi Professions to:
Motivate, recognize and celebrate academic excellence
Facilitate workplace readiness, employment, credentialing, mentoring, networking and lifelong learning
Foster a commitment to ethics, service, belonging, and environmental, social, governance-responsible practices
Advocate for the benefits of education, practice, credentialing and partnering associated with the Beta Alpha Psi Professions
Support the shaping of the relevant and successful evolution of education, practice and credentialing associated with the Beta Alpha Psi Professions
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:
Beta Alpha Psi is governed by a constitution and bylaws.
The governing body is the Board of Directors.
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.
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.
11 members were initiated into the first BAP chapter.
First African-American member, William L. Camfield, initiated.
First female member, Jeannine Skelton (McKee) initiated.
Initiation fee was $7.50.