Beta Alpha Psi National Council

Overview

Beta Alpha Psi National Council is a nonprofit organization that oversees the activities of Beta Alpha Psi, an international honorary and service organization focused on accounting, finance, and information systems students. Beta Alpha Psi operates over 300 chapters located on college and university campuses, predominantly at institutions accredited by organizations such as AACSB or EQUIS.

History

Beta Alpha Psi was founded in 1919 with the core principles of scholarship, practicability, and sociability. It officially became a national organization in February 1921. The organization has grown significantly, from 11 members initially to over 300,000 members today, including both current and alumni members.

Mission

The mission of Beta Alpha Psi is to foster academic excellence, professional development, and responsible practices among its members. It aims to encourage ethical behavior, service, and social responsibility within the fields of accounting, finance, and information systems. The organization also supports the evolution of these professions by advocating for education, credentialing, and practice standards.

Structure

Beta Alpha Psi is governed by a constitution and bylaws, with a Board of Directors overseeing its activities. Each chapter has student officers responsible for managing chapter operations and organizing activities that align with the organization's mission. Chapters are required to have at least one faculty advisor and must enact their own constitutions without contradicting the National Constitution and Bylaws.

Activities

Chapters engage in a variety of activities, including meetings and programs that orient members to accounting, finance, and information systems professions. Members benefit from networking opportunities with alumni and recruiters, as well as community service events. Beta Alpha Psi sponsors scholarships and recognizes superior chapters through an incentive program based on planning, organization, and member involvement.

Ethical Standards

The organization emphasizes ethical conduct and does not tolerate hazing activities. Any chapter found engaging in hazing will have its charter revoked immediately.

Funding

Beta Alpha Psi receives funding through chapter maintenance fees, initiation fees, and contributions from industry partners. The organization also generates revenue from royalties and interest on investments.

Community Impact

Beta Alpha Psi plays a significant role in developing members into ethical, professional, and confident leaders in their fields. The organization supports its members through lifelong learning opportunities and fosters a sense of responsibility and service in the accounting, finance, and information systems communities.

EIN

The EIN for Beta Alpha Psi National Council is 82-2078477. This organization is recognized by the IRS as a tax-exempt entity.