Constitution of Beta Alpha Psi

Last Updated: July 2024

ARTICLE I - 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

ARTICLE II - INSIGNIA

The seal shall be circular in form with the legend "Beta Alpha Psi" encircling a reproduction of the insignia and the year "1919."

Section 1. The colors of Beta Alpha Psi shall be black and crimson.

Section 2. The official banner of Beta Alpha Psi shall consist of the insignia in black and gold on a crimson background with gold lettering.

Section 3. The certificate(s) of membership shall be authenticated by official signatures and bear a facsimile of the seal of Beta Alpha Psi.

Section 4. The membership badge, key, or pin(s) shall be a black and gold reproduction of the official insignia of Beta Alpha Psi.

Section 5. The candidate pin(s) shall conform to the design of the badge.

Section 6. All insignia shall be obtained through the Executive Office or its designated supplier.

ARTICLE III - MEMBERS

Section 1. The membership of Beta Alpha Psi shall be limited to those persons who have achieved scholastic and/or professional excellence in the fields related to accounting, finance, business technology, and analytics.

Section 2. The members of Beta Alpha Psi shall be those persons who have been initiated in accordance with the Bylaws of the Organization, have paid the required fees, and are in good standing.

Section 3. Membership shall be open to all persons regardless of race, color, sex, age, religion, disability, national origin, sexual orientation, or veteran status.

Section 4. Membership shall be evidenced by a certificate of membership, authenticated by official signatures and the seal of Beta Alpha Psi, that shall be issued to each Student, Faculty, and Honorary initiate upon payment of the candidate fee, as applicable.

Section 5. Membership shall consist of four categories: Student, Faculty, Alumni, and Honorary. 

Section 6. Membership may be terminated by resignation or expulsion.

ARTICLE IV - ORGANIZATION

Section 1. The affairs of Beta Alpha Psi shall be conducted through an Organization wide Board of Directors, an International Chapter, and local Chapters.

Section 2. The Board of Directors shall have legislative, administrative, and judicial authority and responsibility for governing the affairs of Beta Alpha Psi.

Section 3. The International Chapter shall be convened annually to receive reports and consider such matters as the Board of Directors may bring before it.

Section 4. Chapters of Beta Alpha Psi shall be established only at not-for-profit bachelor’s or higher degree granting institutions with Business Schools that are accredited members of AACSB, ACBSP, EPAS, EFMD or EQUIS. The petitioning process to have a chapter of Beta Alpha Psi can begin once a business school is in the candidacy process for accreditation.

ARTICLE V - DISSOLUTION

Upon dissolution, any remaining net assets of Beta Alpha Psi shall be distributed solely to other exempt organizations that qualify under the provisions of Section 501(c)(3), as in effect January 1, 1987, or succeeding statutory provisions.

ARTICLE VI - AMENDMENTS

Amendments to the Constitution and Bylaws must be voted on during either the August Board meeting or the January Board meeting. No proxy votes are permitted.  Procedures for amendments are set forth in the Policy and Procedures Manual and must be strictly followed.

Bylaws of Beta Alpha Psi

The Bylaws of Beta Alpha Psi are currrently under review.