Beta Gamma Sigma (BGS) was the first US american honor society in business. In 1913 three separate societies (Beta Gamma Sigma from the University of Wisconsin, Delta Kappa Chi from the University of Illinois, and The Economics Club from the University of California) merged to form one to honor academic achievement in business. In 1919 Beta Gamma Sigma was pronounced as the only scholastic honor society recognized by the American Assembly of Collegiate Schools of Business (AACSB) and in 1921 Beta Gamma Sigma amended its constitution to restrict the installation of new chapters to collegiate schools of business which are accredited members of AACSB International (Association to Advance Collegiate Schools of Business). Founded in the U.S., BGS has added collegiate Chapters in more than 20 countries worldwide and has inducted more than 700.000 outstanding students from more than 160 countries into membership since its founding.
The BGS mission is to encourage and honor academic achievement in the study of business, foster personal and professional excellence, advance the values of the Society, and serve its lifelong members. The Society’s name is composed of three letters of the Greek alphabet which signify honour (Bebaeos), wisdom (Gnosis), and earnestness (Spoude).
The Mission is supported by the five Objectives of the Society. These include:
- Encourage an honor high academic achievement by students of Business and Management through chapters in business programs accredited by AACSB International
- Foster in Beta Gamma Sigma members an enduring commitment to the founding principles and values of the Society: honor and integrity, pursuit of wisdom, and earnestness.
- Support the advancement of business thought and practice to encourage lifelong learning.
- Enhance the value of Beta Gamma Sigma for students and alumni members in their professional lives.
- Advance the visibility and reputation of Beta Gamma Sigma.
The membership is the highest recognition a business student anywhere in the world can receive in an undergraduate, masters or doctoral program at a school accredited by AACSB International – and this by invitation only. Invited members are nominated for membership once a year based on criteria that are set according to the BGS rules. Membership certificates are awarded at an induction ceremony.
Baccalaureate Student Membership
Candidates for baccalaureate degrees whose academic rank is in the upper 10 percent of their class may be inducted.
Students in the next to last year of study (equivalent in course work: 2/3 of credits) ranked among the upper 10 percent of their class may be inducted in the last term or semester of that year.
Students in their final year who were not previously inducted may be inducted at any time during their final year if their academic rank is in the upper 10 percent of their class.
Graduate Student Membership
Candidates for master degrees whose academic rank is in the upper 20 percent of their master class may be inducted following completion of at least 50 percent of their degree program.
Once it is determined that the student has met all academic qualifications he or she will receive a written invitation with instructions on how to become a member. Students who are invited to join must pay a Beta Gamma Sigma initiation fee (77$), which when processed and verified, will grant them all the privileges of membership.
Lifetime membership is the key benefit of Beta Gamma Sigma. Members will forever be connected to the CEO's, CFO's and presidents of some of the world's most important organizations. Beta Gamma Sigma members now number more than 700.000.
The members gain access to the Society's premium online career tool. Developed to serve members at every stage of their careers, BGS's career resources includes the following:
- CareerCentral Job Board
- Featured Employers
- Career Coaching
- Dress for Success
- Additional Resources
One of the greatest resources avaiable to lifetime members of Beta Gamma Sigma are other lifetime members of Beta Gamma Sigma. In addition of BGS Social Network appearances (LinkedIn, Twitter, Facebook, Instagram), the Society's alumni chapter program, the Alumni Network, stretches all over the world; alumni chapters in 21 major metropolitan areas allow the members to meet and network with each other. With business leaders from a variety of industries represented, these chapters provide a tremendous opportunity for members just getting started, or those who are well established, to get more from their lifetime membership.
Beta Gamma Sigma knows three out of four of its lifetime members will, at some point, pursue a graduate degree. So, if graduates school is not already in your plans, there's a good chance it will be in future. Below are helpful resources to get you there:
- Graduate Scholarships
- Virtual Graduate School Fair
- Academic Affiliates
- Test Prep
- GMAT and Apllication fee Waivers
In addition to this important benefits for your career, Beta Gamma Sigma offers more:
- BGS International Exchange magazine – published four times annually, this magazine helps support and advances the society’s advancement of business through articles, speeches by nationally and internationally recognized business professionals, plus other business-related activities
- B-Zine – this is an email magazine produced six times a year. Each B-Zine addresses a current topic and provides lifelong learning opportunities
- Subscription and Publication Discounts (Bloomberg Businessweek, Fortune, Money, Barron's...)
- Insurance and Financial Benefits (Auto Insurance Program, Health Insurance Program, VISA Card Program)
- Professional Attire
- Technology Offers (Apple, Lenovo ...)
- Travel Discounts and Offers
Please visit the Beta Gamma Sigma website at www.betagammasigma.org or go directly to the BGS FAQs to learn more about the society. Should you have any questions or wish to recieve additional Information regarding your BGS Membership, please contact the Chapter Advisor Professor Dr. Dirk Wentzel by E-Mail (dirk.wentzel(at)hs-pforzheim(dot)de) or call him during Office hours (07231/28-6293).