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Beta Alpha Psi

logo of Beta Alpha Psi logo at Loyola's Water Tower Campus

Beta Alpha Psi is an international honor organization, founded in 1919, for financial information students and professionals. It is not a fraternity or sorority, but an honors organization. It is widely recognized as the premier honor society for college students in the financial disciplines. Members have exclusive access to industry professionals, alumni, and faculty at member-only events.

The primary objective of Beta Alpha Psi is to encourage and give recognition to scholastic and professional excellence in the business information field. This includes promoting the study and practice of accounting, finance, and information systems, providing opportunities for self-development, service, and association among members and practicing professionals, and encouraging a sense of ethical, social, and public responsibility. BAP has earned the respect of accounting firms, industry, and faculty because it maintains high standards and expectations for members. Our success is dependent on the strong, active participation of our members.

Students are initially eligible to participate in Beta Alpha Psi as a candidate. The requirement that corresponds to candidate status is a declared or intended concentration in accounting, finance, or information systems.

Candidate status has a one-time fee of $75.

After fulfilling the following requirements, students are eligible for full member status in the organization:

  1. Declared concentration in accounting, finance, or information systems
  2. Completion of one-and-one-half years of collegiate courses and at least one major course (accounting, finance, business analytics or digital technology corresponding to major area) beyond the principles or introductory level
  3. A 3.0 cumulative GPA (A = 4.00) in upper-level major courses
  4. A 3.0 cumulative GPA (A = 4.00) in all subjects completed

Full member status has a one-time fee of $140, granting life-time membership.

If you meet the above requirements and intend to join, please understand that it is very important that you participate in the activities of the organization. Active membership is important not only to take advantage of your privileges of membership, but also to fulfill our requirements as part of the Beta Alpha Psi international organization. A significant majority of our professional, technical, and social gatherings are held in the afternoon and evening. Information concerning membership is available on the Loyola BAP website. If you have any additional questions regarding membership, please contact the faculty advisor: Professor Peter Kolos at pkolos@luc.edu.

Application for Membership

What We Do

In seeking to promote and recognize scholastic achievement and professional excellence between accounting, finance, and information systems students, professionals, and alumni, our detailed objectives include:

  • To encourage interest in the accounting, finance, and information systems professions
  • To provide opportunities for members to interact with accounting and business professionals, faculty, and other students
  • To provide informative programs, encouraging the development of professional growth
  • To provide assistance to campus and community organizations, as well as to encourage cooperation and association with other student organizations and BAP Chapters
  • To increase interaction with Chicago area accounting firms and industry through promotion of accounting, finance, and information systems excellence, as well as participation in placement service activities and industry tours

About BAP

Beta Alpha Psi is an international honor organization, founded in 1919, for financial information students and professionals. It is not a fraternity or sorority, but an honors organization. It is widely recognized as the premier honor society for college students in the financial disciplines. Members have exclusive access to industry professionals, alumni, and faculty at member-only events.

The primary objective of Beta Alpha Psi is to encourage and give recognition to scholastic and professional excellence in the business information field. This includes promoting the study and practice of accounting, finance, and information systems, providing opportunities for self-development, service, and association among members and practicing professionals, and encouraging a sense of ethical, social, and public responsibility. BAP has earned the respect of accounting firms, industry, and faculty because it maintains high standards and expectations for members. Our success is dependent on the strong, active participation of our members.

Students are initially eligible to participate in Beta Alpha Psi as a candidate. The requirement that corresponds to candidate status is a declared or intended concentration in accounting, finance, or information systems.

Candidate status has a one-time fee of $75.

After fulfilling the following requirements, students are eligible for full member status in the organization:

  1. Declared concentration in accounting, finance, or information systems
  2. Completion of one-and-one-half years of collegiate courses and at least one major course (accounting, finance, business analytics or digital technology corresponding to major area) beyond the principles or introductory level
  3. A 3.0 cumulative GPA (A = 4.00) in upper-level major courses
  4. A 3.0 cumulative GPA (A = 4.00) in all subjects completed

Full member status has a one-time fee of $140, granting life-time membership.

If you meet the above requirements and intend to join, please understand that it is very important that you participate in the activities of the organization. Active membership is important not only to take advantage of your privileges of membership, but also to fulfill our requirements as part of the Beta Alpha Psi international organization. A significant majority of our professional, technical, and social gatherings are held in the afternoon and evening. Information concerning membership is available on the Loyola BAP website. If you have any additional questions regarding membership, please contact the faculty advisor: Professor Peter Kolos at pkolos@luc.edu.

Application for Membership

What We Do

In seeking to promote and recognize scholastic achievement and professional excellence between accounting, finance, and information systems students, professionals, and alumni, our detailed objectives include:

  • To encourage interest in the accounting, finance, and information systems professions
  • To provide opportunities for members to interact with accounting and business professionals, faculty, and other students
  • To provide informative programs, encouraging the development of professional growth
  • To provide assistance to campus and community organizations, as well as to encourage cooperation and association with other student organizations and BAP Chapters
  • To increase interaction with Chicago area accounting firms and industry through promotion of accounting, finance, and information systems excellence, as well as participation in placement service activities and industry tours

About BAP