Resources : FAQ
The following is a list of frequently asked questions that are often asked about Beta Gamma Sigma, and the Society's answers to those questions.
Q: Is Beta Gamma Sigma a fraternity, sorority, or what?
It is neither. Beta Gamma Sigma is a business honor society that recognizes the most outstanding students of business at institutions accredited by AACSB International - The Association to Advance Collegiate Schools of Business.
Q: How does one become a member of Beta Gamma Sigma?
Students are chosen by the faculty of their business schools to be invited to membership in the Society. To be eligible for invitation, students must a) be enrolled in a business program at a school accredited by AACSB International that has a chapter of Beta Gamma Sigma; and b) be in the upper 10 percent of the junior class (second semester), upper 10 percent of the senior class, upper 20 percent of the graduating master's class, or completed all requirements to receive a doctorate.
Q: What do I gain from BGS membership?
BGS membership presumes that the student is one of the very best, making it unnecessary to explicitly set forth one's GPA. When applying for jobs, BGS members typically indicate their BGS membership in their resume to improve their opportunity for success.
In some larger metropolitan areas, BGS has professional chapters for members who now live in the same city but who may have graduated from different schools. This greatly broadens one's opportunity to network and build relationships that open up new horizons in one's field of eligibility.
Q: Who are members of BGS in business?
In the invitation packet, there is a flyer identifying BGS members who are now CEOs and Presidents of major US companies. For example:
- Christopher B. Galvin, CEO, Motorola Inc.
- Leonard A. Lauder, Chairman and CEO, The Estee Lauder Companies
- Joseph A. Pichler, Chairman and CEO, The Kroger Company
- Benjamin M. Rosen, Chairman, Compaq Computer Corporation
- John F. Smith, Jr., Chairman and CEO, General Motors Corporation
- Leonard N. Stern, Chairman and CEO, Hartz Mountain Company
- Lawrence A. Weinbach, Chairman, President and CEO, UNISYS Corporation
Q: Are there annual dues required to remain an active member of the organization?
No. Beta Gamma Sigma membership is for a lifetime.
Q: How can Beta Gamma Sigma help me in my career?
Beta Gamma Sigma is recognized throughout the business world as the leading honor society for business and management education. Your membership in the Society shows your commitment to excellence as well as your outstanding academic record. It is appropriate to include Beta Gamma Sigma membership on one's resume. Potential employers are encouraged to call the Central Office to verify the membership of applicants.
Q: Is there a significant service time requirement for a student who accepts the invitation to Beta Gamma Sigma?
No. Beta Gamma Sigma is an organization devoted to recognizing the best students of business. Individual chapters at the collegiate level may have their own programs and activities, but there is no service time or set of activities that is required for membership.
Q: Can I stay active in the organization after I graduate from college?
Beta Gamma Sigma has made it a priority over the last several years to provide opportunities and benefits for members who have graduated (known as alumni members). The Alumni Chapter Program is the latest and most extensive of these efforts. Beta Gamma Sigma has established an alumni network that currently covers 17 major metropolitan areas in the United States, with an 18th Alumni Chapter in Hong Kong.
Q: How does a member qualify for a scholarship?
Collegiate chapters must meet certain criteria in order to qualify to award a Beta Gamma Sigma Scholarship. Once a chapter meets those criteria, the chapter itself chooses its recipient. If you are interested in a BGS Scholarship, please contact the faculty advisor or other chapter representative at your school.
Q: How many members are there in Beta Gamma Sigma?
Currently, there are more than 540,000 Beta Gamma Sigma members around the world.
Q: How can I update my address and other contact information with Beta Gamma Sigma?
There are several options to do this: Register—if you haven't already—for the BGS On-Line Member Directory and update your contact information there; or send your new contact information in an email to the Central Office; or you may call the Central Office at: 1-800-337-4677; or send updates through snail mail at: Beta Gamma Sigma, 125 Weldon Parkway, Maryland Heights, MO 63043-3101.
Q: I think that I'm a member of Beta Gamma Sigma, but I'm not sure. How can I confirm it?
The best and quickest way to check your information (including membership status) is through an email to the Central Office. But you can also use the phone number or mailing address provided in the preceding answer.
Q: How can I include Beta Gamma Sigma in my will or estate? And, how would these funds be used?
Essentially, there are two choices: gifts by will, and gifts during life. People who choose testamentary gifts may save estate tax. People who choose current giving generally realize both the immediate satisfaction of benefiting the charity and the maximum tax reduction. Contact your attorney or tax advisor to find the best alternative for your situation.
If you choose to include Beta Gamma Sigma in your will or estate, you can be assured that all funds would be used to further the goals and ideals of the Society. The Scholarship Program, the Alumni Network Program, and the low $65 lifetime membership fee are all helped greatly by the generosity of our members.
Q: I was inducted into Beta Gamma Sigma at a previous school. How can I transfer my membership in the Society?
A student must remain officially listed as a member of the chapter into which originally inducted and may not accept membership at another chapter at a later date. However, a student member of Beta Gamma Sigma, in good standing, who transfers to another school which has a collegiate chapter will be able to enjoy all the rights and privileges of the new chapter while being considered an official member of the chapter in which the student was inducted.
Q: Why does Beta Gamma Sigma have a membership fee if membership is considered an honor?
The low, one-time lifetime membership fee is necessary to fund the activities of the Society. There are no annual dues or fees associated with membership in Beta Gamma Sigma.
Q: Do I lose my membership if my GPA falls below requirements?
No. Once a student becomes a member, the student is a member for life. Due to the stringent standards of the Mu Chapter, it would be unusual for a BGS member to fall below honor roll requirements.
Q: What if I am already a member and receive an invitation again in my graduate program?
Congratulations! If you have already become a BGS member in your undergraduate program and are eligible again at the graduate level, you will be honored with a senior certificate. Only a handful of students have such an opportunity. It will be no cost to you.
Q: What if I lose my certificate?
You may order a replacement certificate. The current price for replacement certificates is $5.00 each.
Q: What if my name is misprinted on the certificate?
If it is a mistake the BGS national office made, they will replace it at no cost. If it is a mistake that we have made, there is a charge of $5.00 for a replacement certificate.
Q: What if I want to purchase BGS souvenirs?
You may browse through the international BGS web site.
Q: How can I contribute to my Mu Chapter?
There is a lot you can do. You can volunteer for BGS functions. You may be one of our speakers. You can also provide job opportunities that your fellow BGS members might be interested in. Our advisors will try to make opportunities known to you. More importantly, stay in touch with us. We would like to know how we can make the Mu Chapter benefit you. Send an email to the Mu Chapter.