National Academic Requirements

These are requirements that must be completed in order to join Beta Alpha Psi.

Requirements to become a Beta Alpha Psi Candidate:

• Must be a degree-seeking undergraduate student with a declared concentration in Accounting, Finance, or MIS.

Requirements to become a Beta Alpha Psi full member:

• Must have completed at least 45 hours of collegiate business and non-business courses.

• Must have completed MGMT 202 with a B or better (a B- is not accepted), and have taken and/or are concurrently taking MGMT 303, 326 or 340.

• Must have attained a cumulative GPA of at least 3.0 or must have at least a 3.25 GPA on the most recent 30 semester hours. Returning members must maintain cumulative GPA of at least 3.0 or have a GPA of 3.25 on most recent 30 semester hours to maintain membership status.

• Must have an accounting ,finance or MIS GPA of at least 3.0.

• Must have completed all the requirements as a candidate and have attended initiation

• Must have participated as a Candidate in Beta Alpha Psi for at least one semester.
  Membership in the honors society for at least two whole semesters is required to graduate with honors from the society.

Requirements for Graduate Student Membership:

• Must be degree-seeking graduate student who has matriculated into a Master's degree-level Accounting, Finance or MIS Program.

• Must have graduated with a GPA of at least 3.0 or have a GPA of 3.0 on 9 hours of graduate-level classes, to include one graduate level accounting class.

• Must have participated as a Candidate in Beta Alpha Psi for at least one semester. Membership in the society for at least two whole semesters is required to graduate with honors from the society.

Candidates - Chapter Activity Requirements

In addition to meeting the academic requirements, a Candidate must complete these requirements during the spring semester to become a member of the Theta Xi Chapter.

• Attend the Candidate Orientation (Friday, December 2nd; Location: TBA; Time: TBA )
• Must have at least 200 minutes of Professional events. This can be obtained by attending Technical Meetings (60min)/Tours (range from 110-160)/Chapter Business Meetings (60min). At the technical meetings, business casual dress is required and lunch is served. Technical meetings are usually held at Anderson in the Jackson Student Center or at the New Mexico Society of CPAs, 3400 Menaul Blvd. The Tours are business casual and usually include a presentation accompanied by lunch/dinner. Chapter business meetings are casual dress and will usually be held at the Anderson Schools of Management.
• Serve 2 hours per week in the Accounting Lab (ASM 2059). Duties include tutoring MGT 202 students.
•          Must complete at least 200 minutes of service. per semester. Past activities have included preparing income tax returns through VITA, Spring Storm, and Doggie Dash and Dawdle
  
  All current members must maintain a cumulative GPA of at least 3.0 or have a GPA of 3.25 on most recent 30 semester hours to maintain membership status.

IF A CANDIDATE DOES NOT COMPLETE THE AFOREMENTIONED REQUIREMENTS THEY WILL NOT BE INITIATED.

**NOTE: A Candidate failing to meet any of the aforementioned requirements due to extenuating circumstances and wishes to be initiated as a full member, must seek approval from the Executive Board. The Candidate must present the circumstances before the Executive Board in person, or through written correspondence a month prior to the Initiation ceremony, traditionally held in December for the fall semester and May for the Spring semester.

Members - Chapter Activity Requirements

In addition to meeting the academic requirements, a member must complete these requirements during the following semesters to remain a member in good standing and for graduates to receive their honors cords.

• Must have at least 200 minutes of Professional events. This can be obtained by attending Technical Meetings (60min)/Tours (range from 110-160)/Chapter Business Meetings (60min).
• Serve 2 hours per week in the Accounting Lab (ASM 2059). Duties include tutoring MGT 202 students.
• Must complete at least 200 minutes of service. per semester

Scholarship Competition

The Theta Xi Chapter has a point system designed to reward members and Candidates that stand out as exemplary participants in chapter activities. The Executive Board has designed a system allocating points for participation in:

• Each activity sponsored by Beta Alpha Psi.
• Professional activities outside of BAP sponsorship. The executive board will post professional events on the Accounting Lab information board. These events will be accompanied by a point value, applicable towards the Scholarship Competition.
• The point values for each member and Candidate will be updated on a weekly basis.
• Results will be posted Online on the website
  
  **Note: Members and Candidates are responsible for submitting a "Reporting Hours" form for all non Beta Alpha Psi activities posted in the Accounting Lab. The "Reporting Hours" forms are available outside the Beta Alpha Psi office, Room # 2052, in the mailbox. This form details the event for reporting purposes to the National Office of the society.

• To obtain points, your minutes and event description must be on the "Reporting Hours" form, and delivered to the Beta Alpha Psi mailbox in the room next to the main desk on the second floor of ASM. "Reporting Hour" forms are due no later than seven days after the event (no exceptions). Questions: contact Lisa Palmer at (lisa.a.palmer@gmail.com)
• The top two members and two Candidates, those that have accumulated the highest number of points by the end of the semester, will be awarded scholarships for "OUTSTANDING MERITORIOUS SERVICE" to the society.

Following is a general list of activities and their respective point allocations. ** Note that some activities have a maximum point limit. The Candidates’ point totals will be weighted at 95% their value to reward the hard work completed in the past by our members.

* There is a minimum minute requirement for lab hours that must be met. If hours are missed they may be made up but it is your responsibility to alert the Secretary Lisa Palmer. Members may serve up to the maximum allotted minutes for additional scholarship points.

Professional Hours Matching Rule for the Scholarship Competition

At least 1 hour must be recognized in the name of Beta Alpha Psi (we organized it),
For each hour not in the name of Beta Alpha Psi (we didn't organize it, outside professional).

Example:
If you attend a posted activity (will be posted on Accounting Lab info board or via e-mail) that is not Beta Alpha Psi sponsored for 60 minutes, then in order for it to count you must have 60 minutes from either a Technical or Professional Chapter Business Meeting (we've organized the event).

(If you have any questions regarding hours and activity allocation get in touch with Lisa Palmer (lisa.a.palmer@gmail.com)

Eligibility and Guidelines

• Members of the Executive Board are not eligible for this competition.
• Must be a Candidate or member in good standing with current dues.
• In excess of 3 hours per week served in the accounting lab will not be counted towards the competition.
• If a tie occurs among the top point recipients, the tie will be broken based on the overall UNM GPA of the qualifiers.
• The competition will have a high degree of transparency, as point values will be updated and posted on a weekly basis.

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Dues

• Student Membership is $35.00 per semester & a one-time Initiation Fee of $55.00 is required for each candidate.