Over the past summer, Doug Boyle, Ph.D., and Daniel Mahoney, Ph.D., took a trip to Los Angeles to attend a national conference for Beta Alpha Psi (BAP) – the International Honor Organization for Financial Information Students and Professionals. The result of the trip was a newly organized chapter of this prestigious organization in the Kania School of Management. On the topic of our newly chartered honors society, Boyle, member of the Accounting Department said that “our accounting program has achieved an outstanding reputation within the profession for producing top level talent ready to exceed the requirements of employers. Securing a chapter of Beta Alpha Psi will only further strengthen this reputation and provide our students with significant opportunities and grow and network within the profession while at The University of Scranton and beyond.”
Mahoney agreed, noting that “international accounting firms have long been interested in hiring our high-quality accounting students. Thanks to Boyle and his tireless efforts toward the formation of a BAP chapter on our campus, the firms are likely to express greater interest than ever.”
The primary goals of KSOM’s chapter of Beta Alpha Psi are to encourage student excellence in the field of financial information, to better promote our students to employers, and to serve the greater community. Founded in 1919, Beta Alpha Psi has more than 300,000 members that can be found on more than 300 college campuses, in all Big Four Accounting Firms, within AICPA, and at many financial services firms. Although the membership process for the fall 2013 semester has concluded, current juniors are encouraged to prepare for application the spring 2014 semester. In order to receive the benefits of membership, Beta Alpha Psi requires junior standing and a minimum GPA of 3.0 in upper level accounting and/or finance courses. BAP has been very active this semester, welcoming alumni and professionals to campus for presentations and reaching out to serve the community. In October, BAP welcomed alumnus John McAllister ’67 who is a professor of accounting at the University of North Florida. Dr. McAllister provided great insight on proposed changes to Audit Reporting, a topic that has not seen much change in 70 years.
BAP members also volunteered for Safe Trick or Treat. KSOM’s new chapter of Beta Alpha Psi shows a lot of promise in developing well-rounded accounting and finance graduates.
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