CSU–Pueblo Hasan Business School to dedicate honor society statue

Pueblo –The Hasan School of Business at Colorado State University – Pueblo will unveil a statue next week that recognizes the school’s recent establishment of an honorary business fraternity. The unveiling will occur at 10:45 a.m. on Dec. 5 in the HSB foyer

Tom Farley, long time business and community leader, underwrote the cost for a statute recognizing the recent establishment of the Beta Gamma Sigma (BGS) Honorary Fraternity and the academic excellence that designation represents. The School established the Beta Gamma Sigma Honorary Fraternity last April. Beta Gamma Sigma has established 430 collegiate chapters in all 50 U.S. states and 11 countries at schools accredited by AACSB International. Additionally, 18 alumni chapters serve the needs of alumni members in major metropolitan areas.

Eligible business students must be in the top 7% of their junior class or top 10% of their senior class. The Hasan School was designated a Premier Chapter, which brings with it a $500 grant from the national organization. HSB Dean Rex Fuller will match that amount to recognize an outstanding BGS member (each year?). A $1,000 scholarship will be presented (after the unveiling ceremony?) to Pueblo senior Terry Foste, a 3+2 student and one of the inaugural BGS members.

About Beta Gamma Sigma:
In the spring of 1907, a group of commerce students at the University of Wisconsin received permission from the faculty to organize a commerce honor society, which they called Beta Gamma Sigma. The purpose of the Society was to encourage and reward scholarship and accomplishment in the field of business studies among commerce students at the University. At about the same time, students at the University of Illinois and the University of California felt the need for such an organization on their campuses and respectively organized Delta Kappa Chi (1910) and The Economics Club (1906). In 1913, having become aware of their coexistence and common purpose, representatives of the three societies met at Madison, Wisconsin, to consummate a merger which made Beta Gamma Sigma into a national organization.
Action was initiated in 1919 to establish Beta Gamma Sigma as the only scholastic honor society recognized by the American Assembly of Collegiate Schools of Business (AACSB). This

organization, which was renamed AACSB International - The Association to Advance Collegiate Schools of Business, includes in its membership collegiate schools of business that meet high standards of eligibility required of accredited member institutions with respect to curricula, teaching staff, teaching loads, library and laboratory facilities. Beta Gamma Sigma amended its constitution in 1921 to restrict the installation of new chapters to collegiate schools of business which are accredited members of AACSB International.

 Colorado State University - Pueblo is a regional, comprehensive university emphasizing professional, career-oriented, and applied programs. Displaying excellence in teaching, celebrating diversity, and engaging in service and outreach, CSU-Pueblo is distinguished by access, opportunity, and the overall quality of services provided to its students.