We Are Proud to Present... Our New Honor Society Beta Gamma Sigma inducts first SOM members at UTD chapter installation By Patricia Schoch Honor. Integrity. Earnestness. The pursuit of wisdom. These are the bywords of all that is ethical in the leadership and practice of business. They are also the bywords of Beta Gamma Sigma, The University of Texas at Dallas (UTD) School of Management's newest affiliation, an international business honor society that focuses on such ideals, considered to be more crucial than ever. In November, 130 students and recent graduates of The School of Management (SOM) became the first UTD inductees of the prestigious society. UTD President Dr. Franklyn Jenifer, Executive Vice President and Provost Dr. Hobson Wildenthal, and immediate past chairman of the SOM Advisory Council Gerald H. Hoag also were inducted as honorary members at ceremonies hosted by SOM Dean Hasan Pirkul. Professor Thomas Gutteridge, dean emeritus of the University of Connecticut School of Business and a member of the Beta Gamma Sigma Board of Governors, presided over the installation. Underlining business ethics and leadership Professor Gutteridge, who has been involved with the organization throughout his professional career, says he has seen Beta Gamma Sigma chapters make a difference on college campuses. Chapters on some campuses "use the organization as a catalyst to enrich the academic experience, to go beyond the academic experience." Such chapters have involved their members in service projects such as Habitat for Humanity or 5K runs that raise money for charity. Some chapters have also instituted research projects on how business can help the community. "These chapters lead the way for their members and others on their campuses to be involved in activities that can benefit someone other than themselves," Professor Gutteridge says. He notes that the organization - which recognizes academic achievements of students from only those collegiate business programs accredited by AACSB International - The Association to Advance Collegiate School of Business - also offers leadership forums at its annual national convention. Forum topics address such issues as human rights in today's economy, challenges of leadership, and what it means to be a leader in today's business environment. SOM faculty involved with the UTD chapter say having Beta Gamma Sigma on campus underlines the emphasis the school places on business ethics and leadership. Dr. Constantine Konstans, professor in SOM's Accounting and Information Management Program, and president and faculty adviser of the new UTD honor organization, notes that Beta Gamma Sigma stresses a code of the highest ethics and values. "I see the UTD chapter becoming a vehicle that can, through various activities, help shine a light on the importance of ethical behavior in business," Professor Konstans says. Recognizing 'hallmark achievements' SOM Dean Hasan Pirkul agrees and points out that having a chapter brings prestige. "Establishing a Beta Gamma Sigma chapter here at UTD is a hallmark achievement for both our school and students," Dean Pirkul says. "It allows our top students to be counted among those who have gained the highest recognition a business student anywhere in the world can receive at the undergraduate, graduate or doctoral levels." To be eligible for membership in Beta Gamma Sigma, a student must rank in the upper 7 percent of the junior class, upper 10 percent of the senior class, or upper 20 percent of the graduating master's class. Doctoral candidates are automatically eligible following completion of all requirements for the degree. The international organization has a membership of more than 480 thousand. Jyoti Mallick, who is the new chapter's secretary-treasurer and administrative adviser, points out that making membership available at UTD will allow the students who work the hardest to gain the recognition they deserve. "Our top students will now be able to list this on their résumé and to network with top professionals," she says. Ms. Mallick is director of The UTD School of Management's Cohort MBA Program. Professor Gutteridge, who has been a Beta Gamma Sigma member for more than 30 years, stresses that membership can potentially have a lifetime impact. Members can be involved not only as students but also later, in professional chapters whose members are the top business people in a community, he says. Even more importantly, belonging to an organization that promotes the loftiest ideals will prompt members to incorporate those ideals into their personal and professional lives, he says. "All too often, people think of the term 'business ethics' as an oxymoron. But, Beta Gamma Sigma members are reminded that their organization does stand for something." One organization goal is that "as Beta Gamma Sigma members, they will stand for the same ethical ideals."