2008-09 Junior Responses to BGS Questionnaire

Their thoughts & reactions on chapter invitation & induction

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• Based on 304 out of 381 who agreed to participate

• 67% female, 33% male

• 80% of respondents were either 20 or 21

• 61% of participants are members of other honors/business professional organizations; 80% of those belong to 2-5

• 55% are accounting/finance/banking majors

• 97% will graduate in Spring 2010 or after

Demographics

• Awareness of Beta Gamma Sigma before invitation to join is still relatively low at 28%

• Understanding of the Society increased between invitation and membership

• Lack of understanding is largely based on incomplete knowledge of the benefits offered to members

Basic Trends

Invitation to Beta Gamma Sigma

According to participants, 73% are significantly influenced by the manner in which they receive their invitations

• The largest percentages of participants accepted membership to BGS for the following reasons:– The honor and prestige (84%)– The recognition for their hard work (83%)– To put on their resumes (85%)

• When asked why students might refuse membership, students surveyed consider the following as the most valid: – Don’t realize the benefits of being a member (82%)– Don’t realize the honor associated with BGS (70%)

Acceptance of BGS Invitation

• Most students surveyed would like to see more formality in the invitation process as well as further encouragement from faculty and advisors

• Tapping also positively influenced students in their decision to join Beta Gamma Sigma

Manner of Invitation

• Participants received their invitation to BGS primarily through:– Traditional mail (48%)– Email (36%)– In class, ceremony/presentation (18%)– In class, given information (18%)

• For answers not provided by the information packet, participants most utilized the following:– The website (69%)– Professors/Advisors (33%) – It should be noted that the number of students who did not find

answers to their questions went down by 23% from the previous year’s survey.

Invitation

Recognition81% of those surveyed believe that their schools suitably recognized them for their achievement in gaining membership into BGS

The invitation process

The induction process

My name was displayed on a bulletin board

The names of the inducted members were printed in the school/ hometown newspaper or on

the school website/ electronic newsletter

I was congratulated individually by

professor/ faculty member

Asked to stand at graduation/ listed in the

program

Other, please specify

Member Benefits

91% of students surveyed plan to use member benefits of the Society in the upcoming year

• 69% of participants were aware that as a member they would receive 1-yr. subscriptions to certain business magazines (i.e. BusinessWeek, Fortune, and The Week)

• 86% think these subscriptions add value to their membership

Business Publications

• The knowledge of Beta Gamma Sigma before invitation is low indicating a need for more campus presence.

• Members are greatly impacted by the manner of invitation as well as the induction ceremony.

• Members appreciate the recognition of the Society for their hard work and achievement.

• Overall, the BGS benefits are appreciated and add value to membership.

Conclusions

Call or email the Central Office:

Phone: 1-314-432-5650

Web: www.betagammasigma.org

Email: bgshonors@betagammasigma.org

Questions?