No. Phi Beta Lambda is a professional organization, with no pledge process or eliminations. As long as you pay your annual dues and participate actively, you are considered a member of Phi Beta Lambda.

Phi Beta Lambda participates in the State Leadership Conference (SLC) and the National Leadership Conference (NLC). For SLC, each chapter in the state comes together in Effingham, IL to compete in areas such as accounting analysis, management and decision-making, financial analysis, economics, computer concepts, and many more. Some events are done with an online test, and some are done in person at the actual competition. The students who place at SLC are then qualified to compete in NLC, which is held in Nashville, TN this year. At NLC, the winners from each state compete to be national winners.

In order to be considered an active member, you must attend two general meetings, one professional event, and two other events for Phi Beta Lambda. In order to participate in state and national events, you must be considered active.

Dues for Phi Beta Lambda are $35, which includes local, state, and national dues. In addition, unlike other business organizations on campus, Phi Beta Lambda’s dues are paid annually, not each semester. Most fraternities charge $90+ dollars each semester!

Yes. Because Phi Beta Lambda is not a business fraternity, we do not keep you from joining other organizations on campus. In fact, many of our officers are in business fraternities on campus. Networking is a great way to build a career in the future, and Phi Beta Lambda would not want to stop you from meeting as many people as possible to maximize your potential in the future.