Instituto de Empresa becomes first European Chapter of Beta Gamma Sigma Honor Society

Beta Gamma Sigma is pleased to announce a significant milestone event for the honor society. With a total of approximately 400 collegiate chapters, the Society installed its first chapter on the European continent at Instituto de Empresa in Madrid, Spain. With Dennis Weidenaar, Beta Gamma Sigma's president, on-hand for the chapter’s installation and initial induction ceremony, December 16, 2003, was an important date for the Institute and for Beta Gamma Sigma.

The significance of the installation for Instituto de Empresa was highlighted by the placement of its announcement. The school’s website featured information about the new chapter – and Beta Gamma Sigma – on the front of its homepage. The Society would like to congratulate Instituto de Empresa for joining Beta Gamma Sigma in honoring the academic achievements of the world’s best business scholars.

The following was featured on the Instituto de Empresa homepage:

“On 16 December, Instituto de Empresa became the first European Collegiate Chapter of the Beta Gamma Sigma (BGS) Honor Society, an organization that awards top business students enrolled in programs accredited by AACSB International – The Association to Advance Collegiate Schools of Business. During the inauguration ceremony – presided over by the President of Beta Gamma Sigma, Dr. Dennis Weidenaar and BGS Executive Director, James Viehland – 40 IE students in the top 20 percent of their class were inducted as lifetime members of this prestigious society.

Beta Gamma Sigma was established in the U.S. in 1913 with the aim of fostering and promoting excellence in the study and practice of business throughout the world. The organization is rooted on the founding principles of honor, integrity and the pursuit of wisdom, and supports the advancement of business thought at the individual and societal levels. At present, nearly 400 universities are members of this renowned international organization.”