Membership Requirements

1)  All undergraduate students shall be considered for membership after he/she has completed the first semester of Intermediate Accounting (ACCT 301). In addition, the student must have elected Accounting, Finance, or Information Technology as his/her major. An undergraduate student shall be eligible to pledge for membership during the time that he/she is taking the second semester of the accounting principles class (ACCT 202/227) and the first semester of Intermediate Accounting (ACCT 301) or a 300/400 level non-CPBA business core course in their major. For transfer students the most recent qualifying course must be ODU.

2) All prospective candidates and initiates must have a cumulative grade point average of at least 3.0 in all courses in his/her major and Acct 301 if taken as an elective in the Finance and Information Technology major. All prospective initiates must have a cumulative grade point average in all subjects completed of at least 3.0 overall. For computation of cumulative grade point average in the major, all courses in the particular major will be considered as well as Acct 301. For computation of overall cumulative grade point average, only courses taken at ODU will be considered. The pledge period is limited to two semesters. All applicants must have the credentials necessary to become a pledge, or be content with being just a guest of the organization. The averages shall be checked and verified by the Faculty Vice President.

3) A graduate student shall be considered for membership after he/she has completed three (3) semester house of graduate accounting courses, excluding ACCT 601. In addition, the student must have elected Accounting, Finance, or Information Systems as his/her area of concentration.

4) All prospective graduate initiates must have a 3.2 cumulative quality point average in a calculation that includes all graduate courses in their major plus a graduate level accounting course. All prospective initiates must also have a 3.0 cumulative quality point average in all courses taken at the graduate level. Only those graduate courses taken while enrolled in the Graduate School shall be considered. The averages shall be checked and verified by the Faculty Vice President.

5) Each Pledge and Member is expected to actively participate in the achievement of the organization's goals, and objectives, therefore, each pledge and member will be required to obtain activity points during each semester. For a pledge, it is required to be considered for membership; for a member, it is required to be considered in active status. Each member (Undergraduate and Graduate) and pledge, in order to be considered an active member of Zeta Pi Chapter, must achieve a total of twenty (20) Activity Points in each semester.

Points are accrued as follows:

Chapter meetings - Professional
Required minimum - 6 points per semester
Maximum - 8 points
1 point per weekly meeting

 

Service
Required minimum - 8 points per semester
Accounting Dept 5K Run - 1 point per hour (3 max)
Relay for Life - 1 point per hour (3 max)
MS Walkathon, Food Bank, or other Organization sponsored service or charity event - 1 point per hour (4 max)
Non-Organization sponsored events as approved by Faculty Advisor and Executive Committee - 1 point per event

 

Professional Activity
Required minimum - 4 points per semester / 1pt per activity
Meet the Firms Night - 1 point
Site Visits / Field Trips - 1 point
Attendance at joint meetings with TCVSCPA, IMA, CFE, or IIA, etc - 1 point each
Executive in Residence - 1 point per speaker

 

Leadership
President & Vice President (Programs, OSAL, Community Service) - 4 points
Reporting Secretary - 3 points
Treasurer & Recording Secretary - 3 points
Committee Chair - 2 points
Committee Membership: Active involvement in a committee as determined by Chair - 1 point

 

National & Regional Activities
Points to be assigned by Board of Directors

 

Social
Pledge social - 1 point
End of semester social - 1 point
Spring social - 1 point
Department Banquet - 1 point
Other BAP sponsored social events - 1 point

 

Points will be deducted for the following:
Non attendance at any service or professional activity where you have not given at least 48 hours notice after signing up to attend - lose 2 points

Late payment of dues and fees - lose 1 point for each week late

Points will be tallied by the recording secretary, as well as the individual member/pledge, each semester and reviewed by the Faculty Advisor and Officer's of the organization.
 

6) Initiations for candidates meeting membership eligibility requirements by the end of the fall semester shall be held in January of the following year; initiations for candidates meeting membership eligibility requirements by the end of the spring and summer semesters shall be held in September.
 

7) Honorary members may be initiated by the unanimous vote of those present at a Chapter meeting. They shall have been considered because of outstanding personal and professional attainments in the field of accounting.
 

8) Initiation fees and dues ‚Äč

Section 1:  All applicants for membership whose grade requirements have been approved are required to pay a one-time nonrefundable $60 administration fee prior to his/her acceptance as a pledge of the Zeta Pi chapter.  This fee is not refundable in the circumstance of a pledge not meeting the chapter activity requirements and being denied membership in the organization.  All candidates that are eligible for initiation must pay a $60 initiation fee and this must be paid prior to the date of initiation.

Section 2:  All active members and candidates shall be required to pay organization dues of $35.00 per academic semester.  Dues are payable on or before the second Thursday in October for the fall semester; dues for the spring semester are payable on or before the first Thursday in February for the Spring Semester.  Faculty and Honorary members are not charged dues, but they are subject to the initiation fee.