The Purpose of Tau Pi Phi is to recognize and honor business and economic students for quality academic achievement.  Specifically, the purposes are:

• To promote scholarship in the study of business and economics;
• To encourage the practice of the highest ethical canons in business; and,
• To foster the social nature of business.

History

Tau Pi Phi was founded in Springfield, Ohio at Wittenberg University in 1931.  The first two members of the honorary society were Wittenberg faculty members Professor Virgil H. Dassel and Dr. Daniel T. Krauss.  In 1936, when Professor Dassel accepted a faculty position at Capital University in Columbus, Ohio, the Beta Chapter was formed.  Since its founding, a number of chapters have been established in a variety of states from New Jersey to California.  Tau Pi Phi encourages the establishment of new chapters across the nation. 

Insignia

Tau Pi Phi’s insignia epitomizes its high ideals.  The triangle of the insignia represents the threefold ideals of the society:

1. Industry and Fidelity
2. Intelligence and Science
3. Prosperity and Service

The vast system of business is symbolized by the wheel and its placement on the triangle connotes the application of these ideals.