[2] Its founding members were:[2] Northeast Missouri State Teachers College became the Alpha chapter.

[2] On December 29, 1927, the five chapters met under the leadership of Selby as temporary chair to formalize the national organization.

[1] It is a gold key with the Greek letters ΠΩΠ arranged horizontally, with lamb of learning above.

[2] Active members are undergraduate and graduate students who are currently enrolled in a college or university.

[2] To be eligible for membership, a student must intend to become a teacher of business subjects, have completed three semesters with at least 15 hours in business and education, and be ranked in the upper 35% of their college class with a GPA of B or higher.