Recently, six students from Stonehill’s Mu Omega Chapter of Beta Alpha Psi, the international honor society for accounting, traveled to Washington, D.C. to take part in its “Best Practices” competition at its regional meeting. Sponsored by the professional services firm Deloitte, the contest included some of the most highly regarded AACSB colleges and universities from the Northeast and one of Stonehill’s teams took first place in the International Impact category.
The team, comprised of Michaella Farrell ’15, Katie Morneault ’16 and Whitney Wemett ’16, will now move on to the National Competition in Milwaukee, WI this August. The students took the top prize for their year-round project that seeks to encourage and prepare accounting majors for Study Abroad opportunities. The Best Practices Competition requires teams to submit abstracts of their projects prior to presenting them at the regional meeting.
This year, more than half of Stonehill’s Beta Alpha Psi candidates from the Class of 2016 are studying in areas around the world. To enable them to share their experiences and keep in contact with Stonehill, the students set up a Tumblr blog that could be easily viewed on the chapter's website, stonehillbap.org, under the tab "Thoughts From Abroad." They also held a number of meetings providing insights and opportunities to consider while abroad and are planning to enhance the project next year following a debriefing session next September.
Stonehill’s other team, comprised of Victoria Mello ’16, Megan McDonald ’16, and Michaella Peoples ’16, took third place in the competitive Financial Literacy category of the competition. Their project focused on sharing with other Beta Alpha Psi chapters how to run an interactive seminar on teaching seniors the key aspects of personal finance and the challenges they may face in the months and years following graduation.
The seminar entitled "Lets Talk Money" attracted over 80 students on a Saturday afternoon last February and included a panel of experts in wealth management, tax, insurance, banking and fraud.
Founded in 1919, Beta Alpha Psi is an honor organization for financial information students and professionals. There are over 300 chapters on college and university campuses with over 300,000 members initiated since Beta Alpha Psi's formation. This year, Stonehill’s Mu Omega Chapter includes 14 members and 17 candidates.