Faculty from New York University, Harvard, and Yale founded Delta Mu Delta in 1913 to promote scholarship in training for business and to recognize and reward scholastic achievement. Today, Delta Mu Delta is one of the highest levels of national recognition a business student can earn.
Membership in Delta Mu Delta is open only to students at colleges and universities with business programs accredited by the Accreditation Council for Business Schools and Programs (ACBSP). Webster's chapter, Lambda Kappa, is open to Business and Management program undergraduates and candidates for the baccalaureate degree who have completed at least one-half of the work required for the degree with a cumulative average grade record of 3.70, or better, and who are in the top 20 percent of their college class in cumulative average grades; and to graduate and doctoral students who have completed at least 27 credit hours of the work required for their degree with a cumulative average grade record of 3.95, or better, and who are in the top 20 percent of their college class in cumulative average grades.
The badge of the society is the key, symbolizing the key which unlocks the treasure house of the universe. It is in the form of the Greek letter Delta.
On the front of the key appear the Greek initials of the Society and above them is a full-rigged ship with sails set and colors flying, symbolizing the activities of business - not as a mercenary vocation, but as a bond which unites and blesses all mankind.