The founders were six women from two of the competing business fraternities, Phi Theta Kappa and Phi Kappa Epsilon.

These women joined forces to form an organization whose PURPOSE  is:

“To promote the cause of higher business education and training for all individuals, to foster high ideals for everyone pursuing a career in business; to encourage fraternity and cooperation among people preparing for such careers; and to stimulate the spirit of sacrifice and unselfish devotion to the attainment of such ends.”

MISSION STATEMENT:

EST 1924

Be it known that the mission of Phi Chi Theta, a national professional fraternity, is to: Provide an opportunity to develop and practice those professional leadership skills and abilities necessary to succeed in the business community; Provide a local and national network to share resources, ideas and concepts; Instill in its membership those values, codes and creeds which will enable participation in a rapidly changing world; and Enable members to develop the business astuteness necessary to achieve high esteem and success in their chosen fields.