SOUTHFIELD–Approximately 100 Lawrence Technological University students, family, friends, faculty, and staff got an uplifting message on business success Friday night, as dozens of LTU College of Business and Information Technology students became the newest members of Beta Gamma Sigma, the international academic honor society for business.
Keynote speaker John Neary, a former executive at Credit Acceptance Corp. and CARite who now leads his own corporate culture consulting firm, Right Workplace, passed along lessons from his business career during the program, held at Southfield’s Plum Hollow Country Club.
From the importance of building relationships, to the benefits of facing your own weaknesses, Neary outlined a total of seven lessons from his career in an effort to guide the students in attendance.
LTU Provost Richard Heist also told the students about success, saying that he puts “a lot of emphasis on leadership and especially on character… character is the fundamental building block of everything you do and say in your professional life. We expect you to be leaders, to be good leaders, to be strong leaders, to be leaders with character.”
Neary is a member of the LTU CoBIT Board of Advisors and a trustee of the Car Dealers Care National Foundation, established by Foss in 2016. The foundation recently gave CoBIT the largest single donation in its history, $500,000, for business student scholarships at LTU.
Students inducted were Asia Alali, Zainab Hassan Al-Madan, Abigail Bolley, Alexander Caruana, Shartae Cotton, Brycetyn Hedden, Vanessa Herz, Gavin Holmes, Vineela Kandru, Neelmani Kashyap, Zoe Lamb, Skander Larfaoui, Maggie Long, Zachary Lundy, Joseph Murray, Ananth Narayanakumar, Zakariya Noor, Shane Palonis, Norman Plant, Ryan Reed, Sarah Schlauch, Marissa Solnik, Joseph Toma, Bavithra Vetrimurugan, and Mitchell Waters.
Beta Gamma Sigma was founded in 1913–an era when business studies weren’t considered a serious academic pursuit–by business students at the University of California-Berkeley, the University of Wisconsin, and the University of Illinois. Its name is derived from the first letters of three Greek words that translate as honor, wisdom, and earnestness.
Membership is restricted to the top 10 percent of undergraduate business students and the top 20 percent of graduate business students at university business programs accredited by the Association to Advance Collegiate Schools of Business International. Only 5 percent of the world’s business schools have earned AACSB accreditation. LTU earned its AACSB accreditation in 2018.
Lawrence Technological University, www.ltu.edu, is one of only 13 private, technological, comprehensive doctoral universities in the United States. Located in Southfield, Mich., LTU was founded in 1932, and offers more than 100 programs through its Colleges of Architecture and Design, Arts and Sciences, Business and Information Technology, Engineering, and Health Sciences. PayScale lists Lawrence Tech among the nation’s top 11 percent of universities for alumni salaries. Forbes and The Wall Street Journal rank LTU among the nation’s top 10 percent. U.S. News and World Report lists it in the top tier of best in the Midwest colleges. Students benefit from small class sizes and a real-world, hands-on, “theory and practice” education with an emphasis on leadership. Activities on Lawrence Tech’s 107-acre campus include more than 60 student organizations and NAIA varsity sports.