In the academic world at that time, the formation of schools of business was relatively new. There were only a handful of such schools in the United States in 1906 and one such school, known as the School of Commerce, Accounts, and Finance existed at New York University. There were approximately 300 students in attendance at this school at that time, including 70 freshmen representing the Class of 1909. Four members of that Class of 1909, previously unknown to each other, soon were to start an association that would become what is known today as the International Fraternity of Delta Sigma Pi.

These four young men met in their classes and were drawn closer together as they shared the same subway route on their way home every evening. Occasionally, other classmates came along, but the four were regularly together and it was this time together that gave them the opportunity to get to know one another, to become friends, and to discuss topics of mutual interest.

One such topic was school affairs, and the domination of one organization on campus. In the opinion of these four men, the overwhelming majority of students at New York University were ignored by this organization and, as a result, restricted from membership. These four, Alexander F. Makay, Alfred Moysello, H. Albert Tienken, and Harold V. Jacobs, decided they should do something for the benefit of the student body at large. They decided to form a club that would be open to all business students.

During that first year in school these four young men were occasionally accompanied by a fifth student who, in the spring of 1907, dropped from the group to accept the pledge of the only fraternity in the School of Commerce, Accounts, and Finance. It was at this time, and perhaps because of this incident, that they felt there was a need for two fraternities in the school, and they approached their fellow students this time with the idea of joining a fraternity. The response to their idea was very positive and, somewhat to their dismay, they found students who wanted to be initiated immediately into the proposed fraternity which was not yet organized.

Makay and Jacobs had been members of high school fraternities so they were assigned the duty of drafting a Constitution, Bylaws, and a Ritual. The Constitution was finally drafted and adopted in the fall of 1907, yet the selection of a name for the Fraternity was not completed. Nevertheless, these four men proceeded with the next major order of business which was the election of officers. Makay was elected the first president, and Jacobs and Moysello were elected treasurer and secretary, respectively. They first approached their Class of 1909 classmates and, in short order, initiated several new members. They immediately began to recruit the Class of 1910 from which they initiated several more members.

Currently

As Delta Sigma Pi entered the 1990's, the Delta Sigma Pi Leadership Fund became a key factor in the future of Delta Sigma Pi and its members. The Fund serves as the charitable arm of the fraternity family and, through the generosity of thousands of members, is able to support the crucial leadership and scholarship programs of the fraternity and the Delta Sigma Pi Educational Foundation.

The early 1990's have also seen the further refinement of the educational programs of the fraternity. The Officer Training School was established to provide a more uniform and concentrated means of training collegiate chapter officers and various other changes in the programs have been instituted. Additionally, two new fraternity-wide awards, the Delta Sigma Pi Lifetime Achievement Award and the Delta Sigma Pi Career Achievement Award were established. Comprehensive policies and educational programs in the areas of Risk Management and Non-Discrimination were developed and instituted fraternity-wide. Another milestone was passed in late 1991 with the initiation of the 150,000th member.

In 1992 the fraternity celebrated its eighty-fifth anniversary. It's unmistakable that Delta Sigma Pi and its members have enjoyed success for many years. The heritage of these past eighty-five years is rich and a source of pride. It challenges all members to make the next eighty-five years an even greater success.