Phi Beta Lambda
Phi Beta Lambda is a co-ed professional business fraternity at Penn State University (Mu Alpha Rho chapter) serving 120+ student members across all majors with networking, professional development, competition, and THON philanthropy under the FBLA-PBL national umbrella.
- Company typePrivate
- Founded2006
- HeadquartersUniversity Park, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Phi Beta Lambda does
Phi Beta Lambda is a co-ed professional business fraternity operating as the Mu Alpha Rho chapter at Pennsylvania State University, under the national FBLA-PBL (Future Business Leaders of America - Phi Beta Lambda) umbrella. Founded at Penn State in 1979 by Phil Goldfeder as the second official business fraternity on campus, deactivated, and then reactivated in 2006 by Matthew Hawkins, the organization has grown to 120+ active members and 500+ alumni across 40+ graduating classes. Its core offering is membership in a community structured around four pillars: professionalism, philanthropy, social, and competition, with members drawn approximately 50/50 from business and non-business majors across all Penn State academic programs.
The organization delivers value through professional workshops, networking events with alumni at firms such as Oracle, PepsiCo, Deloitte, Northwestern Mutual, and GE, state and national business competitions, THON-related philanthropy benefiting Four Diamonds, and a structured new-member class system (Beta Theta through Beta Nu as of 2025). It maintains a website at psupbl.com and an active LinkedIn presence, with recruitment driven primarily by on-campus rush, member referrals, and visibility events at Penn State.
Phi Beta Lambda is a non-profit collegiate student organization with no technology products, no commercial offerings, and no app or API. Revenue, if any, is derived from membership dues (categorized as subscription/recurring in the source data) and ancillary fundraising, with specific financial figures undisclosed; no venture capital, private equity, or external institutional investment is involved. Governance rests on an annually elected executive board and appointed chair positions, with no formal corporate incorporation on record.
Phi Beta Lambda firmographics
Firmographics- Name
- Phi Beta Lambda
- Legal name
- Phi Beta Lambda
- Website
- https://psupbl.com
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Phi Beta Lambda is a co-ed professional business fraternity at Penn State University (Mu Alpha Rho chapter) serving 120+ student members across all majors with networking, professional development, competition, and THON philanthropy under the FBLA-PBL national umbrella.
- Ownership category
- akta.pro rank
Where Phi Beta Lambda is headquartered
LocationHeadquarters
- HQ city
- University Park
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Phi Beta Lambda business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Marketing or Sales, Personnel
Revenue model
- Membership Dues: Phi Beta Lambda operates as a student organization with membership. Revenue generation through dues is implied but specific amounts are not publicly disclosed.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Phi Beta Lambda product offering
Product offeringCore offering
Phi Beta Lambda (PBL), the Mu Alpha Rho Chapter at Penn State, is a Co-Ed Professional Business Fraternity that provides student membership built around four pillars: professionalism, philanthropy, social, and competition. Members gain access to professional workshops, networking events with corporate alumni, state and national business competitions, resume and interview preparation, and philanthropic fundraising for Penn State's THON. The organization is a non-commercial collegiate student body rather than a revenue-generating enterprise.
Product overview
Phi Beta Lambda (PBL) is a Co-Ed Professional Business Fraternity at Pennsylvania State University. It is not a product or technology company — it is a student membership organization focused on professional development, networking, philanthropy, social activities, and business competitions. The organization does not offer commercial products or services for sale. Its primary offering is membership in the fraternity, which provides access to professional workshops, networking events, mentorship, community service opportunities, and competitive events.
Differentiator
Problem solved
Functional benefit
Products and services
- PBL Fraternity Membership Membership in Penn State's Mu Alpha Rho Chapter of Phi Beta Lambda, a Co-Ed Professional Business Fraternity. Open to Penn State students of any major, it provides access to professional workshops, networking events with alumni at firms such as Oracle, PepsiCo, Deloitte, Northwestern Mutual, and GE, state and national business competitions, leadership roles via the executive board and chairs, and philanthropic participation in Penn State's THON.
Companies that use Phi Beta Lambda
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
Phi Beta Lambda technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Phi Beta Lambda partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- THON (Four Diamonds)corePBL is actively partnered with Penn State's THON organization and Four Diamonds. The chapter has THON families they support (Hoglunds and Fleagles) and participates annually in fundraising events. PBL raised a record-breaking total in 2025 and achieved top 5 general organization status for THON fundraising. The organization has multiple THON-related chairs including Primary, Donor & Alumni Relations, Fundraising, Family Relations, and Special Events.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Phi Beta Lambda competitors and assessment
Company assessmentDirect peers
- Delta Sigma Pi: One of the largest co-ed professional business fraternities, active at Penn State and many other universities. Directly comparable in offering professional development, networking, and brotherhood to undergraduate business students.
- Alpha Kappa Psi: The largest and oldest professional business fraternity in the United States, with chapters across hundreds of universities. Directly comparable to Phi Beta Lambda in mission (professional development, networking, brotherhood) and target market (university students across majors).
- Phi Gamma Nu: A co-ed professional business and social fraternity with chapters at multiple universities. Directly comparable to PBL in combining professional development with social and brotherhood elements for business-interested students.
- Phi Chi Theta: A co-ed professional business and economics fraternity with chapters nationwide. Directly comparable to PBL in combining professional development, networking, and a co-ed structure for business-interested students.
- Beta Gamma Sigma: The international honor society for AACSB-accredited business schools. Comparable to PBL as a collegiate business-focused organization recognizing student achievement and providing networking opportunities for top business students.
- Pi Sigma Epsilon: A national professional fraternity focused on sales, marketing, and entrepreneurship. Comparable to PBL as a co-ed professional business fraternity offering networking, competitions, and career development at the collegiate level.
- Sigma Nu Tau: The honor society for entrepreneurship, recognized across universities. Comparable to PBL as a collegiate business organization focused on professional development and networking among business-interested students.
- Enactus: An international non-profit organization with university chapters focused on entrepreneurial leadership and community impact projects. Comparable to PBL as a student-run professional development and philanthropy organization with similar competition and event structures.
Emerging players
- DECA: An international student organization focused on business, marketing, finance, and hospitality, with collegiate divisions. Comparable to PBL in providing competitions, leadership development, and professional networking for business-interested students, though with a stronger emphasis on marketing and entrepreneurship.
Others
- FBLA-PBL (National Organization): The national parent organization under which Penn State's Phi Beta Lambda chapter operates as the postsecondary division. Related as the umbrella governing body providing structure, competitions, and recognition to collegiate PBL chapters nationwide.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Phi Beta Lambda social profiles
Digital presencePhi Beta Lambda financial estimates
Financial estimateRevenue estimate
Valuation estimate
Phi Beta Lambda leadership team
Management profileNumber of profiles
Profiles9 records
Phi Beta Lambda funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Phi Beta Lambda M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Phi Beta Lambda
What does Phi Beta Lambda do?
Phi Beta Lambda (PBL), the Mu Alpha Rho Chapter at Penn State, is a Co-Ed Professional Business Fraternity that provides student membership built around four pillars: professionalism, philanthropy, social, and competition. Members gain access to professional workshops, networking events with corporate alumni, state and national business competitions, resume and interview preparation, and philanthropic fundraising for Penn State's THON. The organization is a non-commercial collegiate student body rather than a revenue-generating enterprise.
Is Phi Beta Lambda a public or private company?
Phi Beta Lambda is a private company. It is classified as unknown and is currently operating.
When was Phi Beta Lambda founded?
Phi Beta Lambda was founded in 2006. It employs 51 to 100 people.
Where is Phi Beta Lambda based?
Phi Beta Lambda is headquartered in University Park, United States, in the North America region.
How does Phi Beta Lambda make money?
One revenue line is on record: membership Dues.
Who are Phi Beta Lambda's main competitors?
Direct peers on record are Delta Sigma Pi, Alpha Kappa Psi, Phi Gamma Nu, Phi Chi Theta, Beta Gamma Sigma, Pi Sigma Epsilon, Sigma Nu Tau and Enactus. DECA is listed as an emerging player. FBLA-PBL (National Organization) is listed as an others.
Does Phi Beta Lambda have an API?
No public API is recorded for Phi Beta Lambda.