Sigma Iota Epsilon
- Company typePrivate
- Founded1927
- HeadquartersSioux Falls, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Sigma Iota Epsilon does
Sigma Iota Epsilon (SIE) is a national, IRS-recognized 501(c)(3) honor society founded in 1927 and headquartered in Sioux Falls, South Dakota. It is the official student division of the Academy of Management, an affiliation held since 1964, and operates 80 chapters — 79 in the United States (across Eastern, Southeastern, Midwestern, Southwestern, and Western divisions) and one in India. The organization recognizes academic excellence and interest in management and related disciplines among undergraduate and graduate students who meet GPA and coursework thresholds (3.25 cumulative GPA and a B or better in a management course for undergraduates; 3.50 for graduate students).
SIE's product set centers on a lifetime membership credential — a standard membership and a virtual membership variant (both priced at $60, including an embossed certificate and a gold-plated lapel pin) — supplemented by optional commencement regalia: silk garnet-and-gold cords at $30 and stoles at $35. The portfolio additionally includes scholarships (undergraduate awards up to $1,000; the Dr. Keith Davis graduate scholarship with a first-place award of $1,250), Operation Enterprise leadership-conference scholarships delivered in partnership with the American Management Association, Chapter of the Year awards with a $500 cash grant, and chapter development grants.
Revenue is generated entirely through one-time membership fees and merchandise sales, with no recurring subscription model. Distribution runs through two channels: faculty advisors at active chapters who submit bulk orders via an Excel form on behalf of student groups (paid by check or credit card), and a direct-to-student e-commerce store for individual and virtual memberships. Marketing and acquisition are channel-light, relying on faculty-advisor referrals, chapter networks, the sienational.com website, and email rather than paid advertising. SIE is governed by a small volunteer board of academics led by President Roxanne Helm-Stevens (Augustana University) and Board Members Douglas Micklich (Illinois State University), Chris Roeder (James Madison University), and Louise Kelly, PhD (University of La Verne). No technology, AI, or software product layer is present in the operating model.
Sigma Iota Epsilon firmographics
Firmographics- Name
- Sigma Iota Epsilon
- Legal name
- Sigma Iota Epsilon
- Website
- https://sienational.com
- Company type
- Private
- Founded year
- 1927
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Sigma Iota Epsilon industry classification
Industry- Product category
- Professional Honor Society
- NAICS
- Business Associations (813910), Professional Organizations (81392)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Student Organizations & Club Administration (EDALAHAB)
- akta.pro secondary industry
- Merit-Based Scholarships (Academic Excellence) (EDAIAOAA)
Keywords
Where Sigma Iota Epsilon is headquartered
LocationHeadquarters
- HQ city
- Sioux Falls
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sigma Iota Epsilon business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Membership Fees: One-time membership fees for students including certificate, lapel key, and regalia. Fees are paid through the SIE store by students or through faculty advisors on behalf of university groups.
- Regalia and Merchandise Sales: Sale of honor cords, stoles, and other regalia items to members. Students can purchase optional items including silk cords ($30) and stoles ($35) in addition to base membership.
- Virtual Membership: Lifetime virtual membership for students at institutions without chapters, priced at $60 including embossed certificate and lapel key.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Standard Membership - Embossed Certificate and Lapel Key |
| One time/ perpetual license | Multi-year contract | Virtual Membership - For students without university chapter |
| One time/ perpetual license | Multi-year contract | Replacement Certificate |
| Unit Pricing | Multi-year contract | Silk Garnet and Gold Bi-strand Cords |
| Unit Pricing | Multi-year contract | SIE Stoles |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Sigma Iota Epsilon product offering
Product offeringCore offering
Sigma Iota Epsilon is a national management honor society that grants lifetime membership to undergraduate and graduate students who demonstrate academic excellence in management. Members receive an embossed certificate and a gold-plated lapel pin, access to a chapter network of 80 universities across the U.S. and India, and eligibility for scholarships and commencement regalia. The organization distributes memberships and optional regalia (cords, stoles) through its own e-commerce store and via faculty advisor bulk orders.
Product overview
Sigma Iota Epsilon operates a membership-based honor society model with a core product structure. The primary offerings are standard and virtual memberships, both including embossed certificates and lapel pins, which serve as lifetime affiliations with the organization. The product portfolio centers on membership services (standard, virtual, and replacement certificates) combined with commencement regalia (cords and stoles). Additional offerings include member scholarships (undergraduate and Dr. Keith Davis graduate scholarships), chapter recognition programs (Chapter of the Year Award with $500 grant), chapter development grants, and Operation Enterprise leadership conference scholarships. All products and services support the organization's mission of recognizing academic excellence in management and facilitating connections between students, faculty, and industry professionals.
Differentiator
Problem solved
Functional benefit
Products and services
- Standard Membership Lifetime membership package for students at universities with active SIE chapters, including an embossed membership certificate and a gold-plated lapel key/small pin, priced at $60. Ordered through faculty advisors who verify student qualifications.
- Virtual Membership Lifetime virtual membership for individuals at universities without an active SIE chapter, including an embossed certificate and gold-and-garnet lapel pin, priced at $60. Verification is completed via email transcript submission.
- Replacement Membership Certificate Replacement embossed membership certificate with lapel key for members who have lost or damaged their original credentials, priced at $60.
- Silk Garnet and Gold Bi-Strand Cords Optional commencement regalia consisting of two-color silk cords in garnet and gold, priced at $30, available to members for graduation ceremonies.
- SIE Stoles Academic commencement stoles available in gold with garnet lettering or garnet with gold lettering, priced at $35, worn by members at graduation ceremonies.
- Undergraduate Student Scholarship Annual academic scholarship awarded to top five undergraduate members up to $1,000 each, with additional scholarships of $250-$500 based on application quality. Applications due March 31st annually.
- Dr. Keith Davis Graduate Student Scholarship Annual graduate scholarship for master's or doctoral students submitting scholarly papers on management topics; first-place award of $1,250 with additional second-place and runner-up awards of $250-$500. Applications due March 15th annually.
- Operation Enterprise Leadership Conference Scholarship Scholarship for SIE members to attend the American Management Association's Operation Enterprise leadership conference, covering tuition, room and board, and transportation; awarded based on scholastic achievement and leadership ability.
Companies that use Sigma Iota Epsilon
Customer profileSegments4 records
Ideal customer profiles3 records
Sigma Iota Epsilon technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Sigma Iota Epsilon partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- Academy of ManagementcoreSIE is the official student division of the Academy of Management, the world's leading scholarly and academic management professional society. This affiliation began in 1964. SIE uses AOM's interest groups and professional divisions as reference for appropriate management topics for scholarship papers.
- American Management AssociationminorAMA provides the Operation Enterprise leadership conference for young adults. SIE National Office awards scholarships for students to attend this conference based on scholastic achievement and leadership ability. The scholarship covers tuition, room & board, and transportation.
Scale indicators2 records
Recent moves5 records
Expansion highlights5 records
Sigma Iota Epsilon competitors and assessment
Company assessmentDirect peers
- Omicron Delta Epsilon: International honor society for excellence in economics, including business economics students. Comparable to SIE in the academic-honor-society model with chapter-based recruitment, lifetime membership, and regalia.
- Beta Gamma Sigma: International honor society for AACSB-accredited business school students, serving top undergraduates, graduate, and doctoral achievers. Directly comparable to SIE as a college-level management/business honor society with membership-based recognition, regalia, and scholarships.
- Pi Sigma Epsilon: National professional fraternity in sales, marketing, and management. Closely comparable to SIE as a university-based professional organization serving management-oriented students with membership, networking, and chapter-based programming.
- Golden Key International Honour Society: Multi-disciplinary collegiate honor society that also serves high-achieving business/management students. Comparable to SIE in the membership-based honor society model, lifetime fees, regalia, and scholarship offerings.
- Mu Kappa Tau: National marketing honor society for undergraduate and graduate students. Comparable to SIE as a specialized business-discipline honor society offering membership, regalia, and academic recognition within management-adjacent fields.
- Delta Mu Delta: International honor society for business students accredited by ACBSP programs. Directly competes with SIE in recognizing academic excellence in business/management and offers memberships, regalia, and scholarship programs to similar student segments.
Peers
Broad incumbents
- National Honor Society (NHS) / NJHS: Established K-12-focused honor society that has expanded to broader recognition. While not a direct competitor for management students, it is the most recognized name in academic honor societies, influencing university students' perceptions of joining societies like SIE.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Customer concentration
Sigma Iota Epsilon social profiles
Digital presenceSigma Iota Epsilon financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sigma Iota Epsilon leadership team
Management profileNumber of profiles
Profiles4 records
Sigma Iota Epsilon funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sigma Iota Epsilon 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 Sigma Iota Epsilon
What does Sigma Iota Epsilon do?
Sigma Iota Epsilon is a national management honor society that grants lifetime membership to undergraduate and graduate students who demonstrate academic excellence in management. Members receive an embossed certificate and a gold-plated lapel pin, access to a chapter network of 80 universities across the U.S. and India, and eligibility for scholarships and commencement regalia. The organization distributes memberships and optional regalia (cords, stoles) through its own e-commerce store and via faculty advisor bulk orders.
Is Sigma Iota Epsilon a public or private company?
Sigma Iota Epsilon is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Sigma Iota Epsilon founded?
Sigma Iota Epsilon was founded in 1927. It employs 1 to 10 people.
Where is Sigma Iota Epsilon based?
Sigma Iota Epsilon is headquartered in Sioux Falls, United States, in the North America region.
How does Sigma Iota Epsilon make money?
Three revenue lines are on record. Membership Fees are the primary driver. The others are regalia and Merchandise Sales and virtual Membership.
Who are Sigma Iota Epsilon's main competitors?
Direct peers on record are Omicron Delta Epsilon, Beta Gamma Sigma, Pi Sigma Epsilon, Golden Key International Honour Society, Mu Kappa Tau and Delta Mu Delta. National Society of Leadership and Success (NSLS) is listed as a peer. National Honor Society (NHS) / NJHS is listed as a broad incumbent.
Does Sigma Iota Epsilon have an API?
No public API is recorded for Sigma Iota Epsilon.
What industry is Sigma Iota Epsilon in?
Sigma Iota Epsilon's product category is Professional Honor Society. Its primary akta.pro industry code is EDALAHAB, Student Organizations & Club Administration, with a secondary code of EDAIAOAA, Merit-Based Scholarships (Academic Excellence). Its NAICS code is 813910 and its SIC code is 8600.