Phi Chi Theta is a professional fraternity for students in business and economics, founded in 1924. The organization aims to promote the study of business and economics, foster a spirit of cooperation among its members, and provide opportunities for professional development. Phi Chi Theta emphasizes the importance of leadership, scholarship, and service, encouraging its members to engage in activities that enhance their professional skills and community involvement. The fraternity has grown to include chapters across the United States, providing a network for members to connect and collaborate in their academic and professional pursuits.