Alpha Kappa Psi is the oldest and largest co-ed business fraternity in the United States. In 1900, New York University began offering degrees in the fields of Commerce, Accounts, and Finance.

Prior to NYU's announcement, only three other universities had schools for business. Therefore, the announcement of such a degree was met with much doubt. The need for student loyalty was essential in the success of this business school and was, in part, the reason Alpha Kappa Psi was formed.       

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