What year was Phi Beta Lambda established?

Phi Beta Lambda, the national organization for college students interested in business, was established in 1958. This establishment aimed to create a platform for students to develop leadership skills, engage in networking opportunities, and enhance their understanding of the business world through various programs and initiatives. The founding of Phi Beta Lambda served to expand the reach of Future Business Leaders of America (FBLA), which had already established a strong foundation at the high school level. Understanding this date is essential for recognizing the growth of business education and the importance of collegiate organizations in fostering professional development among students. The other years listed, while significant in their own right, do not correspond to the founding date of Phi Beta Lambda.