Gamma Iota Sigma's aim is to promote, encourage, and sustain student interest in insurance, risk management, and actuarial sciences as professions. It encourages high moral and scholastic attainment among its members.

Gamma Iota Sigma facilitates interaction with educational institutions, industry, students, and professional men and women in insurance, risk management, and actuarial science. It also provides several scholarship opportunities.

Gamma Iota Sigma sponsors tours of local insurance companies, guest speakers at meetings, awards banquet, annual dinner, fundraisers for the fraternity and community, and the National Management Conference. Members attend dinners sponsored by the Central Indiana Chapter of Chartered Property and Casualty Underwriters (CPCU) Society, and the Indiana Chapter of Risk and Insurance Management Society (RIMS). 

Membership is open to any major and includes students, faculty, and professionals.

The Phi Chapter was founded at Ball State University in 1982. There are currently 35 chapters nationally. Ball State's Phi Chapter has won several national awards.

Department of Finance and Insurance