Delta Sigma Pi is a professional fraternity organized to foster the study of business in universities; to encourage scholarship, social activity, and the association of students for their mutual advancement by research and practice; to promote closer affiliation between the commercial world and students of commerce, and to further a higher standard of commercial ethics and culture and the civic and commercial welfare of the community.

Candidates for membership in Delta Sigma Pi must receive an invitation to join from a local chapter, complete an orientation program, and demonstrate a willingness to perpetuate the ideals of the Fraternity. Members may be men and women of all creeds, colors, and sexual orientations engaged in the study of business or related fields. Cross-membership in Greek social fraternities and sororities is permitted.