Phi Beta Lambda (PBL), a national organization founded in 1958 with state and local chapters, was established for students interested in a career in business. The activities of PBL provide an opportunity for business students to prepare for business and office occupations. It helps students to learn more about our economic system and the business community. By participating in PBL, students are able to get practical experience in the business community. Students participate in local, state, regional, and national competitions.