The Order of Omega was founded at the University of Miami in the Fall of 1959 by Parker F. Enright, the fraternity advisor.. On February 9, 1967 (8 years later), a second chapter was chartered at the University of Southern Mississippi and the organization was begun. Since that time, more than 300 campuses have been honored with the establishment of a chapter of the Order of Omega.

At Florida International University, The Lambda Phi chapter of the National Order of Omega was founded in 1991; however, was reestablished in October of 2001 after a few inactive years. Membership is limited to colligate Juniors and Seniors (honorary members excluded), representing only 3% of the campus' Greek population , making Order of Omega one of the highest honors a Greek member can receive.

Qualifications for Membership are as follows:

• 3.00 cumulative GPA or higher
• Junior or senior (undergraduate) standing
• Significant leadership in the Florida International University Community
• One full academic year in the institution where elected
• Good standing with your fraternal organization

• To recognize those fraternity men and women who have attained a high standard of leadership in interfraternity activities, to encourage them to continue along this line, and to inspire others to strive for similar conspicuous attainment.

• To bring together outstanding fraternity men and women to create an organization which will help to mold the sentiment of the institution on questions of local and intercollegiate fraternity affairs.

• To bring together members of the faculty, alumni, and student members of the institution's fraternities and sororities on a basis of mutual interest, understanding and helpfulness.