The badge displays the Palace of Theed, most beautiful architectural masterpiece of the galaxy and at the same time start of the great Journey of the Star Wars Saga.
The badge displays a cutaway of the great Massassi temple on Yavin 4, not only the home of the rebel base when the Deathstar was destroyed, but also the home of the New Jedi Order. It is a neat and secluded place - and an architectural masterpiece.
The Badge displays the construction of a lightsaber, as it is the heart and the Soul of a Jedi and of the Star Wars Universe. Without the lightsaber neither of both could exist.