Hello students and parents!
Hello students and parents! Do you want to expand your Commerce knowledge skills and keep up with what’s happening in the world in an award-winning way? If Yes, then let us discuss on International Commerce Olympiad (ICO) and how it is a fun and knowledge enriching experience for budding minds.
Table of Contents
What is the ICO?
The International Commerce Olympiad is an annual competition that tests students’ knowledge in commerce-related subjects. It’s a great way to deepen your understanding of business concepts and assess your skills.
Who conducts this Olympiad?
The ICO is organized by the Science Olympiad Foundation (SOF), in collaboration with the Institute of Company Secretaries of India.
Official Website?
For more details, you can visit the official website: https://sofworld.org/ico
Who can participate?
Students from Class 11 and Class 12 are eligible to participate in the ICO. It’s open to all students who are keen to learn more about commerce.
How to register?
- Through School: Many schools register their students for the ICO. If your school is participating, you can give your name to your teacher.
- Individual Registration: If your school isn’t participating, you can register individually through the SOF website.
When is the exam held?
The ICO is usually conducted in December and January. Schools can choose a date that works best for them.
What’s the syllabus?
The syllabus covers various commerce topics, including:
- Class 11: Introductory Microeconomics, Statistics for Economics.
- Class 12: Introductory Macroeconomics, Indian Economic Development.
For a detailed syllabus, you can visit the SOF website. citeturn0search10
Exam pattern?
- Number of Questions: 50 multiple-choice questions.
- Duration: 60 minutes.
The questions are divided into sections like:
- Economics
- Business Studies
- Accountancy
- Achievers Section (Higher Order Thinking Questions)
Exam fees?
A small fee is charged to participate in the ICO. The exact amount can be confirmed with your school or found on the SOF website.
How to prepare?
- Understand the basics: Make sure you’re comfortable with the commerce topics taught in your class.
- Practice regularly: Solve sample papers and previous years’ question papers to get familiar with the exam pattern.
- Use available resources: The SOF website offers sample papers and other study materials to help you prepare.
Why participate?
- Enhance your commerce knowledge: Preparing for the ICO helps you understand commerce concepts better.
- Develop analytical skills: The questions encourage you to think critically and analytically.
- Gain recognition: Performing well can earn you certificates, medals, and other awards, adding value to your academic profile.
Language of the exam?
The exam is conducted in English.
Where is the exam held?
The exam is usually held in your own school during school hours, making it convenient for you.
Study materials?
The SOF website provides sample papers and other study materials. You can also find reference books aligned with the Olympiad syllabus in bookstores and online.
Participating in the ICO is a wonderful opportunity to challenge yourself and deepen your understanding of commerce. Happy learning and best of luck!