The International Commerce Olympiad (ICO) is jointly organized by the Science Olympiad Foundation (SOF) and the Institute of Company Secretaries of India. ICO is a single-level exam. Students from Classes 11 and 12 can participate in the International Commerce Olympiad (ICO). The participants will get the Student Performance Report (SPR) from ICO, through which they can analyze their results. Although the ICO seems only for Students from the commerce stream, candidates from science and humanities can also take part in this olympiad exam. This exam aims to enhance the talents and skills of students in the field of commerce field.
Recommended: Study for your Exams with Safalta School online. We provide Preparation materials for Classes 9-12 that can boost your preparations.
Table of Content
| International Commerce Olympiad (ICO) 2022: An Overview |
| ICO Exam Pattern 2022-2023 |
| ICO Eligibility Criteria 2022-2023 |
| Advantanges of ICO Exam |
International Commerce Olympiad (ICO) 2022: An Overview
| Full-Form of ICO | International Commerce Olympiad |
| Conducting Body | SOF |
| Language | English |
| Mode of Application | Offline |
| Frequency of Exam | Anually |
| Mode of Exam | Computer-based Test or OMR |
| Exam Duration | One hour |
ICO Exam Pattern 2022-2023
The paper consists of 50 Multiple-Choice questions. Students need to complete the exam within one hour. The four sections of the exam are Economics, Business Studies, Accountancy, and Achievers.
| Class | Section | Number of Questions | Marks/Question | Total Marks |
| Economics | 15 | 1 | 15 | |
| 11 and 12 | Business Studies | 15 | 1 | 15 |
| Accountancy | 15 | 1 | 15 | |
| 5 | 3 | 15 | ||
| Grand Total | 50 | 60 |
ICO Eligibility Criteria 2022-2023
- The Students from Classes 11 and 12 are eligible to take part in the Olympiad.
- The maximum number of students required from each class is 20
- There are no criteria like minimum passing scores.
Advantages of taking part in the ICO Exam
- The candidates from Classes 11 and 12 can self-access their skills and talents through the International Commerce Olympiad (ICO)
- ICO offers students a chance to win rewards and prizes for their knowledge.
- The scholars get positions according to their performance in Olympiad. The exam allows the candidates to analyze themselves at four levels: School, Zonal, Regional, and International level.
Also read:
International Mathematical Olympiad (IMO)
International English Olympiad (IEO)
National Science Olympiad (NSO)
National Cyber Olympiad (NCO)
Who are eligible for ICO?
Why should you participate in the ICO?
There are multiple benefits you can get from participating in the ICO exam. Some of these are-
- You get a chance to showcase your talents
- You get a chance to win rewards for your skills and knowledge
- There is the scope of presenting you and your skills at an international level
- The ICO Syllabus is the same as you have in CBSE. Therefore, you can study for ICO while preparing yourself for the school and board exams.
Where can you get all the information about ICO?
What is the registration process for ICO?
- The registration is done online on the official website of SOF.
- After registration, the SOF sends a confirmation message on the registered mobile number of the candidates.
- To fill up the essential details, candidates can use their registered e-mail id and password.
- It is necessary to fill in the information of the accountancy and business studies school instructor for the certificates.
- The required fields are Name, Class, and phone numbers. The coordinating teacher strictly follows the guidelines of SOF while submitting the registration details of the candidates.
- The SOF generates the roll number for students and hands them over to the schools.