The ICO Syllabus revolves around commerce subjects, including Accountancy, Business Studies, and economics. Apart from these, the achievers’ section is also included in the syllabus for the international Commerce Olympiad (ICO). Although the Olympiad seems for commerce students, candidates from science and humanities can also take part in the exam. At Safalta, we have compiled the entire syllabus for the International Commerce Olympiad (ICO). It is crucial to know that this Olympiad is for Students who are in Classes 11 and 12. Once you look at the ICO Syllabus, you will be able to understand the curriculum, exam pattern, and types of questions that may appear in the Olympiad exam.
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
Recommended: Study for your Exams with Safalta School online. We provide Preparation materials for Classes 9-12 that can boost your preparations.
| ICO Paper Pattern of ICO 2022-2023 |
| ICO Syllabus |
| Key Points |
ICO Paper Pattern of ICO 2022-2023
| Question Type | Duration | Eligibility Criteria | Medium | Location |
| 50 objective-type (multiple choice) questions | 60 minutes | Students of Class 11 and 12 | English | Respective schools |
ICO Syllabus 2022
The question is categorized into four parts.| Section - 1 | Introductory Macroeconomics and Indian Economic Development |
| Section - 2 | Planning, organizing, staffing, directing, and controlling |
| Section - 3 | Knowledge of accounting for companies, analysis of Financial Statements, and cash flow statements |
| Section - 4 | Higher-order thinking questions (HOTs) |
There are 15 questions from each section of the syllabus. Moreover, each question carries 1 mark.
The Science Olympiad Foundation (SOF) conducts the International Commerce Olympiad (ICO). SOF is a non-profit making educational organization, set up in 1999. Its headquarters are in New Delhi. This foundation focuses on enhancing computer knowledge, Science, and mathematical skills among students. When they prepare for the International commerce Olympiad according to the syllabus, they may be able to furnish their talents and skills. Additionally, ICO also improves the learning skills of young children.
The International Commerce Olympiad (ICO) is conducted jointly by the SOF and the Company Secretaries of India. It falls under the supervision of the Ministry of Corporate affairs in India.
There are multiple choice questions in the international commerce Olympiad (ICO). Participants have to select the correct option among the options and fill it in the OMR sheets. ICO is a single-level exam for students in Classes 11 and 12. The exam is conducted in the school during school hours. The time duration for completing the exam is 1 hour.
The following subjects are likely to outline the international commerce Olympiad (ICO)-
- Accountancy
- Economics
- Business Studies
- Achievers’ Section
Key Points to Remember Before Appearing for ICO Examination
Important points to keep in mind before giving the ICO exam-
Set up your goals
The initial step is to set up your goals in accordance with the ICO exam. Once you have decided to pass the exam with good grades, you will walk on the same track and accomplish your aim.
Get a thorough understanding of the Syllabus
Knowing the curriculum can help prepare for the exam in a better way. Once you know the syllabus, exam pattern, and types of questions, you may be able to focus on what you should.
Know the mark weighatge of the Subjects
There are major sections of the ICO Exam, including accountancy, business studies, Economics, and achievers. You should know the marks weightage of these sections so that you can focus on what you should study more.
Get familiarized with the concepts
Having a clear understanding of the subjects can really help with solving the multiple choice questions. As these questions are framed to evaluate your fundamental understanding of the subjects, you must ace the concepts.
Prepare your notes
Making notes can offer multiple benefits. They can help you remember things more than what you read or heard. Notes can also become a helping hand in taking revisions. Furthermore, these can lend you a hand in learning extended topics in a short and concise manner.
Keep up the track
Once you decide your goal and ways to qualify for the International Commerce Olympiad, don’t skip your schedule or miss your learning sessions. Always try to follow your timetable.
You can refer to the iformaton given abovee to kno about the ICO syllabus and its key points.Set up your goals
The initial step is to set up your goals in accordance with the ICO exam. Once you have decided to pass the exam with good grades, you will walk on the same track and accomplish your aim.
Get a thorough understanding of the Syllabus
Knowing the curriculum can help prepare for the exam in a better way. Once you know the syllabus, exam pattern, and types of questions, you may be able to focus on what you should.
Know the mark weighatge of the Subjects
There are major sections of the ICO Exam, including accountancy, business studies, Economics, and achievers. You should know the marks weightage of these sections so that you can focus on what you should study more.
Get familiarized with the concepts
Having a clear understanding of the subjects can really help with solving the multiple choice questions. As these questions are framed to evaluate your fundamental understanding of the subjects, you must ace the concepts.
Prepare your notes
Making notes can offer multiple benefits. They can help you remember things more than what you read or heard. Notes can also become a helping hand in taking revisions. Furthermore, these can lend you a hand in learning extended topics in a short and concise manner.
Keep up the track
Once you decide your goal and ways to qualify for the International Commerce Olympiad, don’t skip your schedule or miss your learning sessions. Always try to follow your timetable.
Where can you get all the information about ICO?
You can get all the details regarding ICO at Safalta, including the exam dates, exam pattern, syllabus, and results. Nevertheless, you can visit the official website of SOF for more detailed information.
Who are eligible for ICO?
Candidates from Classes 11 and 12 are eligible for taking part in the International Commerce Olympiad (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.
What is the syllabus of ICO?
The ICO syllabus is explained in the blog above. You can have a look.