ICO International Commerce Olympiad 2022-2023, Know the Registration Process, Eligibility Criteria, and Other Details

Safalta Expert Published by: Noor Fatima Updated Sat, 08 Oct 2022 01:42 PM IST

Highlights

Here is the information about International Commerce Olympiad. You can give a read to this blog and get all the information about the same.

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International Commerce Olympiad: International Commerce Olympiad (ICO) is an International Olympiad exam. Candidates studying in Classes 11 and 12 are eligible to participate in the ICO Exam. Science Olympiad Foundation (SOF), in collaboration with the Institute of Company Secretaries Of India, conducts the exam every year. Students studying in 11 and 12 grades are eligible to participate in the International Commerce Olympiad. The major subjects for ICO are Accountancy, Business Studies, Economics, and Achiever's section.

Source: safalta.com

The highest number of students necessary from each class to appear in the ICO exam is 20. There is no condition like minimum passing scores. The Olympiad helps the candidates analyze their strengths and weaknesses. In addition, candidates get an opportunity to showcase their talent at four different levels. These include School, City, Zonal, Regional and International levels. The winners are awarded as per their performance at each level. Rewards include cash prizes, medals, presents, Certificates, and other prizes. 

 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
ICO 2022-2023
ICO Exam: Important Points
ICO Registration Process 
ICO Exam Dates 2022-2023
ICO rewards

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ICO 2022-2023

International Commerce Olympiad (ICO) is Olympiad exam conducted on an international level. Candidates studying in Classes 11 and 12 are eligible to participate in the ICO Exam. Science Olympiad Foundation (SOF), in collaboration with the Institute of Company Secretaries Of India, conducts the exam every year.

Students studying in 11 and 12 grades are eligible to can take part in the International Commerce Olympiad exam. The major subjects for ICO are Accountancy, Business Studies, Economics, and Achiever's section.
  • Deadline for ICO: The deadline for submitting the application form is January 2023
  • Eligibility Criteria for ICO: Candidates who are in Classes 11 and 12 are welcome to participate in the International Commerce Olympiad (ICO). 

ICO Exam: Important Points 

  • The International Commerce Olympiad can take place in the schools during school hours.
  • The Olympiad is a Multiple-Choice Questions based exam with 60 mins, having 50 questions for Classes 11 and 12. 
  • The paper is divided into 4 sections; Economics, Business Studies, Accountancy, and Achievers sections
  • The question paper is different for both classes. English will be the language for the International Commerce Olympiad (ICO) exam. The syllabus of the exam is based on the syllabus of CBSE/ICSE and the state board.
  • Candidates are selected based on their marks and performance in the Olympiad.

ICO Registration Process 2022-2023

Candidates should follow the steps given below to register themselves for the International Commerce Olympiad (ICO)-
  • Go to the official site of the Science Olympiad Foundation and select International Commerce Olympiad (ICO) option. 
  • Click to 'apply' and read out the important details to be filled
  • Fill up the details and register yourself for the ICO. 
Read more about ICO Registration

ICO Exam Dates 2022-2023

  • First Exam date: 22nd December 2022
  • Last date: 7th December 2022
  • Second Exam date: 24th January 2023
  • Last date: 9th January 2023.
Read more about ICO Exam Dates 2022-2023
 

ICO Rewards

  • The first rank holders will be given INR 1 lakh each, a gold medal, and a certificate of participation.
  • The second-rank holders will be given INR 75,000 each, a silver medal, and a certificate of participation.
  • The third rank holders will be awarded INR 50,000 each,  a bronze medal, and a certificate of participation.
  • The 4th rank holder will be given 2 awards with INR 25,000 each, a medal of distinction, and a certificate of participation.
  • The 5th rank holder will be given INR 10,000 each, a medal of distinction, and a certificate of participation. 
Candidates can refer to the details given above to know about the registration process of International commerce Olympiad, eligibility criteria, rewards, and other details. 

What is ICO?

International Commerce Olympiad (ICO) is an olympiad exam that is conducted on a worldwide level. The exam is conducted by the Science Olympiad Foundation (SOF) for students studying in classes 11 and 12th.

Who can take part in the ICO?

Students from any recognized educational boards can take part in the ICO. They should be in Classes 11 and 12. 

Is ICO an International Level Olympiad exam?

Yes, the International Commerce Olympiad is an international-level olympiad Exam. 

What are the requirements to take part in the ICO?

Candidates who are in Classes 11 and 12 are welcome to participate in the International Commerce Olympiad (ICO). 

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