International Commerce Olympiad (ICO)

The International Commerce Olympiad (ICO) is conducted by the Commerce Teachers Foundation (CTF), a nonprofit and voluntary organisation.

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International Commerce Olympiad (ICO)

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ICO Eligibility Criteria

Education

  • All students from Class 11 and 12 are eligible to appear for the International Commerce Olympiad.
  • The CTF does not accept less than 20 entries from the school, and there needs to be 10 each from Class 11 and 12 or 20 from a single class (in case one of the classes is participating).
  • The foundation does not have any other eligibility criteria like minimum marks for the exam.

Registration

  • You need to register online on the official website for enrolling for the Olympiad.
  • Once the registration is done, an SMS confirmation is sent to the registered mobile number.
  • For filling up the details of the school, you need to login by entering your registered email id and opted password.

Final Registration

  • Fill up details like: name, class and mobile number.
  • Download the total list of students submitted in the form and keep for future reference.
  • Make the requisite payments
  • Take a printout of the receipt and other forms.
  • Send the printouts of the copies that are duly attested by the Principal along with draft or proof of payment.

About International Commerce Olympiad (ICO)

The International Commerce Olympiad (ICO) is conducted by the Commerce Teachers Foundation (CTF), a nonprofit and voluntary organisation. It has aim of offering professional excellence of the commerce teacher’s fraternity to the education world.  The ICO held in all the CBSE affiliated schools every year for class 11 and 12. It helps students to get familiar with competitive exams atmosphere as after passing out students will be give different entrance exams.  The CTF works towards identifying talent in Commerce subjects and offering an open platform of competition to all students.

Objective:

  • To develop a feel for competitive exam like BBA or Foundation exam conducted by ICSI & other such exams.
  • To encourage the students to think beyond the textual knowledge

Eligibility:

  • All students from Class 11 and 12 are eligible for the International Commerce Olympiad (ICO)
  • The CTF have certain criteria regarding the minimum numbers of entries from school.

Exam Pattern

  • International Commerce Olympiad (ICO) is an Objective type exam (MCQs).
  • For every correct answer candidate will be given 1 mark while there is a negative marking of 0.25 for every incorrect answer
  • Duration of International Commerce Olympiad (ICO) is 2 hours
  • The maximum marks of ICO is 100 Marks
  • The complete syllabus can be downloaded from http://www.ctf.org.in/

Subjects and its distribution

Subjects

Questions (MCQs)

Accountancy

40

Business Studies

40

Reasoning and Intelligence

10

Business Awareness

10

Registration

  • The candidates have to register on the official website for this exam
  • Details like- Name, Class, mobile number is to be filled
  • Candidates should take the print out of receipt and other forms after marking the required payments and keep them for future reference

Candidates should start preparation from NCERT books for ICO exam and then they can also prepare from many ICO recommended books. But first try to clear all the basic concepts by making notes from a textbook. Then students can start with time bound mock test as ICO is of 2 hours only. Sample papers and previous year’s papers are advisable to solve before the exam as it helps in getting familiar with pattern for the exam.

             Rewards

  • Cash Prize to overall Toppers (Vanijya Shree)
  • Merit Certificate shall be given to all those who secure 60% and above
  • Participation Certificate shall be given to all those who secure 33% to 59%
  • Top three students from each school for each class will be awarded with Medals (Gold,Silver & Bronze)
  • Certificate of Appreciation to coordinators and concerned Accountancy and Business Studies teachers
  • Overall three toppers of the Olympiad of class XI and XII shall be honoured separately with the title “Vanijya Shree”
  • Top three schools will receive a trophy for the maximum participation

A topper with a minimum score of 60% marks in each class (from each school) will make the candidate eligible for a Trophy and Certificate of Excellence.