International Commerce Olympiad (ICO)

The SOF ICO (International Commerce Olympiad) is conducted in association with The Institute of Company Secretaries of India, under the administrative control of The Ministry of Corporate Affairs.

Benefits of ICO Olympiad Exam

Self-realization of potential and aptitude to take up the career decision.

ICO has only one level for exam and conducted in the respective schools of the participants during school hours.

1. There are  50 objective-type (Multiple Choice) questions for class 11 to class 12 of 60 minutes duration.
2. The question paper consists of four sections:
   • Section 1: Economics
   • Section 2: Business Studies
   • Section 3: Accountancy
   • Section 4: Achievers Section
3. SOF conducts exam on two dates and each school may select a date for conducting the ICO as per their convenience. Question paper is different for each date of exam. SOF does not permit the change of date for conducting the exam.
4. Question paper is different for each date of exam.
5. English is the Medium of the test.
6. Test paper are prepared based on CBSE, ICSE/ISC and State Board syllabus.

How to participate

Registration of Students

Student of class 1st to 10th can participate in the exam.

Any school can be registered themselves as a center for SOF ICO Level 1 and there is no fee for the institution to become a registered examination centre.

SOF will send the prospectus containing the Registration forms to all registered schools. Prospectus can also be requested by unregistered schools by sending an e-mail at info@sofworld.org or by calling 0124-4951200. Schools must return the registration forms duly filled and complete in all respects by the due date to SOF.

Roll Numbers

School Registration Form (SRF) and Students’ Registration Sheet (SRS) are filled by school’s coordinating teacher as per the guidelines & should send to the SOF’s office before the due date of submission of forms. Upon receipt of registration form, SOF will register the applicant school and the students. SOF will generate roll numbers as per the Students Registration Sheet (SRS) received from the School.

SOF conducts level 1 exam on three dates and each school may select a date for conducting the ICO as per their convenience. Question paper is different for each date of exam. SOF does not permit the change of date for conducting the exam.

Registration Fee

Registration fees of Rs 125* (including GST) per student / Olympiad  for the schools in India, Bangladesh, Bhutan & Nepal towards cost of examination. Schools has the option to charge an additional Rs 25** per student towards remuneration to teachers to teach and guide, and for other expenses. There is no fees for students suffering from any major physical disability, or an Indian student whose parent was martyred during defence operations.

• *US$9 for other countries.
• **US$1 for other countries.

Clarifications

School/student can reach out to SOF through phone-call – 0124-4951200 or email at info@sofworld.org for any clarification regarding rules, format/pattern of the paper, etc.

Marking schemes is as below