CMA National Youth Commerce Olympiad (NYCO) - Commerce Olympiad for Students
by Institute of Cost Accountants of India (ICMAI)
Win cash prizes up to ₹1,00,000
CMA National Youth Commerce Olympiad (NYCO) - Commerce Olympiad for Students is a competition by Institute of Cost Accountants of India (ICMAI) for students in Class 8–12, open to students across India.
Mode
Online
Eligibility
Class 8–12
Fee
₹50
Duration
Varies by category; exam duration is approximately 1 hour.
Format
Individual
Time needed
Approximately 2-3 hours including preparation and the online exam. Category-wise sample practice questions are available for understanding.
About This Opportunity
The CMA National Youth Commerce Olympiad (NYCO), organized by the Institute of Cost Accountants of India (ICMAI), is a prestigious national-level competition designed to identify and cultivate management accounting talent among young students across India. This Olympiad provides a unique platform for students to demonstrate their knowledge and skills in commerce, finance, and economics, fostering a deeper understanding and appreciation for these vital subjects.
Participants will enhance their critical thinking, problem-solving, and analytical abilities through a challenging and engaging online examination. Attractive prizes, including cash awards up to ₹1,00,000, scholarships, and digital certificates, will be awarded to top performers, offering significant recognition and motivation for their future academic and professional endeavors.
The online exam can be conveniently taken from home. Category-wise sample practice questions are available to help students prepare effectively.
The Olympiad is divided into three categories: Category A for students of classes 8 to 10 (ages 13-16), Category B for students of classes 11 and 12 and students studying CMA Foundation or CAT (ages 16-19), and Category C for graduates and CMA Inter and Final students (ages 19-25). This competition not only tests their knowledge but also prepares them for future challenges in the field of commerce and management accounting.
Eligibility
- Grade Level
- Class 8–12
- Age Range
- 13 - 18 years
- Location
- Nationwide
Academic requirement
Students from Class VIII to XII, as well as those pursuing CMA Foundation, CAT Course of ICMAI, Graduation, CMA Inter, or CMA Final can register.
Prerequisites
- Basic understanding of commerce and mathematics.
Additional requirements
- Open only to Indian students
Open to students in grades 8-12 and students pursuing CMA Foundation, CAT Course of ICMAI, Graduation, CMA Inter, or CMA Final. Exam conducted online. Age range: 13-18 years.
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Academic Details
Difficulty: Mixed Levels
What's covered
Category-wise sample practice questions are available for understanding. The exam covers topics relevant to the participant's academic level and the CMA curriculum. Key topics include accounting principles, financial management, and economic theories.
Rewards & Recognition
Award
₹1,00,000 Cash Prize
The 1st Rank winner will receive ₹1,00,000. The 2nd Rank winner will receive ₹50,000. The 3rd Rank winner will receive ₹20,000. Each Consolation Prize winner will get ₹500. Cash prizes will be disbursed to the winners through online transfer or cheque after verification of credentials.
Certificate
Digital Certificate of Participation
Digital Certificate of Participation for all participants. Merit certificates for top performers, recognized by the Institute of Cost Accountants of India (ICMAI).
Opens doors to
Provides an advantage in pursuing higher education in commerce-related disciplines such as B.Com, MBA, and specialized courses in finance and accounting.
Career pathways
Provides a strong foundation for careers in accounting, finance, management, and economics. Useful for aspiring Cost and Management Accountants (CMAs), Chartered Accountants (CAs), and other finance professionals.
Recognition
National Recognition from ICMAI
Skills your child builds
Exam format
- Total marks
- 100
- Duration
- 60 minutes
- Format
- Multiple Choice Questions
- Language
- English
Rounds & format
Online exam with multiple choice questions.
How entries are judged
Based on performance in the online exam.
Selection process
Based on the scores obtained in the online exam.
How to apply
- 1Online registration through the NYCO portal (eicmai.in/nyco).
- 2Fill in the required details and pay the registration fee.
Fees & financial support
Fee details
Registration fee is ₹50. This fee is non-refundable except in cases of multiple payments.
Refund policy
Refund for multiple payments will be processed in due course. No refunds for any other reason. Please contact the support team for assistance.
Frequently asked questions
Is CMA National Youth Commerce Olympiad (NYCO) - Commerce Olympiad for Students free?
₹50 registration
Who can participate in CMA National Youth Commerce Olympiad (NYCO) - Commerce Olympiad for Students?
Students in Class 8–12. children aged 13-18.
What will my child gain from CMA National Youth Commerce Olympiad (NYCO) - Commerce Olympiad for Students?
The 1st Rank winner will receive ₹1,00,000.. The 2nd Rank winner will receive ₹50,000.. The 3rd Rank winner will receive ₹20,000.. Each Consolation Prize winner will get ₹500..
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