International Commerce Olympiad (ICO) by IOF
by International Olympiad Foundation (IOF)
Certificate of Participation & Merit
International Commerce Olympiad (ICO) by IOF is a competition by International Olympiad Foundation (IOF) for students in Class 11–12, open to students across India. Registration closes 9 Oct 2026.
Mode
In-Person
Eligibility
Class 11–12
Fee
₹150
Duration
60 minutes
Format
Individual
Time needed
Preparation time varies based on student's self-study and school support
Key Dates
- Registration opens
- 1 Apr 2026
- Registration closes
- 9 Oct 2026
- Competition
- 28 Nov 2026
- Results
- 31 Jan 2027
Online · IOF Online Exam Portal
About This Opportunity
The International Commerce Olympiad (ICO), conducted annually by the International Olympiad Foundation (IOF), is a prestigious academic competition designed to assess and strengthen the commercial aptitude of senior secondary school students. It evaluates conceptual understanding and application-based knowledge in core Commerce subjects while fostering analytical thinking, problem-solving skills, and academic confidence.
The Olympiad is open to students of Classes 11 and 12 from all streams, including Commerce, Science, and Humanities, encouraging interdisciplinary participation. Registration is done only through schools, and individual registrations are not accepted. The examination is typically conducted during school hours, making participation convenient for students.
ICO is a single-level examination consisting of 50 objective-type (MCQ) questions to be completed in 60 minutes, with no negative marking. The question paper is divided into four sections: Economics, Business Studies, Accountancy, and an Achievers Section, covering syllabi aligned with CBSE, ICSE/ISC, and State Boards.
All participants receive a Student Performance Report (SPR) that provides a detailed analysis of their strengths, weaknesses, and comparative performance at the international, zonal, and school levels. High-performing students are rewarded with international, zonal, and school topper awards, including cash prizes (up to ₹1,00,000), medals, certificates, and gifts. The ICO offers students global academic recognition and serves as a strong foundation for careers in commerce, management, finance, and entrepreneurship.
Eligibility
- Grade Level
- Class 11–12
- Age Range
- 15 - 18 years
- Location
- Nationwide
Academic requirement
Students from Commerce, Science, and Humanities streams are eligible to participate.
Prerequisites
- Familiarity with the Class 11 and 12 syllabus for Economics, Business Studies, and Accountancy based on CBSE, ICSE/ISC, and State Boards.
Open to all students in classes 11 and 12, regardless of their academic stream (Commerce, Science, or Humanities). Registration must be completed through the student's school. No minimum marks are required for participation.
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Academic Details
Difficulty: Intermediate
What's covered
The syllabus covers topics from Economics, Business Studies, and Accountancy as per the curriculum of classes 11 and 12 of CBSE, ICSE/ISC, and various State Boards.
Rewards & Recognition
Prizes
Medals & Trophies
High-performing students receive medals and gifts.
Certificate
Certificate of Participation & Merit
All participants receive a Student Performance Report (SPR) and a Participation Certificate. High-performing students receive merit certificates, including Gold, Silver, and Bronze E-Certificates or Printed Certificates based on their scores.
Recognized by
Recognition
International Recognition
Skills your child builds
Exam format
- Total marks
- 50
- Duration
- 60 minutes
- Format
- MCQ
- Language
- English
How entries are judged
Accuracy of answers to objective-type questions, with higher scores determining top performers.
Selection process
Selection for awards and recognition is based on the scores achieved in the single-level examination, with top performers at international, zonal, and school levels being honored.
How to apply
- 1School registers students for the Olympiad
- 2Students appear for the examination at their school
How to prepare
- School textbooks aligned with CBSE, ICSE/ISC, and State Boards syllabi
- Previous year question papers of ICO
- Sample papers and mock tests for Commerce Olympiads
Fees & financial support
Fee details
The registration fee for students in India is ₹150 per Olympiad. A 20% discount is applicable if a student registers for 5 or more Olympiads. For students studying in schools outside India, the application fee is USD 8 per Olympiad.
Refund policy
The registration fee, once paid, is non-refundable.
Frequently asked questions
What is the last date to register for International Commerce Olympiad (ICO) by IOF?
The registration deadline is 9 Oct 2026.
Is International Commerce Olympiad (ICO) by IOF free?
₹150 registration
Who can participate in International Commerce Olympiad (ICO) by IOF?
Students in Class 11–12. children aged 15-18.
What will my child gain from International Commerce Olympiad (ICO) by IOF?
Medals, trophies, and gifts for high-performing students. Certificates of Participation and Merit recognized by IOF, SOF, and ICSI. International academic recognition. Develops critical thinking, analytical, and problem-solving skills. Strengthens foundation for careers in commerce, management, and finance. Enhances prospects for higher education in commerce-related fields. Medals and gifts for high-performing students.
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