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SOF ICO 2020-21 International Commerce Olympiad :

Organisation : Science Olympiad Foundation (SOF)
Contest Name : ICO 2020-21 International Commerce Olympiad
Applicable For : Students of classes 11th & 12th
Last Date : 30 days before the chosen date of exam date
Exam Dates : 10th Dec 2020 & 19th Jan 2021
Website :

Sponsored Links:

SOF ICO Olympiad

Applications are invited for SOF ICO Olympiad 2020-21.

Related / Similar Contest : SOF IGKO Olympiad 2020-21


Students of classes 11th & 12th are eligible to appear for the SOF ICO. There is no other eligibility criterion like minimum marks. SOF ICO is a single level exam. Students from Science, Commerce & Humanities may appear for the SOF ICO.

How To Participate?

Registration of Students

The SOF ICO is open to the students of classes 11 & 12. Students should register through their respective schools only. Individual registrations by students are not accepted. A minimum of 5 students need to be registered from each school for SOF ICO.

Principals/teachers may please note that any school can be registered as a center for SOF ICO Level 1. No fee is required from the institution to become a registered examination centre.

Prospectus containing the Registration forms are sent to all schools registered with SOF. Schools not registered may also request for prospectus by sending an e-mail at or by calling 0124-4951200. Schools must return the registration forms to SOF, duly filled in and complete in all respects by the due date.

Roll Numbers

The school’s coordinating teacher should fill the School Registration Form (SRF) and Students’ Registration Sheet (SRS) as per the guidelines given & should send to the SOF’s office before the due date of submission of forms. SOF will register the applicant school and the students. As per the Students’ Registration Sheet (SRS) received from the School, SOF will generate roll numbers for all students.

SOF will dispatch examination material and guidelines as per the exam date & forms received from the school for conducting the examination.

Registration Fee

Schools in India, Bangladesh, Bhutan & Nepal pay to SOF a registration fee of Rs 125* (including GST) per student / Olympiad towards cost of examination. Schools may charge an additional Rs 25** per student towards honorarium of incharge, remuneration to teachers to teach and guide, and for other expenses.

No fee is payable for students su?ering 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.

Exam Pattern

The SOF International Commerce Olympiad is a single level exam. The test is organized in the respective schools of the participants during school hours.

(i) The level 1 competition is a test of 60 minutes duration comprising 50 objective-type (Multiple Choice) questions for classes 11 & 12.

(ii) The question paper consists of four sections:
Section-1: Economics
Section-2: Business Studies
Section-3: Accountancy
Section-4: Achievers Section

(iii) SOF ICO is conducted on two dates for Level 1. Each school may select a date for conducting the SOF ICO as per its convenience. There are separate question papers for each class. Change of date for conducting the SOF ICO is not permitted.
(iv) The medium of the test is English.
(v) CBSE, ICSE/ISC and State Board syllabi are followed for setting the test papers.
(vi) The exam is conducted during school hours.

Awards/ Scholarships

International, Zonal & School topper awards will be provided to SOF ICO winners. ICO is a Single level exam and will be conducted for classes 11 & 12.

Each winner will be entitled to one award for an exam. The winners will be entitled to the higher level award only. For e.g., the international top 3 rank holders will be entitled to awards based on their International ranks.

Awards accruing to them for Zonal ranks will be given to the next rank holder. Similarly, class award accruing to a Zonal award winner will be given to the next rank holder.

At International Level
Rank Awards Number of Awards
1st Rs.1,00,000/- Each + Gold Medal*#+ Certificate of Outstanding Performance 2
2nd Rs.75,000/- Each + Silver Medal*#+ Certificate of Outstanding Performance 2
3rd Rs.50,000/- Each + Bronze Medal*#+ Certificate of Outstanding Performance 2
4th Rs.25,000/- Each + Medal of Distinction*#+ Certificate of Outstanding Performance 2
5th Rs.10,000/- Each + Medal of Distinction*#+ Certificate of Outstanding Performance 2


Any clarification regarding rules, format/pattern of the paper, etc., may be sought from SOF through phone-call – 0124-4951200 or email at

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