School students write maths, science and English Olympiad at a young age. Since commerce subject comes after the 10th standard, it is not included in the Olympiad subjects at a young age. There is a long-held desire to include the commerce Olympiad for school students. ICSI is joining hands with the science Olympiad foundation to conduct the international commerce Olympiad. Every year, nearly 6000 plus students write the commerce Olympiad in India. International commerce Olympiad teaches about the finance profession to students from a young age.
ICSI programs 2023:
In March, ICSI, Kolkata is organising for 1st national women’s conference. In December month, the 2nd international conference happens in London, UK. On 18th January, ICSI published the draft for social audit standards. On 12th January 2023, ICSI conducted the YUVOTSAV 2023 contest. ICSI organise programs and seminars to spread knowledge and awareness to the people.
Importance of the Science Olympiad:
CREST Olympiads, Science Olympiad foundation, Asset educational initiatives, Unicus Olympiads, homi bhabha centre for science education, hummingbird education, Indian talent Olympiad, Edu heal foundation, unified council, and silver zone foundation are the authorities conducting the science Olympiad in India. The following points explain the importance of the science Olympiad:
• Science Olympiad improves aptitude skills.
• Science Olympiad helps the students to build their profile with specialised knowledge.
• Science Olympiad improves analytical skills.
• Science Olympiad improves problem-solving skills.
• Science Olympiad help for getting clarity in the science concepts and theories.
• Science Olympiad enhances academic performance.
• Science Olympiad prepares the student for other competitive examinations.
• Science Olympiad increases reasoning ability at a young age.
• Science Olympiad enhances the general knowledge of the students.
• The science Olympiad certificate helps in achieving academic goals.
Importance of the international commerce Olympiad:
SOF international commerce Olympiad is taken by the students after 10th standard. The eligibility criteria to apply for applying the international commerce Olympiad are as follows: The SOF accepts registration through schools, individual applications are not accepted, a minimum of five students are necessary from a single school, and there are no criteria for the minimum marks. The syllabus for international commerce Olympiad 11th standard students is as follows an introduction to microeconomics, statistics for economics, forms of business organisation, emerging modes of business, nature and purpose of business, business services, internal trade, international business, introduction to accounting, recording of business transactions, preparation of bank reconciliation statement, depreciation, and provision and reserves. The syllabus for 12th standard students is as follows: introduction to macroeconomics, Indian economic development, business environment, nature and significance of management, planning, organising, staffing, directing, controlling and marketing management, accounting for partnership firms, analysis of financial statements, financial statements of non-profit organisations, and high-order thinking skills. The examination helps commerce students with the following benefits:
• Commerce Olympiad enhance creativity and language skills.
• Commerce Olympiad tests analytical skills related to business operations.
• Commerce Olympiad enhance the writing and reading skills of the students.
• Commerce Olympiad enhance the confidence of the students.
• Commerce Olympiad help student to prepare themselves for the business world.
How do other stream students learn ACS?
Students with B.A.,(English literature), B.A. (History), and B.A. (Economics) learn ACS courses. They find the ACS course as interesting and easy to understand. Communication skills and conceptual understanding are the base for the ACS course. Students with the above-said degree can clear the professional examination. Coaching and regular practice make even the weak student as the best student. The following points explain the skills of arts and commerce students.
• Commerce and arts students are good at verbal and non-verbal communication.
• Commerce and arts students are good at presentation skills. They prepare PowerPoint presentations to explain the operations or management ideas.
• They are good at digital marketing skills. They understand customer expectations and satisfaction.
• They understand data and business analytics. They do MBA analytics or computer courses to get into the analytics profile.
• They understand business logic and can do logical speaking.
• They have leadership skills. A good leader listens to the issues of the followers. Commerce and art students naturally can listen and convince customers.
• Arts students have visualization skills. Applying creativity to visualise business plans and meetings is part of a company secretary’s job.
How commerce Olympiad promote professional education?
Commerce Olympiad help the students to understand the importance of commerce education. The students understand the vast opportunities in the different fields through the commerce Olympiad. Commerce education increases the demand for a product. Commerce education help for reducing cost. Commerce education educates business owners about time. Immediate action and response are essential for market demands and buyer expectations. Accountancy is the branch of mathematics. The six branches of commerce are as follows: trade, insurance, transport, logistics, banking, and advertising. Commerce is a promising profession. It improves the confidence and managerial skills of the students.
Conclusion:
The science Olympiad foundation is located in New Delhi. This foundation promotes general knowledge, science, mathematics, computer education, the English language and skills for professional courses. Commerce Olympiad create enthusiasm in students to pursue finance courses. Professional courses are easy for a student if the students have intense knowledge of commerce. SOF is non-profit organisation. It promotes professional education. Commerce Olympiad help the students to showcase their talent at the international, zonal and school level. The Olympiads encourage the students with cash prizes, certificates and scholarships. The price depends upon the performance of the student.
