The ICSI-SilverZone Commerce Olympiad (ISCO) is a commerce-focused examination for students of Classes 11 and 12. It covers Accountancy, Business Studies, Economics, and the ICSI.
The Olympiad helps students assess their conceptual understanding while providing opportunities to participate at class, zonal, and international levels through a competitive examination.
The SilverZone Commerce Olympiad is a single-level examination conducted through participating schools during school hours. It is designed for students of Classes 11 and 12 and is conducted in English.
|
Particular |
Details |
|
Exam |
ICSI-SilverZone Commerce Olympiad |
|
Classes |
11 and 12 |
|
Mode |
School-based examination |
|
Medium |
English |
|
Level |
Single-level examination |
|
Subjects |
Accountancy, Business Studies, Economics, and The ICSI |
|
Syllabus |
CBSE, ICSE/ISC, and State Board aligned |
|
Date 1: 5 Oct 2026 |
The Olympiad also introduces students to the Institute of Company Secretaries of India (ICSI), the Company Secretaryship course, and related career opportunities.
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Students studying in Classes 11 and 12 are eligible to participate in the Olympiad through their schools.
Important points regarding eligibility and participation are:
Students participate through their respective schools.
Separate question papers are provided for each class.
Schools can register as examination centres.
There is no registration fee for schools to become examination centres.
A minimum of 20 students from a school must register for conducting the examination.
The SilverZone ISCO consists of 50 multiple-choice questions that students have to attempt within 60 minutes. There is no negative marking for incorrect answers.
|
Section |
Subject |
Questions |
Marks per Question |
Total Marks |
|
A |
Accountancy |
15 |
2 |
30 |
|
B |
Business Studies |
15 |
2 |
30 |
|
C |
Economics |
10 |
3 |
30 |
|
D |
The ICSI |
10 |
1 |
10 |
|
Total |
— |
50 |
— |
100 |
Students should manage their time carefully because the complete paper has to be attempted within one hour.
The SilverZone ISCO syllabus consists of four sections: Accountancy, Business Studies, Economics, and ICSI.
The ICSI-SilverZone Commerce Olympiad (ISCO) is a commerce-focused examination for Class 11 covering Accountancy, Business Studies, Economics, and the ICSI. It helps students assess their conceptual understanding and compete at different levels.
Accountancy
Theoretical Framework
Accounting Process
Financial Statements of Sole Proprietorship
Business Studies
Nature and Purpose of Business
Forms of Business Organisations
Public, Private and Global Enterprises
Business Services
Emerging Modes of Business
Social Responsibility of Business and Business Ethics
Sources of Business Finance
Small Business
Internal Trade
International Business
Economics
Introduction
Collection, Organisation and Presentation of Data
Statistical Tools and Interpretation
Consumer's Equilibrium and Demand
Producer Behaviour and Supply
Forms of Market and Price Determination under Perfect Competition with Simple Applications
The ICSI
Introduction to ICSI
Benefits of Opting for ICSI
Career Opportunities
The Class 12 SilverZone ISCO syllabus covers Accountancy, Business Studies, Economics, and the ICSI. Students should prepare each section thoroughly to strengthen their concepts and perform well in the Olympiad.
Accountancy
Accounting for Partnership Firms
Accounting for Companies
Analysis of Financial Statements
Cash Flow Statement
Computerised Accounting
Business Studies
Nature and Significance of Management
Principles of Management
Business Environment
Planning
Organising
Staffing
Directing
Controlling
Financial Management
Financial Markets
Marketing Management
Consumer Protection
Economics
National Income and Related Aggregates
Money and Banking
Determination of Income and Employment
Government Budget and the Economy
Balance of Payments
Development Experience (1947–90) and Economic Reforms since 1991
Current Challenges Facing Indian Economy
Development Experience of India – A Comparison with Neighbours
The ICSI
Introduction to ICSI
Benefits of Opting for ICSI
Career Opportunities
Students cannot register independently for the Olympiad. Registration is conducted through participating schools.
The registration process involves:
Schools receive the prospectus and registration forms.
Interested students provide their details through the school.
The school submits the completed registration forms within the specified deadline.
A minimum of 20 students should register from a school for conducting the examination.
Schools that are not already registered with SilverZone can contact the foundation for registration-related information.
The SilverZone ISCO is conducted annually on two dates at participating schools. Schools can select one of the suggested examination dates.
Important points about the examination schedule include:
The examination is conducted at the participating school.
Students take the examination during school hours.
Two examination dates are provided annually.
Schools select one of the suggested dates.
Different question papers are provided for the two examination dates.
Students should check the official SilverZone website for the latest examination schedule and registration deadlines.
The Olympiad provides awards to top-performing students. For each class, the first three international-level rank holders receive cash prizes, medals, and certificates.
|
Rank |
Award |
|
1st |
₹50,000 + International Gold Medal + Certificate of Outstanding Performance |
|
2nd |
₹30,000 + International Silver Medal + Certificate of Outstanding Performance |
|
3rd |
₹20,000 + International Bronze Medal + Certificate of Outstanding Performance |
At the school level, class toppers receive medals of excellence based on their rank.
Other award-related points include:
First-rank students receive a Gold Medal of Excellence.
Second-rank students receive a Silver Medal of Excellence.
Third-rank students receive a Bronze Medal of Excellence.
Students sharing the same class rank receive the applicable medal.
In case of an international-level tie, the applicable cash award is divided equally according to the specified rules.
Students receive a Question-wise Performance Analysis Report that provides detailed information about their performance.
The report includes:
Section A: Marks and ranks at Class, Zonal, and Olympiad levels.
Section B: Chapter-wise performance score.
Section C: Percentile score at Zone and international levels.
Section D: Percentage score comparison with Class, Zone, and international performance.
This report can help students understand their performance and identify areas requiring further improvement.
SilverZone categorises participating states and countries into different zones.
|
Zone |
Regions |
|
North Zone |
Delhi NCR, Haryana, Punjab, Himachal Pradesh, Uttarakhand, J&K, Ladakh, Chandigarh, Rajasthan, Uttar Pradesh |
|
West Zone |
Maharashtra, Goa, Gujarat, Daman & Diu, Dadara & Nagar Haveli, Madhya Pradesh |
|
East Zone |
West Bengal, Bihar, Jharkhand, Odisha, Assam, Arunachal Pradesh, Tripura, Sikkim, Meghalaya, Mizoram, Nagaland, Manipur, Chhattisgarh |
|
South Zone |
Tamil Nadu, Karnataka, Kerala, Telangana, Puducherry, Lakshadweep, Andhra Pradesh, Andaman & Nicobar |
|
International Zone |
All countries except India |
The zone categorisation is used for determining zone-level performance and toppers.
Students can use SilverZone ISCO sample papers to become familiar with the examination format and types of questions. The official page also provides preparation resources and Olympiad books.
For effective preparation, students should:
Complete the prescribed syllabus first.
Revise Accountancy, Business Studies, and Economics concepts.
Study the ICSI section carefully.
Practise sample papers.
Solve MCQs regularly.
Work on accuracy and time management.
Analyse mistakes after every practice test.
Use mock tests for self-evaluation.
The Olympiad preparation books include concept reviews, chapter summaries, MCQs, explanations, answer keys, and model tests.
The SilverZone ISCO provides Class 11 and 12 commerce students with an opportunity to test their knowledge through an objective examination covering Accountancy, Business Studies, Economics, and ICSI-related topics.
Students can use the syllabus, sample papers, and performance reports to prepare effectively and improve their performance. You can also explore PW Olympiad batches for preparation!
