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BSE International Finance Olympiad [BIFO] 2020 | Levels, Details, Reference Materials

BSE International Finance Olympiad [BIFO]

BSE International Finance Olympiad [BIFO]: The BSE International Finance Olympiad(BIFO) 2020 is a joint initiative between the Bombay Stock Exchange (BSE) and the EduHeal Foundation to promote learning, application, advancement, and discovery of the commercial and financial world.

The BSE International Finance Olympiad(BIFO) 2020 exam is designed for students from class IX, X, XI and XII of any school in India to discover, learn, explore, and become familiar with the need and art of managing money through analytical and problem-solving skills.

Get to Know More about other types of Silverzone Olympiads and their details from here.

Schools play a vital role through the introduction of creative and new ideas as a part of the BSE International Finance Olympiad(BIFO) 2020 campaign and assist students in developing skills that will be essential to their career and future endeavours.

BSE International Finance Olympiad 2020

The EduHeal Foundation conducts the BSE International Finance Olympiad(BIFO) 2020 annual examination to create awareness as well as to encourage students to learn, explore, and discover more about the financial world.

The BSE International Finance Olympiad(BIFO) 2020 exam paper comprises 50 percent of the questions from general economics, aptitude, and financial literacy, while the remaining 50 percent revolves around other subjects of study.

The BSE International Finance Olympiad(BIFO) 2020 is conducted for students from classes IX, X, XI, and XII who belong to the ICSE, CBSE, NIOS, or State Boards across India.

BSE International Finance Olympiad(BIFO) 2020 Highlights
Full Exam Name BSE International Finance Olympiad(BIFO)
Conducting Body EduHeal Foundation
Frequency of conduction Annual
Last Date for Registration August 2020
Date of exam July 2020, to January 2021

Note: Schools have to set the date of examination within this period, to conduct the BIFO exam.

Date of Result Declaration February 2021
Mode of Exam Online mode
Languages English
Exam Duration Sixty-minutes
Exam-level State, National, Finals

BSE International Finance Olympiad 2020 Levels

The BSE International Finance Olympiad(BIFO) 2020 examination is a three-level annual exam conducted for students from IX to XII.

The school charges a nominal fee amount of Rs 125 (USD 9). The school also sets an additional amount of Rs.25 (USD 1) for its expenses towards the conduction of the BIFO exam.

Details regarding the BSE International Finance Olympiad(BIFO) 2020 examination is provided in the Registration forms forwarded to schools across India.

Level 1: City or State

The school organises the level one of the BSE International Finance Olympiad(BIFO) 2020 examination. The nomination form is enclosed along with the prospectus, and each participating school is required to nominate three deserving aspirants each from classes IX to XII.

The school is eligible to conduct an intro-level school quiz to facilitate the selection of students. Sample quiz questions are enclosed.

Level-2: National 

The second-level of the BIFO exam is scheduled in the first week of January 2021. Students who top the level one of the BSE International Finance Olympiad(BIFO) 2020 examination is selected for the second level BIFO exam.

The second-level of the BSE International Finance Olympiad(BIFO) 2020 examination is an online mode of exam organised by the EduHeal Foundation at various online centres across India.

For the level-two of the BIFO exam, the mode of examination is a computer-based exam at the conducting school. Schools must ensure that there are enough computers with a stable internet connection. Each participating student will receive a unique question paper which comprises 50 percent on general economics, aptitude, and financial literacy. The remaining 50 percent of the question paper is from the other subjects at study.

The syllabus for the second-level exam is based on the CBSE, ICSE, State Boards and NCF (National Curriculum Framework).

Level-3: Quiz Finals

The third-level Quiz Finals of the BSE International Finance Olympiad (BIFO) 2020 examination invites only 48 merit students across India, held in January 2021.

Upon completion, only the top three students from the lot will emerge as national winners of the BSE International Finance Olympiad(BIFO) 2020 examination and will receive certificates and awards.

Awards

The top three rank holders or winners from each class division of IX to XII, each one of the nine zones, will receive a cash award of Rs. 12,000, Rs. 10,000, and Rs. 8,000, respectively, along with a medal and certificate.

Those students participating in the BSE International Finance Olympiad(BIFO) 2020 will receive Rs. 8,000 to Rs. 12,000, respectively, based on rank and will receive a certificate along with the to and fro travel fare.

EduHeal BSE International Finance Olympiad 2020 Details

Given below are the details regarding the BSE International Finance Olympiad(BIFO) 2020 examination:

BSE International Finance Olympiad(BIFO) Process Details
BSE International Finance Olympiad(BIFO) 2020 Examination Registration Form
  • The registration form will be sent to the school, the responsible conducting body, for interested candidates as no individual registrations are encouraged.
  • The students must submit the Registration form on or before August 2020.
  • The Registration Form must be filled and presented under the guidance of parents and school authorities.
BSE International Finance Olympiad(BIFO) 2020 Examination Admit Card
  • The BSE International Finance Olympiad (BIFO) 2020 admit card upon successful completion of the registration process.
  • The Admit Card will be available on the official website for students to download and hold a hard copy.
BSE International Finance Olympiad(BIFO) 2020 Examination Syllabus
  • The BSE International Finance Olympiad (BIFO) 2020 exam is conducted for students from IX to XII.
  • The BSE International Finance Olympiad(BIFO) 2020 examination syllabus provides class-wise break-ups of the exam curriculum.
  • Students can download the BIFO curriculum for reference.
BSE International Finance Olympiad(BIFO) 2020 Examination Sample Papers
  • The BSE International Finance Olympiad (BIFO) 2020 examination sample papers give a class-wise break-up of BIFO solved sample papers to impart aspirants about the structure and type of questions asked in the BSE International Finance Olympiad (BIFO) 2020 examination.
  • Through the practice of the sample papers, students receive a hand on analysis of the subject-specific documents.
BSE International Finance Olympiad(BIFO) 2020 Examination Results
  • The  BSE International Finance Olympiad (BIFO) 2020 examination results will be declared by the end of February or March 2021 (tentative dates).
  • The results for the  BSE International Finance Olympiad (BIFO) 2020 examination are enlisted on the official EduHeal Foundation website, and the list will be forwarded to all the participating schools across the country.
  • Students can check the  BSE International Finance Olympiad (BIFO) 2020 examination results by entering the credentials ( school code-class-section-roll number).
  • Students can hold a hard copy of the BIFO exam result from the official website for future reference.

BSE International Finance Olympiad Reference Materials

The official EduHeal website has posted various reference materials and books on the official website for students appearing from IX to XII. The reference books for BSE International Finance Olympiad (BIFO) is as follows:

FAQ’s on BSE International Finance Olympiad [BIFO]

Question 1.
When will the BSE International Finance Olympiad (BIFO) 2020 examination be conducted?

Answer:
The BSE International Finance Olympiad (BIFO) 2020 examination is to be conducted by the participating school anytime between July 2020, to January 2021.

Question 2.
What is the registration process for the BSE International Finance Olympiad (BIFO) 2020 examination?

Answer:
The registration form for the BSE International Finance Olympiad (BIFO) 2020 will be sent to the school, the responsible conducting body, for interested candidates as no individual registrations are encouraged. The students must submit the Registration form on or before August 2020. The Registration Form must be filled and presented under the guidance of parents and school authorities.

Question 3.
What happens in the first level of the BSE International Finance Olympiad (BIFO) 2020 examination?

Answer:
The school organises the level one of the BSE International Finance Olympiad (BIFO) 2020 examination. The nomination form is enclosed along with the prospectus, and each participating school is required to nominate three deserving aspirants each from classes IX to XII.

The school is eligible to conduct an intro-level school quiz to facilitate the selection of students. Sample quiz questions are enclosed.

Question 4.
What are the different reference materials to refer to the BSE International Finance Olympiad (BIFO) 2020 examination?

Answer:
The official EduHeal website has posted various reference materials and books on the official website for students appearing from IX to XII. The reference books for BSE International Finance Olympiad (BIFO) is as follows:

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