EHF Business & International Finance Olympiad (BIFO) Offline
₹50,000 Cash Prize
A national Olympiad by EduHeal Foundation & BSE Institute promoting financial literacy for students of classes 9-12, with national recognition and prizes.
Mode
In-Person
Fee
₹125
Participation format
Individual
Duration
The Level 1 exam is 60 minutes long.
Time needed
60-minute Level 1 exam; 30-minute Level 2 for qualifiers
Eligibility
Grades: 9-12 | Boards: CBSE, ICSE, State Boards, NIOS | Location: Open to all students across India. No specific stream is required, but an interest in finance, business, and economics is recommended.
- Grade level
- Grade 9 to 12
- Age range
- 14 to 18 years
- Eligibility region
- Available nationwide across India
- Academic requirement
- Students from CBSE, ICSE, State Boards, or any other recognized board are eligible to apply.
- Prerequisites
- Interest in economics, entrepreneurship, accountancy, and business studies is recommended.
See if your child qualifies.
Rewards and recognition
Award
₹50,000 Cash Prize
Top national-level performers are eligible for cash prizes, with the first prize being up to ₹50,000.
Prizes
Medals for Toppers
Gold, silver, and bronze medals are awarded to students who achieve top ranks at the school, state, and national levels.
Certificate
Certificate from EHF & BSE Institute
All participants receive a certificate of participation co-branded by the EduHeal Foundation and the BSE Institute. Toppers receive a merit certificate, which adds significant value to their academic profiles for college admissions.
Recognized by
Opens doors to
Participation and achievements in this national-level Olympiad are a significant value-add to student profiles for university admissions, particularly for commerce, finance, and business courses.
Career pathways
Top performers get a unique opportunity to visit the iconic BSE building in Mumbai for the grand finale, providing invaluable exposure to the financial world and networking opportunities.
Recognition
National Level Recognition
Skills your child builds
Key dates
Last edition
- Registration closed
- 31 Aug 2025
- Competition
- 31 Oct 2025 to 23 Jan 2026
- Results
- 15 May 2026
How to apply
- 1Students can register through their respective schools.
- 2Schools receive registration forms from the EduHeal Foundation.
- 3Online registration is also available on the EHF portal for schools.
Rules and guidelines
- The competition is conducted in three levels.
- Level 1 is a pen-paper OMR based or online exam.
- There is no negative marking for incorrect answers.
- In case of a tie, preference is given to scores in subject questions, followed by General IQ, and then interactive questions.
- Use of calculators or any electronic devices is not permitted during the exam.
- The competition consists of three levels: school-level, national online, and a final on-site quiz.
- Level 1 exam is a 60-minute test with multiple-choice questions and no negative marking.
Technology requirements
- A stable internet connection and a computer are required for online exams (Level 2 and optional Level 1).
Fees and financial support
Fee details
The registration fee is ₹125 per student. Schools are permitted to charge an additional ₹25 per student for administrative expenses. No fees are charged for Level 2 and Level 3 of the competition.
Refund policy
Registration fees are non-refundable.
About this opportunity
The Business & International Finance Olympiad (BIFO) is a premier national competition organized by the EduHeal Foundation (EHF) in collaboration with the BSE Institute. It is designed to identify and nurture young talent in finance, economics, and business, promoting financial literacy among school students across India.
This Olympiad is open to students from classes 9 to 12, following any recognized educational board. The competition unfolds in three stages, starting with a school-level exam, followed by a national online test, and culminating in a grand finale quiz for top performers at the iconic BSE building in Mumbai, offering a unique real-world experience.
Exam format
- Total marks
- 60
- Duration
- 60 minutes
- Format
- Multiple Choice Questions (MCQ)
- Language
- English
Rounds and format
Level 1 is a school-level exam. Level 2 is a national-level online exam for qualified students. Level 3 is the final on-site quiz round for the top 48 national performers at the BSE, Mumbai.
How entries are judged
Selection is based on the marks obtained in the multiple-choice question exam. In case of a tie, scores in different sections (Subject, General IQ, Interactive) are considered in that order.
Selection process
Approximately the top 15% of students from Level 1 qualify for Level 2. School toppers with a minimum of 40% marks are also eligible for Level 2. The top 48 students from Level 2 are invited for the Level 3 final quiz.
How to prepare
- Syllabus guidelines and sample question papers are available on the EHF website.
- EHF provides preparatory workbooks and e-books for purchase.
Academic details
Difficulty: Mixed Levels
What's covered
The syllabus is based on the CBSE, ICSE, and State Board curricula for classes 9-12. It covers topics in financial literacy, general economics, business studies, accountancy, and entrepreneurship, along with questions on general knowledge and aptitude.
Frequently asked questions
What are the key topics covered in the BIFO competition?
The BIFO competition covers financial literacy, general economics, and aptitude, aligning with CBSE, ICSE, and State Board curricula for classes 9-12.
How can students effectively prepare for the BIFO competition?
Students can prepare by studying the syllabus guidelines, practicing with sample papers, and purchasing preparatory workbooks and e-books from the EHF website.
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