FAQs

Question:  What is an individual team name?
Answer: An individual team name is required when all team members and the sponsor of the team decides to use a different name than their organization’s name to participate in the competition. This is particularly to facilitate the teams whose members belong to more than one organization or the sponsor belongs to a different organization than the team members. In any case, it is the decision of the team and their sponsor to use any of the member’s or sponsor’s organization name with mutual consent or to use an entirely different name other than their organization’s name. The individual team name, agreed by all team members and sponsor, should be a professional and decent name of one or two words e.g. Brainiacs.

Question:  Is it mandatory for all team members to be from the same organization? Can a group of friends participate as a team on their own?
Answer: Individuals from different organizations are welcome to apply as a separate team with a professionally acceptable team name.

Question:  Are firm’s employees eligible to participate?
Answer:Yes, the employees of firms are eligible.

Question:  When is the result of qualifying round expected to be announced?
Answer:The Result of Qualifying Round will be announced on the same day.

Question:  Is the fee nonrefundable?
Answer:  Yes, the fee is nonrefundable. However, if the team does not appear in the Qualifying Round, then they can request for a refund.

Question:  Will there be any knowledge refresher session?
Answer: No, there will not be a knowledge refresher session. However, the curriculum and sample questions for the qualifying round are made available on ICAP NFO website for ease in preparation for all participants.

Question:  Where can I find detailed information about the NFO?
Answer: Please refer brochure for program information and registration form overleaf for ground rules. For curriculum and sample questions details, you may visit our website https://www.icap.org.pk/nfo/. If you require any further information, please feel free to drop us an email at financeolympiad@icap.org.pk

Question:  What events are included in this Olympiad?
Answer: The Olympiad is divided into three Rounds, The Qualifying Round, Assessment & Simulation Round and the Grand Finale. The Qualifying Round will be MCQ-based examination to be held at ICAP premises for teams participating from within Pakistan. The Assessment & Simulation Round is a computer-based simulation a group activity. The Grand Finale will have three rounds that will lead to the discovery of the National Finance Champion 2023.

Question:  Where will NFO be held? Please specify locations.
Answer: The Qualifying round and Assessment & Simulation Round will be held in-person or online depending on Covid situation. Grand Finale will be held in Karachi. All registered teams will be informed about this well before time.

Question:  How to register for the NFO 2023?
Answer: Registrations will open soon! You can submit the online form to register for the Competition.

Question: How to pay for the NFO 2023?
Answer: The registration fee can be paid online by visiting this link, https://icap.org.pk/nfo/payment.php