FREQUENTLY ASKED QUESTIONS
Have Questions? Find Your Answers.
Find answers to frequently asked questions about the Cyprus Economics and Finance Olympiad (CEFO), including participation, registration, examinations, preparation and the National Team.
FAQs for Students
Yes, if you're a Lyceum student at a public, private or technical school in Cyprus and will be under 20 on 30 June 2027. Any academic orientation is welcome.
No. Phase 1 gives you all the information you need in each question and tests how well you reason with it.
Registration runs from [date] to [date], and the Phase 1 exam is on [date].
Fill in the online form, pay the €10 fee (or claim an exemption) and wait for your confirmation email.
€10 per student. Students from families with three or more children and from households receiving the minimum guaranteed income don't pay.
Reasoning in ten economics and finance theme areas, from prices and markets to saving and investment.
Read the themes, follow economic news and practise timed questions.
At the Cyprus University of Technology in Limassol. Your room and time are emailed about a week before.
Your identity card, pens and a simple calculator. Phones, smartwatches and any electronic communication devices are strictly prohibited.
Phase 1 is in Greek and English. The international Olympiad is in English.
The top 20 from Phase 1 go to the Bootcamp, the top 10 go to the National Final. The five students with the highest overall scores after completing all phases form the National Team.
You train with CUT faculty, you receive national recognition, a medal, and represent Cyprus at the International Economics Olympiad 2027.
Cyprus's participation is primarily remote. In-person participation may be arranged if adequate funding is secured through sponsors and institutional supporters.
FAQs for Teachers
Students may register individually, or a teacher/school representative may register students on their behalf.
There is no limit per school.
Phase 1 tests reasoning. Use the sample questions, news discussions and the ten theme areas.
The organising committee at fams.helpdesk@cut.ac.cy or +357 25 245094.
Still Have Questions?
Contact the organising committee at the Department of Finance, Accounting and Management Science, Cyprus University of Technology.
