Humming Bird Commerce Competency Olympiad (HCC) is designed for students of class XI and XII across CBSE/ICSE/State Board or any other recognized Board in India.
Students have to follow their relevant class syllabus to prepare for the exam.
Questions in the Exams will be asked based on Commerce especially in Accountancy, Economics and Business Studies.
HCC consists of multiple-choice questions in which the students have to choose the correct option out of four choices. There is no negative marking for wrong answers or for leaving a question unanswered.
There are 40 subject-based questions and 20 intelligence-based questions designed to test the student's higher-order thinking skills with a total time of 60 mins.
Humming bird Olympiad is an international exam also abbreviated as HBTSE Olympiad. It is meant for students of class’s I-XII and helps them in searching for their talents. The paper consists of questions from Mathematics, Science, and reasoning. There are two levels of this examination. One is at the National level and the other one is the International level. It has recently started taking place at the district levels along with the addition of subjects in it, for instance, it recently added Hindi in its examination.
Humming Bird Education Ltd. is the world’s only Olympiad organization listed on Bombay Stock Exchange with CIN No. U80221DL2010PLC207436 thus making us the biggest Third Party Evaluators for students & teachers.
Humming Bird has served millions of students all across the globe from more than 10000 schools in 11 countries in last 10 years. For the same, our organization has been appreciated by the Media all over the world, prominent celebrities & politicians and renowned educators. We also have been awarded with ‘Asia’s Greatest Leaders’ & ‘Asia’s Greatest Brands’ pr by ‘PRICE WATER HOUSE COOPERS P. L.’
The main objective of Humming Bird Education Ltd, is to motivate the students to understand the in-depth knowledge of the subject as well as to enhance their factual, conceptual, reasoning, logical, analytical & problem solving skills. This helps the students to realize their true intellectual potential.
The Humming Bird International Olympiads are based on IQ (Intelligence) and also covers EQ (Emotional), SQ (Spiritual), CQ (Creativity), AQ (Adversity), FQ (Financial) and HQ (Happiness). We believe in overall development of students and henceforth serve them with perfectly crafted Olympiads.
The Goal of the organisation is to help fulfil academic goals of the students by instilling life skills & scholastic skills in them so that they excel at every level in their life. Every child is talented, Humming Bird helps them realize their true intellectual potential through the National/ International Level Olympiads.
The Company was originally incorporated on August 23, 2010 as a private limited Company under the name and style of “Humming Bird Education Private Limited” under the provisions of Companies Act, 1956 with the Registrar of Companies, NCT of Delhi & Haryana vide registration no. 207436. Pursuant to shareholders resolution passed at Extra Ordinary General Meeting held on September 22, 2018, our Company was converted into a Public Limited Company and the name of the Company was changed to Humming Bird Education Limited vide a fresh Certificate of Incorporation dated October 10, 2018 issued by Registrar of Companies, NCT of Delhi & Haryana.
The Company is established by Mr. Nitesh Jain, Founder and Promoter, has served thousands of schools encompassing lakhs of students with the Olympiad examinations.
The Company has been awarded with “Asia’s Greatest Brands of Year 2017-18” by “Price Water House Coopers P.L.” and our promoter Mr. Nitesh Jain has been awarded with Asia’s Greatest Leaders of Year 2017-18”.
An International Level Olympiad is a rigorous competitive examination where students are evaluated on a scientifically constructed syllabus and their academic performance is ranked relative to their peer group. Humming Bird’s examinations use a multifaceted approach in judging students on their in-depth knowledge of the subjects as well as on enhance their factual, conceptual, reasoning, logical, analytical and problem solving skills, helping them better understand their strengths and weaknesses further enabling them to convert their Olympiad results into superior scholastic gains and realize their true intellectual potential. As an added advantage this has also given an opportunity for schools to analyse the performance and prowess of their teachers with the help of deep insight provided by our Olympiads.
As all the orders are received in advance, it allowed our company to streamline our cash flows and we have been able to function with minimal working capital. We follow a philosophy of being asset light so to remain flexible and nimble in our competitive atmosphere and have outsourced a majority of our noncore auxiliary operations allowing us to function without considerable investment in a fixed asset base, giving our company enormous operating leverage when scaling operations.
As they are asset light and centrally managed, We have a vast franchisee network which has allowed us to spread our reach to intercontinental boundaries with a fast growing international base. Acting as our extension in branding and customer acquisition our franchisees enjoy a respectable business model with comfortable working hours and territorial rights, strengthening our association with all with them. All our franchises have met their breakeven and are already profitable while increasing Humming Bird brand and footprint in their territories. With franchisees in India and abroad, we are now focusing on increasing our franchisee penetration up to district levels.
Currently with only a 5% of the total Olympiad market is catered by the entire industry. With gaining popularity and with Olympiad being seen as a necessary supplement to in-house scholastic examinations, Humming Bird has entrenched itself in a moat as the preferred partner for reputable schools. Being the only incorporated organisation and working as a model of professionalism and reliability, our company has constantly gained market share from our competitors, while trailblazing into greenfield regions with our first ever in industry initiative of conducting Olympiads in regional languages, supporting state boards and their students.
Leading the management our Promoter Mr. Nitesh Jain is behind the tremendous progress achieved by our Company. With all the experience and knowledge of our professional managerial team, we are able to grow in leaps and bounds. The strength of our company is converting any situation into an opportunity thus moving forward with a better energy and enthusiasm. Our foundation – “Don’t watch the clock, do what it does”.
For the Fiscal years ended on March 31, 2018, March 31, 2017, and March 31, 2016 our gross revenues stood at Rs. 117.09 Lakhs, Rs. 93.70 Lakhs and Rs. 51.56 Lakhs respectively. Further, our PAT for the Fiscal years ended on March 31, 2018, March 31, 2017, and March 31, 2016 stood at Rs. 10.57 Lakhs, Rs. 4.46 Lakhs and Rs. 0.78 Lakhs respectively.
HCC Olympiad Exam is conducted for the following classes.