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Verzlunarskóli Íslands, usually referred to as Verzló (official name in English: Commercial College of Iceland) is an Icelandic gymnasium. It was founded in 1905 and is the oldest private school in Iceland. The school is located in Reykjavík and has more than 900 students. The gymnasium serves the whole of Iceland and has a student population of just below one thousand. It is organized on the basis of a form system, all students in the same form having the same timetable. Students are in school full-time from 8:15 – 15:40, Monday - Friday. The school year consists of two semesters, fall and spring. Each semester students take a full-time load of courses worth five or six credits each. Over three years, they take a total of 140+ credits and matriculate with an Icelandic stúdentspróf which is the standard prerequisite for university admission in Iceland. This qualification is also accepted for admission to universities around the world. In their first year all students follow a common curriculum. They then opt to specialise in one of four streams: business, science, social science and languages or arts. However, in all streams during the first two years there is a strong focus on practical business courses like accounting, economics and computer studies. These courses qualify students for the Commercial Diploma (‘Verzlunarpróf') at the end of their second year. In terms of the students' age and academic standard, the Commercial Diploma corresponds roughly to A-levels in the United Kingdom and the High School Diploma in the United States. During the remaining two years of their three-year programme, students complete their stúdentspróf. These two years could be considered comparable to two years of study at an academic college, for example equivalent to two years of university- level foundation courses in an American junior college.


History

Verzló was founded in 1905 by the Store and Office Workers' Union and the Retailers' Association in Reykjavik. Since 1922 it has operated under the aegis of the Iceland Chamber of Commerce. The original objective was to give young people the opportunity of a basic commercial education. The school has steadily grown and developed since its inception. In 1996 the course offering was revised, leading to a reorganization of the streaming system and an increase in the number of courses offered. The revised streaming system was implemented in the fall of 1997. Verzló is a non-profit organization operating under Charter No. 272/ 15 June 1993. According to this charter the main objectives of the college are to promote the competitiveness of Icelandic industry, both internally and internationally, by providing and furthering education in general and business education at secondary and tertiary levels in particular.


Events

One day in October each year, the students of Verzló and its rival school, Menntaskólinn í Reykjavík meet in the Hljómskálagarður park in down-town Reykjavík, where various games and competitions are held. These include: sprinting, soccer, rowing, giant-chess (later replaced with ordinary chess), screaming, tug-o-war, competitive eating, arm wrestling, car stuffing and Mexican-run. The night of that day, a debating competition between the two schools is held.


Notable alumni

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Björgólfur Thor Björgólfsson Björgólfur Thor Björgólfsson (born 19 March 1967), known internationally as Thor Bjorgolfsson, and colloquially in Iceland as Bjöggi, is an Icelandic businessman and entrepreneur. He is also chairman and founder of Novator Partners. Björg ...
, businessman, Iceland's first billionaire (in USD). *
Áslaug Arna Sigurbjörnsdóttir Áslaug Arna Sigurbjörnsdóttir (born 30 November 1990) is an Icelandic politician who is a member of the Althing (Iceland's parliament) for the Reykjavík South constituency since 2016. She also served as the Secretary of the Independence Part ...
, member of parliament and minister of justice. *
Björgólfur Guðmundsson Björgólfur Guðmundsson (born 2 January 1941) is an Icelandic businessman and former chairman and owner of West Ham United. Björgólfur was Iceland's second wealthiest businessman worth more than a billion dollars — his son, Björgólfur T ...
, businessman, Iceland's second billionaire (in USD). * Gísli Marteinn Baldursson, former politician and TV programmer. * Selma Björnsdóttir, singer and actress. * Jóhanna Sigurðardóttir, former PM of Iceland. *
Þorsteinn Pálsson Þorsteinn Pálsson (pronounced ; born 29 October 1947) served as prime minister of Iceland for the Independence Party (Iceland), Independence Party from 1987 to 1988.Reuters. "PM resigns over Iceland's economy crisis." Toronto Star. 18 Septembe ...
, former PM of Iceland. * Jón Ásgeir Jóhannesson, businessman, cofounder of Bónus and former CEO of Baugur Group. * Rán Ísold Eysteinsdóttir, actress known with her role in the TV series Trapped.


References


External links


Verzló's official web site
{{DEFAULTSORT:Commercial College of Iceland Educational institutions established in 1905 Education in Reykjavík Gymnasiums in Iceland 1905 establishments in Iceland Buildings and structures in Reykjavík