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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 Reykjavík is the Capital city, capital and largest city in Iceland. It is located in southwestern Iceland on the southern shore of Faxaflói, the Faxaflói Bay. With a latitude of 64°08′ N, the city is List of northernmost items, the worl ...
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, with all students in the same form having the same timetable. Students are in school full-time from 8:15 to 15:40, Monday to 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 In Iceland, the ''Stúdentspróf'' () is an educational diploma that counts as a qualification for university matriculation. Students aiming to earn the Stúdentspróf generally take three years, and most students earn their Stúdentspróf at age ...
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, the students complete their
stúdentspróf In Iceland, the ''Stúdentspróf'' () is an educational diploma that counts as a qualification for university matriculation. Students aiming to earn the Stúdentspróf generally take three years, and most students earn their Stúdentspróf at age ...
. 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 Menntaskólinn í Reykjavík (MR; official name in English: Reykjavik College) is collegein Iceland. It is located in Reykjavík. The school traces its origin to 1056, when a school was established in Skálholt, and it remains one of the oldest ...
, 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

*
Björgólfur Thor Björgólfsson Björgólfur () may refer to: *Björgólfur Guðmundsson (1941–2025), Icelandic banker, shipping industry and football executive *Björgólfur Hideaki Takefusa (born 1980), Icelandic football forward of Japanese descent *Björgólfur Thor Björg ...
, businessman, Iceland's first billionaire (in USD). *
Áslaug Arna Sigurbjörnsdóttir Áslaug Arna Sigurbjörnsdóttir (born 30 November 1990) is an Icelandic lawyer and politician who has been a member of the Althing (Iceland's parliament) for the Reykjavík South constituency since 2016. She also served as the Secretary of the ...
, member of
parliament In modern politics and history, a parliament is a legislative body of government. Generally, a modern parliament has three functions: Representation (politics), representing the Election#Suffrage, electorate, making laws, and overseeing ...
and
minister of justice A justice ministry, ministry of justice, or department of justice, is a ministry or other government agency in charge of the administration of justice. The ministry or department is often headed by a minister of justice (minister for justice in a ...
. *
Björgólfur Guðmundsson Björgólfur Guðmundsson (2 January 1941 – 2 February 2025) was an Icelandic businessman and chairman and owner of West Ham United. Björgólfur was Iceland's second businessman to be worth more than a billion dollars — his son, Björgólf ...
, businessman, Iceland's second billionaire (in USD). *
Gísli Marteinn Baldursson Gísli Marteinn Baldursson (born 26 February 1972) is an Icelandic television host and a former politician. He is known for hosting the talk shows ''Laugardagskvöld með Gísla Marteini'' and ''Vikan með Gísla Marteini'' as well as the broad ...
, former politician and TV programmer. *
Halla Tómasdóttir Halla Tómasdóttir (; born 11 October 1968) is an Icelandic former businesswoman and politician serving as the seventh president of Iceland since 2024. She is Iceland's second female president, after Vigdís Finnbogadóttir. Halla was previousl ...
,
President of Iceland The president of Iceland () is the head of state of Iceland. The incumbent is Halla Tómasdóttir, who won the 2024 Icelandic presidential election, 2024 presidential election. The president is not involved in the running of the country, bu ...
. *
Selma Björnsdóttir Selma Björnsdóttir (born 13 June 1974), also known as Selma or Selma Björns, is an Icelandic actress and singer born in Reykjavík. She is well-known internationally for representing Iceland in the Eurovision Song Contest, Iceland in the ...
, singer and actress. *
Jóhanna Sigurðardóttir Jóhanna Sigurðardóttir (; born 4 October 1942) is an Icelandic politician, who served as prime minister of Iceland from 2009 to 2013. Elected as an MP from 1978 to 2013, she was appointed as Iceland's Minister of Social Affairs and Social ...
, former
Prime Minister of Iceland The prime minister of Iceland () is head of government of the Republic of Iceland. The prime minister is appointed formally by the president of Iceland, president and exercises executive authority along with the Cabinet of Iceland, cabinet subje ...
. *
Þorsteinn Pálsson Þorsteinn Pálsson (pronounced ; born 29 October 1947) is an Icelandic politician who served as prime minister of Iceland for the Independence Party from 8 July 1987 to 28 September 1988. Þorsteinn led the Independence Party from 1983 to 199 ...
, former
Prime Minister of Iceland The prime minister of Iceland () is head of government of the Republic of Iceland. The prime minister is appointed formally by the president of Iceland, president and exercises executive authority along with the Cabinet of Iceland, cabinet subje ...
. *
Jón Ásgeir Jóhannesson Jón Ásgeir Jóhannesson (born 27 January 1968 in Reykjavík) is an Icelandic businessman and former CEO of Baugur Group. Early career Jón Ásgeir's parents were Jóhannes Jónsson (1940–2013) and Ása Karen Ásgeirsdóttir (1942-), who bo ...
, businessman, co-founder of Bónus and former CEO of Baugur Group. *
Rán Ísold Eysteinsdóttir Rán Ísold Eysteinsdóttir (born 1995) is an Icelandic actress and model. She is known for her role as Dagný in the Icelandic TV-series '' Trapped''. Early life Rán is from Keflavík, Iceland and graduated from Verzlunarskóli Íslands in 2 ...
, an actress known for her role in the TV series Trapped.


References


External links


Verzló's official web site
{{Authority control Educational institutions established in 1905 Education in Reykjavík Gymnasiums in Iceland 1905 establishments in Iceland Buildings and structures in Reykjavík