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.

Verzló was founded in 1905 by the Store and Office Workers' Union and the Retailers' Association in Reykjavik.

The original objective was to give young people the opportunity of a basic commercial education.

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.