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The Commercial College of Iceland is a three-year senior high school/college for students 15 years+ who have completed the Icelandic elementary school (grades 1-10). The College serves the whole of Iceland and has a student population of about a thousand students. It is organized on the basis of a form system, all students in the same form having the same timetable.
There is a strong focus on practical business courses like accounting, economics and computer studies. These courses qualify students for the Commercial Diploma 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. Over three years they take a total of 207+ credits (comparable to ECTS credits) and matriculate with the Icelandic ‘Stúdentspróf‘ (matriculation exam) which is the standard prerequisite for university admission in Iceland. This qualification is accepted for admission to universities around the world.