L1 Commerce and Business Management

Commerce is a foundational subject that prepares ākonga for further specialised secondary school study. At NCEA Levels 2 and 3, Commerce branches into Accounting,  Business Studies, and Economics. Studying Commerce will provide ākonga with a broad financial knowledge base to draw from in a variety of roles and organisations in the future.

Understanding financial viability and decision-making processes are essential for operating small businesses. This is equally true of both the continued operations of established businesses and the founding of new ventures. Beyond the operation of businesses, ākonga will have opportunities to develop deeper connections with personal financial capability, and a greater understanding of the financial concepts they encounter in their daily lives.

Exploring the role of pūtake in business operations will have ākonga weigh financial information against social and cultural factors. This experience with complex problem-solving can be applied in fields such as governance, community organisation, and project management.

This course (combining Business Management and Accounting) is a good starting point for students wanting to pursue a career in Business, Accounting, and other areas of Commerce as well as for students wanting to gain business knowledge to better equip themselves when they enter the business world. 

As part of this subject students will operate a small business at a Market Day. 

This course will be assessed to a selection of L1 Commerce Achievement Standards. Assessment is a combination of both internally and externally assessed standards.