The Commerce Department at Methodist Ladies' College is committed to implementing innovative teaching and learning strategies that focus on each student’s ability to understand how to navigate and make sense of our major financial, legal, economic and business institutions.

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Middle School


Commencing with a range of Middle School subjects that focus on developing financial literacy in students including Being a Global Economic Citizen, Going into Business, The Law and You and Financial Literacy for the Consumer, Commerce then moves to a full range of Senior School VCE offerings.

In these subjects, students are encouraged and empowered to develop the skills required to recognise and understand how key institutions integral to our society operate. By developing and maintaining direct contact with government and private businesses, students are equipped with the knowledge to assess and compare actual practices with contemporary theory, preparing them to become tomorrow’s decision makers.

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VCE

Business Management
Studying VCE Business Management enables students to  develop knowledge and skills that enhance their confidence and ability to participate effectively as socially responsible   and ethical members, managers and leaders of the business community, and become informed citizens, consumers and investors.

The study of Business Management leads to opportunities across all facets of the business and management field, such as small business owner, project manager, operations manager or executive manager. Students with an interest in areas such as marketing, public relations and event management are well catered for in Business Management.
Accounting
VCE Accounting focuses on the financial recording, reporting, analysis and the decision-making processes of a business. Students study both theoretical and practical aspects of accounting. Financial data will be collected, recorded, reported and analysed and accounting information reported, using both manual and information and communications technology methods.

Students will apply critical thinking skills to a range of business situations to model alternate outcomes and provide advice.
 
Economics
Economics examines the role of consumers, businesses, governments and other organisations in the decision making about the allocation of resources, the production of goods and services and the affect that these decisions may have on material and non-material living standards. Developing students’ understanding of economics will enable them to appreciate the reasons behind these decisions and the intended and unintended consequences.
Legal Studies
VCE Legal Studies investigates the ways in which the law and the legal system relate to and serve individuals and the community. It examines the processes of law-making, dispute resolution and the administration of justice in Australia. Students develop an understanding of the impact of the legal system on the lives of citizens, and the implications of legal decisions and outcomes on Australian society. The study provides students with an appreciation of how individuals can be involved in decision-making within the legal system, encouraging civic engagement and helping them to become more informed and active citizens.

Students develop an understanding of the complexity of the law and the legal system and the challenges faced by our law-makers and dispute resolution bodies.
Students develop an ability to identify, collect and process information as they apply legal reasoning and decision-making to contemporary cases and issues.
 
Computing
Available from 2018

VCE Computing focuses on the application of a problem-solving methodology, and strategies and techniques for managing information systems in a range of contexts, to create digital solutions that meet specific needs.

The study examines the attributes of each component of an information system including people, processes, data and digital systems (hardware, software, networks), and how their interrelationships affect the types and quality of digital solutions.
VET Business
VCE VET Business is a course designed to provide students with the knowledge and skills necessary to achieve those competencies which will enhance their employment prospects within the workforce.

VCE VET Business will develop the development of social and personal skills necessary for successful participation in the workforce. There is a strong emphasis on the use of technology, business theory and vocational skills. Students also undertake a period of practical work placement in order to enhance their skills and knowledge of office procedures within the working environment.
 
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IB

Economics
Economics is a dynamic social science,  the study of economics is essentially about dealing with scarcity, resource allocation and the methods and processes by which choices are made in the satisfaction of human wants. The IB Diploma Programme economics course emphasizes the economic theories of microeconomics, which deal with economic variables affecting individuals, firms and markets, and the economic theories of macroeconomics, which deal with economic variables affecting countries, governments and societies.

Students are encouraged to develop international perspectives, fosters a concern for global issues, and raises students’ awareness of their own responsibilities at a local, national and international level. They develop values and attitudes that will enable students to achieve a degree of personal commitment in trying to resolve these issues, appreciating our shared responsibility as citizens of an increasingly interdependent world.
 
Information Technology in a Global Society
Information Technology in a Global Society (ITGS) course is the study and evaluation of the impacts of information technology on individuals and society. It explores the advantages and disadvantages of the access and use of digitized information at the local and global level. ITGS provides a framework for the student to make informed judgments and decisions about the use of IT within social contexts.