SSS 3 Commerce Scheme of Work | 1st & 2nd Term

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SS3 Commerce Scheme of Work | 1st & 2nd Term

The SS3 Commerce Scheme of Work is designed to provide senior secondary students with a comprehensive understanding of business principles, financial management, and consumer protection. This curriculum prepares students for both exams and future careers by covering core topics such as business management, economic environments, business law, and marketing. 

By engaging with practical aspects like business documentation and financial calculations, you develop essential skills for analyzing and participating in commercial activities. 

This guide offers an overview of each topic, along with recommended textbooks to support in-depth learning, helping you build a solid foundation for professional success in the world of commerce.

Read on for more.

SS3 Commerce Scheme of Work for First Term

Week 1: Introduction to Business Management 

  • Key Concepts: Meaning, objectives, and functions of business management.
  • Resources & Responsibility: Identify business resources and explore the social responsibilities of businesses.

Week 2: Business and Its Environment 

  • Community Engagement: Examine businesses’ role in community development and organizational structure basics.
  • Principles of Management: Explore manpower principles and the delegation of authority.

Week 3: Structure of Business 

  • Authority and Accountability: Understand interand intra-departmental communication.
  • Government Influence: Learn about government policies, commercialization, and privatization, including their benefits and drawbacks.

Week 4: Capital 

  • Defining Capital: Differentiate capital types and understand the significance of working capital.
  • Credit Management: Identify types of credit and their sources for business sustainability.

Week 5: Profit 

  • Types of Profit: Define gross and net profit and learn how to calculate them.
  • Practical Calculations: Apply business math for profit analysis and turnover ratios.

Week 6: Turnover Analysis 

  • Understanding Turnover: Calculate turnover rates and analyze turnover variations across business types.
  • Profit Ratios: Relate gross profit to turnover for a more comprehensive financial perspective.

Week 7: Business Law 

  • Branches of Law: Overview of commercial law, including sales, contracts, and employer-employee relations.
  • Contract Fundamentals: Types of contracts, termination, and discharge processes.

Week 8: Marketing 

  • Definition and Significance: Understand marketing roles and functions.
  • Market Strategy: Study product classification and pricing strategies for effective marketing.

Week 9: Consumer Protection 

  • Consumer Rights: Learn about consumer rights, protection agencies, and legal frameworks like SON and NAFDAC.
  • Legislation Overview: Overview of consumer protection laws and agencies.

Weeks 10-13: Revision, Examination, and Closure

SS3 Commerce Scheme of Work for Second Term

Week 1: Business Documents 

  • Document Essentials: Study key business documents like invoices, receipts, and consignment notes used in commercial transactions.
  • Practical Application: Practice using these documents effectively in real-world scenarios.

Weeks 2-3: Commercialization and Privatization 

  • Concept Understanding: Differentiate between commercialization and privatization, their benefits, and community impact.
  • Comparison: Explore reasons and outcomes of privatization for government-run businesses.

Week 4: Deregulation 

  • Principles of Deregulation: Understand the effects of deregulation on business operations.
  • Advantages and Disadvantages: Weigh the pros and cons for various sectors.

Week 5: Nigerian Capital Market History 

  • Historical Development: Track the evolution of the Nigerian capital market, from the 1946 Development Loan Stock to the 1999 Investment and Securities Act.
  • Policy Impact: Understand how these developments influence today’s capital markets.

Week 6: Stock Exchange Fundamentals 

  • Market Operations: Study stock exchange functions, importance, and organizational setup.
  • Securities Knowledge: Identify instruments and securities traded in the capital market.

Week 7: Financial Services Regulatory Committee (FSRCC) 

  • Role of FSRCC: Overview of regulatory functions to maintain orderly markets.
  • Practical Learning: Watch video clips to see live stock exchange activities.

Week 8: Second Tier Securities Market (SSM) 

  • Benefits to Companies: Learn the advantages of SSM for company expansion and investor engagement.
  • Market Differences: Differentiate between primary and secondary markets.

Week 9: Economic Grouping in West Africa 

  • Regional Organizations: Study ECOWAS, NBC, and other economic groups, their goals, and achievements.
  • Challenges: Assess the obstacles faced by these regional bodies in economic integration.

Weeks 10-13: Revision, Examination, and Closure

Overview of SSS 3 Commerce Scheme of Work

This SS3 Commerce curriculum is structured to provide an in-depth understanding of business fundamentals, management principles, consumer protection, and financial market dynamics. 

Designed for you as a student preparing for exams and future business endeavors, this scheme focuses on both theoretical and practical aspects of commerce. 

Key topics include business management, economic environment analysis, capital structure, marketing, and business law, ensuring a well-rounded grasp of commerce concepts.

Recommended Textbooks for SS3 Commerce

  • Comprehensive Commerce for Senior Secondary Schools by J. U. Anyaele

Covers core topics such as business environment, organizational structure, and consumer protection.

  • Essential Commerce for Senior Secondary Schools by O. A. Longe

Offers comprehensive explanations on marketing, business law, and capital markets, along with practice questions.

  • Understanding Commerce”by M. S. Omotayo

Focuses on practical aspects of business operations, management functions, and financial documentation.

  • Senior Secondary Commerce”by A. A. Ekpenyong 

Offers you detailed insight into business management, structure, and financial calculations, tailored to SS3 curriculum needs.

  • Commerce Made Easy for Senior Secondary Schools”by I. C. Okoli

Simplifies complex commerce topics and provides practical examples of business law, privatization, and marketing.

Recap

Develop your commerce expertise throughout this curriculum, gaining essential skills in business management, marketing, financial calculations, and consumer protection. 

Enhance your exam readiness and real-world applicability with this scheme of work, which prepares you for potential careers in business and finance. 

Explore business operations and regulatory environments in both local and global contexts through this comprehensive curriculum.

DISCLAIMER: Everything on this page is based on our research of what is obtainable for schools in all the states in the country, including government and some private schools. Schemes of work normally undergo a series of reviews and some schools modify them to suit their specific needs. 

While we do all our possible best to keep up with the latest and approved schemes of work in the country, check the specific template your school uses. For example, some private secondary schools integrate the British curriculum. If you teach in such schools, expect to see slight changes to what we offer on this page. If you have any questions or require personalized support, kindly feel free to contact us

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