“In the past couple of months, we have fought to avoid having to reduce our intake by as much as 10 percent as it will ultimately be very difficult to meet the needs of the business community, which employs almost 9 out of 10 CBS students,” says Acting CBS President Inger Askehave in the statement. She continues:

“We would like to help fulfil the ambitions of the agreement on access to quality education and skilled labour everywhere in the country, however, it also has to make sense. Talented social science graduates with an international outlook are sought after – 94 percent of our graduates have a job within the first year after graduation. So we are really pleased that the politicians have listened to our wish to not reduce our intake at Frederiksberg too drastically.”

As the regionalization agreement requires a number of universities to cut at least five percent of their study places, CBS’s intake must be trimmed by a further 0.3 percent points – or 20 study places.

The Senior Management promises not to shut down more education programs and will find the remaining study places within different existing education programs. CBS will also explore the possibility of partnerships with other educational institutions in the region of Zealand, for example Zealand – Academy of Technology and Business.