Independent University Newspaper
Copenhagen Business School

Popular searches:

Independent University Newspaper

Copenhagen Business School

Approved national budget abolishes budget cuts worth DKK 50–60 million at CBS

Dalgas Have (Photo: Mette Koors)

The so-called temporary rise in taximeter funding for the humanities and social sciences is continuing for another three years. This means that CBS will avoid losing DKK 50–60 million a year. What's more, the education cap will be discontinued from the summer of 2020.

News |   04. Dec 2019

Anne Thora Lykkegaard


The Danish government and its supporting parties have agreed on a national budget for 2020 that both restores the opportunity to take several educations as well as stopping planned cutbacks on the universities’ economies.

For example, the so-called temporary rise in taximeter funding for humanities and social sciences will continue for an additional three years. Every year since 2010, CBS has received an extra DKK 50–60 million in education funding due to the temporary rise in taximeter funding. Money that, according to University Director of CBS Kirsten Winther Jørgensen, is invested in developing and upgrading teaching methods as well as giving students a sufficient amount of lessons etc.

Without the extra taximeter funding, CBS would lose about 10 percent of its overall education funding.

Also, the annual two percent reduction that the eight Danish universities have had to incorporate into their budgets since 2016 will stop in 2020.

“I’m proud to be part of a government that, instead of cutting back on education, the most precious welfare we have in this country, has decided to invest even more in future generations. We are going to roll back the previous government’s cutbacks, and with this national budget, invest in the 60,000 students in humanities and social sciences. Fields that are important for the green transition and for developing our society,” says Ane Halsboe-Jørgensen, the Minister for Higher Education and Science in the press release.

Another hot topic during this year’s negotiations of the national budget was the education cap. Since 2017, students at the Danish universities have been barred from enrolling for second bachelor’s degree programs until a minimum of six years had elapsed. As described in several Danish media, this has resulted in enormous pressure to choose the right education from the very beginning.“The education cap has been a major concern for the students and has created uncertainty. It has resulted in even greater pressure on the students. We find this unacceptable, which is why we have chosen to stop it completely,” says Ane Halsboe-Jørgensen in the press release.

You can read more about the consequences of the national budget in the educational sector at the ministry’s website. (In Danish)


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Approved national budget abolishes budget cuts worth DKK 50–60 million at CBSby

  • News

    Layoffs break the crucial trust between organisation and employee

    CBS is laying off a number of employees soon, which will affect our university in different ways. When employees are fired without having done anything wrong, it shatters the trust between the organisation and employees, while also taking a toll on productivity, according to a CBS expert. Layoffs also affect the ‘survivors’, who are forced to adapt to a changed workload and the loss of cherished colleagues.

  • News

    Here to help – at the touch of a button and at Campus Desk

    Exam anxiety? Lost student card? I’ve wedged my car between a Fiat 500 and a lamp post, can you help? You never know what you’ll be asked next. But that’s just how the Campus Desk team like it. And if they can’t fix your problem, they’ll know someone who can. CBS WIRE asked the team about the whole range of topics they advice on every day.

  • News

    Why so sudden? The CBS financial crisis explained

    Employees and union representatives have posed many questions in the wake of the 17 August announcement of a firing round. In this interview, University Director Arnold Boon explains how Senior Management has been working with the budget and a change of financial strategy since the fall of 2022, and why layoffs are now necessary.

  • Illustration: Ida Eriksen


    Here’s what you need to know about the master’s reform

    The political parties behind the master’s reform have adjusted their original proposal to shorten or reorganize up to 50 percent of master’s programmes after pressure from CBS and the other Danish universities. Fewer shortened master’s and longer to implement changes are some important revisions to the reform. CBS’ president is pleased that the government and other parties behind the reform have listened to some of the critique given by the universities but raises concern about cutting more study places in bachelor’s programmes.

  • News

    CBS Quiz Time: Unraveling the success story

    A successful university environment such as CBS is often associated with academic pursuits, but campus life extends far beyond the classroom. At CBS Quiz Time, a student society motivated by creative thinking and social engagement, students join in a refreshing range of creativity, excitement, and social interaction. CBS WIRE talked to Celine Møller-Andersen to find out about the society’s vision, strategies and the factors that are driving its rapid expansion.

  • Gif of the week
  • Blog

    Uncertain times: Essential for business schools to understand their market

    The alliance of European business schools met at CBS in June to enhance recruitment strategies, stay informed on industry trends, and analyse where the global economy is heading. The CBS MBA Programmes shares some key take-aways from Associate Dean and Professor Jesper Rangvid’s presentation.

  • News

    Working hard all summer: Bachelor Admissions

    The employees in charge of bachelor admissions at CBS are a small exclusive team. They ensure the validity of diplomas and the fulfilment of entry requirements for bachelor’s degrees at CBS – and, not least, that the applicants get the necessary help to upload the right documentation and find their way around the application procedures.

Follow CBS students studying abroad

CBS WIRE collaborates with

Stay connected