Copenhagen Business School (Danish: Handelshøjskolen i København) often abbreviated and referred to as CBS, is a public university situated in Copenhagen, the capital of Denmark. CBS was established in 1917 by the Danish Society for the Advancement of Business Education and Research (FUHU), however, it wasn't until 1920 that accounting became the first full study programme at CBS. Today CBS has more than 20,000 students, 2,000 employees[1] and offers a wide range of undergraduate and graduate programmes within business, typically with an interdisciplinary and international focus. CBS is accredited by EQUIS (European Quality Improvement System), AMBA (Association of MBAs), as well as AACSB (Association to Advance Collegiate Schools of Business), thus making it one of the few schools worldwide to hold the "triple-crown" accreditation, and along with Aarhus BSS, the only two in Denmark[2] CBS' campus is located in Frederiksberg, close to the center of Copenhagen, and centers on CBS' main campus Solbjerg Plads (finished in 2000). Since the Danish Universities Act of 2003, CBS has had a Board of Directors with an external majority. The Board of Directors appoints the President of CBS, who is currently Per Holten-Andersen. Most of the programs are taught in English and more than 50% of the faculty is recruited from abroad, making CBS an international academic environment.