CBS was established in 1917 by the Danish Society for the Advancement of Business Education and Research (FUHU); however, it was not until 1920 that accounting became the first full study programme at CBS. Today CBS has approximately 20,000 students and 2,000 employees, 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.