Copenhagen Business School (CBS) was established in 1917. Today, with 20,000 students and 1,500 employees, CBS is one of the largest business schools in Europe and one of the 8 Danish universities. Copenhagen Business School has government status as a public Danish University, and is an autonomous Business School. Founded as a private institution, CBS was transferred to its current status in 1965. CBS is one of the 8 public universities in Denmark. Five of these are comprehensive universities, while three are specialized, mono faculty institutions; one in Computer Science and Informatics, one in Engineering and Science, and one in Business (CBS). CBS is a mono-campus institution located in 11 buildings within walking distance in the Frederiksberg municipality, close to central Copenhagen. In order to properly comprehend CBS Governance structure and QA system some background information will most likely be beneficial. Our governance have three central factors, including 1) Governance of Danish universities, and in particular CBS, as regulated in the Act on Universities, 2) CBS Matrix approach to organizing the interaction between research and teaching, and 3) The program regulatory framework of higher education in Denmark.