Hvad bliver der af cand.merc.aud’erne?

Klaus Nordmann Østrup & Melissa Nordmann Turac Østrup

Student thesis: Master thesis


The theme in this thesis is the population constituted as graduates with a Master of Science in Business Economics and Auditing from Copenhagen Business School (CBS). The graduate program is the theoretical foundation for State Authorised Auditors and is in public speech often referred to as this only, but it has for long been known in the industry that graduates do not only obtain employment in auditing and it is considered to be an increasing problem to hire the needed quantity of competent employees. In this thesis we want to investigate and analyse to which degree MSc in Business Economics and Auditing is a broader platform for a variety of jobs with in the economics and accounting industries. We would also like to understand the considerations that the graduates make in their choice of career and to which degree they have had use of different parts of their education. The thesis is based on an analysis of the chronological development of the master program and its intervention with the education to State Authorised Auditor and a large empirical analysis of the graduates from 1986-2007 from CBS. The empirical analysis is based on a questionnaire survey among the above mentioned group of graduate students. Among other things we find that almost 96% of all graduates at some time in their career obtain employment as an auditor but that only 38% of the population is still employed in the audit industry. Based on the industry’s demand for competent employees and prior assumptions about retention problems in the audit industry we find that there is a retention problem. The problem can be quantified as follows, 58% of all graduates in the population leave the audit industry and the critical time for their parting is the years immediately following their graduation. We also find that approximately 29% of all male graduates obtain the title as State Authorised Auditor but only 19% of the females obtain the title. This is in accordance to prior analysis of female auditors in Denmark, but unlike earlier findings we see that female auditors no longer leave the industry to a greater extent than their male colleagues.

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
Publication date2010
Number of pages142