Did you see this press release? http://www.cbs.dk/en/News-Press/Hoejreb ... -the-media
I'm not sure I would be comfortable going to a school that was having problems.
OK So I just looked at the Financial Times World EMBA 2010 Rankings of these two schools.
CBS = 47
SSE = 50
These two schools are so close that in terms of education that you'll receive an equally high quality degree from either. However the rank for SSE has been very consistent over the past few years whereas CBS has moved around dramatically. As these ranks are based on student responses to a survey I would value consistency more than the 3 places higher in the rankings that CBS currently occupies.
Salary: (Growth as %, then Current average)
CBS = 40% $116,272
SSE = 52% $119,176
I think that these are important numbers for an EMBA because they make up so much of the logic of attending a program. Also even though the numbers are close the different costs of the two courses make SSE better value for money.
CBS = 11
SSE = 45
This could be a deal breaker for you if your intention is to make a significant change in the focus of your career. Having said that I think that it is particularly true of EMBA's that they know perfectly well how to seek and apply for jobs, so perhaps this isn't an important stat for you.
To be honest I think you would be well served by either course. If I were you I would focus on three things:
Curriculum - Go to the school that focuses on the things you are interested in, paying thousands of Euros to learn about finance if you want to work in, for example, not-for-profit is a waste of time.
Career - think about your aims and figure out which school is more likely to get you there. After all you don't complete an EMBA for the experience you do it for the end result. Best result = Best choice.
Classmates - Are you bothered about interacting with your classmates or not? Personally I would favor the week long program as it will give you a much better opportunity to network. Knowing high quality people in other industries could be invaluable for you.
Other than the above I don't know what to suggest. Visit both and get a feeling for how much you like the adcom and the atmosphere.
Personally I would apply for both and go to SSE, but you should choose the one that fits you best.