The US News and World Report announced the best business schools of the United States, and it’s a close tie for the top spot.
Harvard and the University of Chicago have the best business schools according to a survey.
The University of Chicago’s Booth School of Business jumped from last year’s No. 3 spot to No. 1 in a tie with Harvard Business School. Last year, Harvard was tied with the University of Pennsylvania’s Wharton School, which has since dropped to spot No. 3.
The new list includes some other important changes from the 2018 ranking. The Ann Arbor’s Ross School of Business at the University of Michigan rose four spots from No. 11 to a tie at No. 7, and Rice University’s Jones Graduate School of Business jumped six spots from a tie at No. 29 to a tie at No. 23.
Meanwhile, if you’re interested in getting an MBA in a part-time program, The Haas School of Business at the University of California, Berkeley came in at No. 1 among part-time programs, and the University of Chicago came in at No. 2.
The rankings were compiled from statistical surveys of the programs, as well as more general reputation surveys, sent to more than 20,500 academics and professionals between 2017 and the start of 2018.
Factors taken into consideration include test scores, starting salaries, and employment rates after graduation.
According to the U.S. News and World Report, these are: