Every year, U.S. News & World Report releases a comprehensive ranking of the best business programs in the United States. For the past three years, Harvard has dominated the list.
Harvard Business School has held onto the the number one spot on the U.S. News ranking of business schools with famous professors, impressive alumni statistics and an exclusive 10.4 percent acceptance rate. But this year, HBS was dethroned by a school with an equally stellar reputation but an acceptance rate that is almost double Harvard's.
The Wharton School at the University of Pennsylvania was ranked the best business school in the country this year. According to U.S. News, this is the first time Wharton has earned this title on its own. Harvard University tied for third place with the Massachusetts Institute of Technology and the University of Chicago. Stanford University came in second on the list. It has the lowest acceptance rate among the top-tier programs, with just 6.1 percent of applicants earning admissions, though acceptance rates have actually increased at many of the top schools since 2018.
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