NEWS

The U.S. News and World Report’s 2019 ranking of best business schools is out, and it’s a tie for the top spot.

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 now dropped to spot No. 3.

The new list includes some other notable shifts from the 2018 ranking. The University of Michigan—Ann Arbor’s Ross School of Business rose four spots from No. 11 to a tie at No. 7, and Rice University’s Jones Graduate School of Business leapt six spots from a tie at No. 29 to a tie at No. 23.

Interested in getting an MBA at a part-time program? The Haas School of Business at the University of California, Berkeley came in at No. 1 among those programs, and the University of Chicago came in at No. 2.

Related read: Will grad school improve your finances?

Related read: A tax break for getting an M.B.A.?

Rankings come from statistical surveys of the programs, as well as reputation surveys sent to more than 20,500 academics and professionals between 2017 and the beginning of 2018. Factors that go into rankings include test scores, starting salaries and employment rates after graduation.

Here are the top 20 business schools, according to the U.S. News and World Report:

Harvard also landed the No. 1 spot in Bloomberg’s list of top business schools of 2017, followed by the University of Pennsylvania’s Wharton School.