Georgetown University’s McDonough School of Business has been ranked No. 1 business school in Greater Washington, according to the recently released U.S. News & World Report’s annual rankings.
The business school was ranked 24th in the overall ranking and got the 12th spot for its part-time MBA program. The school has a full-time enrolment of 541 and annual tuition of $58,500.
The Wharton School at the University of Pennsylvania earned the top spot nationally for the first time. Stanford was ranked No. 2 and Harvard went down to No. 3 after three years at the top.
The University of Virginia’s Darden School of business tied for 12th rank among full-time MBA programs, while George Washington University was ranked at 61.
The University of Maryland in Greater Washington also ranked high for its library studies program, getting an overall ranking of No. 8 on the list.
U.S. News & World Report compiles the annual lists of America’s best graduate schools across several disciplines, including business, education, engineering, law, medicine, and nursing. The ranking allows graduate students to make an informed choice about the best education options available for them in their chosen fields.
Anita Narayan, the managing editor for education at U.S. News, told WTOP that they’re trying to help consumers see where they might rise to the top of the applicant pool, and which schools are viewed highly by job recruiters.
“These rankings are just a start; they’re not an answer. We encourage prospective graduate students to use the rankings as a jumping-off point to create an initial list of schools,” said Narayan. “Graduate school is a great investment, but it’s a big investment. So make sure you’re doing your homework.”
The U.S. News rankings collected data on student and staff assessments, including employment, students’ income prospects, the education levels of faculty, membership in professional organizations, and research funding, among other factors.
See the entire list and methodology here.