Yale University has the country's top law school while the University of Pennsylvania, Harvard University and Stanford University all tied for the nation's best business schools, according to new rankings by U.S. News & World Report
U.S. News & World Report annually ranks the top schools and graduate schools along with disciplines such as education, engineering, medicine and other disciplines.
U.S. News reported that Pennsylvania's Wharton School of Business jumped from third place to tie with Harvard and Stanford as the best full-time MBA programs in the country. The magazine said the University of California, Berkeley's Haas School of Business is the country top part-time MBA programs.
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"The Wharton School at the University of Pennsylvania was the U.S.'s first business school and now has the largest alumni network in the country," U.S. News wrote about the school. "In addition to graduate business degrees, students can pursue joint degrees, including an accelerated MBA/J.D. degree in three years in conjunction with the Penn Law School; an MBA/M.A. degree in International Studies; and joint degree programs through the Harvard Kennedy School of Government. Students can also earn a Ph.D. at Wharton, typically in four to five years, in nine areas including ethics & legal studies, statistics and applied economics."
The magazine said Yale and Harvard have long held the No. 1 and No. 2 spots for the country's top law schools, but Duke University's School of Law is on the rise, reaching the top 10 for first time, tying the University of Michigan for No. 10.
"A graduate degree is a major investment of both time and money," Brian Kelly, editor and chief content officer of U.S. News & World Report, said about its new rankings. "Our Best Graduate Schools rankings are designed to help prospective students research and identify the right programs to pursue in their field of interest."
Law school surveys can vary. The National Law Journal last month ranked the top law schools based on percentage of its graduates at the 250th biggest law firm, ranking Columbia University No. 1, New York University No. 2 Harvard No. 3 and Yale No. 13, according to the Washington Post
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