U.S. News & World Report has announced its ranking of the2019 Best Graduate Schools, and in the business school category, the University of Chicago’s Booth School of Business moved up this year to tie with Harvard Business School for the No. 1 spot amongfull-time MBA programsfor the first time in the history of the U.S. News ranking.

1. Harvard Business School (tie)

1. Chicago Booth School of Business (tie)

3. University of Pennsylvania Wharton School

4. Stanford Graduate School of Business

5. MIT Sloan School of Management

6. Northwestern University Kellogg School of Management

7. UC Berkeley Haas School of Business

8. University of Michigan Ross School of Business

9. Columbia Business School

10. Dartmouth’s Tuck School of Business

1. UC Berkeley Haas School of Business

2. Chicago Booth School of Business

3. Kellogg School of Management

4. NYU Stern School of Business

5. UCLA Anderson School of Management

6. UM Ross School of Business

7. CMU Tepper School of Business (tie)

7. UT McCombs School of Business (tie)

9. Fisher College of Business-Ohio State (tie)

9. Carlson School of Management-University of Minnesota (tie)

11. Georgetown McDonough School of Business (tie)

11. USC Marshall School of Business (tie)

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.

For the first time, U.S. News reduced the value of reported GPA, GRE and GMAT scores for full-time and part-time MBA programs and GRE scores in the education rankings if less than 50 percent of an entering class submitted these scores. U.S. News believes this lack of data means the scores are not representative of the entire class.

“In measuring graduate schools nationwide, our ranking formulas evolve as more and more data become available,” said Robert Morse, chief data strategist at U.S. News, in a statement. “From MBA programs to law schools, our aim is to take full advantage of data that are representative of incoming classes and to provide information, where available, on career placement success.”

“Prospective students can choose from a range of options to continue their education,” said Anita Narayan, managing editor of Education at U.S. News. “The graduate school rankings and data are a great starting point for applicants to find the program that’s the best fit for them academically and financially.”