Wharton No. 5 in Business School Rankings

After having been in first place since 1994, on the list of Business Week's best Business Schools, Wharton slid to number five in the recently released 2002 rankings. Northwestern's Kellogg took first place, followed by University of Chicago's Graduate School of Business which moved up eight notches. Harvard Business School stayed in the number three slot. Stanford University landed in the fourth slot. This was Wharton's lowest ranking since Business Week began ranking MBA programs in 1988. The three schools in the top slots this year also dominated the list in 1992, when the U.S. economy was similar to today, "reeling from a downturn and suffering from jitters fueled by fears of double-dip recession," according to the magazine's eighth biennial survey.

Topping the list of MBA programs outside the US is again INSEAD in France with whom Wharton formed an Alliance last year to deliver top quality business education to postgraduate candidates and executives across four campuses: Philadelphia, Wharton West in San Francisco and INSEAD in Fontainebleau and Singapore (Almanac, April 3, 2001).

The list is on-line at www.businessweek.com/bschools/index.html and is the cover story of the October 21 issue of Business Week.