In the newly released 2023 U.S. News & World Report ranking of United States universities, the University of Pennsylvania was ranked #7—up one spot from last year. It is tied with Johns Hopkins University. This ranking is calculated from factors including graduation and retention rates, faculty resources, student/faculty ratios, class sizes, SAT/ACT scores, percentage of admitted students who were in the top 10% of their high school class, and the percentage of alumni making gifts. Penn was also ranked #18 in best value schools; and #59 in most innovative schools.

The Wharton School of the University of Pennsylvania has retained its #1 post as the best undergraduate business program in the country, which it has held for many years. It is ranked #1 in finance; #2 in marketing, management, and real estate; #3 in quantitative analysis; #4 in business analytics, entrepreneurship, and international business; #6 in accounting; #8 in production/operation management; and #9 in supply chain management/logistics.

Penn’s School of Nursing was also ranked #1 for its undergraduate nursing program, the second year the magazine has ranked undergraduate nursing programs.

Penn’s School of Engineering and Applied Science ranked #22 for best undergraduate engineering programs, tied with Penn State University; University of California, San Diego; University of Maryland, College Park; and the University of Washington. Within SEAS, Penn ranked #10 in bioengineering/biomedical engineering.