Originally posted by Matt Turner on the McCombs Today blog.

The McCombs School of Business full-time MBA is again ranked 17th in the nation in the 2012 annual U.S. News and World Report (USN) survey of America’s Best Graduate Schools. Harvard and Stanford, trading first place back and forth for the past several years, tied this year for the top spot. McCombs ranked 17th in last year’s report and has been included in the top 20 for 18 out of 19 years.

McCombs had three specialties place in the top 10:

• Accounting – 1 (Sixth year in a row, and 20th year in a row to be in the top five)
• Information Systems – 4 (20th year in a row to be in the top five)
• Entrepreneurship – 7 (16th year in a row to be in the top 10)

Only four public schools placed higher than McCombs: Berkeley (seventh), Virginia and Michigan (both tied at 13th), and UCLA (15th).

The MBA rankings are calculated by combining evaluations from business school deans and program chairs, recruiter assessment, admissions data and salary and job placement figures. Specialty rankings are determined entirely by assessment from deans and program chairs.

Part-Time MBA Holding Strong at Seventh

In the part-time MBA rankings, McCombs tied for seventh for the third year in a row. The part-time MBA programs at McCombs are the Texas Evening MBA, the Texas MBA at Houston and the Texas MBA at Dallas. Northwestern and Berkeley took the top two spots.

For the previous two surveys (2010 and 2011) USN based the part-time rankings 100% on peer assessment. USN this year reduced this amount by half, and included the GMAT score and undergraduate GPA among other factors.

Executive MBA Pulls Ahead

The Texas Executive MBA program rose three ranks to 15th. Wharton and the University of Chicago came in first and second, respectively. USN includes executive programs in its specialty rankings, which are determined completely by peer assessment.

Complete Specialty Rankings

McCombs enjoys top-20 status across a broad spectrum of specialties:

• Accounting: 1
• Information Systems: 4
• Entrepreneurship: 7
• Production / Operations: 11
• Marketing: 11
• Finance: 14
• International: 15
• Supply Chain / Logistics: 15
• Management: 18

Marked improvements in rank over last year are noted in Finance (+7) and Supply Chain (+5).

For more information, see our Rankings FAQ and USN’s methodologies for the full-time MBA survey (which includes the specialty and EMBA programs) and for the part-time MBA survey.