There's a new top dog in American business education: Duke University's Fuqua School of Business. The Durham (N.C.)-based school claims the No. 1 spot in Bloomberg BusinessWeek's 14th biennial ranking of full-time MBA programs, part of a shake-up that dethroned the University of Chicago's Booth School of Business and knocked Harvard Business School out of the top five for the first time in the history of the ranking. Fuqua, No. 6 in our last ranking, rose to the top spot thanks in large part to employers' esteem for its graduates. Bloomberg BusinessWeek ranks schools on three measures: how recruiters rate MBA hires in a survey, which accounts for 45 percent of each school's score; how graduating MBAs judge their program in a separate survey, which makes up another 45 percent; and a tally of faculty research published in top journals, which constitutes the remaining 10 percent. We changed our employer survey from the last ranking cycle to better reflect the breadth of the recruiting landscape and to collect more data on how well MBAs do in the workplace. Some 1,300 recruiters were surveyed, up from 206 in 2012, and they were asked to rate schools based on how well their graduates performed in areas most important to employers.
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