For the third consecutive years, Stanford Graduate School of Business tops our composite ranking of the best MBA programs in the U.S. Since 2010, Stanford has now been No. 1 four times. Harvard Business School still leads overall, having ranked first seven out of 11 rankings. This year, however, HBS fell to its lowest position ever, ranking fifth. Wharton came in first twice, in 2017 and in 2018 when the school's MBA program tied Harvard.