Since 2010, Harvard Business School has ranked first seven out of ten rankings. This year, however, HBS fell to its lowest position ever, ranking fourth. Stanford captured first for the third time, earning top honors for the second consecutive year. Wharton came in first twice, in 2017 and in 2018 when the school's MBA program tied Harvard. Yale SOM replaced Michigan Ross in the Top Ten last year, though in 2013 Yale had ranked as low as 17th.