Wharton’s MBA Tops Harvard’s on New List

In a decision likely to stoke a bragging-rights battle between top U.S. business schools, the University of Pennsylvania’s Wharton School bumped Harvard University from the No. 1 spot on the Financial Times’ top 100 masters of business administration programs. Published in Monday’s editions, the list differs from those compiled by U.S. News and World Report and Business Week magazines in that it ranks business schools worldwide. The rankings use different criteria, but all three collect data on graduates’ salaries. Both Harvard and Wharton played down the decision. “The rankings are a recognition of what we are accomplishing. They are not an accomplishment in and of themselves,” Wharton School Dean Patrick Harker said. Harvard, which came in at No. 2, did not have a formal comment.