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The undergraduate business program at the Martin J. Whitman School of Management is now ranked No. 40 in the nation, up from No. 47 last year and No. 51 two years ago, by U.S. News & World Report. This is the highest ranking for Whitman by U.S. News in more than a decade.

The U.S. News & World Report undergraduate business rankings are based solely on a survey of deans and senior faculty members (the “peer ranking”) at each of the 532 undergraduate business programs accredited by AACSB International, all of which were ranked.  These deans and faculty members—two at each AACSB-accredited business programs—were asked to rate the quality of all programs with which they were familiar on a scale from 1 (marginal) to 5 (distinguished).

Whitman is currently tied with the University of Rochester, the University of Pittsburgh, South Carolina and George Washington University, among others. All of these schools received a peer ranking of 3.5 out of 5. Whitman was rated 3.4 last year.

In addition to Whitman’s strong undergraduate business ranking, peers have also ranked Whitman’s Entrepreneurship program as No. 21 this year, up from No. 27 last year. U.S. News & World Report polled the same above respondents to nominate up to 15 of the best programs in specialty areas.

“We are pleased with this latest achievement for the Whitman School and appreciate the further validation from our peers. The addition of this strongest ranking in more than a decade, along with our other programmatic rankings, are continued proof points that Whitman is a school on the rise,” says Interim Dean Alexander McKelvie.

Whitman’s Assistant Dean of Undergraduate Programs, Lindsay Quilty says, “Whitman is a school to watch. I’m confident that the investments we have made to our undergraduate program place our academic student community among the best in the nation. Our new placement in the U.S. News ranking is external validation of the success of our future-focused curriculum and high-impact student experience.”