Carnegie Mellon University's Tepper School of Business takes the top spot in Bloomberg Businessweek's 2013 ranking of the best part-time MBA programs. With a close-knit cohort of just 194 students in the program, this part-time curriculum is the same as the full-time version but is completed in three years instead of two.

This is the first time the Tepper School lands the coveted top spot, having finished in third place in the 2011 rankings and seventh in 2009.

"Eighty-seven percent of Tepper grads reported a salary increase, the highest percentage of any school in the ranking, and the Pittsburgh-based B-school scored in the top 10 of all three ranking measures," Businessweek reveals.

Coming in a close second was UC Berkeley's Haas School of Business, which is considerably larger with 800 students in the part-time program. The Haas School ranked fifth in the 2011 survey, and the school notes that surveyed graduates from the class of 2013 gave Haas an A+ for teaching quality, an A+ for caliber of classmates, and an A+ for curriculum.

TOP TEN PART-TIME MBA PROGRAMS

Tepper School of Business
UC Berkeley Haas School of Business
Cox School of Business (Southwestern Methodist University)
UCLA Anderson School of Management
Love School of Business (Elon University)
College of Business Administration (Loyola Marymount University)
Jones Graduate School of Business (Rice University)
Chicago Booth School of Business
Crummer Graduate School of Business (Rollins College)
Michigan Ross School of Business
Businessweek explains that their biennial part-time ranking, first conducted in 2007, is unique in that it separates schools into six geographic regions, and ranks each separately, since the part-time MBA format doesn't lend itself to traveling long distances multiple times a week.

The ranking is based on a poll of the graduating class of 2013, which accounts for 40% of the results; an academic quality measure, which accounts for 30%; and post-graduation outcomes, which measure whether the schools were completely responsible for helping students achieve their career goals and account for 30% of the ranking.

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