The Economist published its annual ranking of the world’s leading business schools, and ranked Chicago Booth as #1. Kellogg, Harvard, Wharton and Stanford complete the top 5.

American schools dominate the rankings, as this year they claim 16 of the top 20 places in The Economist’s ranking of full-time MBA programmes, and 53 places in the top 100.

It is the sixth time in seven years that Booth has come top. But outside the top five, which includes No. 3 Harvard, No. 4 Wharton and No. 5 Stanford, all of which retained their previous year ranks, there were some big changes. UC-Berkeley’s Haas School of Business and Dartmouth College’s Tuck School of Business fell out of The Economist’s top ten, slipping four spots each to 11th and 12th, respectively. IESE Business School in Spain jumped 11 places to rank sixth. Warwick retained its previous rank of 18, and it is the top UK program this year, while LBS is ranked 27. HEC climbed from 15 to 13 and INSEAD climbed from 21 to 19.

The rankings are based on a mixture of hard numbers and subjective marks given by students and alumni in four categories: opening new career opportunities (35%), personal development and educational experience (35%), better pay (20%) and networking potential (10%).

Here are the top 30 programs according to the Economist:

1 University of Chicago – Booth School of Business
2 Northwestern University – Kellogg School of Management
3 Harvard Business School
4 University of Pennsylvania – Wharton School
5 Stanford University – Graduate School of Business
6 University of Navarra – IESE Business School
7 University of Michigan – Stephen M. Ross School of Business
8 UCLA – UCLA Anderson School of Management
9 University of Virginia – Darden School of Business
10 Columbia Business School
11 University of California at Berkeley – Haas School of Business
12 Dartmouth College – Tuck School of Business
13 HEC School of Management, Paris
14 Yale School of Management
15 Duke University – Fuqua School of Business
16 Massachusetts Institute of Technology – MIT Sloan School of Management
17 New York University – Leonard N Stern School of Business
18 University of Warwick – Warwick Business School
20 Cornell University – Samuel Curtis Johnson Graduate School of Management
21 University of Florida – Warrington College of Business
22 University of Washington – Foster School of Business
23 University of Melbourne – Melbourne Business School
24 SDA Bocconi – School of Management
25 University of Texas at Austin – McCombs School of Business
26 Vanderbilt University – Owen Graduate School of Management
27 London Business School
28 University of Southern California – Marshall School of Business
29 Emory University – Goizueta Business School
30 University of North Carolina at Chapel Hill – Kenan-Flagler Business School