Where Wash U, Mizzou and Illinois fall in best business schools ranking

Bloomberg Businessweek has been ranking full-time MBA programs since 1985, and this year they took on the largest group of schools yet.

Three nearby schools made the list of the top 85 U.S. schools —Washington University in St. Louis, the University of Missouri and the University of Illinois.

Wash U's Olin Business School came in at No. 26 on the list, boasting a high ranking of 4 in the "intellectual capital" category, behind UCSD, Duke and Cornell. In 2012, Olin was ranked 31st.

University of Illinois came in at No. 45 on the list, losing ground from its 2012 ranking of 40.

University of Missouri's Trulaske School of Business was ranked 70th, moving down from a 56th ranking in 2012.

Schools were ranked based on a survey of student satisfaction, a survey of employers who hire graduates and the expertise of the school's faculty. Here's a deeper dive into how the surveys were weighted and what questions were on them, from Bloomberg Businessweek.