University of North Carolina’s ranks fifth in the first .

Among schools across the southeast in the top 25, Kenan-Flagler ranked ahead of and .

The Journal combined two sets of questions for the survey – one set focusing on students, the other on companies that employed students enrolled in the programs.

Kenan-Flager finished first in the student rank category of the survey, second in skills rank in 13th in corporate rank.

The survey, the results of which were reported Tuesday, included more than 4,000 students at 72 Executive MBA programs offered by 53 business schools scattered across nine countries.

Duke finished 18th in the student rank category, fourth in corporate rank and 22nd in skills rank.

Emory placed fourth in student rank, 22nd in corporate rank and third in skills rank.

Northwestern University’s Kellogg and University of Pennsylvania’s Wharton ranked first and second respectively in the survey.

The top 25:

1. Northwestern University (Kellogg)
2. University of Pennsylvania (Wharton)
3. Thunderbird School of Global Management
4. University of Southern California (Marshall)
5. University of North Carolina (Kenan-Flagler)
6. University of Michigan (Ross)
7. Cornell University (Johnson)
8. Columbia University (NY Program)
9. University of Chicago
10. Duke University (Fuqua)
11. Emory University (Goizueta)
12. University of California — Berkeley (Haas) — Columbia
13. Columbia — London Business School (Global)
14. New York University (Stern)
15. Southern Methodist University (Cox)
16. University of California — Los Angeles (Anderson)
17. ESADE (Spain)
18. Vanderbilt University (Owen)
19. Rutgers University
20. Ohio State University (Fisher)
21. Purdue University (Krannert)
22. IPADE (Mexico)
23. IESE (Spain)
24. University of Western Ontario (Richard Ivey)
25. Fordham University