The UCLA Anderson School of Management moved into the Top 10 MBA programs in the world, while USC’s Marshall School of Business moved up 25 notches in the annual rankings compiled by the Economist magazine.

Anderson moved up to the No. 6 spot this year from No. 14 last year, while USC Marshall shot up to the No. 40 position from No. 65 last year in the Economist’s rankings of full-time MBA programs worldwide.

Topping the list this year was Northwestern University’s Kellogg School of Management, which rose from No. 2 last year. University of Chicago’s Booth School of Business fell to No. 2, followed by Harvard Business School, the University of Pennsylvania’s Wharton School of Business and Stanford University’s Graduate School of Business.

UC Berkeley’s Haas School of Business was No. 7, right behind the UCLA Anderson School. No 56 UC Irvine’s Paul Merage School of Business and No. 83 UC Davis Graduate School of Management were the only other California MBA programs to break into the Top 100 in the Economist rankings.

Economy, education, energy and transportation reporter Howard Fine can be reached at [email protected]. Follow him on Twitter @howardafine.