<p>Basically, yes. In terms of its graduate programs, particularly professional programs and the Social Sciences, Michigan is hard to beat. In Law, only Harvard and Yale, maybe Stanford are considered better. In Medicine, generally speaking, only Harvard and JHU are considered better. In Business, only Harvard, Wharton, Kellogg and Stanford are considered better. In Engineering, only MIT, Cal, Caltech and Stanford are considered better. So Michigan is arguably top 5 in each of the four major professional prgrams and has been ranked among the top 5 in recent years. </p>
<p>According to the USNWR:</p>
<p>Michigan law was ranked as high as #2 back in the late 80s
Michigan MBA was ranked as high as #4 back in the mid 90s
Michigan Medicine was ranked as high as #7 a couple of years ago
Michigan Engineering was ranked as high as #4 back in the mid 90s.</p>