The University of Texas at Arlington ranks No. 5 among the nation's most ethnically diverse campuses, according to the 2014 rankings of national universities that U.S. News & World Report released Tuesday.

Also, UT Arlington's undergraduate business program jumped to No. 119 this year among 388 similar programs, up from 141 the previous year.

The U.S. News "diversity index" is a measure of where college students seeking diversity are "most likely to encounter undergraduates from racial or ethnic groups different from their own," the news organization says. The University moved up from seventh place in the 2013 rankings.

"It is no surprise that UT Arlington would be recognized nationally for its commitment to diversity and for ensuring that students from all backgrounds have the opportunity to earn their education and become citizens of the global community. This is who we are and what we do every day," President Vistasp M. Karbhari said.

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