Below is the list of the best Victorian VCE schools ranked in order of their 2006 VCE 40+ percentage measure, as published by the Victorian Curriculum and Assessment Authority.
The VCE 40+ percentage is the proportion of VCE study scores of 40 or more at each school.
Where two schools have equal 40+ percentage measures, the total count of 40+ scores is used as a secondary ranking measure.
Note that this report is an excerpt. To see the complete set of award statistics for each school, please refer to the Vic School VCE Statistics report.
| 1 | MacRobertson Girls High School | Melbourne | 484 | 43 | 585 | 310 |
| 2 | Bialik College | Hawthorn | 147 | 41 | 124 | 67 |
| 3 | Melbourne High School | South Yarra | 673 | 38 | 776 | 386 |
| 4 | Shelford Girls Grammar | Caulfield | 90 | 36 | 90 | 50 |
| 5 | Fintona Girls School | Balwyn | 125 | 33 | 123 | 59 |
| 6 | Korowa Anglican Girls School | Glen Iris | 119 | 33 | 101 | 67 |
| 7 | Mount Scopus Memorial College | Burwood | 294 | 32 | 258 | 128 |
| 8 | Camberwell Girls Grammar School | Canterbury | 202 | 32 | 190 | 102 |
| 9 | Presbyterian Ladies College | Burwood | 286 | 31 | 257 | 134 |
| 10 | Carey Baptist Grammar School | Kew | 336 | 28 | 320 | 179 |
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| 11 | Ballarat Clarendon College | Ballarat | 256 | 28 | 207 | 137 |
| 12 | Melbourne Girls Grammar | South Yarra | 212 | 28 | 192 | 104 |
| 13 | Leibler Yavneh College | Elsternwick | 77 | 28 | 48 | 27 |
| 14 | Scotch College | Hawthorn | 428 | 27 | 352 | 184 |
| 15 | Ruyton Girls School | Kew | 125 | 27 | 112 | 76 |
| 16 | Victorian College for the Deaf | Melbourne | 3 | 27 | 3 | 2 |
| 17 | Penleigh and Essendon Grammar School | Keilor East | 252 | 25 | 301 | 137 |
| 18 | Genazzano F.C.J. College | Kew | 274 | 25 | 229 | 125 |
| 19 | Melbourne Grammar School | Melbourne | 379 | 24 | 272 | 154 |
| 20 | Camberwell Grammar School | Canterbury | 305 | 24 | 240 | 128 |
| 21 | St Catherines School | Toorak | 167 | 24 | 110 | 67 |
| 22 | Strathcona Girls Grammar School | Canterbury | 138 | 24 | 108 | 53 |
| 23 | Caulfield Grammar School Caulfield | St Kilda East | 354 | 23 | 255 | 142 |
| 24 | St Kevins College | Toorak | 255 | 23 | 210 | 131 |
| 25 | Goulburn Valley Grammar School | Shepparton | 146 | 23 | 87 | 52 |
| 26 | Mentone Girls Grammar School | Mentone | 102 | 23 | 71 | 36 |
| 27 | Victorian College of the Arts Secondary School | Southbank | 125 | 23 | 66 | 46 |
| 28 | Yeshivah College | St Kilda East | 28 | 23 | 15 | 8 |
| 29 | Methodist Ladies College | Kew | 403 | 22 | 315 | 174 |
| 30 | Caulfield Grammar School Wheelers Hill | Wheelers Hill | 282 | 22 | 177 | 102 |
| 31 | Sacre Coeur | Glen Iris | 123 | 22 | 91 | 60 |
| 32 | The Geelong College | Newtown | 272 | 21 | 189 | 113 |
| 33 | Huntingtower School | Mount Waverley | 108 | 21 | 61 | 35 |
| 34 | St Margarets Berwick Grammar Berwick Campus | Berwick | 93 | 21 | 60 | 34 |
| 35 | Beth Rivkah Ladies College | St Kilda East | 75 | 21 | 38 | 23 |
| 36 | Haileybury College | Keysborough | 429 | 20 | 226 | 140 |
| 37 | Trinity Grammar School | Kew | 258 | 20 | 167 | 104 |
| 38 | Ivanhoe Girls Grammar School | Ivanhoe | 253 | 20 | 157 | 98 |
| 39 | Brighton Grammar School | Brighton | 231 | 20 | 146 | 84 |
| 40 | Firbank Grammar School | Brighton | 178 | 20 | 119 | 73 |
| 41 | Tintern Girls Grammar School | Ringwood East | 171 | 20 | 84 | 44 |
| 42 | Glen Waverley Secondary College | Glen Waverley | 522 | 19 | 351 | 188 |
| 43 | Balwyn High School | Balwyn North | 506 | 19 | 294 | 169 |
| 44 | Xavier College | Kew | 437 | 19 | 262 | 154 |
| 45 | Sacred Heart Girls College | Hughesdale | 258 | 19 | 165 | 85 |
| 46 | Mentone Grammar School | Mentone | 206 | 19 | 117 | 69 |
| 47 | Loreto Mandeville Hall | Toorak | 181 | 19 | 110 | 75 |
| 48 | Donvale Christian College | Donvale | 116 | 19 | 83 | 47 |
| 49 | Lauriston Girls School | Armadale | 118 | 19 | 72 | 44 |
| 50 | McKinnon Secondary College | McKinnon | 336 | 18 | 188 | 118 |