Below is the list of the best Victorian VCE schools ranked in order of their 2012 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 | Suzanne Cory High School | Werribee | 6 | 40 | 0 | 0 |
| 2 | Lauriston Girls School | Armadale | 102 | 39.8 | 105 | 53 |
| 3 | MacRobertson Girls High School | Melbourne | 489 | 39 | 432 | 238 |
| 4 | Bialik College | Hawthorn | 150 | 36 | 118 | 64 |
| 5 | Melbourne High School | South Yarra | 709 | 35.6 | 689 | 339 |
| 6 | Yeshivah College | St Kilda East | 31 | 35.1 | 23 | 15 |
| 7 | Mount Scopus Memorial College | Burwood | 204 | 34 | 181 | 92 |
| 8 | Fintona Girls School | Balwyn | 108 | 33.7 | 93 | 52 |
| 9 | Ruyton Girls School | Kew | 136 | 33.3 | 120 | 68 |
| 10 | Strathcona Girls Grammar School | Canterbury | 148 | 32.9 | 148 | 75 |
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| 11 | Leibler Yavneh College | Elsternwick | 83 | 32.1 | 53 | 24 |
| 12 | Ballarat Clarendon College | Ballarat | 228 | 31 | 235 | 132 |
| 13 | Nossal High School | Berwick | 203 | 29.9 | 79 | 68 |
| 14 | Huntingtower School | Mount Waverley | 134 | 29.5 | 111 | 66 |
| 15 | Korowa Anglican Girls School | Glen Iris | 139 | 28.9 | 131 | 68 |
| 16 | Penleigh and Essendon Grammar School | Keilor East | 269 | 28.5 | 340 | 153 |
| 17 | St Kevins College | Toorak | 354 | 28.1 | 353 | 197 |
| 18 | Sacre Coeur | Glen Iris | 143 | 28.1 | 130 | 80 |
| 19 | Presbyterian Ladies College | Burwood | 260 | 28 | 211 | 120 |
| 20 | Firbank Grammar School | Brighton | 184 | 27.9 | 122 | 62 |
| 21 | The King David School | Armadale | 114 | 27.8 | 72 | 39 |
| 22 | Mentone Girls Grammar School | Mentone | 96 | 27.8 | 67 | 42 |
| 23 | Caulfield Grammar School Caulfield | St Kilda East | 400 | 27.5 | 289 | 147 |
| 24 | Haileybury Girls College | Keysborough | 274 | 27.4 | 212 | 131 |
| 25 | Scotch College | Hawthorn | 440 | 26.9 | 342 | 182 |
| 26 | Melbourne Grammar School | Melbourne | 389 | 24.6 | 279 | 169 |
| 27 | Melbourne Girls Grammar | South Yarra | 207 | 24.5 | 164 | 90 |
| 28 | St Catherines School | Toorak | 152 | 24.5 | 95 | 64 |
| 29 | Beth Rivkah Ladies College | St Kilda East | 71 | 24.5 | 28 | 18 |
| 30 | Methodist Ladies College | Kew | 415 | 24.4 | 333 | 191 |
| 31 | Camberwell Girls Grammar School | Canterbury | 203 | 24 | 104 | 66 |
| 32 | Lowther Hall Anglican Grammar School | Essendon | 106 | 23.8 | 64 | 45 |
| 33 | Camberwell Grammar School | Canterbury | 288 | 23.1 | 202 | 105 |
| 34 | John Monash Science School | Clayton | 406 | 22.9 | 246 | 154 |
| 35 | Loreto Mandeville Hall | Toorak | 194 | 22.5 | 126 | 78 |
| 36 | Shelford Girls Grammar | Caulfield | 101 | 22 | 57 | 43 |
| 37 | Xavier College | Kew | 458 | 21.4 | 279 | 157 |
| 38 | Caulfield Grammar School Wheelers Hill | Wheelers Hill | 282 | 21.4 | 195 | 102 |
| 39 | Trinity Grammar School | Kew | 287 | 21.3 | 205 | 128 |
| 40 | Goulburn Valley Grammar School | Shepparton | 154 | 20.6 | 102 | 55 |
| 41 | Kilvington Grammar School | Ormond | 83 | 20.5 | 42 | 26 |
| 42 | Ivanhoe Girls Grammar School | Ivanhoe | 244 | 20.4 | 146 | 93 |
| 43 | Genazzano F.C.J. College | Kew | 288 | 19.9 | 164 | 98 |
| 44 | Ivanhoe Grammar School Ridgeway | Ivanhoe | 295 | 19.3 | 180 | 102 |
| 45 | Balwyn High School | Balwyn North | 607 | 19.2 | 307 | 177 |
| 46 | Toorak College | Mount Eliza | 186 | 18.7 | 108 | 69 |
| 47 | The Geelong College | Newtown | 276 | 18.1 | 167 | 116 |
| 48 | Haileybury College | Keysborough | 436 | 17.6 | 191 | 128 |
| 49 | Carey Baptist Grammar School | Kew | 285 | 17.5 | 189 | 115 |
| 50 | Brighton Grammar School | Brighton | 262 | 17.1 | 126 | 66 |