Some of Australia's most prominent and well known schools are based in Melbourne. Of the top twenty high schools in Australia according to the Better Education ranking, six are located in Melbourne. There has also been a rapid increase in the number of International students studying in the city. Furthermore, Melbourne was ranked the world's fourth top university city in 2008 after London, Boston and Tokyo in a poll commissioned by the Royal Melbourne Institute of Technology. Melbourne is the home of seven public universities: the University of Melbourne, Monash University, Royal Melbourne Institute of Technology (RMIT University), Deakin University, La Trobe University, Swinburne University of Technology and Victoria University.

How many of the top twenty high school sin Australia are located in Mebourne according to the Better Education ranking?