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HSBC Hurun Education Global Highschools 2025

HSBC AND HURUN EDUCATION LAUNCH

HSBC HURUN EDUCATION GLOBAL HIGH SCHOOLS 2025

 

180 SCHOOLS MADE CUT. 4 NEW ENTRANTS, 3 DROPPED OFF

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CHINA RANKED 3RD WITH 16, ACOUNTING FOR 9%. US LED WITH 45% OF GLOBAL HIGHSCHOOLS, FOLLOWED BY UK 40%, DOWN 4%. SCHOOLS FROM 11 COUNTRIES MADE LIST

 

LONDON AND NEW YORK LED WITH 35 AND 27 SCHOOLS, FOLLOWED BY BOSTON, WASHINGTON D.C., LOS ANGELES AND SAN FRANCISCO. SHANGHAI OVERTOOK OXFORD FOR 7TH PLACE.  BY REGION, US EAST COAST HAD HIGHEST NUMBER OF SCHOOLS

 

WESTMINSTER SCHOOL TOPPED LIST FOR THIRD YEAR RUNNING. OVER 40% OF ITS 200 GRADUATES OVER LAST THREE YEARS WENT TO OXBRIDGE OR IVY LEAGUE

 

LONDON-BASED ST PAUL'S SCHOOL OVERTOOK NEW-YORK BASED DALTON SCHOOL FOR 2ND PLACE.

 

WINCHESTER COLLEGE  RETURNED TO THE HURUN TOP 10. OVER THE PAST THREE YEARS, MORE THAN 20% OF GRADUATES WENT TO OXBRIDGE OR THE IVY LEAGUE

 

70% CO-ED, WITH 18% GIRLS ONLY, AND 12% BOYS ONLY

 

1,050 STUDENTS ON AVERAGE OF WHICH 140 IN GRADUATING COHORT

 

204 YEARS HISTORY ON AVERAGE, WITH 2 SCHOOLS OVER 1000YRS, 22 SCHOOLS LESS THAN 50YRS

 

51% OF THE SCHOOLS OFFER BOARDING, WITH 49% DAY SCHOOL ONLY

(23 June 2025, Shanghai) HSBC China in association with Hurun Education today released the HSBC Hurun Education Global Highschools 2025, a list of the world’s top highschools, ranked according to leavers’ university destinations, co-curricular and reputation. The ranking only includes independent schools, i.e. non-state schools, with physical campuses. This is the third year of the list.

 

HSBC Hurun Education Global Highschools 2025 includes 180 schools from 11 countries. Between them, they have 190,000 students, of which 25,000 graduate every year. On average, they have 1,050 students, of which 140 are in the final year. 51% offer boarding. They have a history of 204 years on average.

 

Kai Zhang, Head of International Wealth and Premier Banking, HSBC Asia, said: " We are delighted to join hands with Hurun Education to release the 'HSBC Hurun Education Global Highschools Ranking' at the HSBC International Education Forum for the third consecutive year, providing forward-looking insights for families to plan their children's international education and growth paths.

 

"How to choose destinations, schools and subjects is key to the planning of international education. HSBC's global survey shows that younger parents are more likely to send their children to study in the destinations near home. In addition to the traditional overseas study destinations, Hong Kong SAR and Singapore have become increasingly favored by Asian families. With the advantages of geographical proximity, quality of education and more adaptable culture, the enthusiasm for studying in these markets continues to increase, driving more active flows of international students within and into Asia.

 

"As an international financial institution marking its 160th anniversary this year, HSBC serves around 41 million customers. With HSBC global network covering major international study destinations, we provide diversified global banking services throughout the three key stages from study planning, pre-departure preparation, to traveling abroad to support the entire journey of children’s international study. In addition, we continue to work with education experts at home and overseas on multiple platforms, such as the HSBC International Education Forum, to unlock information about latest trends and market intelligence in the fast-changing international education area, helping Chinese and Asian families well plan international education and connect to high-quality resources."

 

Rupert Hoogewerf, Hurun Education Chairman and Chief Researcher, said,

 

“I am delighted to partner with leading international bank HSBC, to put out the HSBC Hurun Education Global Highschools for the third year running. This list is designed to help parents find the most suitable school for their children, help teachers looking to work in the best schools, and university admission officers looking to understand more about where their applications are coming from.”

 

“Hurun Education has scoured the world for the best highschools of each region, taking into consideration only independent schools with physical campuses, and then ranking them based on leavers’ university destinations, co-curriculum activities and reputation. Hurun Education did not consider exam results. Whilst the HSBC Hurun Education Global Highschools is a ranking of the world’s most successful independent highschools, it is the right school for your child that is most important.”

 

“‘Leavers’ University Destinations’ reflects the school’s teaching, educational resources and level of attention to student’s future development. We provided a bonus to schools with lower admission requirements to recognize their added value. ‘Co-Curriculum Activities’ help students improve social skills, leadership skills, teamwork and social responsibility, allowing them to encounter new interests and friends. ‘Reputation’ is mainly about the impact of living alumni in society.”

 

“The number of Chinese students studying abroad fell last year, but there are still close to one million, with 280,000 in the US, 160,000 in each of the UK and Australia, 100,000 in Canada and 50,000 in Singapore. Nearly two-thirds of them are pursuing graduate or doctoral studies, 30% are pursuing undergraduate studies, and 5% are at highschool or earlier.”

 

“Perhaps one of the most surprising findings of this Hurun list is that China is third in the world with 9% or 16 of the 180 schools. This means there is a really viable alternative to sending their children to study far away and across the time zones, and instead keep them close to home.  This is having mental health benefits as well as keeping them anchored in Chinese culture for longer.”

 

“For parents in China, sending their children abroad has become more complicated in recent years. It has now become harder to get a US student visa. The likely winner should have been the UK, but since January, independent schools fees in the UK have gone up an average of 14%, after the UK government added VAT to independent schools, at the same time as making these schools pay business rates. Winchester College, for example, now costs over US$80,000 for a year’s education and boarding fees. Another factor in play is the flat China economy, meaning more families are looking to keep their children in the state system for longer.”

 

“The impact of AI is the subject on everybody’s lips. How to use AI properly, rather than let AI weaken the ablity of students to think for themselves? One impact has been an acceleration towards STEAM, adding ‘Arts’ into STEM, with an emphasis on creative thinking and the ability to think from first principles. At the end of the day, schools are having to future-proof education, prepare children to flourish and be fulfilled in the 2050s. It is a big ask.”

 

“Some of the world’s top highschools have large foundations, which goes a long way to helping them provide stability and independence. Phillips Andover Academy has a foundation worth over US$1bn. Other schools with large foundations include Eton College with US$700mn, St Paul’s School with US$550mn and Deerfield Academy with US$530mn.”

 

“Among the schools on the list, the average tenure of heads is 10 years. Heads play a vital role in shaping school culture and learning philosophy.”

 

“Building a world-class school often takes hundreds of years. The schools on the Hurun list were founded in 1821 on average, giving them an average history of 204 years. 13 schools have a history of more than 500 years and 10 schools were established in the 2000s, most of which are located in China. Over the years, although these schools have had many opportunities to expand their student numbers, they have still kept the student number at 1050. This year, the average number of graduates from these schools is 140.”

 

“Students applying to day schools in the heart of world-class cities such as New York, London, Shanghai and Hong Kong face the most intense competition for places, led by the likes of The Dalton School in New York, Westminster School in London, Pinghe School in Shanghai, and Chinese International School in Hong Kong.”

 

“The trend of co-ed is on the rise, partly because it brings convenience to families with both boys and girls. Surprisingly, perhaps, only one third of the schools on our list are single sex schools with girls’ schools 50% more popular than boys' schools. There is a trend of well-known UK-based boys' schools going co-ed with Abingdon School recently announcing it admitted girls for the first time last year in its almost 800 year history, whilst Winchester College has just started admitting girls for the first time in its almost 650 year history.”

 

“Day schools are on the up. Half of the schools on the list are day schools only, with the other half providing some form of boarding. Only one-third of the schools on our list are full boarding schools.”

 

“In the UK, the main starting points are aged 11 for the last seven years before university, aged 13 for the last five years or aged 16 for the last two years. In the US, the main starting point is aged 14 for the last four years.”

 

“On average, 13% of the students on the list are provided with financial aid, with an average annual subsidy of 27% of the tuition fees. It is worth noting that many schools still confuse financial aid and scholarships. Scholarships are designed to attract the best students, while financial aid is designed to support families who cannot afford the school fees.”

 

“Schools in China made up three of the four new entrants to the Hurun Global Highschools List this year with Hong Kong International School, Suzhou Foreign Language School and Shanghai American School.”

 

“There is a significant discrepency in transparency regarding the university destinations of school graduates. Nearly 90% of highschools disclose the number of students going on to each university. However, schools predominantly in Singapore, Hong Kong and Switzerland, prefer only to list out the university their graduates went to, or the offers they received.”

 

“Surprisingly, perhaps, there were very few schools from Canada, Australia and Europe that made the Hurun list.  Why? One of the reasons is that the majority of these students go on to local universities, and the universities in these countries are not ranked particularily high on the best-known rankings, such as QS, US News or Times Higher Education.  In addition, Europe's education system is dominated by public schools and has very few independent schools, which is significantly different from the education systems of the USA and the UK.”

World’s Top 10 Overall

London-based Westminster School was top, followed by The Dalton School and St Paul’s School. The Top 10 schools are from either the UK or US. They have 271 years of history on average. Six are single sex schools: three boys’ schools and three girls’ schools, and four are co-ed schools. Two schools made the Top 10 for the first time: King's College School, Wimbledon and  Saint Ann's School, at the expense of Phillips Andover Academy and Winchester College.​​

Source: HSBC Hurun Education Global Highschools 2025  * New to Top 10

London-based Westminster School topped the HSBC Hurun Education Global Highschools for the third year running. With almost 500 years of history, Westminster had over 40% of its 200 graduates going to Oxbridge over each of the past three years. The main enrollment ages are aged 13 for boys and aged 16 for girls. 75% are day students, while boarders make up 25%. The head is Gary Savage.

 

London-based St Paul's School rose 1 place to second. With a history of over 500 years, St Paul’s School is mostly a day school, with only 4% boarding. The head is Sally-Anne Huang. Over the past three years, on average, more than around 40 of its 220 graduates went to Oxbridge or the Ivy League.

 

New York-based The Dalton School dropped one place to 3rd. A day school with a history of over 100 years, the main enrollments are at the age of 11 and 14. The head is José Manuel De Jesús.  Over the past three years, on average, nearly 20% of the graduates each year went to Harvard, Yale, Princeton, Stanford or MIT.

 

St Paul's Girls School keep the 4th. With a history of over 100 years, St Paul’s Girls is a day school for girls from 11 to 18. Sarah Fletcher is the head. Over the past three years, on average, over 40 of the 120 graduates went to Oxbridge or the Ivy League.

 

King's College School, Wimbledon rose 3 to break into the Hurun Top 5. King’s College School is a day school located in London with a history of nearly 200 years. Its main admission stage is at age 11. The head is Anne Cotton. The performance of the school's graduates in the past three years has shown an upward trend. Over the past three years, on average, nearly 50 of its 200 graduates have gone to Oxbridge or the Ivy League.

 

Winchester College rose 7 places to 6th place, breaking back into the Hurun Top 10. Winchester is a fully boarding school and has a history of more than 600 years. The main entrance is at aged 13 years. The principal is Elizabeth Stone. In the past three years, on average, more than 20% of graduates have gone on to Oxbridge or the Ivy League.

 

The Brearley School dropped one place to  7th. This girls’ day school is located in New York and has a history of nearly 150 years. The head is Jane Foley Fried. Over the past five years, on average, nearly half of its 60 graduates each year ended up at Harvard, Yale or the Ivy League.

 

The Spence School dropped one place to 8th. This girls’ day school is located in New York and has a history of over 130 years. The head is Felicia Wilks. Over the past five years, on average, more than 20 of its 60 graduates ended up at Harvard, Yale or the Ivy League.

 

The Collegiate School dropped 4 places to 9th. This boys’ day school is located in the Upper West Side of Manhattan in New York and has a history of nearly 400 years. Best-known perhaps for being the school of US President John F. Kennedy, the head now is David S. Lourie. Over the past five years, on average, more than 30% (nearly 50) graduates each year went to Harvard, Yale or other US Top 10 universities.

 

Saint Ann's School dropped one place to  10th. Located in Brooklyn, southeast of Manhattan Island in New York, and with a history of nearly 60 years, Saint Anne’s is a day school for ages 3 to 18. The head is Kenyatte Reid. Over the past three years, on average, more than 30% of the 80 graduates each year have gone on to study at the likes of Harvard, Yale or other US Top 10 universities.

 

 

Geographic Distribution

 

45% of the world’s top high schools are in the US, followed by 40% in the UK. China was third with 9%.

 

The Hurun Education Schools came from 52 cities, led by London and New York, and followed by Boston and Washington DC. Shanghai overtook Oxford for 7th place.

 

Table: Highschools by Countries and Cities

Source: HSBC Hurun Education Global Highschools 2025  *New to Top 10

Source: HSBC Hurun Education Global Highschools 2025  *New to Top 10

Boarding Schools

 

Winchester College overtook Eton College and Phillips Andover to become the Number One boarding school. Of the 58 boarding schools, 25 are from the UK, 24 from the US, 7 from China and 1 from each of Switzerland and Malaysia. 46 schools are co-ed schools, 8 are all-girls and only 4 are all-boys. With an average history of 203 years, they have 850 students on average, of which 160 are in their final year.

Table: World’s Top 10 Boarding Schools

Source: HSBC Hurun Education Global Highschools 2025  *New to Top 10

Day Schools

 

122 day schools made the HSBC Hurun Education Global Highschools, of which 58 are from the US, 47 from the UK, 9 from China, 2 from Singapore and Japan, one each from Canada, South Korea, India and the UAE. 89 have no boarding, whilst 33 offer some boarding, with an average of 21% boarders. Each school on average has 1,130 students, of which 130 are in their final year. They have an average of 204 years of history.

Table: World’s Top 10 Day Schools

Source: HSBC Hurun Education Global Highschools 2025  *New to Top 10

Co-Ed Schools

 

126 co-ed schools made the list.  69 are from the US, 32 from the UK, 16 from China, 2 from Singapore and Japan, 1 from each of South Korea, Malaysia, India, the UAE and Switzerland. Each school on average has 1,120 students, with 150 graduates. They have 177 years of history on average.

Table: World’s Top 10 Co-Ed Schools

Source: HSBC Hurun Education Global Highschools 2024  *New to Top 10

Boys’ Schools

 

21 boys’ schools made the list, led by St Paul’s Schools, with 16 from the UK, 4 from the US and 1 from Canada. Boston’s Roxbury Latin School overtook the Royal Grammar School Guildford, the highschool of the current UK Prime Minister Sir Keir Starmer. On average they have 1,060 students, including 140 graduates. On average, they have a history of 454 years.

Table: World’s Top 10 Boys’ Schools

Source: HSBC Hurun Education Global Highschools 2024  *New to Top 10

Girls' Schools

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34 girls’ schools made the list, led by St Paul’s Girls’ School, with 25 in the UK and 9 in the US. The average number of students was 730, of which 80 are in their final year. They have an average of 146 years of history. Lady Eleanor Holles is the oldest girls’ school on the list, dating back to 1710.

Table: World’s Top 10 Girls' Schools

Source: HSBC Hurun Education Global Highschools 2024  *New to Top 10

New Faces

 

23 schools made the list for the first time, led by Royal Grammar School, Guildford and followed by James Allen's Girls' School and King Edward VI High School for Girls. 17 are from the UK, 4 are from the US, and 2 are from China. 14 are co-ed schools, 6 are girls’ schools and 3 are boys’ schools.

Table: Top 10 Schools Newly Entered

Source: HSBC Hurun Education Global Highschools 2024  *New to Top 10

Day or Boarding School?

 

51% of the schools offer boarding, with 49% day schools only.  Of the day schools that offer some boarding, the average was 20% of the students.

Table: Day School or Boarding School

Source: HSBC Hurun Education Global Highschools 2024

Co-ed, Girls’ or Boys’ Schools?

 

69% of the schools are co-ed, with 19% girls only, and 12% boys only.

Table: Highschools by Co-ed or Single Sex Schools

Source: HSBC Hurun Education Global Highschools 2024

Size of School

 

The average school had 1,000 students, with 140 in the final year before university. 6 schools had over 2000 students, whilst 26 schools had less than 500 students.

Table: Highschools by Number of Students in School

Source: HSBC Hurun Education Global Highschools 2024

Table: Highschools by Number of Students in Final Year

Source: HSBC Hurun Education Global Highschools 2024

City or Countryside?

 

50% of the schools on the list are in suburban districts, 35% are in urban districts and 15% in rural districts. Of the 27 schools in rural districts, 24 are boarding schools.

Table: Highschools by School Environment

Source: HSBC Hurun Education Global Highschools 2024

History of Schools

 

The schools were set up in 1817 on average, 207 years ago. 2 schools have a history of over 1000 years, led by King’s School, Canterbury and Warwick School, both from the UK.

 

19 schools have a history of less than 50 years, led by 10 from the 2000s. 7 of the 10 youngest schools are from China.

Table: Highschools by Age of School

Source: HSBC Hurun Education Global Highschools 2024

The Top 10 oldest schools on the Hurun Education Schools List are all from the UK. The oldest US school on the list, New York-based The Collegiate School, dates back to 1628.

Table: Oldest Schools from the Hurun Education Global Highschools

Source: HSBC Hurun Education Global Highschools 2024  *New to Top 10

Age Group

 

The most common intakes for the schools is at Kindergarten (31%), at 11 years (22%), at 13 years (20%) and 14 years (13%).

 

In the UK, the main starting points after primary school are aged 11 for the last seven years before university, or aged 13 for the last five years and age of 16 for the last two years. In the US, the main starting point is aged 14 for the last four years.

Tuition Fees

 

The average annual fees for a day school in the academic year 2022/2023 was US$45,000, and for a boarding school was US$61,000. The most expensive was Institute Le Rosey in Switzerland, at US$162,000 for a year’s boarding.

 

US schools are 32% more expensive than UK schools on average. The average annual fees for day school in the US at US$58,000 compared to US$44,000 in the UK. For boarding schools, fees were US$70,000 in the US and US$56,000 in the UK.

 

 

Methodology

 

The HSBC Hurun Education Global Highschools 2024 is a ranking of the top independent highschools in the world. This is the second year of the list.

 

Coming up with the methodology for the ranking took several years.

 

Hurun Education only considered fulltime schools with physical campuses. Hurun Education defined ‘independent’ schools as non-government schools or non state-owned schools.

 

Hurun Education first put together a ‘long list’ of 500 non-state schools in the world, and then ranked the schools according to College Matriculation aka Leavers’ University Destinations (60%), Co-Curricular Activities (20%) and Reputation.

 

For Leaver Destinations, Hurun Education applied an average score per leaver for the three years of 2021, 2022 and 2023, with a bonus score for less selective schools. Hurun Education only considered leaver destinations, also known as college matriculations. Offers were not considered. Some schools, that ought perhaps to have made the list, but that provide no publically available details of their leaver destinations, were not included.

 

Hurun Education divided universities into four groups, based on a combination of the global university rankings by QS, US News and the Times, together with input from university counsellors from several leading highschools. Leavers going to the first group of universities were assigned 4 points, the second group 3 points and the third group 2 points.

 

For Co-Curricular Activities (CCAs), defined as core components of the non-academic curriculum, including Sports, Creative and Performing Arts and Music, Hurun Education took into account the quality of the coaching staff (70%) and the facilities provided (30%) within a 20-minute drive from the school.

 

For Reputation, Hurun Education took into account the desirability of the school, the current alumni network alive today and its inclusivity as represented by Financial Aid.

 

Hurun Education would like to thank the many university counsellors and study abroad advisers for their input into this list.

 

If you are a parent looking to find out more about these schools, or a school, or would like to find out more about the list, please contact schools@hurun.net.

HSBC Hurun Education Global Highschools 2024

Source: Hurun Education

About HSBC

HSBC is one of the world’s largest banking and financial services organizations, serving approximately 42 million customers through its global businesses: Wealth and Personal Banking (including Global Private Banking), Commercial Banking, and Global Banking & Markets. HSBC’s network covers over 60 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.

 

HSBC Group has continued to invest in the Chinese mainland and double down on its wealth management business, spanning across wealth, private banking, insurance, asset management and fintech. Under the total wealth matrix in the Chinese mainland, HSBC is harnessing synergies and leveraging the three key financial service brands of "Premier", "Global Private Banking" and "Personal Wealth Planning" to focus on wealth risk management and asset allocation.

 

As one of the leading international financial institutions in the Chinese mainland, HSBC Bank (China) Company Limited (“HSBC China”) has banking outlets across about 50 cities, which is the largest service network covering the widest geographical reach by any international bank in the Chinese mainland. With knowledge of the local market and international operations, HSBC China is able to provide customers with a wide range of international financial and banking services, connecting customers to opportunities in both local and global markets.

 

HSBC China Website: https://www.hsbc.com.cn/

About Hurun Education

Hurun Education is the education platform of Hurun Inc. Hurun Education started out in 2008, with the launch of the Best of British Education, the first of the Hurun Schools Guide Series, targeting Chinese parents who were thinking of sending their children to study abroad.  The series expanded to cover the US, Canada, Australia, Switzerland, New Zealand, Singapore and Hong Kong, as well as the Best of Cultural and Creative Arts.

 

Hurun Education is best known for putting out definitive rankings. Its flagship is the Hurun Global Highschools List, a ranking of the world’s best independent highschools in the world put out in June 2023 in association with HSBC bank.

 

Other lists include a universities ranking, based on the alumni that produce the most individuals from the Hurun Rich List, as well as the most successful education entrepreneurs and donors to the education sector.

 

 

About Hurun Inc.

Promoting Entrepreneurship Through Lists and Research

Oxford, Shanghai, Mumbai

 

Established in the UK in 1999, Hurun is a research, media and investments group, promoting entrepreneurship through its lists and research. Widely regarded as an opinion-leader in the world of business, Hurun generated 8 billion views on the Hurun brand last year, mainly in China and India.

 

Best-known today for the Hurun Rich List series, telling the stories of the world’s successful entrepreneurs in China, India and the world, Hurun’s other key series is the Hurun Start-up series, ranking the world’s unicorns and future unicorns, as well as giving recognition to young start-up founders.

 

Hurun has grown to become the world’s largest researcher and list compiler of startups, ranking 4000 startups across the world through its annual Unicorns list (US$1bn+), and two future unicorn lists (Gazelles from US$500mn, and Cheetahs from US$300mn).

 

For the young start-up founders, Hurun has created the Under30s, Under35s and Under40s awards, representing the cream of young entrepreneurs who have founded businesses with a social impact and worth around US$10mn, US$50mn and US$100mn respectively.

 

Other lists include the Hurun Global Highschools List, ranking the world’s best independent highschools, the Hurun Philanthropy List, ranking the biggest philanthropists, the Hurun Art List, ranking the world’s most successful artists alive today, etc…

 

Hurun provides research reports co-branded with some of the world’s leading financial institutions, real estate developers and regional governments.

 

Hurun hosts high-profile events across China and India, as well as London, Paris, New York, LA, Toronto, Sydney, Luxembourg, Istanbul, Dubai and Singapore.

 

For further information, see www.hurun.net.

 

 

For media inquiries, please contact:

Hurun Report

Porsha Pan

Tel: +86-21-50105808*601

Mobile: +86-139 1838 7446

Email: porsha.pan@hurun.net

 

Grace Liu

Tel: +86-21-50105808

Mobile: +86 136 7195 4611

Email: grace.liu@hurun.net

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