New Zealand institutes
New Zealand has many state-funded universities, the Institutes of Technology and Polytechnics (ITP), which have been merged into the New Zealand Institute of Skills and Technology (NZIST), and many private educational institutions (PTEs), including English schools. . New Zealand's education system ranks first in the world. New Zealand universities are all ranked in the top 3 percent of the world by QS World University Rankings 2018 and are ranked in the top 100 universities in the world in 39 out of 46 subjects. The qualifications and degrees obtained at New Zealand universities are all internationally recognized.