Is there any faster method for division of large integers(having 1000 digits or more) other than the school method?
Wikipedia lists multiple division algorithms. See Computational complexity of mathematical operations which lists Schoolbook long division as O(n^2) and Newton's method as M(n) where M is the complexity of the multiplication algorithm used, which could be as good as O(n log n 2^(log*n)) asymptotically.
Note from the discussion of one of the multiplication algorithms that the best algorithm asymptotically is not necessarily the fastest for "small" inputs:
In practice the Schönhage–Strassen algorithm starts to outperform older methods such as Karatsuba and Toom–Cook multiplication for numbers beyond 2^(2^15) to 2^(2^17) (10,000 to 40,000 decimal digits). The GNU Multi-Precision Library uses it for values of at least 1728 to 7808 64-bit words (111,000 to 500,000 decimal digits), depending on architecture. There is a Java implementation of Schönhage–Strassen which uses it above 74,000 decimal digits.
来源：https://stackoverflow.com/questions/9257612/division-of-large-numbers