| Academy Award Nominations and Winners: |
| Best Picture |
| ★ | Best Director: Bob Fosse |
| ★ | Best Actress: Liza Minnelli |
| ★ | Best Supporting Actor: Joel Grey |
| Best Adapted Screenplay: Jay Presson Allen |
| ★ | Best Cinematography: Geoffrey Unsworth |
| ★ | Best Art Direction: Rolf Zehetbauer; Hans Jürgen Kiebach & Herbert Strabel |
| ★ | Best Film Editing: David Bretherton |
| ★ | Best Original Song Score and/or Adaptation Score: Ralph Burns |
| ★ | Best Sound: Robert Knudson and David Hildyard |
|
| Golden Globe Nominations: |
| ✓ | Best Picture (Musical/Comedy) |
| Best Director: Bob Fosse |
| ✓ | Best Actress (Musical/Comedy): Liza Minnelli |
| Best Supporting Actress: Marisa Berenson |
| ✓ | Best Supporting Actor: Joel Grey |
| Best Screenplay: Jay Presson Allen |
| Best Original Song: "Mein Herr" |
| Best Original Song: "Money, Money" |
| Most Promising Newcomer (Female): Marisa Berenson |
|
| Other Awards: |
| Writers Guild of America: Best Adapted Screenplay (Comedy) |
| National Society of Film Critics: Best Supporting Actor (Grey; tie) |
| National Board of Review: Best Picture; Best Director; Best Supporting Actress (Berenson); Best Supporting Actor (Grey; tie) |
| British Academy Awards (BAFTAs): Best Picture; Best Director; Best Actress (Minnelli);
Most Promising Newcomer (Grey); Best Cinematography; Best Art Direction; Best Sound |