| Academy Award Nominations and Winners: |
| ★ | Best Picture |
| Best Director: Hugh Hudson |
| Best Supporting Actor: Ian Holm |
| ★ | Best Orignial Screenplay: Colin Welland |
| ★ | Best Costume Design: Milena Canonero |
| Best Film Editing: Terry Rawlings |
| ★ | Best Original Score: Vangelis |
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| Golden Globe Nominations and Winners: |
| ★ | Best Foreign Film |
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| Other Awards: |
| Cannes Film Festival: Best Supporting Actor (Holm); Prize of the Ecumenical Jury (Special Mention) |
| New York Film Critics Circle: Best Cinematography (David Watkin) |
| National Board of Review: Best Picture (tie) |
| British Academy Awards (BAFTAs): Best Picture; Best Supporting Artist (Holm); Best Costume Design |