| Academy Award Nominations and Winners: |
| Best Picture |
| Best Director: Martin Scorsese |
| Best Adapted Screenplay: John Logan |
| ★ | Best Cinematography: Robert Richardson |
| ★ | Best Art Direction: Dante Ferretti; Francesca Lo Schiavo |
| Best Costume Design: Sandy Powell |
| Best Film Editing: Thelma Schoonmaker |
| Best Original Score: Howard Shore |
| ★ | Best Sound Mixing: Tom Fleischman & John Midgley |
| ★ | Best Sound Editing: Philip Stockton & Eugene Gearty |
| ★ | Best Visual Effects: Rob Legato, Joss Williams, Ben Grossman, and Alex Henning |
|
| Golden Globe Nominations and Winners: |
| Best Picture (Drama) |
| ★ | Best Director: Martin Scorsese |
| Best Original Score: Howard Shore |
|
| Other Awards: |
| Los Angeles Film Critics Association: Best Production Design (Dante Ferretti) |
| Boston Society of Film Critics: Best Director |
| National Board of Review: Best Picture; Best Director |
| British Academy Awards (BAFTAs): Best Production Design; Best Sound |
| Satellite Awards: Best Visual Effects |