| Academy Award Nominations and Winners: | 
| ★ | Best Picture | 
| ★ | Best Director: James Cameron | 
 | Best Actress: Kate Winslet | 
 | Best Supporting Actress: Gloria Stuart | 
| ★ | Best Cinematography: Russell Carpenter | 
| ★ | Best Art Direction: Peter Lamont; Michael Ford | 
| ★ | Best Costume Design: Deborah Lynn Scott | 
| ★ | Best Film Editing: Conrad Buff IV, James Cameron, and Richard A. Harris | 
| ★ | Best Original Score (Drama): James Horner | 
| ★ | Best Original Song: "My Heart Will Go On" | 
| ★ | Best Sound: Gary Rydstrom, Tom Johnson, Gary Summers, Mark Ulano | 
| ★ | Best Sound Effects: Tom Bellfort & Christopher Boyes | 
| ★ | Best Visual Effects: Robert Legato, Mark A. Lasoff, Thomas L. Fisher, and Michael Kanfer | 
 | Best Makeup: Tina Earnshaw, Greg Cannom, and Simon Thompson | 
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| Golden Globe Nominations and Winners: | 
| ★ | Best Picture (Drama) | 
| ★ | Best Director: James Cameron | 
 | Best Actress (Drama): Kate Winslet | 
 | Best Actor (Drama): Leonardo DiCaprio | 
 | Best Supporting Actress: Gloria Stuart | 
 | Best Screenplay: James Cameron | 
| ★ | Best Original Score: James Horner | 
| ★ | Best Original Song: "My Heart Will Go On" | 
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| Other Awards: | 
 | Directors Guild of America: Best Director | 
 | Producers Guild of America: Best Picture | 
 | Screen Actors Guild Awards: Best Supporting Actress (Stuart; tie) | 
 | Los Angeles Film Critics Association: Best Production Design | 
 | National Board of Review: Special Achievement Award (Cameron) | 
 | Satellite Awards: Best Picture (Drama); Best Director; Best Art Direction; Best Costume Design; Best Film Editing; 
Best Original Score; Best Original Song |