Cash
In 2024 the prize pool comprises more than A$100,000 in the East Division, and more than A$80,000 in the West Division. The Hofflin Prize and additional Merit Prizes are again on offer in both Divisions. The Stonehage Fleming Charitable Foundation, Jane Street and Optiver are funding prizes for high-performing students that top the individual or pairs ranking at their own universities, while both IMC and Jane Street are funding additional prizes - see details here.
The amounts stated below for Top 10 Individual prizes, Top 10 Pairs prizes and Top 3 University prizes are those for the East Division. The amounts of the corresponding prizes for the West Division in 2024 are 90% of those in the East Division, in accordance with Rule 7.4. All prize amounts are stated in Australian dollars, and for non-Australian recipients are subject to foreign exchange rates and charges.
The amounts stated below for Top 10 Individual prizes, Top 10 Pairs prizes and Top 3 University prizes are those for the East Division. The amounts of the corresponding prizes for the West Division in 2024 are 90% of those in the East Division, in accordance with Rule 7.4. All prize amounts are stated in Australian dollars, and for non-Australian recipients are subject to foreign exchange rates and charges.
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Individual prizes:
First: A$5,000 Second: A$3,500 Third: A$1,500 Fourth to Tenth: A$1,000 each Pairs prizes: First: A$10,000 Second: A$7,000 Third: A$3,000 Fourth to Tenth: A$2,000 each |
University prizes:
First: A$15,000 Second: A$12,000 Third: A$8,000 Australia-only prizes: Best individual entry: A$1,500 Best pairs entry: A$3,000 For more details (e.g., regarding ties), see the Rules page. |
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Hofflin Prize
Eligibility: All entrants in both Divisions, individuals and pairs. Awarded for: Most creative solution to any problem in the Competition. Amount: A$3,000 (A$1,500 each if won by a pair). Merit Prizes
Eligibility: All entrants in both Divisions, individuals and pairs, who do not receive a Top 10 prize or the Hofflin Prize. Awarded for: Creative or insightful work on any problem, including the open problem. Amount: A$1,000 for individuals and A$2,000 for pairs, subject to reduction if necessary to ensure that the amount does not exceed that of any Top 10 prizes in the same Division and category. Number of prizes: In the East Division, a maximum of 4 to individuals and maximum of 4 to pairs, up to a maximum total of A$10,000. In the West Division: a maximum of 3 to individuals and maximum of 3 to pairs, up to a maximum total of A$8,000. Best-in-University Prizes
Eligibility: All entrants in both Divisions, individuals and pairs. Awarded for: Highest score at the entrant's University in their category (individual or pairs), subject to a quantile ranking cut-off, equal for individuals and pairs, to be determined by the Organisers. Amount: A$200 for individuals and A$400 for pairs (A$200 per student), shared in case of ties, with the minimum being A$100 for individuals and A$200 for pairs (A$100 per student). Acknowledgements: Funding for the Best-in-University Prizes is provided by the Stonehage Fleming Charitable Foundation and by Optiver (for entrants in Australia, New Zealand, and Singapore) and Jane Street (for entrants in India, Hong Kong and South Korea and the West division). |
IMC Prizes for Performance on the Hardest Problem
Eligibility: All entrants in Australia and New Zealand, individuals and pairs. Awarded for: Highest scores among eligible entrants on the hardest problem in the Competition, as determined by the average scores per problem. Ties broken if possible by scores on the other problems, in order of increasing average score. Amount: A$1,000 per person, shared in case of ties. Number of prizes: 3, with an un-tied pair awarded 2. IMC Prizes for Female and Gender Diverse Entrants
Eligibility: Entrants in Australia and New Zealand, individuals and pairs, who identify their gender as other than male. Awarded for: Highest placings among eligible entrants in either individual or pairs category, as determined by quantile ranking. Amount: A$1,500 per person, shared in case of ties, including between members of an eligible/non-eligible pair. Number of prizes: 3, with an un-tied eligible pair awarded 2. Acknowledgement: Funding for the IMC Prizes is provided by IMC. Jane Street Prizes for Female and Gender Diverse Entrants
Eligibility: Entrants in the East Division outside Australia and New Zealand, individuals and pairs, who identify their gender as other than male. Awarded for: Highest placings among eligible entrants in either individual or pairs category, as determined by quantile ranking. Amount: A$2,000 per person, shared in case of ties, including between members of an eligible/non-eligible pair. Number of prizes: 5, with an un-tied eligible pair awarded 2. Acknowledgement: Funding for the Jane Street Prizes is provided by Jane Street. |