After each Examination Series the Institute will automatically be sending Prizes and Awards to those who have performed exceptionally well in any Examination Subject.

In addition to those whose performance deserves recognition in an Examination Series, every ICM Centre may nominate a student for a special Award if the Centre Principal, Director of Studies or Registrar believes that the individual concerned deserves recognition for their attitude, relationship with their fellow students, dedication to their studies, charitable work with their local community or contribution to their local economy.