Academy awards |
| 1974 year 47th |
| Best motion picture of the year | | Winner |
| Performance by an actor in a leading role | Al Pacino | Nomination |
| Best Supporting Actor | Robert DeNiro | Winner |
| Best Supporting Actor | Michael V. Gazzo | Nomination |
| Best Supporting Actor | Lee Strasberg | Nomination |
| Best Supporting Actress | Talia Shire | Nomination |
| Achievement in cinematic direction | Francis Ford Coppola | Winner |
| Original Dramatic Score | Carmine Coppola | Winner |
| Original Dramatic Score | Nino Rota | Winner |
| Best Production Design | George R. Nelson | Winner |
| Best Production Design | Angelo P. Graham | Winner |
| Best Production Design | Dean Tavoularis | Winner |
| Costume Design | Theadora Van Runkle | Nomination |
| Writing Adapted Screenplay | Mario Puzo | Winner |
| Writing Adapted Screenplay | Francis Ford Coppola | Winner |
Golden Globe Awards |
| 1974 year 32th |
| Best Motion Picture – Drama | | Nomination |
| Best Performance by an Actor in a Motion Picture – Drama | Al Pacino | Nomination |
| Best Director - Motion Picture | Francis Ford Coppola | Nomination |
| Best Screenplay - Motion Picture | Francis Ford Coppola | Nomination |
| Best Screenplay - Motion Picture | Mario Puzo | Nomination |
| Best Original Score - Motion Picture | Nino Rota | Nomination |