It is a medal awarded to people who have made relevant contributions to the mathematical sciences. Also known as the "International Medal of Outstanding Mathematical Discoveries," the Fields Medal is awarded every four years at the International Congress of the International Union of Mathematics (IMU) to two, three, or four mathematicians, typically up to 40 years old. . For many, it is the greatest honor a mathematician can receive compared to a "Nobel Prize".

The first medal was awarded in 1936 to Finnish mathematician Lars Ahlfors and US mathematician Jesse Douglas. The idea is to recognize and support young mathematical researchers who have contributed significantly to this field of science. In 2014, Brazilian Artur Ávila became the first Latin American mathematician to be awarded the Fields Medal.