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Six Nobel Prizes are awarded each year, one in each of the following categories: literature, physics, chemistry, peace, economics, and physiology & medicine. Notably absent from this list is an award for Mathematics. The reason for this conspicuous omission has been subject of extensive speculations. A source for this is http://www.snopes.com/science/nobel.asp.

The most convincing explanation is the fact that the Swedish King had already established a prize for mathematics. It may also be that Nobel was more interested in areas of science that in his view had direct practical application.

The prize in mathematics considered the equivalent of the Nobel Prize is the Fields Medal, though it is not quite comparable as it is awarded to younger researchers, under 40.

See http://en.wikipedia.org/wiki/Fields_Medal.

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Q: Why is there no prize for mathematics?
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When was The Taylor Prize in Mathematics created?

The Taylor Prize in Mathematics was created in 1977.


When was Wolf Prize in Mathematics created?

Wolf Prize in Mathematics was created in 1978.


Which award in mathematics is equivalent to Nobel Prize?

the abel prize


Which award in mathematics is considered to be the equivalent of the nobel prize?

abel prize


How can ratio of mathematics novel prize winner increase?

First, there is no Nobel Prize in mathematics. Second, ratio of what to what? The Nobel Prizes (in physics, chemistry, and others, but NOT in mathematics) are given out once a year.


Abel prize is awarded in the field of?

mathematics


Why was the mathematics Nobel Prize established?

It wasn't.


The Nobel Prize is not awarded for accomplishments in this field?

Mathematics


Where is the origin of the word Nobel Prize?

A man, Alfred Nobel. who made a fortune from explosives, left a large fund for these prizes. Oddly he did not fund a mathematics prize, Rumor is that he disliked Neils Abel and feared that he would get the prize in mathematics if it existed.


Which Award of mathematics is equal to Nobel Prize?

Abel Prize is equal to nobel prize and it is an international prize presented annually by the King of Norway,It has often been described as the mathematician's Nobel prize


Who won the first Nobel Prize in maths?

till now nobel prize haven't given in mathematics because mathematics is considered as a non spoken language but it can be written and calculated , where you can't create any new


Why is mathematics is not given the Nobel prize?

Because the founder of the Nobel Prize, Alfred Nobel, did not specify an award for mathematics. He left very specific instructions in his will, and the disciplines for which there would be a Nobel prize were spelled out: physics, chemistry, physiology or medicine, literature and peace. There have been some debates over the years about adding a new prize, but the Board of Directors decided to remain true to the instructions Nobel left. That said, other agencies have created awards for Mathematics, such as the Fields Medal. But it is unlikely there will be a Nobel Prize.