About Nobel Prize
• The will of the Swedish scientist Alfred Nobel established the prizes in 1895.
• The prizes in Chemistry, Literature, Peace, Physics, and Physiology or Medicine were first awarded in 1901.
• In 1968, Sweden's central bank Sveriges Riksbank established the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, which, although not being a Nobel Prize, has become commonly known as the Nobel Prize in Economics.
• The Nobel Prize is widely regarded as the most prestigious award available in the fields of literature, medicine, physics, chemistry, economics and activism for peace.
• The Royal Swedish Academy of Sciences awards the Nobel Prize in Physics, the Nobel Prize in Chemistry, and the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
• The Nobel Assembly at the Karolinska Institute awards the Nobel Prize in Physiology or Medicine; the Swedish Academy grants the Nobel Prize in Literature; and the Nobel Peace Prize is awarded by the Norwegian Nobel Committee.
• The prize is not awarded posthumously; however, if a person is awarded a prize and dies before receiving it, the prize may still be presented.