<Tr> <Th> Website </Th> <Td> mathunion.org/general/prizes/fields/details </Td> </Tr> <P> The Fields Medal is a prize awarded to two, three, or four mathematicians under 40 years of age at the International Congress of the International Mathematical Union (IMU), a meeting that takes place every four years . </P> <P> The Fields Medal is regarded as one of the highest honors a mathematician can receive, and has been described as the mathematician's "Nobel Prize". According to Academic Excellence Survey by ARWU, the Fields Medal is the top award in the field of mathematics worldwide, and in another reputation survey conducted by IREG in 2013 - 14, the Fields Medal came closely after the Abel Prize as the second most prestigious international award in mathematics . </P> <P> The prize comes with a monetary award which, since 2006, has been CA $15,000 . The name of the award is in honor of Canadian mathematician John Charles Fields . Fields was instrumental in establishing the award, designing the medal itself, and funding the monetary component . </P>

The prize considered equivalent to nobel prize for mathematics is