The medal is awarded annually to a maximum of thirty junior scientists in recognition of outstanding scientific achievement. Up to ten awardees are selected in each of three thematized sections: 1) Biological-Medical, 2) Chemical-Physical-Engineering, and 3) Social Science-Humanities. It is accompanied by a monetary award of €7,500. Medalists are awarded during a ceremony at the General Meeting of the Max Planck Society, taking place annually in alternating locales in Germany.
