Kusturica is the winner of two Palme d'Or awards for his films "When Father Was Away on Business" (1985) and "Underground" (1995), as well as the Director's Prize for "Time of the Gypsies" (1989).
Kusturica "When Father Was Away on Business/Babam İş Gezisindeyken" (1985) ve "Underground/Yeraltı" (1995) filmleriyle iki Altın Palmiye, "Time of the Gypsies/Çingeneler Zamanı" filmiyle de En İyi Yönetmen ödülü sahibi.