In 2012 and 2015, the Lviv Physics and Mathematics Lyceum was ranked first among high schools in Ukraine by Focus magazine.

[3] Students of the lyceum are frequently among the top participants at the National Olympiads.

LPML students often represent Ukraine at various International Olympiads, including Physics (IPhO), Mathematics (IMO), and Chemistry (IChO).

Those who wish to study at the LPML have to pass an entry exam, with top performers offered admission.

Students who previously won regional Olympiads are offered early admission without writing the entrance exam.