The participants are awarded gold, silver and bronze medals in accordance with their performance.
The main purpose of this competition is to help in selecting students to represent Brazil at the International Mathematical Olympiad.
The University level is maintained, in two phases, but it counts on the individual registration of the undergraduate student.
The event is also annual, however exclusive to female students from 8th grade onwards.
Moreover, since 2022, students in Middle and High School can also subscribe themselves to participate in Competição Jacob Palis Jr. de Matemática (named after Brazilian mathematician Jacob Palis), in which the awarded students can take part in the OBM edition of the same year (female students who are awarded also compete in the following edition of TM²).