The movie eventually received 25 film festival awards, including Grand Prizes from the New Orleans Film Festival and the USA Film Festival.
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Jim the World's Greatest was an official selection of the USA Film Festival.
During his studies at the American Film Institute, Mandel received the Alfred Hitchcock Award for his thesis film, Night at O'Rears, which then went on to win the First Prize at Filmex in Los Angeles, First Prize at the USA Film Festival in Dallas, Texas; and was exhibited at the New York Film Festival at Lincoln Center.