The award recognizes individuals who have made significant contributions in the following categories:
* Emergent Leadership: For individuals who have demonstrated exceptional leadership potential and a commitment to service in their communities.
* Public Service: For individuals who have made significant contributions to public service in their respective countries.
* Community Leadership: For individuals who have led impactful initiatives that benefit their communities.
* Journalism, Literature, and Creative Communication Arts: For individuals who have used their skills to promote social justice and raise awareness of critical issues.
* Peace and International Understanding: For individuals who have worked to foster peace and understanding between nations.
Therefore, the Magsaysay Award is not limited to any particular profession, but rather recognizes individuals who have made remarkable contributions to society in various fields.