The 2014 Indiana University Prize for Altaic Studies, also known as the PIAC Medal, was awarded to Mongolian scholar D. Tserensodnom.

Prof. Tserensodnom received the medal during a ceremony held in at the premises of the Academy of Sciences of Mongolia, Ulaanbaatar, in January 2015. The academic world of Mongolia takes particular pride in this award as it is only the second time in 50 years that this prize was awarded to a Mongolian. The first Mongolian scholar to receive the medal was B. Rinchen.

There was extensive media coverage on television, nation-wide newspapers and academic journals of this event.