As well as David Greenaway and David Eastwood, there are also knighthoods for neuroscientist Colin Blakemore, psychologist Cary Cooper, historian Thomas Devine, theoretical physicist Thomas Bannerman and 鈥淧rofessor Risk鈥, statistician David Spiegelhalter.
Michael Owen, director of the Medical Research Centre鈥檚 MRC Centre for Neuropsychiatric Genetics and Genomics at Cardiff University, is also knighted, as is vice-president of the Royal Society John Pethica and Richard Sorabji, emeritus professor of philosophy at King鈥檚 College London.
Jessica Corner, dean of health sciences at University of Southampton, is made a dame for services to healthcare, research and education.
She is inducted into the damehood alongside Hollywood actress Angelina Jolie, who is made an honorary dame for her charitable work seeking to end sexual violence in warzones.
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Others from higher education to receive honours include Bob Cryan, vice-chancellor of the University of Huddersfield 鈥 the 2013 糖心Vlog University of the Year - who is made a Commander Officer of the British Empire.
Professor Greenaway, who has led Nottingham since 2008, said he was 鈥渟peechless鈥 when he heard the news of his knighthood.
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Sir David said he was 鈥減roud to have spent most of my working life at Nottingham鈥 and said the knighthood was 鈥渏ust as much an honour for the university as it is for me鈥.
In 2011, both he and Sir David Eastwood launched a groundbreaking partnership between Nottingham and Birmingham with joint working on academic appointments, research, degrees and overseas ventures.
Professor Cryan, who graduated from Huddersfield in engineering before returning to lead the organisation in 2007, said he was 鈥渄eeply humbled and extremely grateful鈥 to receive the honour.
The university鈥檚 chancellor, actor Sir Patrick Stewart congratulated Professor Cryan on his achievement, saying 鈥渁s a friend, I could not be prouder or more thrilled鈥.
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Others to receive a CBE include Nicholas Crafts, professor of economic history at the聽University of Warwick, David Delpy, the former chief executive of the Engineering and Physical Sciences Research Council and Steve Egan, deputy chief executive of聽the Higher聽Education Funding Council for England.
Former principal and vice-chancellor of the University of the Highlands and Islands James Mackenzie is also made a CBE, as is Hilary Graham, professor of health sciences at the University of York
Colin Jones, professor of history at Queen Mary University of London, Catherine Law, professor of public health and epidemiology at University College London and Denise Lievesley, professor of statistics at King鈥檚 College London are also made CBEs.
Jeremy Sanders, pro vice-chancellor for institutional affairs at the University of Cambridge, Susan Vinnicombe, director of the International Centre for Women Leaders at Cranfield University, Alan Walker, professor of social policy and social gerontology at the University of Sheffield and Michael Worton, former vice-provost of University College London also collect CBEs.
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