The two films, which have already picked up early awards, will compete for the Best Picture at the 17th annual Critics' Choice Awards, as selected by the Broadcast Film Critics Association in America.
George Clooney (The Descendants), Jean Dujardin (The Artist), Ryan Gosling (Drive), Brad Pitt (Moneyball), Michael Fassbender (Shame) and Leonardo DiCaprio (J. Edgar) will compete for the Best Actor prize.
Christopher Plummer, Albert Brooks, Kenneth Branagh, Nick Nolte, Patton Oswalt, Andy Serkis, Octavia Spencer, Shailene Woodley, Berenice Bejo, Melissa McCarthy, Jessica Chastain and Carey Mulligan will compete for the supporting actor and actress prizes.
Meanwhile, Alexander Payne (The Descendants), Michel Hazanavicius (The Artist), Nicholas Winding Refn (Drive), Steven Spielberg (War Horse), Martin Scorsese (Hugo) and Stephen Daldry (Extremely Loud and Incredibly Close) will fight it out for Best Director.
The Critics' Choice Awards take place on January 12.