Belfast actor Ciaran Hinds and producer Mark Huffam, who grew up in Ballyclare, were presented with the awards on Monday.
Hinds, who studied law at QUB before embarking on his acting career, has featured in blockbusters including Harry Potter and the Deathly Hallows Part 2, Road To Perdition and Munich.
He is currently playing Mance Rayder in the Game of Thrones series.
Of his honorary degree, he said: "I feel honoured, and quite humbled, to be considered worthy of an honorary degree from such a prestigious academic institution as Queen's University."
Mark Huffam has been a producer for 25 years and has worked on major shows such as Saving Private Ryan, Captain Corelli's Mandolin, Mamma Mia! and the first series of Game of Thrones.
He set up Generator Entertainment in Belfast in 2008 to develop and produce independent films which have so far included Cherrybomb and Killing Bono, and was awarded a CBE in 2011.
Huffam said: "This is such an honour for me, especially when it comes from such a prestigious university as Queen's. The film industry is currently thriving in Northern Ireland and it's great to see such a buzz around the various productions taking place here.
"I hope it continues and grows even stronger."