Iraola is joined by the likes of Pep Guardiola and Mikel Arteta.
He said on Friday: "For me they are on different level. They are fighting for titles and Champions Leagues, they have shown more things than me.
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"It was one of the reasons I came here, to play against them and improve as a manager. It's good for me and I'm also happy for the club to receive this kind of recognition.
"It's not about the nomination, it's about the season. The season has been very good and the players have progressed really well.
"I've enjoyed it. Normally as a manager, enjoying a season doesn't happen a lot but I've been enjoying it with the players. They are the ones that deserve some recognition."