Pop star Ariana Grande will host the 2014 MTV Video Music Awards this Sunday on August 24, 2014.

In addition, the 21-year old will also perform her new song 'Bang Bang' with Nicki Minaj and Jessie J at the award show, which airs live at 9pm at The Forum in Inglewood, California and it can also be watched online through live stream via the link provided below.

"To go from performing on the pre-show last year to opening the VMAs this year is utterly insane-and just too crazy to process," said Grande to E! News on Tuesday.

"And I feel like I won't actually process it until after it happens, and then I'll process it as I'm watching it, and then I'll be l like...[whoa] OK, that happened."

'Anaconda' rapper Nicki Minaj echoed the young singer's sentiment regarding their upcoming performance.

"The VMAs is a pretty big deal so people go all out for it," said Minaj, "I am very, very excited and looking forward to the performance."

English singer Jessie J also broke her silence regarding the trio's much anticipated act in a few days.

"When I was the VMA House Artist in 2011 I had a broken foot and I sat on the side stage dreaming about being on that main stage," said Jessie J in an announcement, according to the Independent report.

"So when I say that this performance is a dream come true for me, I truly mean it. And to be able to share this moment with superstars like Ariana & Nicki, it's going to be such an amazing night!"

Beyonce is nominated for eight awards including Best Female Video for "Partition" and Best Collaboration for "Drunk in Love," which she performed with husband Jay Z.

Mrs. Carter will also receive the 'Michael Jackson Video Vanguard Award' in honor of her legendary career in the music business.

Here are some of the nominations for Sunday's awards show:

In the 'Best Male Video' group, candidates include "All of Me" by John Legend, Eminem for "The Monster" featuring Rihanna, "Happy" by Pharrell Williams, "Sing" by Ed Sheeran featuring Pharrell Williams, and "Stay with Me" by Sam Smith.

In the 'Best Female Video' category, "Problem" by Ariana Grande featuring Iggy Azalea, "Partition" by Beyoncé, "Fancy" by Iggy Azalea featuring Charli XCX, "Dark Horse" by Katy Perry featuring Juicy J and "Royals" by Lorde.

'Video of the Year' nominees consist of "Happy" by Pharrell Williams, "Fancy" by Iggy Azalea featuring Charli XCX, "Wrecking Ball" by Miley Cyrus, "Chandelier" by Sia and Beyoncé's "Drunk in Love" featuring Jay-Z.

Be sure to find out which performers will compete for the MTV Moonman awards at the 2014 MTV Video Music Awards.

The 2014 MTV Movie Awards airs this Sunday, August 24 at 9:00 p.m. ET/PT on MTV. The awards show can also be viewed online through live stream by clicking here.