1932 Országos Bajnokság I (men's water polo)

1932 Országos Bajnokság I (men's water polo) was the 26th water polo championship in Hungary. There were nine teams whose divided into two groups because of the Olympics. Group A played for the championship, here were five teams who played one-round match for the title. Group B played avoid relegation, here were four teams who played two-round match. At the end of the regular season the Group A 5th place team and the Group B 1st team played placement match for fifth place.

Group A
 * M: Matches W: Win D: Drawn L: Lost G+: Goals earned G−: Goals got P: Point 

Placement match
Fifth place game: MOVE Eger SE–Szegedi UE 4:2