1994–95 Ball State Cardinals men's basketball team

The 1994–95 Ball State Cardinals men's basketball team represented Ball State University in the 1994–95 NCAA Division I men's basketball season. The team was led by second-year head coach Ray McCallum and played their home games at Worthen Arena in Muncie, Indiana as a member of the Mid-American Conference. They finished the season 19–11, 11–7 in MAC play to finish in fourth place. They defeated Bowling Green State, Miami (OH), and Eastern Michigan to win the MAC tournament championship. As a result, they received the conference's automatic bid to the NCAA tournament as the No. 12 seed in the Southeast region. There they lost to Arizona State in the first round.

Previous season
The Cardinals finished the 1993–94 season 16–12, 11–7 in MAC play to finish in fourth place. They defeated Toledo in the quarterfinals of the MAC tournament before losing to Ohio in semifinals.

Schedule and results
!colspan=9 style=| Non-conference regular season

!colspan=9 style=| MAC regular season

!colspan=9 style=| MAC tournament

!colspan=9 style=| NCAA tournament