2023–24 Indiana State Sycamores men's basketball team

The 2023–24 Indiana State Sycamores men's basketball team represented Indiana State University during the 2023–24 NCAA Division I men's basketball season. The Sycamores, led by third-year head coach Josh Schertz, played their home games at the Hulman Center in Terre Haute, Indiana as members of the Missouri Valley Conference. The team finished the season 32–7, 17–3 in MVC play to win the regular season championship. They defeated Missouri State and Northern Iowa before losing to Drake in the MVC tournament championship game. They received a bid to the National Invitation Tournament as a No. 1 seed. They defeated SMU, Minnesota, Cincinnati, and Utah to advance to the NIT championship game. There they lost to Seton Hall.

On February 12, 2024, the Sycamores were ranked in the AP poll for the first time since the 1978–79 season. Consecutive losses to Illinois State and Southern Illinois right after they were ranked took them out of the poll after just one week.

On March 17, in a move that drew criticism, Indiana State was omitted from the NCAA tournament by the selection committee, instead receiving a bid to the National Invitation Tournament as a No. 1 seed. The Sycamores were the highest NET ranked team (at 28 nationally) to miss the NCAA tournament.

On April 6, head coach Josh Schertz left the school to become the head coach at Saint Louis. On April 11, the school named associate head coach Matthew Graves the team's new head coach.

Previous season
The Sycamores finished the 2022–23 season 23–13, 13–7 in MVC play, to finish in fifth place. They defeated Evansville in the opening round of the MVC tournament and Belmont in the quarterfinals, before losing to top-seeded Bradley in the semifinals. They received an invitation to play in the CBI, where they would defeat USC Upstate in the first round, before falling to eventual tournament runners-up Eastern Kentucky in overtime in the quarterfinals.

Schedule and results
!colspan=12 style=| Regular season

!colspan=12 style=| MVC tournament

!colspan=12 style=| NIT



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