2023–24 SMU Mustangs women's basketball team

The 2023–24 SMU Mustangs women's basketball team represents Southern Methodist University during the 2023–24 NCAA Division I women's basketball season. The Mustangs, led by third-year head coach Toyelle Wilson, play their home games at Moody Coliseum in University Park, Texas as members of the American Athletic Conference. This will be SMU's final season as members of the American Athletic Conference, as they will be joining the Atlantic Coast Conference in July 2024.

Previous season
The Mustangs finished the 2022–23 season 17–12, 7–8 in AAC play to finish in fifth place. As the #5 seed in the AAC tournament, they lost to #4 seed Houston in the quarterfinals. They received an at-large bid into the WNIT, where they would defeat Little Rock in the first round, before falling to Texas Tech in the second round.

Schedule and results
!colspan=12 style=| Exhibition

!colspan=12 style=| Non-conference regular season

!colspan=12 style=| AAC regular season

!colspan=12 style=|AAC tournament



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