The 1991–92 Michigan Wolverines men's ice hockey team represented the University of Michigan in intercollegiate college ice hockey during the 1991–92 NCAA Division I men's ice hockey season. The head coach was Red Berenson and the team captain was David Harlock. The team played its home games in the Yost Ice Arena on the University campus in Ann Arbor, Michigan. The team finished first in the Central Collegiate Hockey Association regular season and qualified for the Frozen Four of the 1992 NCAA Division I Men's Ice Hockey Tournament. In the tournament, Michigan was a number one seed in the West Region and defeated Northern Michigan 7–6 in the quarterfinals before losing to Wisconsin 4–2 in the semifinals, but Wisconsin's participation has been vacated.