The 1937 season of the
Mitropa Cupfootball club tournament was won by
Ferencváros who defeated
Lazio 9–6 on aggregate in the final. It was their second victory in the competition, having previously won it in 1928. The two legs of the final were played on 12 September and 24 October.
This was the eleventh edition of the tournament, and the first edition to feature a team from Romania. Defending champions
Austria Wien lost at the semifinal stage to eventual winners Ferencváros.