The 1932 Texas A&M Aggies football team represented the Agricultural and Mechanical College of Texas—now known as Texas A&M University—in the Southwest Conference (SWC) during the 1932 college football season. In its fourth season under head coach Matty Bell, the team compiled an overall record of 4–4–2, with a mark of 1–2–2 in conference play, and finished fourth in the SWC.

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