The 2011–12 Ole Miss Rebels men's basketball team represented the University of Mississippi in the sport of basketball during the 2011–12 college basketball season. The Rebels competed in Division I of the National Collegiate Athletic Association (NCAA) and the Southeastern Conference (SEC). They were led by head coach Andy Kennedy, and played their home games at Tad Smith Coliseum on the university's Oxford, Mississippi campus. They were selected to play in the 2012 National Invitation Tournament as a #2 seed, where they were defeated by Illinois State in overtime.