1993–94 Ukrainian First League was the third season of the Ukrainian First League which was won by Prykarpattia Ivano-Frankivsk. The season started on August 15, 1993, and its final round (40th) was played on July 3, 1994. In the last round Evis Mykolaiv (Shipbuilders) snatched the ticket to the Ukrainian Premier League from under the nose of Polihraftekhnika Oleksandriya (a point ahead of the Shipbuilders) by beating Naftovyk Okhtyrka 2:1 after allowing the first goal.