The 1961–62 North Carolina Tar Heels men's basketball team was Dean Smith's first as the head coach at North Carolina. The 1961–62 team finished with an 8–9 overall record, despite a young and inexperienced roster. They tied for fourth in the Atlantic Coast Conference with a 7–7 record. Their season ended with a first round loss in the ACC Tournament to South Carolina. This was Dean Smith's only losing season as a head coach at North Carolina.