The 1962 Northwestern Wildcats team represented Northwestern University during the 1962 Big Ten Conference football season. In their seventh year under head coach Ara Parseghian, the Wildcats compiled a 7–2 record (4–2 against Big Ten Conference opponents) and finished in third place in the Big Ten Conference. The Wildcats were ranked #1 in the AP Poll before losing consecutive games late in the season against #2-ranked Wisconsin and Michigan State.