Michigan compiled a 7–0–1 record, extended its unbeaten streak to 22 games, shut out five of eight opponents, gave up an average of 2.3 points per game, outscored opponents 131 to 18, and was the Big Ten champion.
Center Chuck Bernard and tackle Francis Wistert were consensus first-team picks for the 1933 College Football All-America Team.
Ohio State finished in third place with a 7–1 and its sole loss being against Michigan.
Iowa quarterback/halfback Joe Laws received the Chicago Tribune Silver Football trophy as the most valuable player in the conference.
Key DS = Ranking in the Dickinson System, a system used at the time to rank the country's best college football teams and to award the Knute Rockne Trophy to the national champion[1] PPG = Average of points scored per game[2] PAG = Average of points allowed per game[2] MVP = Most valuable player as voted by players on each team as part of the voting process to determine the winner of the Chicago Tribune Silver Football trophy[3] The following players received first-team honors from either the Associated Press (AP) or United Press (UP) on the 1933 All-Big Ten Conference football team: Three Big Ten players were consensus first-team picks on the 1933 College Football All-America Team:[4] Other Big Ten players receiving first-team All-American honors from at least one selector were: