Sloga Jugomagnat were the defending champions, having won their third title in a row.
The 2001–02 champions were Vardar who had won their fourth title, first since 1995.
The table standings at the end of the Regular season determine the group in which each team is going to play in the Play-offs.
The second phase are the so-called Play-off Rounds which is divided in two groups: Championship and Relegation.
The top 6 ranked teams on the table after the Regular Season qualify for the Championship group, while the bottom 6 advance to the Relegation group.