The 2001–02 Pepperdine Waves men's basketball team represented Pepperdine University in the 2001–02 NCAA Division I men's basketball season.

The team was led by first-year head coach Paul Westphal.

The Waves played their home games at the Firestone Fieldhouse and were members of the West Coast Conference.

Pepperdine lost in the championship game of the West Coast Conference tournament, but did receive an at-large bid to the NCAA tournament as No.

7 seed Wake Forest in the opening round, 83–74.