The 1934 season of the Mitropa Cupfootball club tournament was won by AGC Bologna who defeated SK Admira Vienna 7–4 on aggregate in the final. It was Bologna's second victory in the competition, having won it previously in 1932. The two legs of the final were played on 5 September and 9 September.
This was the eighth edition of the tournament. Holders FK Austria Vienna were eliminated in the first round
b The play off between Budapest and Sparta was declared void, as well as the original home and away matches, due to Sparta having fielded an ineligible player. The tie was subsequently played from the beginning.