1931–32 SM-sarja season
The season 1931/32 was the fourth season of the Finnish SM- sarja. Master became the second overall time in club history HJK Helsinki.
Championship
First round
- HPS Helsinki - Helsinki HSK 4-0
- Tapa Tampere - Tampere Ilves 2-1
Semifinal
- Reipas Viipuri - HJK Helsinki 0-1 rating
- HPS Helsinki - Tampere Tapa 6:1
Final
- HJK Helsinki - HPS Helsinki 4-0