The 1992–93 season was FC Dinamo București's 44th season in Divizia A. Dinamo finished second in the championship, four points behind rivals Steaua. Before the 29th day, Dinamo and Steaua had the same number of points, but Dinamo lost the next match, at home, against Selena Bacău, then won only six points in the final five games. After the title won the year before, Dinamo entered the newly-formed UEFA Champions League and in the first round eliminated Kuusysi Lahti from Finland, but lost in the second round against Olympique de Marseille, the eventual winner of the competition.