The Partizan team that won the 1954 Yugoslav Cup. Standing from left to right: Ranko Borozan, Miodrag Jovanović, Čedomir Lazarević, Bruno Belin, Slavko Stojanović, and Stjepan Bobek (captain). Crouching from left to right: Prvoslav Mihajlović, Marko Valok, Stanoje Jocić, Branko Zebec and Zlatko Čajkovski.
The 1954 Yugoslav Cup was the 8th season of the top football knockout competition in SFR Yugoslavia, the Yugoslav Cup (Serbo-Croatian: Kup Jugoslavije), also known as the "Marshal Tito Cup" (Kup Maršala Tita), since its establishment in 1946.
First round proper
In the following tables winning teams are marked in bold; teams from outside top level are marked in italic script.