Michigan, under head coach Fritz Crisler, compiled an 8–1, tied with Purdue for the conference championship, led the conference in scoring offense (33.6 points per game), and was ranked No. 3 in the final AP Poll. The team's sole loss was to consensus national champion Notre Dame. Bill Daley was a consensus first-team All-American and finished seventh in the voting for the Heisman Trophy. Bob Wiese received the team's most valuable player award.
Northwestern, under head coach Pappy Waldorf, compiled a 6–2 record and was ranked No. 9 in the final AP Poll. Quarterback Otto Graham received the Chicago Tribune Silver Football trophy as the most valuable player in the Big Ten. Northwestern's two losses were to No. 1 Notre Dame and No. 3 Michigan.
Key
PPG = Average of points scored per game[1]
PAG = Average of points allowed per game[1]
MVP = Most valuable player as voted by players on each team as part of the voting process to determine the winner of the Chicago Tribune Silver Football trophy
Regular season
Bowl games
During the 1943 season, the Big Ten maintained its long-standing ban on postseason games. Accordingly, no Big Ten teams participated in any bowl games.
At the end of the 1943 season, Big Ten players secured two of the consensus first-team picks for the 1943 College Football All-America Team.[4] The Big Ten's consensus All-Americans were: