The invention provides a carbon/alumina composite carrier catalyst used for hydrazine decomposition reaction and a preparation method thereof. The catalyst showed in the formula is A/C-Al2O3, C-Al2O3 is the carbon/alumina composite carrier, and active constituent A is transition metal Mo, W, Fe, Co, Ni, Ru, Rh, Pd, Ir, Pt or carbonization, nitride and phosphide thereof; wherein, the content of the A is 2-40wt percent and the preparation temperature of the A is 300-900 DEG C. The invention has simple preparation, especially for the preparation of active species of the transitional metal carbonization, which uses H2 instead of CH4/H2 gas used in the past preparation to have direact reduction; the invention prevents carbon deposition on the surface of the carbonization from inactivating, thus being beneficial to acquire more catalytic active sites.