The invention provides a modified industrial anti-corrosion aqueous alkyd coating and a preparation method of same. The alkyd coating includes, by weight, 35-45 parts of aqueous alkyd resin, 15-25 parts of aqueous acrylic resin, 0.2-0.4 parts of a drier, 3-5 parts of a cosolvent, 30-45 parts of pigment filler, 5-10 parts of an antirust pigment, 0.1-0.5 parts of an anti-settling agent, 0.5-1 part of a dispersant, 0.05-0.1 parts of a defoamer, 0.1-0.5 parts of a flatting agent, 0.3-1 part of an anti-flash-rust agent and 15-20 parts of water. The modified industrial anti-corrosion aqueous alkyd coating is high in solid content and low in volatile organic compounds (VOCs), is low in environment pollution, has good adhesion force, is excellent in recoatability, and has good chemical product resistance, water resistance and salt fog resistance. In the invention, through specially designed epoxy-ester resin and selection of the weather resistant pigment and antirust pigment, a paint film, formed by the coating, has excellent comprehensive performances, such as fullness, adhesion force, salt fog resistance and chemical product resistance; especially, the salt fog resistance of the coating is greatly higher than that of epoxy-ester resin in the prior art.