The invention relates to a preparation method of a wear-resistant ferroalloy. The method comprises steps as follows: in the ratio, placing 1/3 parts of iron by weight, 1 part of manganese by weight, 1 part ofaluminum by weight and 1/2 parts of chromium by weight into a smelting furnace for melting, heating the smelting furnace to the temperature of 1250-1350 DEG C for 0.5-1 h, and then cooling the smelting furnace to the temperature of 200-350 DEG C; then sequentially adding the rest chromium by weight, 1 part ofmolybdenum by weight,1 part of nickel by weight, 1 part of titanium by weight, 1 part of vanadium by weight, 1 part of boron by weight and 1 part of cobalt by weight, and heating the mixture to the temperature of 1250-1350 DEG C; then adding the rest iron by weight, 1 part of carbon by weight, 1 part of silicon by weight and 1 part of ceriumby weight at the temperature of 1250-1350 DEG C for 1-2 h, and performing casting, annealing, quenching and tempering to obtain the wear-resistant ferroalloy. Structural grains of the aluminum can grow excessively in an alloy liquid, the aluminum, the manganese and the chromium form a framework-like structure, and elements added later enter the liquid in a filling manner.