The invention relates to a method for treating chrome-containing wastewater by catalytic reduction of a petaloid magnetic iron oxide/molybdenum sulfide composite. The method comprises the following steps: weighing ferrous sulfate heptahydrate and sodium chlorate, dissolving in deionized water, stirring until the solution becomes light yellow, reacting in a high-pressure reaction kettle, carrying out centrifugal separation to obtain ferric oxide, drying, and pulverizing into powder; weighing the ferric oxide powder, molybdenum trisulphate dihydrate and thiocarbamide, dissolving in deionized water, stirring uniformly, transferring the mixture into a high-pressure reaction kettle, reacting, and carrying out centrifugal separation; cleaning with ethanol and deionized water; and drying to obtain the ferric oxide/molybdenum sulfide composite finished product, adding the finished product into hexavalent-chrome-containing wastewater with the initial concentration of 5-20 mg/L, stirring uniformly, irradiating with a metal halide lamp for more than 30 minutes, determining the hexavalent chrome concentration after treatment, and calculating the removal rate. The ferric oxide/molybdenum sulfide composite for treating hexavalent-chrome wastewater has the advantages of high removal rate and low treatment cost.