The invention discloses a flue gas denitration catalyst. The catalyst comprises a carrier and a catalytic activity component, wherein the catalytic activity component is manganese, cobalt and cerium composite oxide, wherein the molar ratio of the manganese element to the cobalt element to the cerium element is 1:0.1-1:0.1-1. A preparation method of the flue gas denitration catalyst comprises the following steps of: (1) taking a soluble manganese salt, a soluble cobalt salt and a soluble cerium salt, wherein the molar ratio of the manganese element to the cobalt element to the cerium element is 1:0.1-1:0.1-1, dissolving the salts in deionized water, and adding ammonia water to adjust the pH value to between 5 and 7; (2) soaking a carrier in aqueous solution of citric acid, diluted hydrochloric acid or diluted nitric acid for 24 to 48 hours, drying the carrier, soaking the carrier in the solution of the step (1), standing the carrier for 24 hours and drying the carrier; and (3) roastingthe prepared sample in step (2) in air, and cooling the sample. The flue gas denitration catalyst has the advantages of simple preparation method, high poisoning resistance, no secondary pollution toenvironment, wide activity temperature window, low activity starting temperature and the like.