The invention provides a graphene/silicon carbide Schottky junction based photovoltaic cell and a preparation method thereof. The method comprises the following steps: placing a TiPdAg back electrode, an n-type monocrystalline silicon piece n-Si, an annular SiO2 layer and an annular gold film from bottom to top in a laminating mode, and forming stepped holes by an inner hole of the gold film, a through hole in the middle of the SiO2 layer and the upper surface of the n-type monocrystalline silicon piece n-Si; tiling the graphene or organic suspension of the graphene on the surface of the stepped holes by methods of directly transferring, spin coating, spraying, dipping and filtering, and leading the dried graphene film to be closely combined with the n-Si on a substrate electrode; and taking a lead wire extracted from one end of the graphene film as an anode of the photovoltaic cell, and taking a lead wire extracted from one end of the TiPdAg back electrode as a cathode of the photovoltaic cell. The photovoltaic cell reduces the utilization ratio of silicon, has simple assembly process and low cost, and is applicable to scale application.