The invention discloses a preparation method of an oxide ceramic composite shell for precision casting of titanium alloy. The preparation method comprises the following five steps: pressing a wax mold; respectively preparing a surface layer coating, a surface-layer-approaching layer coating, a reinforcing layer coating, a back layer coating and a back layer hardening agent; sequentially dipping the wax mold into the above solutions, and drying to prepare a shell model; dewaxing the shell model; roasting the shell model, and discharging the shell model from a furnace, so as to obtain the shell. The preparation method disclosed by the invention solves the defects that materials are dissolved in water and the air permeability of the shell is poor in existing preparation and dewaxing processes of a shell. The preparation method disclosed by the invention has the advantages that the preparation cycle of the shell is shortened, the production efficiency is increased, dewaxing equipment is simple and is simple and convenient to operate, the surface of the roasted shell is smooth, phenomena such as peeling, shedding, cracking, powder falling and the like on a surface layer are avoided, and the shell is good in air permeability and deformability, and thus a casted titanium alloy casting has a smooth surface, is pollution-free and is low in roughness.