Yes, the Indiana University men's basketball program has won five NCAA Division I national championships throughout its storied history. The Hoosiers captured titles in 1940, 1953, 1976, 1981, and 1987. Notably, the 1976 team coached by Bob Knight finished with a flawless 32-0 record, remaining the last men's college basketball team to complete an entire season undefeated and win the national crown.