Provided is a method for preparing an amorphous strip master alloy. The method includes: providing an amorphous alloy and cementite Fe3C; and placing the amorphous alloy and the cementite Fe3C in a smelting furnace for smelting treatment to obtain the amorphous strip master alloy, wherein elements constituting the amorphous alloy include Fe element, Si element and B element. An amorphous strip master alloy prepared by the preparation method is also provided.