2003–04 Scottish First Division
| Season | 2003–04 |
|---|---|
| Champions | Inverness Caledonian Thistle |
| Promoted | Inverness Caledonian Thistle |
| Relegated | Ayr United Brechin City |
| Top goalscorer | Ian Harty (15) |
← 2002–03 2004–05 → | |
The 2003–04 Scottish Football League First Division was won by Inverness Caledonian Thistle who were promoted to the Scottish Premier League. Ayr United and Brechin City were relegated to the Second Division.