Provided are a magnetic resonance (MR) image processing apparatus and a method of reconstructing a MR image. The MR image processing apparatus includes a processor and a memory connected to the processor, wherein the processor is configured to acquire a partially sampled multi-coil k-space with respect to an object and obtain a reconstructed image of the object by reconstructing the partially sampled multi-coil k-space based on a pre-acquired first dictionary and a second dictionary acquired by using the first dictionary.