The ejector type microbubble generator, which is the method to supply air to water by using cavitation in the nozzle, does not require any air supplier so it is an effective and economical. Also, the distribution of the size of bubbles is diverse. Especially, the size of bubbles is smaller than the bubbles from a conventional air diffuser and bigger than the bubbles from a pressurized dissolution type microbubble generator so it could be applied to the aeration tank for wastewater treatment. However, the performance of the ejector type microbubble generator was affected by hydraulic pressure and MLSS(Mixed Liquor Suspended Solid) concentration so many factors should be considered to apply the generator to aeration tank. Therefore, this study was performed to verify effects of hydraulic pressure and MLSS concentration on oxygen transfer of the ejector type microbubble generator. In the tests, the quantity of sucked air in the nozzle, dissolved oxygen(DO) concentration, oxygen uptake rate(OUR), oxygen transfer coefficient were measured and calculated by using experimental results. In case of the MLSS, the experiments were performed in the condition of MLSS concentration of 0, 2,000, 4,000, 8,000 mg/L. The hydraulic pressure was considered up to $2.0mH_2O$. In the results of experiments, oxygen transfer coefficient was decreased with the increase of MLSS concentration and hydraulic pressure due to the increased viscosity and density of wastewater and decreased air flow rate. Also, by using statistical analysis, when the ejector type microbubble generator was used to supply air to wasterwater, the model equation of DO concentration was suggested to predict DO concentration in wastewater.