$Pd/TiO_2$ particles were prepared by wet impregnation for aerobic benzyl alcohol oxidation. Catalysts were prepared by the impregnation of 10 wt% palladium on $TiO_2$ after calcination at various temperatures. The surface areas of the catalysts were changed with calcination temperature. The catalyst calcined at $300^{circ}C$ possessed the highest surface areas. Catalytic activity of the prepared samples was examined for aerobic benzyl alcohol oxidation. Among the samples, $Pd/TiO_2$ calcined at $300^{circ}C$ showed the highest catalytic activity. Moreover, the catalysts with various Pd concentrations from 5 wt% to 15 wt% were prepared to investigate an optimum catalyst. 10 wt% $Pd/TiO_2$ was the most active in this reaction due to its higher surface areas and metal dispersion.