A method for controlling a wheel slip of a vehicle is provided. The method includes estimating equivalent inertia information of a driving system based on operation information of the driving system during operation of a vehicle and subsequently, calculating the amount of calibration for calibrating a torque command of a driving device for driving the vehicle from the estimated equivalent inertia information of the driving system. The torque command of the driving device is calibrated using the calculated amount of calibration and subsequently the torque applied to a driving wheel is adjusted according to the calibrated torque command.