The German club are on the hunt for a new manager and currently have Daniel Bierofka in interim charge.
A number of big-name coaches have been linked with the post, including former Chelsea and Portsmouth boss Avram Grant and ex Aston Villa coach Roberto Di Matteo.
However, according to German news outlet TZ, Bilic is high on Munich's shortlist to takeover.
The Croatian is under pressure at Upton Park and there was speculation he could be shown the door earlier this season.
If that is the case then Munich are ready to pounce to see if Bilic would like to continue his career in Germany.