In this paper, an improved finite control set model predictive current control (FCS-MPCC) is proposed for a two-phase hybrid stepper motor fed by a three-phase voltage source inverter (VSI). The conventional FCS-MPCC selects an optimal voltage vector (VV) from six active and one null VVs by evaluating a simple cost function and then applies the optimal VV directly to the VSI. Though the implementation is simple, it features a large current ripple and total harmonic distortion (THD). The proposed improved FCS-MPCC builds an extended control set consisting of 37 VVs to replace the original control set with only seven VVs. The increase in the amount of VVs helps to regulate the current more accurately. In each control period, the improved FCS-MPCC takes advantage of deadbeat control to calculate a reference VV, and only the three VVs adjacent to the reference VV are predicted and evaluated, which decrease the computational workload significantly. Build waveform patterns for all VVs in the unbalanced circuit structure to modulate the optimal VV using discrete space vector modulation, which improves the current quality in reducing current ripple and THD. The comparative simulations and experimental results validate the effectiveness of the proposed method.