To provide a magnetic element capable of reducing working man hour, the number of components, and an amount of a copper wire. A magnetic element 1 is provided with a coil assembly 4 including a core 2 formed by a compression molded magnetic body and a coil 3 wound on an outer periphery of the core 2, and an outer peripheral core 5 that surrounds an outer periphery of the coil assembly 4. The outer peripheral core 5 is formed by an injection molded magnetic body and includes an opening 5a into which the coil can be inserted, and a pair of grooves 5b into which both end portions in an axial direction of the core 2, the groove 5b being provided as a fixing unit for fixing the coil assembly 4 in the outer peripheral core and formed on an inner peripheral surface of the outer peripheral core.