Disclosed herein is a method for manufacturing an R-T-B permanent magnet and the magnet made with the method. The method may include preparation of strip pieces by melting and casting, preparing coarse powder by hydrogen decrepitation of the strip pieces; milling the powder into fine powder; pressing the fine powder is pressed to form a compact, pre-sintering the compact in vacuum or inert gas, machining the pre-sintered block to a desired shape; and dispersing the heavy rare earth compound powder into an organic solvent to prepare a slurry and a second sintering step.